Global Vegan Beauty Products Market 2019 Share, Trend, Segmentation and Forecast to 2025
This report covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies
Pune, India – December 19, 2019 /MarketersMedia/ —
The sales of the vegan beauty products are likely to show an ascension in the upcoming years. This can be attributed to the mounting awareness among the people regarding the benefits of vegan beauty products for their skin as well as the environment. Vegan beauty products are derived from the natural ingredients that are derived from the plants. They are free from any chemical ingredients and are termed as organic products. These organic products provide multiple health benefits for the skin. Some of the benefits include reduction of acne, skin-soothing, and age control properties. Whereas the animal based products are made by killing the animals and contain chemicals which can harm the skin in the long run. This awareness regarding the cruelty free cosmetics and benefits for the skin are expected to boost the share of the Global vegan beauty products market during the forecast period.
The vegan products are gaining more demand especially from the skin care sector. Skin care products are to be used for personal grooming and customer is always ready to pay higher for the skin friendly vegan cosmetic products. The customer preferences have also changed in the due course. The modern consumer is quite concerned about the information regarding the ingredients contained in the product and their original source. Also, there is a rise in the number of blogs on the internet related to the organic beauty products. These are responsible for generating more adoption of the vegan products. So the factors like internet penetration and awareness to use the environment friendly products are set to ascend Global vegan beauty products market worldwide. There is another factor which is expected to boost the market share of the vegan cosmetic products. This factor is the use of CBD(cannabidiol) infused organic cosmetic products. They help in eliminating anxiety and insomnia problems, and also fight cancer cells. Due to this, their popularity is rising extensively among the wellness enthusiasts. This factor is bound to develop a healthy market for the sales of the Global vegan beauty products worldwide.
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There are counterfeit products available in the market which posses a challenge for the key market players. Due to the lack of standardization to distinguish between original and duplicate products is the main cause behind this. Apart from that, the shelf life of vegan cosmetic products is less than their chemical based counterparts. This factor is likely to slow down the growth of the global vegan beauty products market in years to come.
Market Analysis by Players:
L’Oreal
P&G
Unilever
Estee Lauder
Grupo Boticario
Beiersdorf
Cosmax Inc
Johnson & Johnson
Coty
Natura
Groupe Rocher
Shiseido
KAO
Avon
Amore Pacific
Revlon
Market Segmentation
The Global vegan beauty products market is divided into various segments to help the audience get better insights. There are mainly two segments : product type and applications type. The first category includes hair care, skin care, make-up, fragrance, bath care, and others. The second category includes women, men, and kids.
Detailed Regional Analysis
The report studied the Global vegan beauty products market for different geographical areas. These include USA, Europe, Japan, China, India, Southeast Asia, South America, South Africa, and others. The North America is foreseen to have a bigger share in the market owing to the rising adoption of the vegan lifestyle by the younger generation. Asia Pacific is also anticipated to show a higher growth over the forecast period. This can be attributed to the growing concern of consumers regarding the side effects of the chemical based products.
Industry News
October 2019 : The famous actress Evans Lynch who played a part in the Harry Potter series has taken steps to promote vegan beauty products. She now runs a company named Kinder Beauty Box which sells cruelty free skin care cosmetics to the consumers. She even runs a vegan podcast. This way she has merged activism with entrepreneurship and has made an example to the world to move towards veganism.
Table of Content
1 Vegan Beauty Products Market Overview
2 Global Vegan Beauty Products Competitions by Players
3 Global Vegan Beauty Products Competitions by Types
4 Global Vegan Beauty Products Competitions by Applications
5 Global Vegan Beauty Products Production Market Analysis by Regions
6 Global Vegan Beauty Products Sales Market Analysis by Region
7 Imports and Exports Market Analysis
8 Global Vegan Beauty Products Players Profiles and Sales Data
9 Vegan Beauty Products Upstream and Downstream Analysis
10 Global Vegan Beauty Products Market Forecast (2019-2025)
11 Research Findings and Conclusion
……Continued
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