Market Share of Herbal Beauty Products Industry
The herbal beauty products market is fragmented, with numerous players competing for major positions in the market. Some prominent players in the market are Himalaya Global Holdings Ltd, Arbonne International LLC, Weleda AG, Dr. Hauschka, and Herbline. The key players are adopting various strategies such as expansion, mergers and acquisitions, partnerships, and making investments in R&D for new product development to meet the growing demand. For instance, Himalaya is constantly investing in extensive research and development (R&D) and utilizes standardized herbal extracts while developing product formulations. Himalaya also prioritizes establishing the scientific foundation of its portfolio. Moreover, the company has made significant strides in online retail distribution, leveraging e-commerce platforms to meet the evolving needs of consumers.
Herbal Beauty Products Market Leaders
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Weleda AG
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Dr. Hauschka
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Himalaya Global Holdings Ltd.
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Groupe Rocher
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Mav Beauty Brands Inc
*Disclaimer: Major Players sorted in no particular order
