Organic personal care market predicted to reach global value of US$13.2 billion by 2018

The global market for organic personal care products is anticipated to reach a value of US$13.2 billion by 2018, according to New York-based research firm, Transparency Market Research.

In 2012, the market was worth US$7.6 billion, meaning that its value is expected to almost double over a six-year period.

The report, entitled Organic Personal Care Products Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018‘, predicts that the market will expand at a compound annual growth rate (CAGR) of 9.6% over the forecast period from 2012 to 2018.

The US was the biggest market for organic personal care products and is projected to grow at a 10.2% CAGR from 2012 to 2018.

The top players profiled in the research report are Burt’s Bee, Bare Escentuals, The Body Shop, Kiehl’s, The Hain Celestial Group, Aveda Corporation, Amway, Estee Lauder, Arbonne International, L’Occitane en Provence, and Natura Cosméticos S.A.

Numerous mergers and acquisitions within the organic personal care products market are believed to have contributed to its growth over the years.