Marketresearch.biz states that the Vegan Cosmetics Market size is expected to be worth around USD 28.6 Bn by 2032 from USD 15.9 Bn in 2022, growing at a CAGR of 6.2% during the forecast period from 2023 to 2032.
The Vegan Cosmetics Market is experiencing remarkable growth, driven by a surge in consumer demand for beauty products that are not only effective but also ethically and environmentally responsible. The market for vegan skincare, makeup, and haircare is expanding as consumers increasingly seek cruelty-free and plant-based alternatives. Beauty brands are responding to this shift by prioritizing transparency, innovation, and cruelty-free practices in their formulations. The Vegan Cosmetics Market is emblematic of a broader societal shift towards conscious consumer choices, with individuals actively choosing products that reflect their values and contribute to a more sustainable future. As this trend continues to gain traction, the market is expected to play a pivotal role in shaping the future of the beauty industry with a focus on ethics and environmental responsibility.
Key Segments in Vegan Cosmetics Market
By Product
- Skin Care
- Hair Care
- Color Cosmetics
- Other
By Price Point
- Premium
- Economic
By End-User
- Men
- Women
- Children
By Distribution Channel
- Hypermarkets & Supermarkets
- Specialty Stores
- E-commerce
- Other
Top Key Players in Vegan Cosmetics Market
- GABRIEL COSMETICS
- MO MI BEAUTY
- Urban Decay
- Pacifica Beauty
- Beauty Without Cruelty
- Unilever
- Cover FX
- LVMH
- PHB Ethical Beauty Ltd
- ColourPop Cosmetics
- Gemdo Cosmetics
- EcoTrail Personal Care
- Nutriglow Cosmetics
- Emami Limited
- MOSSA Certified Skincare
- Coty Inc.
- Debenhams
- KOSÉ Corporation
- Natura&Co
- Shiseido Company Limited
- Zuzu Luxe
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