Vegan Cosmetics Market Growth, Demand and Challenges of the Key Industry Players 2027

Author: Elena Anderson

Marketing Manager

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Global Vegan Cosmetics Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled " Vegan Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 20 22-2027

," the global vegan cosmetics market is expected to exhibit a CAGR of 6.2% during 2022-2027.

Vegan cosmetics are made from plant- and mineral-based ingredients like aloe vera, essential oils, seaweed, and chamomile. Asthey do not contain animal-based derivates and aid in reducing acne, improving skin health, and providing skin nourishment, vegan cosmetics are gaining traction across the globe.

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Global Vegan Cosmetics Market Trends:

The increasing adoption of veganism represents one of the primary factors positively influencing the sales of vegan cosmetics around the world. Apart from this, there is a growing prevalence of skin-related disorders on account of several factors like environmental conditions. This, in confluence with the considerably rising awareness among individuals about cruelty-free beauty products, isstrengthening the market growth. Furthermore, leading cosmetics manufacturers are focusing on lowering dependence on petroleum-based products by manufacturing vegan product variants.

Moreover, thesignificantly growing influence of social media and the rising number of celebrity endorsements for promoting the utilization of vegan cosmeticsare strengthening the market growth. Besides this, the market is also driven by increasing e-commerce platforms offering discounts, secured payment getaways, and doorstep delivery worldwide.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/vegan-cosmetics-market

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Key Market Segmentation

The research report includes the following segments:

Breakup by Product Type:

• Skin Care

• Hair Care

• Makeup

• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets

• Convenience Stores

• Specialty Stores

• Online Stores

• Others

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

Competitive Landscape with Key Players:

• Arbonne International LLC (Yves Rocher)

• Billy Jealousy LLC

• Coty Inc. (Cottage Holdco B.V.)

• Debenhams Retail Ltd. (Celine Jersey Topco Limited)

• Gabriel Cosmetics Inc

• Kosé Corporation

• L'Oréal S.A

• Lush Retail Ltd

• MuLondon Ltd

• Shiseido Company Limited

1. How has the global vegan cosmetics market performed so far and how will it perform in the coming years?

2. What has been the impact of COVID-19 on the global vegan cosmetics market?

3. What are the key regional markets?

4. What is the breakup of the market based on the product type?

5. What is the breakup of the market based on the distribution channel?

6. What are the various stages in the value chain of the industry?

7. What are the key driving factors and challenges in the industry?

8. What is the structure of the global vegan cosmetics market and who are the key players?

9. What is the degree of competition in the industry?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/vegan-cosmetics-market/toc

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