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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Vegan Cosmetics Market Outlook

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.

Global Vegan Cosmetics Market

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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.

Global Vegan Cosmetics Market Segmentation

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.

Global Vegan Cosmetics Market

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Based on its product type, the vegan cosmetics market is segmented into:

  • Skin care
  • Hair care
  • Makeup
  • Others

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.

Global Vegan Cosmetics Market Analysis

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.

Global Vegan Cosmetics Market

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Competitive Landscape

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:

  • New Earth Beauty LLC (Ecco Bella) 
  • The Vegan Box
  • Emma Jean Cosmetics, INC.
  • Urban Decay 
  • Arbonne International, LLC
  • Others

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.

Key Highlights of the Report

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:

  • Product
  • Sales Channel
  • Region
Breakup by Product
  • Skin Care
  • Hair Care
  • Make Up
  • Others
Breakup by Sales Channel
  • E-Commerce
  • Hypermarkets/Supermarkets
  • Departmental Stores
  • Specialty Stores
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • New Earth Beauty LLC (Ecco Bella) 
  • The Vegan Box
  • Emma Jean Cosmetics, INC.
  • Arbonne International, LLC
  • Urban Decay 
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

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.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124