Herbal Beauty Products Market was Worth US$ 91.99 Billion in 2016 and is Predicted to Grow at a CAGR of 4.71% in Terms of Revenue between 2017 and 2025

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Herbal Beauty Products
Herbal Beauty Products

Herbal beauty products are those that have desired physiological features such as smoothing appearance, healing, and conditioning properties. Herbal beauty products are free of chemicals and are made from plant extracts, roots, and leaves. Demand for herbal beauty products is increasing due to their minimal or no adverse effects, which is projected to drive the Herbal Beauty Products Market forward. Furthermore, rising spending on beauty and personal care goods are likely to drive market growth. According to the United States Department of Commerce, per capita, spending on cosmetics items in Japan in 2014 was valued at US$ 223, US$ 171 in France, and US$ 139 in the United States.

Due to increased customer preference for maintaining aesthetic appeal, the skincare segment is predicted to account for the biggest revenue share over the projection period. Furthermore, rising skin-related issues such as acne and eczema as a result of the usage of synthetic Herbal Beauty Products Market Expansion. According to the Centers for Disease Control and Prevention (CDC), the prevalence of eczema and skin issues in the United States was 7.2 percent in 2012 and climbed to 11.6 percent in 2014.

The Asia Pacific region dominates the global Herbal Beauty Products Market, which was valued at US$ 32.56 billion in 2016. Increasing awareness of herbal beauty products, as well as a growing population propensity toward aesthetic maintenance, are projected to be drivers driving growth in the beauty market for herbal beauty products in this area. The herbal cosmetic business in India is predicted to increase at a CAGR of 12 percent throughout the forecast period, according to the India Brand Equity Foundation (IBEF), a trust formed by the Department of Commerce, Ministry of Commerce, and Industry, India. The Government of India formed the Indian System of Medicine and Homeopathy Board to promote the manufacturing of herbal products in India.

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