supiiasked Jun 30, 2021 at 2:52am
Natural Skin Care Products Market Size Revenue Share, Drivers & Trends Analysis, 2020–2028
Increasing preference for natural ingredients in beauty products and increase in number of start-ups offering natural skincare products driving growth of the natural skincare products market
Market Size – USD 11.44 Billion in 2020 Market Growth – 5.5% Trends – Rising demand for natural ingredients in skin care products
The global natural skin care products market size is expected to reach USD 17.40 Billion by 2028 at a CAGR of 5.5% over the forecast period, according to a latest report by Reports and Data. Key factors driving market revenue growth include increasing customer awareness regarding benefits of natural ingredients in skin care products. Rising environmental concerns as well as harmful effects of chemicals on skin has prompted a shift in customer preference towards skin care products that contain more natural ingredients. Skin care has been gaining focus due to climate change and air pollution and resultant effects on skin tone and conditions such as tanning and dry skin among others, and this has been resulting in an increasing number of customers seeking natural ingredients in products they prefer, and for products that are less likely to cause long-term damage to the skin.
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The Global Rheometers And Viscometers Market size is expected to reach USD 1,087.57 million by 2028 at a CAGR of 4.3%, according to the latest report by Reports and Data. Steady market revenue growth is primarily attributed to technological advancements in rheometers and viscometers, rapidly surging demand among various end-use industries including pharmaceutical and biotechnology, cosmetics, and food & beverage industries, and from petrochemical refineries, and chemical and material manufacturers, and due to wide usage of these devices in research and diagnostic laboratories.