The global clean beauty market size was US$ 6,541.2 million in 2021. The global clean beauty market is forecast to grow to US$ 18,021.6 million by 2030 by registering a compound annual growth rate (CAGR) of 12.5% during the forecast period from 2022 to 2030.
Clean beauty is the term that defines the purity of the product. Clean beauty means that the product is non-toxic and has all the ingredients mentioned in the labeling. Furthermore, the product is deprived of any harmful ingredients that may harm the skin.
Factors Influencing the Market
The rising demand for natural plant-based beauty products is primarily driving the growth of the clean beauty market. In addition to that, growing awareness among consumers about the benefits of clean beauty products will drive the market forward.
The rising awareness about checking labels for ingredients will also benefit the market. In addition, an increasing range of video content informing the benefits of natural ingredients will also contribute to the growth of the clean beauty market.
Increasing cases of skin-related problems, such as dark spots, blemishes, etc., will also escalate the demand for clean products as they boost collagen, diminishes dark spots, and provide perfect moisture to the skin. Thus, it will accelerate the growth of the clean beauty market.
Regional Analysis
Globally, the Asia-Pacific clean beauty market is forecast to emerge as the largest market, owing to the rising awareness among the population related to the benefits of natural products. In addition, the presence of efficient medicinal plants in the region will drive the growth of the clean beauty market. The market is also driven by the rapidly increasing consumer spending on natural beauty products. Furthermore, growing advertising related to toxin-free and eco-friendly products will propel this regional market forward. The region is home to one of the prominent cosmetics industries, which will contribute to the global clean beauty product market during the forecast period.
COVID-19 Impact Analysis
The wake of the COVID-19 pandemic has significantly raised awareness about the benefits of eco-friendly products. However, the market witnessed a sudden decline in the demand for cosmetics products. The pandemic has substantially affected consumer purchasing power. As a result, it declined the growth of the clean product market. Apart from that, delays in manufacturing activities, import-export challenges, and reduction in consumer demand further hampered the growth of the global clean beauty market.
Competitors in the Market
Market Segmentation
The global clean beauty product market segmentation focuses on Product, Distribution Channel, Skin Type, and Region.
By Product Type Outlook
By Distribution Channel Outlook
By Skin Type Outlook
By Regional Outlook
