Global natural and organic beauty product sales reach US$ 9 billion

 

Global sales of natural and organic beauty products are projected to reach USD 9 billion this year. Although consumer demand for natural & organic products remains buoyant, new research finds the growth rate is slowing because of the weak economic climate. In its upcoming report on the “Global Market for Natural & Organic Personal Care Products”, Organic Monitor predicts revenues to climb to USD 14 billion in 2015The Global Market for Natural & Organic Personal Care Products will be published in December 2011. Demand  for natural & organic products has spread to every region, however sales remain concentrated in Europe and North America. Natural and organic products have 2 % share of global personal care product sales. In some countries – such as the USA, Germany, Austria – the market share is reaching 10 %. The large market share is because of high consumer awareness and extensive distribution of natural and organic products.
Widening availability is a major driver of market growth. Natural and organic personal care products are crossing over from specialists to mainstream channels. Premium brands, such as Dr. Hauschka (picture) and REN, are targeting high-end retailers. Other brands are entering pharmacies, drugstores, supermarkets and department stores. Companies like ADA Cosmeticsand Panpuri are developing natural lines for hotels and the spa channel. Large cosmetic companies are entering the naturals arena. Some like L’Oreal and Colgate-Palmolive have taken the acquisition route, whilst others have developed natural / organic lines. Recent newcomers, such as GarnierHenkel and Amore Pacific, are launching certified organic products.
Retailer private labels are also becoming prominent for natural personal care products. They are most successful in Germany where they comprise about 20 % of natural personal care product sales. Alverde, (picture) the private label of DM drugstores, is leading with over 300 products across categories. Private labels are most established in Europe, however they are also becoming popular in the USA, Russia and other countries. Competitive stakes are rising as new entrants continue whilst market growth rates slow. Organic Monitor finds successful brands are those that focus on marketing and distribution to differentiate their products. Vertical integration is occurring whereby brands are operating at several levels of the supply chain. Concept stores have become en vogue, with leading brands like AvedaMelvita and Korres opening international retail networks.
Latest findings from the new report as well as future growth projections are given in dedicated workshops at the Sustainable Cosmetics Summit. Organic Monitor will be conducting workshops titled ‘Business Opportunities in the Global Market for Natural & Organic Cosmetics’ at theEuropean edition in Paris from 28 to 30 November and at the Asia-Pacific edition in Hong Kongfrom 7 to 8 November.

 

 

 

 

Sustainable Cosmetics Summit

 

 

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About greemtorganics

Greemt is a global company specialized in the international trade of organic products. We work with producers from Argentina and Spain, who are fully certified organic according to international standards and are willing or are already exporting. Our differentiating factor is the dual physical presence in Argentina and in Europe, allowing us to be in direct contact with producers and potential worldwide buyers to drive the organic market. Our main objective is to provide quality and safety in organic products, facilitate commercial flow and establish solid relationships between organic producers and buyers, in order to generate business with high revenue.
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