Global Vegan Cosmetics Market Overview
Global Vegan Cosmetics Market size was valued at USD 17.42 Billion in 2021 and is projected to reach USD 25.51 Billion by 2028, growing at a CAGR of 5.6% from 2022 to 2028.
Vegan cosmetics are free of any animal products and their byproducts. Traditional animal-derived components like honey, beeswax, lanolin, collagen, elastin, etc. are swapped out with ones made from plants or minerals. Vegan populations have a huge need for and popularity with vegan cosmetics. Vegan skincare, hair care, makeup, and color cosmetics come in a wide variety of designs and are readily available on the market.
Since the 1970s, animal testing has been a major ethical concern for the public when it comes to the use of animals in the cosmetics business. Large-scale public awareness campaigns have been ongoing for many years and have contributed to the revision of products, the development of new methods, and the preservation of animal life. Consumers should be worried about more than just the animals used for testing, as supplies of cosmetics and toiletries often contain items made from animals, including sheep, insects, beavers, and even whales. Globally, however, there was a 175% growth in vegan cosmetic launches between 2014 and 2019. According to estimates, more than 80% of the new vegan products introduced in the UK in 2020 fell into the beauty area. According to a study by Cosmetify in 2019, 9% of British women now exclusively purchase vegan cosmetics, up 47% over the previous year. Furthermore, 39% of these consumers aren't vegans at all. As a result, a growing number of consumers that place a strong emphasis on sustainability are supporting the concept of veganism as it quickly becomes mainstream within the cosmetics industry. In this regard, the market will rise over the forecast period as cruelty-free cosmetics are encouraged to be developed by cosmetics companies worldwide.
Market Dynamics And Factors For Vegan Cosmetics Market
Drivers:
Veganism Will Eventually Proliferate in the Cosmetic Industry
For being a minority idea, veganism is quickly gaining popularity in the cosmetics sector. Cosmetic companies are being forced to reconsider the manufacturing processes utilized for their products due to the enormous number of consumers who are concerned with sustainability. In addition, a production revamp is probably in store as long as manufacturers want to increase sustainability. Modern customers are more informed than ever before thanks to expanding informational access and rising internet usage. In addition to this, escalating environmental issues and the depletion of natural resources are leading to a significant change in their behavior. As a result, research shows that the popularity of veganism is growing and is unlikely to stop. The impact of this trend is being felt in the cosmetics sector as consumers who care about the environment look for more cruelty-free products and make sustainable decisions. Globally, especially in North America and Europe, consumer concern over animal testing is growing. A growing number of U.S. states have been proposing a ban on the import and distribution of such cosmetics over the years, even though animal-tested cosmetics are prohibited in Europe. In this regard, Illinois, Nevada, and California were three of the American states that enacted a ban on the importation and sale of cosmetics that were subjected to animal testing in 2020. Additionally, several animal rights organizations, such as the Humane Society and Cruelty-Free International, work to convince more American states to enact such restrictions. The demand for products free of animal experimentation will increase throughout the projection period, which is good news for vegan cosmetic companies.
Restraints:
Hidden Dangers Behind Popular Vegan Beauty Products Hampered Market
Vegan beauty is frequently included in the larger natural beauty business, which had a 2017 market value of £124 million. Between February 2017 and January 2018, sales of natural beauty products, including brands that are organic and naturally derived, increased by 16%, outpacing the growth of the overall beauty market (up 7%). However, natural beauty and vegan beauty are not interchangeable terms. In certain cases, it's very different. A simple approach to easily greenwash a product is to slap a vegan-friendly label on it. Yes, many businesses that claim to be "cruelty-free" may not use animal products or conduct animal testing, but they frequently nevertheless include highly toxic substances that are harmful to your health. This is particularly true of color cosmetics, which frequently contain hazardous heavy metals like lead, chromium, cadmium, blue or red lake colorants, Aluminium, and chromium that bio-accumulate in the body. Nanoparticles, which are particularly dangerous because no one is sure how much harm they can do to the environment and human tissues, may also be present in vegan food.
Opportunity:
Cruelty-Free Cosmetics Products
Concern over products that support social, environmental, or ethical concerns has grown during the past few years. Consumers are becoming more concerned with the environmental effects of their purchases and the conditions in which the goods were created and manufactured. More than ever, consumers are aware of the methods of manufacturing, the environmental impact of products, and other details, such as how product testing affects the welfare of animals. Due to the latter, new product alternatives that combine necessary product characteristics with ecological and ethical aspects are being created and promoted. The market for cruelty-free cosmetics is anticipated to expand at enticing rates, creating numerous chances for businesses involved in the cosmetic industry.
Segmentation Analysis Of Vegan Cosmetics Market
By Product, the skin care segment held a dominant share of the market over the forecast period. Numerous studies also imply that vegan skincare products are well-liked in markets around the world. For instance, Australian Creams, a Sydney-based organic and cruelty-free cosmetic brand, outperformed nine Chinese cosmetic brands to take the top spot as the most trusted Australian brand in China in 2018, according to a survey conducted by Digital Crew Pty. Ltd., an Australian online marketing service provider, and Monash University, a Melbourne-based public research university. Over the anticipated timeframe, domestic brands will likely be introduced to Asian nations thanks to the growing habit of Chinese students, visitors, and residents in Australia giving inexpensive cosmetics as gifts to friends and family.
By Distribution Channel, Hypermarkets/Supermarkets remain a prominent distribution channel for vegan cosmetics worldwide. Although the COVID-19 pandemic produced significant disruptions in the offline distribution market, current advances and product distribution trends indicate that offline distribution will resume its prioritization during the post-COVID-19 pandemic. It is the most popular location for customers to purchase cosmetics and provides access to a variety of vegan cosmetic goods that are unavailable elsewhere. The rise of the vegan cosmetics business is being fueled by the accessibility of vegan cosmetics in hypermarkets.
Now that we know there is a growing demand in the vegan beauty industry globally, what do consumers want?
The top product categories that customers are most likely to buy that are labeled as being cruelty-free are face lotion/skincare and shampoo/conditioner, which are tied for first place. Making products in these categories will thus have the highest acceptance rate from consumers wishing to veganize their beauty routines if product line development is on your brand's horizon.
Regional Analysis Of Vegan Cosmetics Market
Due to growing consumer knowledge of the negative effects of some substances, such as paraben and Aluminium compounds found in skincare, hair care, and deodorants, the demand for natural and organic goods has increased throughout the European region. Many European consumers favor one brand above others due to its natural and ethical formulation. In the last several years, sales of vegan beauty products have significantly expanded in the United Kingdom. Because of this, there has recently been an increase in demand for secure, all-natural, and vegan cosmetics. The purchases are made based on therapeutic features, longer-lasting protection, and efficacy. The market has shown a clear desire for vegan ingredients. As a result, the majority of businesses have begun to introduce products with natural ingredients, such as premium botanical ingredients inspired by plants and those that have several functions. As an illustration, in 2019 Avon United Kingdom introduced a collection of vegan skincare and cosmetics called Distillery.
The Asia Pacific is anticipated to witness the most significant growth over the forecast period. Asian emerging markets will probably stimulate the entry of new competitors shortly. Additionally, current industry developments point to the profitable business potential for established and upcoming brands in Asian nations. For instance, Taiwan outlawed animal experimentation on cosmetics as of October 21, 2019. Taiwan joined the fast-growing global movement against cosmetics cruelty thanks to this new regulation as well. The elimination of cosmetics testing on animals has a huge impact on the market for items that are vegan-certified.
It is expected that North America will experience significant growth shortly. The market for vegan cosmetics in North America, which is dominated by the United States, is being propelled by the growing acceptance of all-natural cosmetics. On a broad scale, the rising number of working women and the exploding number of beauty salons in North American nations push cosmetic companies to accomplish the regional expansion. Numerous domestic firms, such as Ama Sea Beauty, Clarisma, and Elevate CBD Cosmetics, are headquartered in the United States.
Covid-19 Impact Analysis On Vegan Cosmetics Market
The COVID-19 disaster has upset the worldwide beauty sector, which includes skin care, color cosmetics, hair care, perfumes, and personal care. There have been numerous store closings and dismal first-quarter sales. However, as consumers seek to change their consumption habits beyond food, the pandemic and ongoing climate catastrophe have increased the demand for vegan topical and ingestible cosmetics. The majority of vegan cosmetics fell under the category of non-essential goods due to the new physical distance regulations and global lockdown measures. The COVID-19 epidemic is forcing the vegan cosmetics sector to re-evaluate its present business practices. This will undoubtedly call for focused efforts in the areas of innovation and technology advancement. The possibility of premium beauty, particularly in Southeast Asia, will drive vegan cosmetic businesses and stores to accomplish regional expansion shortly, despite the difficulties COVID-19 poses for supply chain management and adversely affecting customer preferences. Vegan cosmetic companies are going to undertake strong marketing efforts to maintain their competitiveness as the industry progressively recovers from the effects of the COVID-19 epidemic. A brand's post-pandemic performance and recovery will, in this regard, mostly depend on the degree of product distinctiveness and digital acceleration. The market size of the sector will be significantly influenced by these aspects as well.
Top Key Players Covered In Vegan Cosmetics Market
- Arbonne(U.S.)
- Bare Blossom (Canada)
- PHB Ethical Beauty Ltd (U.K.)
- Billy Jealousy (U.S.)
- Ecco Bella(US)
- Emma Jean Cosmetics (U.S.)
- Modern Minerals Makeup (US)
- MuLondon Organic (UK)
- Nature’s Gate (India)
- Pacifica (US)
- Nutriglow Cosmetics (India)
- GABRIELCOSMETICS (U.S.)
- Natur'Alley Ltd (Japan)
- GoNature Sp. z o.o. (Poland)
- Seraphine Botanicals (U.S)
- Plum (India)
- Disguise Cosmetics (India)
- COTY INC. (U.S.)
- G&M Cosmetics (Australia), and Other Major Players.
Key Industry Development In The Vegan Cosmetics Market
In November 2021, A South Korean consumer goods company, LG Household & Health Care Ltd, added seven new items to their vegan makeup product lineup for the Belif x VDL brand. The business promotes its brand's products as having vegan certification from the Korea Agency of Vegan Certification and Services.
In January 2021, On Christmas, Elf announced this launch in India, and on January 8th, 2021, it happened. The company sells a variety of items, from skincare to different kinds of makeup. Their entire line, including their beauty brushes, is vegan. Animal fur, mostly from minks, is used to manufacture the majority of beauty brushes on the market.
Global Vegan Cosmetics Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 17.42 Bn. |
Forecast Period 2022-28 CAGR: |
5.6% |
Market Size in 2028: |
USD 25.51 Bn. |
Segments Covered: |
By Product |
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By Distribution Channel |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product
3.2 By Distribution Channel
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Vegan Cosmetics Market by Product
5.1 Vegan Cosmetics Market Overview Snapshot and Growth Engine
5.2 Vegan Cosmetics Market Overview
5.3 Skin Care
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Skin Care: Grographic Segmentation
5.4 Hair Care
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Hair Care: Grographic Segmentation
5.5 Makeup
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Makeup: Grographic Segmentation
5.6 Other Products
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Other Products: Grographic Segmentation
Chapter 6: Vegan Cosmetics Market by Distribution Channel
6.1 Vegan Cosmetics Market Overview Snapshot and Growth Engine
6.2 Vegan Cosmetics Market Overview
6.3 Hypermarkets/Supermarkets
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Hypermarkets/Supermarkets: Grographic Segmentation
6.4 e-Commerce
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 e-Commerce: Grographic Segmentation
6.5 Specialty Stores
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Specialty Stores: Grographic Segmentation
6.6 Departmental Stores
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Departmental Stores: Grographic Segmentation
6.7 Other Distribution Channels
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size (2016-2028F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Other Distribution Channels: Grographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Vegan Cosmetics Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Ansoff Matrix
7.1.5 Vegan Cosmetics Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Vegan Cosmetics Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 ARBONNE
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 BARE BLOSSOM
7.4 PHB ETHICAL BEAUTY LTD
7.5 BILLY JEALOUSY
7.6 ECCO BELLA
7.7 EMMA JEAN COSMETICS
7.8 MODERN MINERALS MAKEUP
7.9 MULONDON ORGANIC
7.10 NATURE’S GATE
7.11 PACIFICA
7.12 NUTRIGLOW COSMETICS
7.13 GABRIELCOSMETICS
7.14 NATUR'ALLEY LTD
7.15 GONATURE SP. Z O.O.
7.16 SERAPHINE BOTANICALS
7.17 PLUM
7.18 DISGUISE COSMETICS
7.19 COTY INC.
7.20 G&M COSMETICS
7.21 OTHER MAJOR PLAYERS
Chapter 8: Global Vegan Cosmetics Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Product
8.2.1 Skin Care
8.2.2 Hair Care
8.2.3 Makeup
8.2.4 Other Products
8.3 Historic and Forecasted Market Size By Distribution Channel
8.3.1 Hypermarkets/Supermarkets
8.3.2 e-Commerce
8.3.3 Specialty Stores
8.3.4 Departmental Stores
8.3.5 Other Distribution Channels
Chapter 9: North America Vegan Cosmetics Market Analysis, Insights and Forecast, 2016-2028
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Product
9.4.1 Skin Care
9.4.2 Hair Care
9.4.3 Makeup
9.4.4 Other Products
9.5 Historic and Forecasted Market Size By Distribution Channel
9.5.1 Hypermarkets/Supermarkets
9.5.2 e-Commerce
9.5.3 Specialty Stores
9.5.4 Departmental Stores
9.5.5 Other Distribution Channels
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Vegan Cosmetics Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Product
10.4.1 Skin Care
10.4.2 Hair Care
10.4.3 Makeup
10.4.4 Other Products
10.5 Historic and Forecasted Market Size By Distribution Channel
10.5.1 Hypermarkets/Supermarkets
10.5.2 e-Commerce
10.5.3 Specialty Stores
10.5.4 Departmental Stores
10.5.5 Other Distribution Channels
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Vegan Cosmetics Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Product
11.4.1 Skin Care
11.4.2 Hair Care
11.4.3 Makeup
11.4.4 Other Products
11.5 Historic and Forecasted Market Size By Distribution Channel
11.5.1 Hypermarkets/Supermarkets
11.5.2 e-Commerce
11.5.3 Specialty Stores
11.5.4 Departmental Stores
11.5.5 Other Distribution Channels
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Vegan Cosmetics Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Product
12.4.1 Skin Care
12.4.2 Hair Care
12.4.3 Makeup
12.4.4 Other Products
12.5 Historic and Forecasted Market Size By Distribution Channel
12.5.1 Hypermarkets/Supermarkets
12.5.2 e-Commerce
12.5.3 Specialty Stores
12.5.4 Departmental Stores
12.5.5 Other Distribution Channels
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Vegan Cosmetics Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Product
13.4.1 Skin Care
13.4.2 Hair Care
13.4.3 Makeup
13.4.4 Other Products
13.5 Historic and Forecasted Market Size By Distribution Channel
13.5.1 Hypermarkets/Supermarkets
13.5.2 e-Commerce
13.5.3 Specialty Stores
13.5.4 Departmental Stores
13.5.5 Other Distribution Channels
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Global Vegan Cosmetics Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 17.42 Bn. |
Forecast Period 2022-28 CAGR: |
5.6% |
Market Size in 2028: |
USD 25.51 Bn. |
Segments Covered: |
By Product |
|
|
By Distribution Channel |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. VEGAN COSMETICS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. VEGAN COSMETICS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. VEGAN COSMETICS MARKET COMPETITIVE RIVALRY
TABLE 005. VEGAN COSMETICS MARKET THREAT OF NEW ENTRANTS
TABLE 006. VEGAN COSMETICS MARKET THREAT OF SUBSTITUTES
TABLE 007. VEGAN COSMETICS MARKET BY PRODUCT
TABLE 008. SKIN CARE MARKET OVERVIEW (2016-2028)
TABLE 009. HAIR CARE MARKET OVERVIEW (2016-2028)
TABLE 010. MAKEUP MARKET OVERVIEW (2016-2028)
TABLE 011. OTHER PRODUCTS MARKET OVERVIEW (2016-2028)
TABLE 012. VEGAN COSMETICS MARKET BY DISTRIBUTION CHANNEL
TABLE 013. HYPERMARKETS/SUPERMARKETS MARKET OVERVIEW (2016-2028)
TABLE 014. E-COMMERCE MARKET OVERVIEW (2016-2028)
TABLE 015. SPECIALTY STORES MARKET OVERVIEW (2016-2028)
TABLE 016. DEPARTMENTAL STORES MARKET OVERVIEW (2016-2028)
TABLE 017. OTHER DISTRIBUTION CHANNELS MARKET OVERVIEW (2016-2028)
TABLE 018. NORTH AMERICA VEGAN COSMETICS MARKET, BY PRODUCT (2016-2028)
TABLE 019. NORTH AMERICA VEGAN COSMETICS MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 020. N VEGAN COSMETICS MARKET, BY COUNTRY (2016-2028)
TABLE 021. EUROPE VEGAN COSMETICS MARKET, BY PRODUCT (2016-2028)
TABLE 022. EUROPE VEGAN COSMETICS MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 023. VEGAN COSMETICS MARKET, BY COUNTRY (2016-2028)
TABLE 024. ASIA PACIFIC VEGAN COSMETICS MARKET, BY PRODUCT (2016-2028)
TABLE 025. ASIA PACIFIC VEGAN COSMETICS MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 026. VEGAN COSMETICS MARKET, BY COUNTRY (2016-2028)
TABLE 027. MIDDLE EAST & AFRICA VEGAN COSMETICS MARKET, BY PRODUCT (2016-2028)
TABLE 028. MIDDLE EAST & AFRICA VEGAN COSMETICS MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 029. VEGAN COSMETICS MARKET, BY COUNTRY (2016-2028)
TABLE 030. SOUTH AMERICA VEGAN COSMETICS MARKET, BY PRODUCT (2016-2028)
TABLE 031. SOUTH AMERICA VEGAN COSMETICS MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 032. VEGAN COSMETICS MARKET, BY COUNTRY (2016-2028)
TABLE 033. ARBONNE: SNAPSHOT
TABLE 034. ARBONNE: BUSINESS PERFORMANCE
TABLE 035. ARBONNE: PRODUCT PORTFOLIO
TABLE 036. ARBONNE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. BARE BLOSSOM: SNAPSHOT
TABLE 037. BARE BLOSSOM: BUSINESS PERFORMANCE
TABLE 038. BARE BLOSSOM: PRODUCT PORTFOLIO
TABLE 039. BARE BLOSSOM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. PHB ETHICAL BEAUTY LTD: SNAPSHOT
TABLE 040. PHB ETHICAL BEAUTY LTD: BUSINESS PERFORMANCE
TABLE 041. PHB ETHICAL BEAUTY LTD: PRODUCT PORTFOLIO
TABLE 042. PHB ETHICAL BEAUTY LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. BILLY JEALOUSY: SNAPSHOT
TABLE 043. BILLY JEALOUSY: BUSINESS PERFORMANCE
TABLE 044. BILLY JEALOUSY: PRODUCT PORTFOLIO
TABLE 045. BILLY JEALOUSY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. ECCO BELLA: SNAPSHOT
TABLE 046. ECCO BELLA: BUSINESS PERFORMANCE
TABLE 047. ECCO BELLA: PRODUCT PORTFOLIO
TABLE 048. ECCO BELLA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. EMMA JEAN COSMETICS: SNAPSHOT
TABLE 049. EMMA JEAN COSMETICS: BUSINESS PERFORMANCE
TABLE 050. EMMA JEAN COSMETICS: PRODUCT PORTFOLIO
TABLE 051. EMMA JEAN COSMETICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. MODERN MINERALS MAKEUP: SNAPSHOT
TABLE 052. MODERN MINERALS MAKEUP: BUSINESS PERFORMANCE
TABLE 053. MODERN MINERALS MAKEUP: PRODUCT PORTFOLIO
TABLE 054. MODERN MINERALS MAKEUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. MULONDON ORGANIC: SNAPSHOT
TABLE 055. MULONDON ORGANIC: BUSINESS PERFORMANCE
TABLE 056. MULONDON ORGANIC: PRODUCT PORTFOLIO
TABLE 057. MULONDON ORGANIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. NATURE’S GATE: SNAPSHOT
TABLE 058. NATURE’S GATE: BUSINESS PERFORMANCE
TABLE 059. NATURE’S GATE: PRODUCT PORTFOLIO
TABLE 060. NATURE’S GATE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. PACIFICA: SNAPSHOT
TABLE 061. PACIFICA: BUSINESS PERFORMANCE
TABLE 062. PACIFICA: PRODUCT PORTFOLIO
TABLE 063. PACIFICA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. NUTRIGLOW COSMETICS: SNAPSHOT
TABLE 064. NUTRIGLOW COSMETICS: BUSINESS PERFORMANCE
TABLE 065. NUTRIGLOW COSMETICS: PRODUCT PORTFOLIO
TABLE 066. NUTRIGLOW COSMETICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. GABRIELCOSMETICS: SNAPSHOT
TABLE 067. GABRIELCOSMETICS: BUSINESS PERFORMANCE
TABLE 068. GABRIELCOSMETICS: PRODUCT PORTFOLIO
TABLE 069. GABRIELCOSMETICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. NATUR'ALLEY LTD: SNAPSHOT
TABLE 070. NATUR'ALLEY LTD: BUSINESS PERFORMANCE
TABLE 071. NATUR'ALLEY LTD: PRODUCT PORTFOLIO
TABLE 072. NATUR'ALLEY LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. GONATURE SP. Z O.O.: SNAPSHOT
TABLE 073. GONATURE SP. Z O.O.: BUSINESS PERFORMANCE
TABLE 074. GONATURE SP. Z O.O.: PRODUCT PORTFOLIO
TABLE 075. GONATURE SP. Z O.O.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. SERAPHINE BOTANICALS: SNAPSHOT
TABLE 076. SERAPHINE BOTANICALS: BUSINESS PERFORMANCE
TABLE 077. SERAPHINE BOTANICALS: PRODUCT PORTFOLIO
TABLE 078. SERAPHINE BOTANICALS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. PLUM: SNAPSHOT
TABLE 079. PLUM: BUSINESS PERFORMANCE
TABLE 080. PLUM: PRODUCT PORTFOLIO
TABLE 081. PLUM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 081. DISGUISE COSMETICS: SNAPSHOT
TABLE 082. DISGUISE COSMETICS: BUSINESS PERFORMANCE
TABLE 083. DISGUISE COSMETICS: PRODUCT PORTFOLIO
TABLE 084. DISGUISE COSMETICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 084. COTY INC.: SNAPSHOT
TABLE 085. COTY INC.: BUSINESS PERFORMANCE
TABLE 086. COTY INC.: PRODUCT PORTFOLIO
TABLE 087. COTY INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 087. G&M COSMETICS: SNAPSHOT
TABLE 088. G&M COSMETICS: BUSINESS PERFORMANCE
TABLE 089. G&M COSMETICS: PRODUCT PORTFOLIO
TABLE 090. G&M COSMETICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 090. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 091. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 092. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 093. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. VEGAN COSMETICS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. VEGAN COSMETICS MARKET OVERVIEW BY PRODUCT
FIGURE 012. SKIN CARE MARKET OVERVIEW (2016-2028)
FIGURE 013. HAIR CARE MARKET OVERVIEW (2016-2028)
FIGURE 014. MAKEUP MARKET OVERVIEW (2016-2028)
FIGURE 015. OTHER PRODUCTS MARKET OVERVIEW (2016-2028)
FIGURE 016. VEGAN COSMETICS MARKET OVERVIEW BY DISTRIBUTION CHANNEL
FIGURE 017. HYPERMARKETS/SUPERMARKETS MARKET OVERVIEW (2016-2028)
FIGURE 018. E-COMMERCE MARKET OVERVIEW (2016-2028)
FIGURE 019. SPECIALTY STORES MARKET OVERVIEW (2016-2028)
FIGURE 020. DEPARTMENTAL STORES MARKET OVERVIEW (2016-2028)
FIGURE 021. OTHER DISTRIBUTION CHANNELS MARKET OVERVIEW (2016-2028)
FIGURE 022. NORTH AMERICA VEGAN COSMETICS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. EUROPE VEGAN COSMETICS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. ASIA PACIFIC VEGAN COSMETICS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. MIDDLE EAST & AFRICA VEGAN COSMETICS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. SOUTH AMERICA VEGAN COSMETICS MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Vegan Cosmetics Market research report is 2022-2028.
Arbonne (U.S.), Bare Blossom (Canada), PHB Ethical Beauty Ltd (U.K.), Billy Jealousy (U.S.), Ecco Bella (US), Emma Jean Cosmetics (U.S.), Modern Minerals Makeup (US), MuLondon Organic (UK), Nature’s Gate (India), Pacifica (US), Nutriglow Cosmetics (India), GABRIELCOSMETICS (U.S.), Natur'Alley Ltd (Japan), GoNature Sp. z o.o. (Poland), Seraphine Botanicals (U.S), Plum (India), Disguise Cosmetics (India), COTY INC. (U.S.), G&M Cosmetics (Australia), and Other Major Players.
The Vegan Cosmetics Market is segmented into Product, Distribution Channel, and region. By Product, the market is categorized into Skin Care, Hair Care, Makeup, Other Products. By Distribution Channel, the market is categorized into Hypermarkets/Supermarkets, e-Commerce, Specialty Stores, Departmental Stores, Other Distribution Channels. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Vegan cosmetics are free of any animal products and their byproducts. Traditional animal-derived components like honey, beeswax, lanolin, collagen, elastin, etc. are swapped out with ones made from plants or minerals. Vegan populations have a huge need for and popularity with vegan cosmetics.
Global Vegan Cosmetics Market size was valued at USD 17.42 Billion in 2021 and is projected to reach USD 25.51 Billion by 2028, growing at a CAGR of 5.6% from 2022 to 2028.