THE CLEAN BEAUTY MARKET: BY THE NUMBERS
The clean beauty trend has completely transformed the way we think about skincare and cosmetics industries. The demand for eco-friendly beauty products keeps growing as more people place higher importance on their skincare and the environment. Below is the statistical guidance of the clean beauty market to demonstrate its rapid expansion and influence on the cosmetics sector.
- Market Size and Growth
The clean beauty sector has experienced remarkable growth in recent years. As per the report by Statista, the market will expand quickly and reach a value of around 15.3 billion US dollars by 2028. This demonstrates the growing acceptance and preference among consumers for natural cosmetic products.
- Rising Consumer Awareness
Consumers are paying closer attention to the elements in the skin care products they use. According to an NPD Group survey, more than half of American women actively look for natural or organic cosmetic products. The demand for clean beauty products is rising as a result of this increased awareness of clean beauty.
- Clean Beauty and Sustainability
The clean beauty market is significantly influenced by sustainability. Customers are concerned about potential product effects on the environment as well as their skin. Vegan, cruelty-free, and environmentally friendly clean beauty products have become more and more well-liked in recent years.
- Ingredient Transparency
A basic aspect of clean beauty is transparency. Consumers are interested in the components of the skincare products they use. In a study by Label Insight, 94% of participants said they were more likely to stick with a company if it completely disclosed all of its ingredients. Consumers are beginning to trust and believe in clean beauty brands that offer accurate ingredient lists.
- Clean Beauty Certification
Certifications are important in the clean beauty industry. These accreditations guarantee that the products adhere to strict standards and requirements for clean beauty. The Environmental Working Group's (EWG) Verified™ mark is a well-known certification. Consumers can be confident that the products exceed strict requirements for ingredient safety and transparency thanks to this certification.
- Clean Beauty in Mainstream Retail
Clean beauty products are no longer only available at speciality shops or niche stores. They are progressively gaining popularity. Major retailers like Sephora, Ulta Beauty, and Target have distinct clean beauty departments or complete product lines. This growth into mainstream retail reflects the rising popularity of clean cosmetic products and their increased accessibility.
The desire for ingredient transparency, greater consumer awareness, and a growing dedication to sustainability are all factors contributing to the clean beauty market's success. The statistics clearly illustrated the tremendous development and influence of clean beauty products in the cosmetics market. The clean beauty trend will continue to influence the development of skincare and cosmetics as long as customers prioritize their health and the environment.