As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Europe leads the global vegan cosmetics market driven by the strong presence of major key players in the cosmetics industry in the region, who are increasingly introducing vegan product lines into their product portfolio. In the coming years, North America is projected to experience a considerable growth in the market. The market in both the regions are being driven by the rising eco-consciousness among the consumers and the rising demand for vegan products.
Vegan beauty products make the use of natural ingredients such as aloe vera, essential oils, seaweed, and chamomile to enhance the body’s wellbeing and eliminate acne, dark circles, and other skin defects. Besides, vegan cosmetics have anti-ageing properties and are especially beneficial for delicate skin. Increasing environmental consciousness has led many businesses to discourage the use of raw materials harvested from animals by producing similar ingredients using other natural resources and improving standard resource efficiency. Besides, the introduction of natural alternatives, such as plant-based personal care products, works to the benefit of the consumer. In a few developed countries in Europe, the use of animal products such as hair, fur, and others is prohibited, which in turn aids the market growth. The growing demand for halal cosmetic products is growing among consumers across Malaysia, Indonesia, Jorden, and the United Arab Emirates as more products are being produced in the halal cosmetics market space, and ingredients are increasingly being halal certified. This has provided a significant boost to the vegan cosmetics industry. The growing distribution channels of the products, especially with the growth of the e-commerce market, is expected to positively influence the market with the products being easily available on online shopping sites like Amazon (NASDAQ: AMZN).
Market Analysis by Product, Sales Channel, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The key players in the global vegan cosmetics market include Ecco Bella, Bare Blossom, Emma Jean Cosmetics, INC., Urban Decay Cosmetics, Arbonne International, LLC, and others. The report presents a detailed analysis of the above key players in the global vegan cosmetics market, analysing their potential, market shares, and the latest developments such as capacity expansion, plant turnarounds, and mergers and acquisitions.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.