Fragrance-free skincare products do not have added fragrance. However, they can contain ingredients that have a scent of their own. For example, if a cream is made with an oil that has a smell, it could still be labelled as fragrance-free because the purpose of the oil is to act as an emollient, not as a scent. Fragrance-free skin care products are defined as natural ingredients used for cosmetics that are composed of any raw materials derived from plants or animals. Natural ingredients for cosmetics can be categorized as vegetable or animal derived oils, fats and waxes, essential oils and oleoresins, vegetable saps and extracts, raw plant materials, and coloring matter of vegetable or animal origin. Alcohol, parabens, and fragrance used in many fragranced skin care products lead to various skin problems such as allergies, and rashes. There is an emerging trend for fragrance-free skin care products in order to avoid such chemicals.
Increased demand, high disposable income, growth in distribution channels, and new product innovation have contributed significantly to the growth of the fragrance-free skin care products market. Increase in the population of working women has led to the growth of varieties of skincare products. According to statisticsworld.com, the population of women worldwide is 3.905 billion, representing 49.58% of the world’s population. On an average, women use 12 personal care products daily. Growing consumer awareness about fragrance-free cosmetics and the desire of cosmetics companies to replace synthetic ingredients with natural variants are contributing to the growth of these products globally. Companies are replacing synthetic chemicals with natural ingredients, partly because of consumer demand and partly because of a move toward sustainable raw materials. This trend is described in the CBI trends report on natural ingredients for cosmetics. These factors act as drivers & propels the demand for fragrance-free skin care products at the global level.
More than 3,000 chemicals and compounds are used in the production of fragrances used in products such as cosmetics, skin care products, personal care products, and household cleaning products. The Food & Drug Administration (FDA) does not require manufacturers to disclose all the ingredients in fragrances. Approximately 20% of the ingredients used have been found to be toxic or to cause allergic reactions. Most of the chemicals have never been safety tested. Thus, the emerging trend of fragrance-free products have huge opportunities worldwide for manufacturers to offer natural products to end-users. As the world is going organic in various ways, fragrance-free skin care products have huge opportunities to expand in the market.
One of the restraints of fragrance-free skin care products is the presence of fragranced skin care products. The lack of awareness and ignorance among consumers as regards health and chemical free skincare products leads to limitations for product growth and acts as a restraint for the fragrance-free skin care products market.
Europe accounts for dominant share in the fragrance-free skin care products market in terms of revenue contribution as compared to markets in other regions due to increased adoption of fragrance-free skin care products by various end-users such as beauty parlors, salons & spas, fashion & entertainment industry, and personal use in the region. Europe has the largest cosmetics market in the world, offering good opportunities for ingredient exporters in developing countries. Demand for natural ingredients used in cosmetics and toiletries is growing, a trend expected to continue during the forecast period. However, the fragrance-free skin care products markets in Asia Pacific and South America are also showing significant growth. Increasing disposable income in developing countries, such as India, China, Brazil, and countries in Southeast Asia, have been sustaining growth in these markets.
Companies are working on product innovation and development to expand their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level. Some of the major companies identified in the fragrance-free skin care products market are:
Fragrance-free Skin Care Products Market, by Type
Fragrance-free Skin Care Products Market, by Skin Type
Fragrance-free Skin Care Products Market, by Price
Fragrance-free Skin Care Products Market, by Distribution Channel
Fragrance-free Skin Care Products Market, by Region
The report on the fragrance-free skin care products market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.