Global Vegan Cosmetics Market Report and Forecast 2024-2032

Global Vegan Cosmetics Market Report and Forecast 2024-2032



Global Vegan Cosmetics Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global vegan cosmetics market grew significantly in 2023. Aided by the rising consumer awareness regarding animal welfare, the burgeoning popularity of sustainable and cruelty-free products, and the surging demand for natural and organic beauty products, the market is projected to grow at a CAGR of 6.5% between 2024 and 2032.

Vegan cosmetics comprise beauty products that strictly avoid animal-derived ingredients and are not tested on animals at any phase of the product development. These cosmetics, commonly formulated with plant-based ingredients, are gaining immense popularity as they offer a gamut of benefits ranging from reduced risk of skin allergies and irritations to a lower environmental footprint, given their eco-friendly nature.

The meteoric rise of the vegan lifestyle, transcending just dietary choices and reaching personal care regimes, has been pivotal in steering the global vegan cosmetics market demand. Growing concerns about the harmful impacts of chemicals and synthetics on both skin health and the environment have been triggering a paradigm shift among consumers, steering them towards cleaner, more natural, and ethically produced cosmetics.

The proliferation of information regarding the inhumane treatment of animals during product testing has been a driving factor behind the massive consumer movement towards cruelty-free and vegan beauty alternatives and contribute to the vegan cosmetics market growth. As information about the ecological footprint of products becomes readily accessible, consumers are making more informed choices. Moreover, influencers and beauty experts endorsing and promoting vegan cosmetics have accentuated this transition, especially among millennials and Gen Z consumers.

The multifaceted applications of vegan cosmetics span across skincare, haircare, makeup, and fragrances, among others. The skincare segment dominates the vegan cosmetics market, with products like moisturisers, cleansers, serums, and sunscreens seeing robust growth and further increasing value of the vegan cosmetics market size.

Furthermore, the Asian market, especially countries like South Korea and Japan, recognised for their beauty innovations, have also observed a rising demand for vegan cosmetic products. This is attributed to increased awareness and the influence of Western beauty trends, combined with local factors such as a rich history of botanical and herbal treatments, according to the vegan cosmetics market analysis.

Market Segmentation

The market can be divided based on product, sales channel, and region.

Market Breakup by Product
  • Skin care
  • Hair care
  • Makeup
  • Others
Market Breakup by Sales Channel
  • E-commerce
  • Hypermarkets/Supermarkets
  • Departmental Store
  • Speciality Stores
  • Others.
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global vegan cosmetics market. Some of the major players explored in the report by Expert Market Research are as follows:
  • New Earth Beauty LLC (Ecco Bella)
  • The Vegan Box
  • Emma Jean Cosmetics, INC.
  • Arbonne International, LLC
  • Urban Decay
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual 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)
10.5Others
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 VeganCosmetics 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

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