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Vegan Cosmetics Market Growth | Industry Analysis Report 2023-2028
Vegan Cosmetics Market
Vegan Cosmetics Industry Definition and Application:
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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Vegan Cosmetics Market Trends and Drivers:
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.
Vegan Cosmetics Market Segmentation:
The report has segmented the market on the basis on region, product type and distribution channel.
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:( United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico,Others)
Middle East and Africa
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/vegan-cosmetics-market
Competitive Landscape with Key Player:
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.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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