An
Economical Overview on Herbal Cosmetics
Sanjay
Saklani1, Deepak Prashar*2, Dharmesh Sharma3
1Department of Economics, Govt. College Dharampur, Mandi (H.P.), India
2Department of Pharmaceutical Sciences, Manav Bharti University, Solan (H.P.), India
3 Department of Pharmacology, Himachal Dental College,
Sunder Nagar (H.P.), India
Email: prashardeepak99@yahoo.in
*Corresponding Author E-mail: prashardeepak99@yahoo.in
ABSTRACT:
Homemade remedies and traditional herbal products used
as cosmetics have never lost its value. In one form or the other they keep on
appearing and appealing. There are many valuable advantages of these products
which enable them to find their place in today’s rapid growing market.
Economical prospective of these herbal cosmetic has an eye catching tendencies.
KEYWORDS: Cosmetic, herbal, rational therapy, economic, world
market
INTRODUCTION:
As the world is heading towards rationalization the
different opportunities are provided by the companies1. With the
changing trends and introduction of new products in the market, the consumer
finds the option of selection. This selection is based on some parameters which
usually include money, quality, brands, status etc. However, when this
selection is for cosmetics then the parameters like therapeutic value, natural,
lesser side effect over powers the economic value2. The cautious
approach of consumer towards cosmeceutical is based
on the fact that every human being wants to look beautiful and centre of
attraction. There are many therapies and
products available in the market which fulfills this non ending demand3-4.
Herbal cosmetic has emerged as the most popular trend, which not only provides
therapeutic and natural benefits but is also economically beneficial. Many
researchers have studied various natural products and enhanced their cosmeceutical and pharmaceutical efficacy5-21.
In this review article, economical, pharmaceutical and
world market aspects of herbal cosmetics are discussed. Moreover, various
companies associated with herbal cosmetic manufacturing and trading is high
lightened.
Economical aspects of herbal
cosmetic22-23:
Now these days, people become more health conscious
then before, so, they prefer best.Today, herbal cosmetics are growing popular not
only in developed countries like United States, Canada, United Kingdom,
Australia, Germany and France etc but also in other developing countries like
the Philippines, china and India etc. Herbal cosmetic products containing natural components have showed increasing
trend in the market. In the last decades or so, the demand for herbal cosmetics
has increased over the time period. With globalization, there have been changes in
many fields such as improvisation in products, innovation, competition, brand
image etc. On the other hand, herbal cosmetics attract the consumers due to
their natural properties and lesser side effects. According to market experts,
the herbal cosmetics industry is heading towards a new phase of its expansion.
At present global market for herbal cosmetics is $ 1500 billion and is
estimated to grow at the rate of 25% per annum. In European countries the
natural skin care products have the maximum market share of all product
categories. The German and the French herbal cosmetics markets are the
most upcoming markets among the European countries. The major problem in
analysing world trade particularly herbal cosmetics is the limited statistical
data available on production and trade. However a projected growth rate of
herbal cosmetic is predicted from Figure 1, showing increasing trend till 2024.
People of India and China have
knowledge about the medicinal uses of plants and herbs over 5000 years. China
is the largest exporters of herbal cosmetics in the world whereas India stands
second in the global market share. Both the countries have a rich bio diversity
which helps in evolution of various species of plants and herbs. Emergence of
new and advanced technologies empowers these countries as the leading exporters
of herbal cosmetics. The herbs are
basically generated from wild sources and require a rationalised approach to
utilise it for sustainable development of herbal cosmetic industries.
The Indian cosmetics industry
is undergoing rapid evolution and transition following liberalization. It
has matured to a great extent during the last few decades. Although
economic recession in the world market proves to be a major setback for big
players (MNCs and limited sector companies) but, it did not affect the overall
growth in the cosmetic industry. It was estimated to be in the range of 15-20%.
Indian ayurvedic products market is estimated to be
Rs. 2500 crore per annum out which Rs. 450 crore is the market of natural herbal cosmetics. The
Indian personal care market is estimated to be worth US$ 4 Billion (approx. Rs.
20,000 crore) this includes bath and shower products,
hair care, skin care, cosmetics, fragrances and deodorants. Soaps market has
grown at a rate of 5% per annum over the last 5 years and stands at market size
of US$ 1.5 billion (approx Rs. 7500 crores). These
are consumer products and their quality, price, marketing and distribution
strategies determine the success of this industrial sector. In India AYUSH a
separate department was established in March 1995 to promote
indigenous systems of medicine and homeopathy. This provided a
platform and boosted the herbal cosmetic industries too. The overall Indian
personal care market has the potential to grow at 15-16% per annum and thereby
double to US$ 8 billion (approx 40,000 crore) by 2012.
Pharmaceutical and therapeutic
aspects of cosmetics:
Cosmetics are such preparations which are being
utilized by every age group. The market of cosmetics has existed all over the
world and proves economically beneficial. Today the market is flooded with
various cosmeceutical preparations including baby
preparations, bath preparations, cleansing preparations etc. Table 1 enlisted
the various categories and formulation forms of cosmeceutical
available in the market.
The public’s interpretation of what constitutes a drug
or a cosmetic may differ somewhat from that of regulatory agencies. The
ingredients used in cosmetics to a large extent are the same as those employed
in drugs. According to US law, cosmetics may not contain ingredients that treat
or prevent disease or alter the structure or function of the human body. The
objective of cosmetics is limited to the enhancement of appearance. Medicinal
botanicals used in cosmeceutical are considered food
additives or dietary supplements by the United States Food and Drug
Administration (FDA) which declared them as safe. The herbs are allowed to be
marketed to consumers directly without obtaining drug status or restricted by
FDA’s over-the-counter monograph requirements. Thus, no standards of herbal
potency, concentration in the marketed product, safety, nor efficacy studies
exist. Some selected herbal extracts with their cosmetic potential are listed
in Table 2.
Figure 1 Estimated Growth Trend
in Herbal Cosmetics
Table 1 List of Cosmeceutical formulation
|
Prepration
Categories |
Formulation
forms |
|
Baby preparations |
Creams, lotions, oil,
powders, shampoos |
|
Skin care preparations |
Body and hand preparations
(moisturizers), eye creams, face and neck preparations, fresheners and
astringents, suntan gels |
|
Shaving preparations |
Aftershaves, beard
softeners, shaving creams (aerosol, brushless lather), preshaves |
|
Makeup preparations |
Blushers, eyebrow pencils,
eyeliners, eye makeup preparations, eye makeup removers, eye shadows, face
powders, facial makeups, fixatives, foundation makeups, leg and body paints, lip glosses, lipsticks,
mascaras, rouges |
|
Hair products |
Depilatories, dressings,
dyes and colors, grooming aids, lighteners, miscellaneous rinses, permanent waveproducts, shampoos, sprays, straighteners,
tints, tonics, wave sets |
|
Fragrance products |
Colognes and toilet waters,
deodorants, fragrances, perfumes |
|
Dentifrices |
Aerosols, breath fresheners,
liquids, mouthwashes, pastes, powders |
|
Bath preparations |
Bubble baths, capsules,
oils, salts, soaps and detergents, tablets |
|
Cleansing preparations |
Creams, douches, liquids and
pads, lotions, personal cleansing products |
|
Miscellaneous products |
Paste masks, powders (men’s,
women’s, talcums) |
Table 2 Selected herbal
extracts with their cosmetic potential
|
Product |
Botanical Source |
Cosmetic Potential |
|
Amla extract |
Embelica officinalis |
Hair tonic |
|
Amla oil |
Embelica officinalis |
Hair care |
|
Aloe gel |
Aloe vera |
Skin bleaching |
|
Bhringraj Aq. extract |
Eclepta
alba |
Hair dye |
|
Bhringraj oil |
Eclepta
alba |
Hair tonic |
|
Bilberry dry
extract |
Vaccinium myritillus |
Antioxidant |
|
Butcher’s broom
dry extract |
Ruscus aculeatus |
Cream to enhance
appearance |
|
Brahmi Aq. Extract and Brahmi
oil |
Centella asiatica |
Hair care |
|
Chamomile dry
extract |
Matricaria Chamomilla |
Soothing effect
on irritated skin |
|
Echinaceae dry extract |
Echinacea spp. |
Anti ageing |
|
Ginkgo extract |
Ginkgo biloba |
Microcirculation |
|
Hawthron |
Crataegus
spp. |
Anti ageing |
|
Henna/Mehandi Aq. extract |
Lawsonia inermis |
Hair dye and
Conditioner |
|
Haldi Aq. extract |
Termeric |
Skin care |
|
Roselle Aq. ext. |
Hibiscus sabdariffa |
Skin and Hair
care |
|
Ivy soft extract |
Rhus toxicodendron |
|
|
Khus Aq. extract |
Vetiveria zizanioides |
Skin and Hair
care |
|
Brahmi Leaf extract |
Centella asiatica |
Stimulation of
collagen synthesis |
|
Lemon peel Aq.
extract |
Citrus limon |
Skin and Hair
care |
|
Methi Aq. extract |
Fenugreek |
Skin and Hair
care |
|
Melilot dry extract |
Melilotus officinalis |
Microcapillary protection |
|
Marigold dry
extract |
Calendula officinalis |
Emollient |
|
Neem Aq. extract |
Azadirachta indica |
Skin and Hair
care |
|
Neem oil |
Azadirachta indica |
Skin and Hair
care |
|
Peruvian bark
fluid extract |
Cinchona succirubra |
Stimulation of
scalp hair |
|
Pumpkin seed lipophilic extract |
Cucurbita pepo |
Stimulation of
sebaceous gland |
|
Rose petal Aq.
extract |
Rosa spp. |
Skin and Hair care |
|
Shikakai Aq. extract |
Acacia coneinna |
Hair care |
|
Soybean saponin |
Glycine
max |
Soothing effect |
|
Sandalwood oil |
Santalum
album |
Skin care |
|
Tulsi Aq. extract |
Ocimum
spp. |
Skin care |
Table 3 List of selected
Herbal Cosmetic manufacturing/Tradingcompanies24
|
S. No. |
Countries |
Manufacturer/ Traders |
|
1. |
China |
|
|
Guangzhou Yuexiu
District Geli Hairdressing Body Beauty Equipments
Firm |
||
|
|
||
|
2. |
India |
|
|
3. |
Egypt |
|
|
4. |
Australia |
|
|
5. |
Brazil |
|
|
6. |
Japan |
COSMETEC JAPAN LTD |
|
Reliance, Inc. |
||
|
GLOCAL CORP. |
||
|
PAPRIKA BEAUTY LABO CO LTD |
||
|
Prima corp |
||
|
REAL COSMETICS CO LTD |
||
|
EST CO LTD |
||
|
MNC LABORATORY INC |
||
|
TOYO HAKKO CO LTD |
||
|
Nihon Tsushin System, Inc |
||
|
LEAD CORP |
||
|
Adama Dead Sea Cosmetics |
||
|
PAPRIKA BEAUTY LABO CO LTD |
||
|
7. |
Canada |
|
|
Pure Energy Sales Inc. |
||
|
Dupharm Canada Inc |
||
|
Argola Cosmetic |
||
|
All Natural Cosmetics 4u |
||
|
Pure Anada Natural
Cosmetics |
||
|
S&N Cosmetics |
||
|
Herbaland Naturals Inc. |
||
|
Copacetic Cosmetics |
||
|
Nutritionally Yours (TM ), Vitamin Co, Inc. |
||
|
8. |
Malaysia |
MBH COSMECEUTICAL SDN. BHD. |
|
CYLIN COSMETIC SDN. BHD. |
||
|
USAHA NIKMAT MARKETING & SALES |
||
|
joey lee |
||
|
Miracles Millions |
||
|
TATSEN GLOBAL ENTERPRISE |
||
|
Indochine Natural Sdn. Bhd. |
||
|
Sindh Healthcare Sdn Bhd |
||
|
US Foreign Cosmetics |
||
|
Ace Cosmetics Sdn. Bhd. |
||
|
Maxconnection Cosmetic Sdn Bhd |
||
|
9. |
Philippines |
GEMENI MERCHANDISING |
|
Ethical Cosmetics |
||
|
JODOME COSMETICS, PHILS. |
||
|
Gmacs cosmetic |
||
|
Japridan Cosmetics |
||
|
BeautyZone Skincare And Beauty Products |
||
|
ANDY ALBAO ENTERPRISE (COCOWONDER) |
||
|
byNATURE Cosmetics |
||
|
10. |
Indonesia |
willy frank |
|
P.T. GLORIA ORIGITA COSMETICS |
||
|
cosmetic store lola |
||
|
CV. Gading Pratama |
||
|
Putri Cosmetic |
||
|
C.V. JAYA BERSAMA |
||
|
COEX |
||
|
BaliQUI INDONESIA |
||
|
SEKAWAN CV |
||
|
Rachel Cosmetics |
||
|
CV.Varia Niaga Cosmetic |
||
|
Tulipe Cosmetics |
||
|
Estheria Cosmetic |
||
|
11. |
Hong Kong |
LUKEE HIGH-TECH CO LTD |
|
PLANTS COSMETICS CO LTD |
||
|
GUANGZHOU BAOJIE COSMETIC ACCESSORIES CO LTD |
||
|
GREAT MIRACLE LTD |
||
|
SPRING COSMETICS CO LTD |
||
|
YALAM INTERNATIONAL (HK) COSMETICS LTD |
||
|
GREAT MIRACLE LTD |
||
|
C.F operations |
||
|
RAINBOW PACKAGING CO LTD |
||
|
FRANCE WOKALI COSMETICS INTERNATIONAL CO., LIMITED |
||
|
PO FAT TRADING CO |
||
|
SPRING COSMETICS CO LTD |
||
|
12. |
United States |
JB MARKETING INTERNATIONAL |
|
GZFashionYi Cosmetics Co,Ltd |
||
|
Home And Spa Collection |
||
|
ann macfully cosmetics makeups beauty shop |
||
|
Melissa macfully cosmetics makeups beauty shop |
||
|
cosmetics makeups beauty machanism |
||
|
Azura macly cosmetics makeups beauty shop |
||
|
DRJ OrganiCare |
||
|
13. |
Vietnam |
LANA |
|
Viet Huong Cosmetic Co.,
Ltd |
||
|
Bao An Co., Ltd |
||
|
14. |
Singapore |
OMNINO LLP |
|
J.S. HEISEI COMMODITIES CO., |
||
|
Symco Marketing & Supplies |
||
|
Poss Cosmetics |
||
|
Revolution Cosmetics USA Pte
Ltd |
||
|
Simply Beautyz Pte Ltd |
||
|
15. |
South Korea |
NATURAL F&P CO LTD |
|
GLONM CO LTD |
||
|
COSCOI PLUS INC., |
||
|
DONG NAM COSMETIC CO., LTD. |
||
|
OTTIE INTERNATIONAL CO LTD |
||
|
COSPIA INTERNATIONAL |
||
|
NATUZEN CO LTD |
||
|
ZEPHYR CO LTD |
||
|
SANG HWANG MI-IN CO LTD |
||
|
OTTIE INTERNATIONAL CO LTD |
||
|
16. |
Taiwan |
BERTIE ENTERPRISE CORP |
|
Fermic Industrial Co., Ltd. |
||
|
SHEN DEA INDUSTRIAL CO., LTD. |
||
|
Black Forest International Trade Ltd. |
||
|
Mei Kwang Cosmetics Science
& Technology Factory |
||
|
17. |
Thailand |
COSMAPROF CO.,LTD. |
|
Perera Network (Thailand) Co.,Ltd. |
||
|
Loyola Co.,Ltd. |
||
|
Revolic (Thailand) Co.,Ltd. |
||
|
18. |
United Kingdom |
GS Glory Trading Limited |
|
Adele Cosmetics |
||
|
19. |
Turkey |
ANTEX |
|
PE-RE-JA ILERI KIMYA SANAYI AS |
||
|
Cosmetics Factory Turkey |
||
|
C&M Cosmetics Co. Ltd. |
Worldwide market of herbal
cosmetic23:
The markets of all trades are expanding day by day. In
time of recession along with some vital sectors the cosmeceutical
sector also shows growth. The major reason for this could be the intention of
consumers not to compromise with their appearance. Table 3 enlisted the
worldwide market and the companies associated with trading and manufacturing of
herbal cosmeceutical.
Figure 2 represent the market share of herbal cosmetic
products of different countries. China attains the top ranking with almost 92%
of total world market. This is followed by India, South Korea, Hong Kong and
USA. Some other countries are also there but they require some more time to
emerge on international arena.
Figure 2 represent the market
share of herbal cosmetic products of different countries
CONCLUSION:
Herbal cosmetic industry is fast growing among the
pharmaceuticals. The reason for its appreciable growth could be increased
demand and lesser side effects in comparison to synthetic products. Herbal
cosmetics have more demand not only in developed countries but in developing countries as well. India can generate more
foreign currency by increasing its trade in herbal cosmetics. From the results
of this review it could be concluded that the future of herbal cosmetic
industry is bright. Further, this could be one of the sectors which seem
helpful to reduce the problem of unemployment.
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Received on 07.01.2012 Accepted on 20.02.2012
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Res. J. Topical and Cosmetic Sci. 3(1): Jan. –June 2012
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