According to recent report by Transparency Market Research, in 2012, the global organic personal care products market was worth an estimated US$7.6 billion and is anticipated to grow to reach a value of US$13.2 billion by 2018.
The report, titled ‘Organic Personal Care Products Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018′, also indicates that the market for organic personal care products will expand at a compound annual growth rate of 9.6% over the forecast period of 2012 to 2018.
The research report segments the Organic Personal Care Products Marketon the basis of product and region. Compared to the product-wise segmentation, the organic personal care products market is rather fragmented when it comes to geography.
The main product segments that comprise organic personal care products are cosmetics, oral care, hair care, skincare, and others. Accounting for 32.1% share of the total demand, skincare products segment led the organic personal care products market in 2011, with hair care and cosmetics segments following suit. Revenue-wise, the organic skincare products segment is anticipated to register a CAGR of 9.9% over the course of the forecast period.
Regionally, the global market for organic personal care products is segmented into North America