From an estimated market size of US$ 34.5 billion in 2018, global sales of natural cosmetics are expected to reach US$ 54.5 billion by 2027, at a CAGR of 5.2%. According to Future Market Insights (FMI), the growth is fueled by growing consumer concerns regarding the side effects of chemicals in cosmetics and toiletries, the dissemination of knowledge regarding benefits of natural ingredients and increasing ethical consumerism. Consumer preference for organic and natural products is no more (…)
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Source: Premium Beauty News – vincent