Guide to Vegan Cosmetics Market: See How Stunning Growth Market is Going to Take in Future: Zuzu Luxe, Ecco Bella, Bare Blossom, Emma Jean Cosmetics, Modern Mineral Makeup, Urban Decay

Industry Outlook
The global vegan cosmetics market size is projected to reach USD XX billion by 2025, according to a new report by Worldwide Market Reports, Inc., progressing at a CAGR of XX% during the forecast period. Spiraling demand for vegan cosmetics among millennials is one of the primary growth stimulants of the market.
Consumers worldwide are becoming increasingly aware about effects of their purchasing preferences and patterns on society and the environment. Consumers are now more conscious about choosing products and they also take a note of raw materials and source origin.

Some of the key companies present in the market are Zuzu Luxe, Ecco Bella, Bare Blossom, Emma Jean Cosmetics, Modern Mineral Makeup, Urban Decay, Arbonne, Pacifica, Nature’s Gate, Beauty Without Cruelty, Billy Jealousy, and MuLondon Organic.

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The cosmetics industry is highly competitive in nature and requires top performing items that reach the uppermost levels of innovation and effectiveness. Growing environmental awareness has impelled several companies to avoid usage of animal derived raw materials by developing natural resources that are identical and overtake performances of conventional resources. Increasing research and development activities in the field is anticipated to help the market gain tremendous traction.

Rapidly changing cosmetic trends are affecting global marketplace as most of the consumers find cruelty towards animals unethical and are spreading awareness against this act. Moreover, embracing natural substitutes such as plant-based personal care products is working in favor of the market.

Use of animal products such as hair, fur, and others is banned in few countries of developed region such as Europe. This, in turn, is poised to boost the growth of the market. In addition, growing popularity of safer and naturally derived cosmetics is anticipated to augment the market. Increasing concerns regarding health & safety, consumer awareness about use of animal-tested products, and rising importance given to environmentally viable products are likely to stir up the demand for vegan cosmetics.

E-commerce retail spaces have gained tremendous momentum over the last few years owing to ease of product selection and easy order placing and delivery. With the advent of products in 2011, China recorded more than 65.0% hit in online vegan cosmetics sale, owing to shift in consumer shopping experience from hypermarkets and specialty stores to E-commerce platforms.

Major cosmetics manufacturing companies across the globe are realizing the importance of making products that use ingredients, which are mineral-based or plant-based, rather than manufacturing products that are infused with animal extracted ingredients. Vegan cosmetics are gaining popularity due to their superior properties.
Regional Insights

As per a survey conducted by The Physicians Committee across North America, more than 70% of the population claims to more likely use vegan cosmetics that are not animal tested and favors development of animal-tested alternatives.

The cosmetics market in the region is registering faster growth as compared to other regions. According to the CEO of L’Oréal, demand for cosmetics in North America is projected to be gradually rising, especially vegan products. Presently, rising demand for herbal cosmetics is supplementing the growth of the region. Therefore, large industry players in the region are launching new products for the population in the region.

Transdermal nature of cosmetics is the new concern for consumers across Asia Pacific., which is boosting the growth of animal-free cosmetics in the region. Color cosmetics are being increasingly used, followed by skin care, hair care, and face care products.

China and Japan are sights of high growth rates in Asia Pacific. Departmental stores and supermarkets are the most preferred retail platforms in the region. Spiraling demand for cruelty free products such as color cosmetics, skin, sun care, and hair care products is one of the primary factors propelling the regional market.

Vegan Cosmetics by Type: Skin Care, Hair Care, Makeup, Others.

Vegan Cosmetics by Application: E-commerce, Hypermarket/Supermarket, Departmental Stores, Specialty Stores, Others.

Further key findings from the report suggest:
• Choices in cosmetics available to vegan have rapidly expanded in past few years with new brands launching and existing brands choosing to launch new ranges of vegan products or even go completely vegan
• Skin care products dominated the market in terms of revenue, with a share of over XX% in 2017, owing to consumer preferences across diverse regions
• E-commerce is estimated to register a CAGR of XX% over the forecast period owing to ease of product selection and availability of wide range of products and promotional offers
• The U.S. vegan cosmetics market is expected to exceed USD XX billion by 2025, owing to presence of various manufacturers and suppliers of vegan cosmetics
• The market for vegan cosmetics is highly competitive due to presence of a number of international companies with diverse product portfolios

Table of Contents
Chapter One Vegan Cosmetics Industry Overview
Chapter Two Vegan Cosmetics Up and Down Stream Industry Analysis
Chapter Three Asia Vegan Cosmetics Market Analysis
Chapter Four 2013-2018 Asia Vegan Cosmetics Productions Supply Sales Demand Market Status and Forecast
Chapter Five Asia Vegan Cosmetics Key Manufacturers Analysis
Chapter Six Asia Vegan Cosmetics Industry Development Trend
Chapter Seven North American Vegan Cosmetics Market Analysis
Chapter Eight 2013-2018 North American Vegan Cosmetics Productions Supply Sales Demand Market Status and Forecast
Chapter Nine North American Vegan Cosmetics Key Manufacturers Analysis
Chapter Ten North American Vegan Cosmetics Industry Development Trend
Continue . . .

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