The global vegan cosmetics market is experiencing an upsurge in demand over the forecast period. This is mainly due to the increasing demand for personal care products and the growing awareness of cruelty-free products globally.
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GMI Research
GMI Research
Vegan Cosmetics Market by Product (Skin
Care, Hair Care, Makeup, and Others), By
Distribution Channel
(Hypermarket/Supermarket, Specialty
Stores, Convenience Stores, Online, and
Others), By Region – Global Opportunities
& Forecast, 2020-2027
See the Future Insights
Vegan Cosmetics Market
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This global study conducted by GMI Research provides an overview of the existing
market trends, drivers, restrictions, and metrics and also offers a viewpoint for
different segments. The market report tracks the overall demand growth during the
forecast period. A regional study of the market is also carried out in North America,
Asia-Pacific, Europe, and the Rest of the World. The report indicates growth
parameters in the regional markets, along with leading players that are dominating the
industry.
For Additional Insights, Click to Access Complete Report:
https://www.gmiresearch.com/report/vegan-cosmetics-market/
Competitive Landscape:
The leading organizations covered in the Vegan Cosmetics Market are:
• Bare Blossom
• Zuzu Luxe
• Ecco Bella
• Mo Mi Beauty
• Emma Jean Cosmetics, INC.
• L’Oréal S.A. (Urban Decay)
• Pacifica
• MuLondon
• Billy Jealousy
• Groupe Rocher
Drivers of the Vegan Cosmetics Market:
The global vegan cosmetics market is experiencing an upsurge in demand over the
forecast period. This is mainly due to the increasing demand for personal care products
and the growing awareness of cruelty-free products globally. With the rising
environmental awareness, the customer’s purchasing preferences and patterns have
drastically shifted towards animal-free products. The growing emphasis on the
research and development activities regarding the vegan-products will open new doors
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for the market, thus surging the demand of the market. Furthermore, the emerging
trend of beauty blogs and several social media campaigns encouraging naturally
derived products will enhance global vegan cosmetics demand.
Celebrities highly back the vegan cosmetics industry from numerous parts of the world,
such as Ariana Grande and Jenna Dewan, who encourage the usage of vegan beauty
products. The growing support from celebrities, coupled with expansion in the
availability of the products on several e-commerce platforms and in retail stores, will
further boost the growth in the global vegan cosmetics market. Numerous government
initiatives have been introduced in various nations to promote the production of
chemical-free cosmetics. For example, in 2016, Dianne Feinstein launched the Personal
Care Products Safety Act in the U.S., emphasizing on the usage of natural ingredients in
personal care products. On the other edge of the spectrum, the presence of aluminum,
lead, blue or red lake colorants, chromium, and cadmium in vegan cosmetics products,
which damages the skin tissues, will hinder the growth of the market.
Key Benefits offered by the Vegan Cosmetics Market report:
• This study represents the analytical depiction of the Vegan Cosmetics Market
along with the ongoing trends and future estimations to determine the
imminent investment pockets.
• The report provides detailed information related to market drivers, restraints,
and growth opportunities, followed by the analysis of the Vegan Cosmetics
Market share.
Segmentation of the Vegan Cosmetics Market:
The Vegan Cosmetics Market has been categorized into the following segments:
Breakup by Product:
• Skin Care
• Hair Care
• Makeup
• Others
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Breakup by Distribution Channel:
• Hypermarket/Supermarket
• Specialty Stores
• Convenience Stores
• Online
• Others
Breakup by Region:
• North America
o United States of America
o Canada
• Asia Pacific
o China
o Japan
o India
o Rest of APAC
• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
• RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
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