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2018 Cruelty Free Cosmetics Market Global Industry Size, Share, Growth, Trends, Key Players, Demand, Product Analysis, Revenue Forecast 2023

09-14-2018 10:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Cruelty Free Cosmetics Market,  Cruelty Free Cosmetics Market size,  Cruelty Free Cosmetics Market share,  Cruelty Free Cosmetics

Cruelty Free Cosmetics Market, Cruelty Free Cosmetics Market size, Cruelty Free Cosmetics Market share, Cruelty Free Cosmetics

Cruelty Free Cosmetics market 2018 Industry Report offers decisive insights into the overall Cruelty Free Cosmetics industry along with the market dimensions and evaluation for the duration 2018 to 2022. The forenamed research study covers extensive analysis of various Cruelty Free Cosmetics industry segments based on the type of applications, type of product Components and services, and different geographical regions.

Cruelty-Free Cosmetics Market Definition:

Cruelty-free cosmetics are also known as vegan cosmetics. Cruelty-free cosmetics come under the category of personal care products that are manufactured without being tested on animals. The products undergo final testing in-vitro or on humans. Growing animal welfare acts all around the globe is one of the major factors for the popularity of this market.

Key Players
The key players profiled in the global Cruelty-Free Cosmetics market are L'Oréal S.A. (France), COVER FX Skin Care Inc. (Canada), INIKA Organic (Australia), Spectrum Collections (U.K.), Kat Von D Beauty (U.S.), Beauty B (U.S.), PHB Ethical Beauty (U.K.)

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Market Scenario:

Changing cosmetic trends is influencing the growth of cruelty-free cosmetics as mass consumers find the testing on animals unethical and have started spreading awareness against the act. In addition, adoption of natural alternatives like plant based personal care products by the consumers is considered to be one of the major drivers for this market. Increased awareness about the tests performed on animals and even use of animal products such as fur, hair and others is prohibited in some countries of developed region which has further increased the market for cruelty-free cosmetics on a global level. Mass market penetration is leading to introduction of new products and their retail across various regions. High focus on Research and Development has led to innovations and in the product line and use of natural harmless chemicals which has fueled up the market share of cruelty-free cosmetics in global market.

Key Findings:

Sale of perfumes & fragrances cruelty-free cosmetics is found to be growing at a higher rate during the forecast period
Top exporters of cruelty-free cosmetics include France, U.S., India, Germany and New Zealand
Study Objectives of Cruelty-Free Cosmetics Market

Detailed analysis of the market’s segments and sub-segments
To estimate and forecast market size by product-type, form, distribution channel & region
To analyze key driving forces influencing the market
Region level market analysis and market estimation of North America, Europe, Asia, and the rest of the world (ROW) and their countries
Value Chain Analysis & Supply Chain Analysis of cruelty-free cosmetics
Company profiling of major players in the market
Competitive strategy analysis and mapping key stakeholders in the market
Analysis of historical market trends and technologies along with current government regulatory requirements
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Regional Analysis

The global cruelty-free cosmetics market is segmented into North America, Europe, Asia Pacific, and Rest of the World (ROW). Europe has the major market share followed by Asia Pacific. Increased production of cruelty-free cosmetics in major European countries is projected to generate a high revenue from Europe region during the given forecast period. Changing consumer preferences for natural and vegan products will support the sale of cruelty-free cosmetics in various region during the forecast period. The major importers of cruelty-free cosmetics include U.S., China, U.K., Germany, and Singapore. Based on the higher demand for personal care products especially in female population, the import and export of cruelty-free cosmetics for manufacturing such products in the developed countries is found to rise at a steady rate.

Segmentation

Cruelty-Free Cosmetics has been segmented on the basis of product-type which comprises of skin care, hair care, perfumes & fragrances, makeup & color cosmetics, others. Makeup & color cosmetics hold a dominant share out of all the other types.

Cruelty-free cosmetics have been segmented on the basis of form namely cream, gel, liquid, powder, and others. Cream based products hold a lion’s share among the various forms followed by gels.

Cruelty-Free Cosmetics has been segmented on the basis of distribution channel which comprises of supermarket/hypermarket, specialty retailers, convenience stores, e-commerce, others. Sale through supermarket/hypermarket is growing at a higher growth rate backed up by a convenient shopping experience of the consumers.

Intended Audience

Cruelty-Free Cosmetics manufacturers
Natural cosmetics manufacturers
Personal care products manufacturers
Traders, importers and exporters

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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