ASEAN Organic Cosmetics Market, By Product Type (Skin Care, Hair Care, Make up, Fragrances, Toiletries, Others), Distribution Channel (Department Stores, Franchise Outlet, Beauty Specialist Salon, Direct Sales, Chemist/Pharmacies, Internet, Others), Country (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2028
Market Analysis and Insights : ASEAN Organic Cosmetics Market
The ASEAN organic cosmetics market size is expected to grow at a compound annual growth rate of 10.00% for the forecast period of 2021 to 2028. ASEAN organic cosmetics market report analyses the growth, which is currently being growing due to the rise in prevalence of various organic products manufacturers.
Organic cosmetics are generally originated from ingredients that are certified as organic by various certifying institutions operating throughout the world. These ingredients have high level of antioxidants and are prepared without the use of synthetic fertilizers and genetically modified organisms. Organic cosmetics are manufactured to give increased benefits such as reducing the risk of harsh skin, allergies and irritations and do not have any side effects over human body.
The rise in levels of expenditure on health and hygiene products is one of the major factors anticipated to drive the ASEAN organic cosmetics market growth rate. Moreover, the rise awareness amongst the consumers pertaining to the chemicals present in the cosmetics and their impact on skin and cosmetics is also expected to fuel the growth of the ASEAN organic cosmetics market in the forecast period of 2021 to 2028. Also the market is largely driven by the high adoption of regulations to minimize the usages of synthetic ingredients in cosmetic products. Additionally, the large number of working population across the world and supportive government policies and regulations are also expected to highly impact the growth of the ASEAN organic cosmetics market. While, the increase in penetration of internet and high growth of the e-commerce sector are also amongst the major factors expected to fuel the growth of the ASEAN organic cosmetics market in the above mentioned forecast period.
In addition, the rise in beauty concern along with the rapid increase in the efforts from numerous multinational corporations and change in consumer behavior and preference towards buying cosmetics from online platform are expected to bring various opportunities that will lead to the growth of the ASEAN organic cosmetics market in the above mentioned forecast period.
However, the low shelf life of the organic products and easy availability of advanced beauty treatments are expected to act as a major limiting factor for ASEAN organic cosmetics market, whereas the, high cost of organic skincare products can challenge the growth of the ASEAN organic cosmetics market in the forecast period of 2021 to 2028.
This ASEAN organic cosmetics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the ASEAN organic cosmetics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
ASEAN Organic Cosmetics Market Scope and Market Size
The ASEAN organic cosmetics market is segmented on the basis of product type and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on product type, the ASEAN organic cosmetics market is segmented into skin care, hair care, make up, fragrances, toiletries and others. Skin care segment will make maximum share in the growth of the market because of the rise in awareness among the consumer regarding the benefits of the organic products.
- The distribution channel segment of the ASEAN organic cosmetics market is segmented into department stores, franchise outlet, beauty specialist salon, direct sales, chemist/pharmacies, internet and others.
ASEAN Organic Cosmetics Market Country Level Analysis
The ASEAN organic cosmetics market is analyzed and market size, volume information is provided by country, product type and distribution channel as referenced above.
The countries covered in the ASEAN organic cosmetics market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines and Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
Thailand leads the ASEAN organic cosmetics market because of the increase in per capita expenditure and high disposable income. Singapore is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rapid rise in skincare demand associated with a rapid shift in the trend towards organic personal care products.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and ASEAN Organic Cosmetics Market Share Analysis
The ASEAN organic cosmetics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ASEAN organic cosmetics market.
The major players covered in the ASEAN organic cosmetics market report are AVON Beauty Products India Pvt Ltd., Dabur, Shiseido Co., Ltd., PT Martina Berto Tbk, and Jasmin Organics, among other domestic and regional players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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