CIPI

The global organic hair colour market grows by leaps and bounds

The global organic hair colour market, valued at US$ 9.8 billion in 2022, is projected to grow to US$ 17.52 billion by 2031, with a CAGR of 7.0 per cent from 2024 to 2031. This growth is a testament to the rising shift towards eco-friendly and healthconscious consumer preferences. More and more people are now demanding natural, chemical-free hair colouring solutions. Organic hair colour products, made with natural ingredients like henna, fruits, vegetables, and flower extracts, are popular as they decrease chemical exposure and environmental impact, and yet have superior colour performance.

Consumers are going in sync with the broader clean beauty movement that makes use of natural, plant-based ingredients. Hence, they’re increasingly choosing organic hair colours that avoid synthetic additives like ammonia and parabens. The rising awareness of the health risks linked to conventional dyes is also boosting demand for organic alternatives.

Furthermore, as regulatory bodies enforce stricter cosmetic industry guidelines, the market for organic hair colour is expected to expand even more.

Global herbal beauty products market to reach US$136.83 bn

The global herbal beauty products market, valued at US$ 87.75 billion in 2022, is expected to reach USD 136.83 billion by 2031, growing at a CAGR of 5.06 per cent from 2024 to 2031. This growth is due to increasing consumer preference for natural and organic ingredients in skincare and cosmetics. Furthermore, the heightened awareness of the health benefits and environmental sustainability of such ingredients supports growth.

Key factors in this market growth include the demand for products free from synthetic chemicals, with herbal ingredients perceived as gentle and effective. Asia-Pacific and North America are significant markets, showing a rise in demand for traditional remedies like Ayurveda and Chinese herbal skincare. The U.S. herbal beauty products market is also anticipated to grow at a steady rate during the forecast period.

The market is expected to see further innovation in formulations and packaging, aligning with consumers’ desire for sustainable, plant-based beauty solutions.

CBD skincare market poised for unprecedented growth

The CBD skincare market, valued at US$ 733.16 billion in 2021, is projected to grow significantly, reaching US$ 8,620.41 billion by 2030, with a strong CAGR of 31.5 per cent from 2023 to 2030. The increasing popularity of CBDinfused personal care products is largely attributed to their benefits for skin health. where the legalisation of marijuana production further supports growth. Rising concerns over skin issues like sensitivity, inflammation, acne, and dryness are driving demand for CBD-based products, valued for their natural ingredient composition.

The launch of several new CBD skincare lines across the globe highlights the rapid expansion of the market. This is even more prominent in countries like Canada and North America,

Despite some consumers favouring cannabis seed extract-based creams, the market is benefiting from increasing research funding, lifestyle changes, and technological advancements. The rise in innovative product launches to meet growing consumer demand is expected to further boost the industry’s growth in the coming years.

PBHJ