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The global vegan cosmetics market will grow by USD 5.16 billion at a CAGR of around 6.5% during the forecast period of 2024-2032. The cosmetics sector is inherently extremely competitive and needs top-performing products that achieve the highest rates of innovation and efficiency.
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Growing environmental awareness has driven several businesses to prevent the use of raw materials extracted from animals by creating identical natural resources and exceeding standard resource performance. The increasing activities in the field of research and development are expected to assist the vegan cosmetics market gain tremendous traction during the forecast period.
Vegan cosmetic products involve the use of natural ingredients such as aloe vera, vital oils, seaweed, and chamomile to improve body health and decrease acne, dark circles, and other skin defects. In addition, vegan cosmetics have anti-aging characteristics and are of particular benefit to delicate skin. The vegan cosmetics market can be segmented based on its product type and sales channel.
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Based on its product type, the vegan cosmetics market is segmented into:
Based on its sales channel, the vegan cosmetics market has been segmented into e-commerce, hypermarkets/supermarkets, departmental store, speciality stores, and others.
The EMR report looks into the regional vegan cosmetics markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The rising consumer awareness regarding cruelty-free brands, along with the increased knowledge of the harmful effects of chemical and animal-based products, has resulted in the increased demand for vegan cosmetic products. In some developed countries such as Europe, the use of animal products like hair, fur, and others is prohibited, thus, aiding the industry for vegan cosmetics. Increasing focus on the health and safety of consumers and the growing demand for environmentally sustainable products are likely to aid the industry for vegan cosmetics in the forecast period.
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The report presents a detailed analysis of the following key players in the global vegan cosmetics market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Sales Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Vegan Cosmetics Market Analysis
8.1 Key Industry Highlights
8.2 Global Vegan Cosmetics Historical Market (2018-2023)
8.3 Global Vegan Cosmetics Market Forecast (2024-2032)
8.4 Global Vegan Cosmetics Market by Product
8.4.1 Skin Care
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Hair Care
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Make Up
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Vegan Cosmetics Market by Sales Channel
8.5.1 E-Commerce
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Hypermarkets/Supermarkets
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Departmental Stores
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Specialty Stores
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Vegan Cosmetics Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Vegan Cosmetics Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Vegan Cosmetics Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Vegan Cosmetics Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Vegan Cosmetics Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Vegan Cosmetics Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 New Earth Beauty LLC (Ecco Bella)
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 The Vegan Box
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Emma Jean Cosmetics, INC.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Arbonne International, LLC
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Urban Decay
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Vegan Cosmetics Market: Key Industry Highlights, 2018 and 2032
2. Global Vegan Cosmetics Historical Market: Breakup by Product (USD Million), 2018-2023
3. Global Vegan Cosmetics Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Global Vegan Cosmetics Historical Market: Breakup by Sales Channel (USD Million), 2018-2023
5. Global Vegan Cosmetics Market Forecast: Breakup by Sales Channel (USD Million), 2024-2032
6. Global Vegan Cosmetics Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Vegan Cosmetics Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Vegan Cosmetics Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Vegan Cosmetics Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Vegan Cosmetics Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Vegan Cosmetics Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Vegan Cosmetics Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Vegan Cosmetics Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Vegan Cosmetics Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Vegan Cosmetics Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Vegan Cosmetics Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Vegan Cosmetics Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Vegan Cosmetics Market Structure
The global vegan cosmetics market is expected to grow at a CAGR of about 6.5% in the forecast period of 2024-2032.
The major drivers of the market, such as rising disposable incomes, increasing population, and growing environmental awareness, are expected to aid the industry growth.
The increasing activities in the field of research and development is expected to define the market in the coming years.
North America, Latin America, Middle East and Africa, Europe, and Asia Pacific are the major regions in the market.
The leading product segments for the market are skin care, hair care, and makeup, among others.
The significant sales channels in the market are e-commerce, hypermarkets/supermarkets, departmental stores, and speciality stores, among others.
The major players in the market are New Earth Beauty LLC (Ecco Bella), The Vegan Box, Emma Jean Cosmetics, INC., Urban Decay, Arbonne International, LLC, Others.
The global vegan cosmetics market is being driven by the rising disposable incomes, increasing population, and growing environmental awareness. It is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 6.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By products, the market is segmented into skin care, hair care, and makeup, among others. On the basis of sales channel, the market is divided into e-commerce, hypermarkets/supermarkets, departmental store, speciality stores, and others. The major regional markets for the product are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific. The key players in the above industry include New Earth Beauty LLC (Ecco Bella), The Vegan Box, Emma Jean Cosmetics, INC., Urban Decay, Arbonne International, LLC, Others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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