Global Vegan Cosmetics Market size was valued at USD 17.42 Billion in 2021 and is projected to reach USD 25.51 Billion by 2028, growing at a CAGR of 5.6% from 2022 to 2028.

Vegan cosmetics are free of products and derivatives of animal origin. Traditional animal components such as honey, beeswax, lanolin, collagen, elastin, etc. they are exchanged for those derived from plants or minerals. The vegan population has a great need and popularity for vegan cosmetics. Vegan skin care, hair care, makeup and cosmetics are available in different designs and available in the market.

Since the 1970s, animal testing has been a major ethical concern for the public when it comes to the use of animals in the cosmetics industry. Large-scale awareness campaigns have been conducted for years and have contributed to product reviews, the development of new methods and animal conservation. Consumers have more to worry about than the animals used for testing, as cosmetics and toiletries often include items made from animals, including sheep, insects, otters and even whales.

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The Major Players in The Global Vegan Cosmetics Market:

• Arbonne(U.S.)
• Bare Blossom (Canada)
• PHB Ethical Beauty Ltd (U.K.)
• Billy Jealousy (U.S.)
• Ecco Bella(US)
• Emma Jean Cosmetics (U.S.)
• Modern Minerals Makeup (US)
• MuLondon Organic (UK)
• Nature’s Gate (India)
• Pacifica (US)
• Nutriglow Cosmetics (India)
• GABRIELCOSMETICS (U.S.)
• Natur'Alley Ltd (Japan)
• GoNature Sp. z o.o. (Poland)
• Seraphine Botanicals (U.S)
• Plum (India)
• Disguise Cosmetics (India)
• COTY INC. (U.S.)
• G&M Cosmetics (Australia), and Other Major Players.

Market has segmented the Global Vegan Cosmetics Market on the basis of type, application, and region:

By Product :

• Skin Care
• Hair Care
• Makeup
• Other Products

By Distribution Channel :

• Hypermarkets/Supermarkets
• e-Commerce
• Specialty Stores
• Departmental Stores
• Other Distribution Channels

By Regional Outlook (Revenue, USD Billion, 2022 – 2028)

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)

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Covid-19 Impact and Recovery Analysis on Industry:

Most vegan cosmetics fall into the non-essential category due to new physical distancing rules and global lockdown measures. The COVID-19 outbreak is forcing the vegan cosmetics industry to re-evaluate its current business practices. This certainly calls for focused efforts in terms of innovation and technological advancement. The possibility of cutting edge beauty, especially in Southeast Asia, will quickly force vegan cosmetics companies and stores to achieve regional expansion, despite COVID-19 hurdles to supply chain management and impacting customer choice. Vegan cosmetics companies will make significant marketing efforts to maintain competitiveness as the industry slowly recovers from the effects of the COVID-19 outbreak. In this regard, the brand's performance and recovery after the pandemic will mainly depend on the level of product differentiation and digital acceleration. The market size of the sector will also be strongly influenced by these aspects.

Reasons to purchase the report:

• Visualize the composition of the Global Vegan Cosmetics Market products in terms of Product and application highlighting the critical commercial assets and players.
• Identify commercial opportunities in the Global Vegan Cosmetics Market by analyzing trends and co-development deals.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

Table of Content:

Chapter 1: Introduction 1.1 Research Objectives 1.2 Research Methodology 1.3 Research Process 1.4 Scope and Coverage  1.4.1 Market Definition  1.4.2 Key Questions Answered 1.5 Market SegmentationChapter 2:Executive SummaryChapter 3:Growth Opportunities By Segment 3.1 By Product 3.2 By Distribution Channel

To be continued…….

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