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 a notable uptick in response to a changing consumer landscape that favors ethical and sustainable beauty choices. With a growing preference for cruelty-free and plant-based alternatives in skincare, makeup, and haircare, consumers are reshaping the beauty industry. Beauty brands are adapting by incorporating innovative formulations, transparent labeling, and cruelty-free practices, signaling a commitment to values-driven beauty. The Vegan Cosmetics Market represents more than just a niche; it signifies a significant shift towards ethical consumerism, actively influencing the trajectory of the beauty industry towards greater sustainability and compassion.
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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