The report examines the current Goat Milk Cosmetics market scenario and its market dynamics for the period 2022-2027. It covers a detailed overview of several market growth catalysts, restraints, and trends.
New York, May 02, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Goat Milk Cosmetics Market – Global Outlook and Forecast 2022-2027″ – https://www.reportlinker.com/p05932562/ ? utm_source=GNW
The study covers both market supply and demand. It also profiles and analyzes the major companies and several other prominent companies operating in the market.
The global goat milk cosmetics market is expected to grow at a CAGR of over 8% during the period 2021-2027.
• Premiumization of beauty products
• Diversification of product portfolios
• Social influencers are reshaping the cosmetics market
Demand for goat milk cosmetics is influenced by growing demand for ethical cosmetics, growing consumption of skincare products and shift in demand from luxury brands to artisanal products
MARKET SHARE AND MARKET SEGMENTATION OF GOAT MILK COSMETICS
The bath accessories segment holds the highest revenue share in the market; however, the market for other goat milk cosmetic products such as lip balm and shaving cream is expected to witness the highest growth rate with a CAGR of 8.99% (by value) during the period 2022. -2027, due to the increasing demand for these products in the market.
The shift in demand from mass beauty items to high-end luxury items tailored to consumer needs has created a plethora of opportunities for new products to enter the goat milk cosmetics market.
Segmentation by product type
• Bath accessories
• Skin care
• Hair care
• Foot, hand and nail care
Segmentation by distribution channel
• Specialty stores
• Supermarkets and hypermarkets
• Online channels
The market consists of various vendors including Dionis, Bend Soap Company, Ziaja, and others. There is intense competition among vendors for market share. The goat milk cosmetics industry is extremely fragmented, with local, regional and multinational suppliers operating around the world. However, the number of global players is limited and the growing popularity of natural cosmetics has resulted in a wave of national and local vendors entering the industry, all of which pose a major challenge to vendors worldwide.
Companies are developing products for specific skin conditions. For example, Bend Soap Company, a goat’s milk soap company, created a goat’s milk soap for people with specific skin conditions, including eczema, acne, and sensitive skin.
Key Company Profiles
• Bend Soap Company
• Gorgeous soaps
• Solar aroma
• Crabtree and Evelyn
• Legend Stream
• Horse O Peace
• Dr. Squatch
• Zum Bars
• Nubian heritage
• Windrift Hills
• Bates Family Farm
• Lover’s care
• Goat Milk Stuff
• Harvest Hill Skin Care
• Sun Hill Skin Care
• Small seed farm
• Kate Somerville
• High Goat
• Chivas Skincare
• Organic whey cosmetics
• Mt Capra (organic whey cosmetics)
• Billie goat soap
The North America region was the largest revenue earner in the goat milk cosmetics market. However, the Asia-Pacific region is expected to witness the highest growth rate during the forecast period.
Segmentation by geography
• North America
o United States
o South Korea
o United Kingdom
• Latin America
• Middle East and Africa
o Saudi Arabia
Read the full report: https://www.reportlinker.com/p05932562/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
CONTACT: Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001