Vegan Cosmetics Market Research Report
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Vegan Cosmetics
Market’s leading
Manufacturers:
·
Bare Blossom
·
Zuzu Luxe
·
Ecco Bella
·
Mo Mi Beauty
·
Emma Jean Cosmetics, INC
·
L’Oréal S.A. (Urban Decay)
·
Pacifica
·
MuLondon Organic
·
Billy Jealousy
·
Groupe Rocher
Vegan Cosmetics
Market Dynamics (including
market size, share, trends, growth, forecast, and industry analysis)
Key Drivers
The strong demand
for personal care products and the increasing awareness regarding cruelty-free
products worldwide are the key drivers surging the growth of the global vegan cosmetics market
size. With the rising environmental awareness, the customer's purchasing
preferences and patterns have drastically shifted towards animal-free products.
The growing focus on the R&D activities regarding the vegan-products will
open new doors for the growth of the market. Furthermore, the emerging trend of
beauty blogs and several social media campaigns encouraging naturally derived
products will further stimulate the growth of the global vegan cosmetics market
share in terms of revenue.
Celebrities mainly
support the vegan cosmetics sector from various parts of the world, including
Jenna Dewan and Ariana Grande, who encourages vegan beauty products. According
to the vegan cosmetics market research, the rising support from celebrities,
coupled with the rising availability of the products of several e-commerce
platforms and in retail stores, will further fuel the growth of the global
vegan cosmetics market. Numerous government initiatives have been introduced in
various countries to promote the production of chemical-free cosmetics. For
example, Dianne Feinstein launched the Personal Care Products Safety Act in the
US in 2016, emphasizing on the use of natural ingredients in personal care
products. On the other edge, the factors hindering market growth include the
strong presence of aluminum, red or blue lake colorant, chromium, lead, and
cadmium in vegan cosmetics products, damaging the skin tissues.
Vegan Cosmetics
Market Segmentation:
Segmentation by Product:
·
Skin Care
·
Hair Care
·
Makeup
·
Others
Segmentation by Distribution Channel:
·
Hypermarket/Supermarket
·
Specialty Stores
·
Convenience Stores
·
Online
·
Others
Segmentation 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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