Global Sustainable Beauty Market Report
One: Background
Sustainable beauty is the embodiment of corporate social responsibility. Brands are working together to build a greener, more transparent beauty world by forming a sustainability alliance and building a scoring system to promote various sustainability standards in the industry.
In February 2022, 36 international beauty and personal care groups, including L 'Oreal, Henkel, Unilever, LVMH and Natura & Co, announced the establishment of the Eco Beauty Score Consortium. The aim is to establish an industry-wide cosmetics environmental impact assessment and scoring system that is brand independent and transparent.
In January 2024, French luxury brand Chanel led the establishment of a group called the Traceability Alliance for Sustainable Cosmetics, TRASCE is a cooperative organization composed of 15 well-known cosmetic brand manufacturers and raw material and packaging suppliers. Designed to enhance traceability in the beauty industry.
Two: Sustainable cosmetics global market size
The scale of natural and organic cosmetics is 39 billion, and the market scale continues to grow
2024 The global pure skin care market exceeds 8.3 billion US dollars
The sustainable market segment of beauty products is growing
Cruelty-free, vegan certified skin care products are booming
Sustainable beauty and personal care products share of sales & scale growth
Three:Key areas under the trend of sustainable beauty
The "sustainable" beauty brand initiative