The Vegan Cosmetics Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of Vegan Cosmetics market 2030?
Vegan Cosmetics Market size was valued at around USD 4.48 billion in 2024 and is projected to reach USD 8.12 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.42% during the forecast period, i.e., 2025-30.
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Who are the top companies operating in the Vegan Cosmetics market?
The report features prominent companies operating in the Vegan Cosmetics market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in Vegan Cosmetics market: MuLondon, Beauty Without Cruelty, Nature’s Gat, Billy Gealousy, L’Oréal Groupe, Mo MI Beauty, Emma Jean Cosmetic Inc., Inika, Gabriel Cosmetic Inc., Groupe Rocher, Pacifica Beauty, E.l.f. Cosmetic Inc., Coty Inc., Kose Corp., Natura International Inc., MAV Beauty Brands Inc., The Estee Lauder Co. Inc., Lush Retail Ltd., Debenhams Plc., Charlotte Tilbury Beauty Ltd., and others..
What is the key factor projected to fuel growth in the Vegan Cosmetics Market between 2025 and 2030?
Ethical Concerns & Consumer Demand for Clean Products – The vegan cosmetics industry is largely driven by ethical concerns related to the use of animals in the cosmetics industry. Consumers around the world are increasingly asking for such products, with a survey highlighting that over 40% of global cosmetic consumers actively seek out vegan options when buying beauty products. Another survey found that ethical concerns related to animals were among the top three considerations for cosmetics buyers in developed markets like Europe and North America. Similarly, the demand for vegan cosmetics is especially high amongst younger generations who are the biggest contributors to the rapid growth of the market.
Vegan Cosmetics Market - Segmentation Analysis
- By Sales Channel (E-Commerce, Offline Stores (Hypermarket/Supermarket, Departmental Stores, Specialty Stores, Others)),
- By Product (Skin Care, Hair Care, Makeup, Others (Lip Care, Nail Care, etc.)),
- By Packaging (Pumps & Dispensers, Compact Cases, Jars, Pencils & Sticks, Tubers, Others (Blisters & Strip Packs, Aerosol Cans, etc.)),
- By End User (Women, Men, Kids),
- By Region (North America, South America, Europe, Middle East & Africa, and Asia Pacific),
- By Country (United States, Canada, Mexico, Brazil, Argentina, Germany, The UK, France, Italy, Spain, Saudi Arabia, UAE, Israel, Egypt, Turkey, South Africa, China, Japan, India, South Korea, and Australia),
- By Company (MuLondon, Beauty Without Cruelty, Nature’s Gat, Billy Gealousy, L’Oréal Groupe, Mo MI Beauty, Emma Jean Cosmetic Inc., Inika, Gabriel Cosmetic Inc., Groupe Rocher, Pacifica Beauty, E.l.f. Cosmetic Inc., Coty Inc., Kose Corp., Natura Interantional Inc., MAV Beatury Brands Inc., The Estee Lauder Co. Inc., Lush Retail Ltd., Debenhams Plc., Charlotte Tilbury Beauty Ltd.), and others
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How does the Vegan Cosmetics Market vary across different geography?
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
While Asia-Pacific is the fastest-growing market due to rising incomes and increased awareness in an evolving regulatory framework, North America is the leading region with approximately a 32% market share in the global vegan cosmetics industry.
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2025-2030) of the following segmentation and geography.
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Comprehensive Table of Contents – Vegan Cosmetics Market Analysis and Forecast, 2030
- Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: Vegan Cosmetics Market Size, Share & Scope, 2020-2030F
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2020-2030F
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2020–2030 by Segmentation
- Table 12: Market Size & Forecast 2020–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of Vegan Cosmetics Companies
Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
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