Vegan Cosmetics Market Insights: Evaluating USD 17 BILLION IN 2022 and Forecast Market Trends 2030

The latest report by MarkNtel Advisors, titled “Vegan Cosmetics Market Report 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), other and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the Vegan Cosmetics Market research report.

What is the market outlook for Vegan Cosmetics?

The Global Vegan Cosmetics Market size was valued at USD 17 Billion in 2022 and is projected to grow at a CAGR of around 7.0% during the forecast period 2024-30.

For an in-depth analysis, you can request a sample copy of the report: https://www.marknteladvisors.com/query/request-sample/vegan-cosmetics-market-analysis.html

Major Companies Operating in the Vegan Cosmetics Industry:

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

Vegan Cosmetics Market Report Segmentation:

By Product

-Skin Care

-Hair Care

-Makeup

-Others (Lip Care, Nail Care, etc.)

  • Of them all, the vegan cosmetics market is anticipated to witness notable growth within the skincare segment during 2024-30.

By Sales Channel

-E-Commerce

-Offline Stores

–Hypermarket/Supermarket

–Departmental Stores

–Specialty Stores

–Others (convenience Stores, Discount Stores, etc.)

By Packaging

-Pumps & Dispensers

-Compact Cases

-Jars

-Pencils & Sticks

-Tubers

-Others (Blisters & Strip Packs, Aerosol Cans, etc.)

By End User

-Women

-Men

-Kids

Learn More About the Market Report –  https://www.marknteladvisors.com/research-library/vegan-cosmetics-market-analysis.html

Regional Insights:

  • North America: USA, Canada, Mexico
  • Europe: Germany, UK, France, Italy, Spain, and Others
  • Asia-Pacific: China, India, Japan, South Korea, Australia and Others
  • South America: Brazil, and Others
  • Middle East & Africa: GCC countries, South Africa and Others

Global Vegan Cosmetics Market Driver: Increasing Government Initiatives for Promoting Chemical-Free Cosmetics:

The regulatory frameworks for the cosmetics industry have been put in place owing to the rising cruelty towards animals, mounting concerns over skin allergies, and the possibility that some chemical contents within their products could cause long-term health risks. Governments across North America, Europe, & Asia-Pacific have introduced various policies to stop the use of animal-derived ingredients during the production of cosmetics & personal care products. For instance:

In June 2021, the Ministry of the United States Senate introduced a bill to modernize safety standards for personal care products, focusing on using natural ingredients in them.

Similarly, many other countries like India, Israel, Brazil, Taiwan, Turkey, South Korea, China, etc., have imposed bans on animal testing for cosmetics. Such initiatives, supported by cosmetic giants like Unilever, L’Oréal, LUSH, Avon, etc., are projected to propel the demand for vegan cosmetics in the respective regions and, in turn, drive the global market in the coming years.

Ask Analyst for Customization: https://www.marknteladvisors.com/query/request-customization/vegan-cosmetics-market-analysis.html

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Reach us:

Call: +1 628 895 8081, +91 120 4278433

Email: sales@marknteladvisors.com

Visit to know more:  www.marknteladvisors.com