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 on the ascent, fueled by a consumer preference for ethical and sustainable beauty products. The demand for cruelty-free and plant-based skincare, makeup, and haircare items is on the rise as consumers become increasingly conscious of the impact of their choices on the environment and animal welfare. Beauty brands are responding by incorporating innovative ingredients and eliminating animal-derived components. Transparency in labeling and a commitment to cruelty-free practices are becoming defining features of this market. As the Vegan Cosmetics Market continues to gain momentum, it reflects a broader shift towards responsible consumerism, where individuals actively seek products that align with their values and contribute to a more sustainable and compassionate world.
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
- NaturaCo
- Shiseido Company Limited
- Zuzu Luxe
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