With 25.53 Billion in 2028, Vegan Cosmetics Market Size is Growing at 6.7% Growth Rate, Market Research - Digital Journal

2022-06-10 23:59:00 By : Ms. Sunny Li

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Global Vegan Cosmetics Market is valued at USD 16.30 Billion in 2021 and is expected to reach USD 25.53 Billion by 2028 with a CAGR of 6.7% over the forecast period.

Increasing demand of harmful chemical-free vegan cosmetics, rising awareness against the use of animal derivatives during production of beauty products and growing social media movements endorsing naturally derived products are major factors anticipated to drive the growth of the Global Vegan Cosmetics Market.

Scope of Global Vegan Cosmetics Market Report-

Vegan cosmetics are cosmetics having ingredients of plant origin. Animal originals are not allowed in vegan cosmetics like honey, milk, beeswax or lanolin, because they are derived from animals. Natural cosmetics also contain components of like milk and honey therefore they are cannot used by vegan people.

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Some of the key players for global vegan cosmetics market are

Global Vegan Cosmetics Market Segmentation:-

News- Kylie Jenner Announced Kylie Cosmetics Relaunch with Clean, Vegan Formulas

On July 1st, 2021; Kylie Cosmetics had relaunched new clean, vegan formulas and updated packaging. The company launched a new direct-to-consumer website where fans could shop both Kylie Cosmetics and Kylie Skin. According to the brand, the updated formulas made without animal oils, parabens, gluten and more than 1,600 potentially harmful and irritating ingredients. The new collection featured lip kits, high glosses, matte liquid lipsticks, lip liners, lip blushes and gel eyeliners.

Celebrity Jenny McCarthy Launched Vegan Cosmetics Brand

On April 10th, 2021; Entertainer, model and candid enemy of vaxxer Jenny McCarthy had launched a vegan beauty care products brand-Formless Beauty. The product offering is environmental friendly, cruelty-free and made with components that are straightforward. The brand is additionally made in the United States. For its first fall, Formless Beauty has divulged three lip gloss tones, all various shades of pink. Each tone is named with a particular aim: Manifest, Dream and Love and prepared with components like shea spread and grapefruit seed.

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Key Benefits of Global Vegan Cosmetics Market Report-

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