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Vegan Cosmetics Market
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  3. Table of Content - Vegan Cosmetics Market Analysis
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VEGAN COSMETICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Vegan Cosmetics Market, By Product Type (Skin Product, Hair Product, Lip Product, Eye Product, and Others), By Gender (Kids, Male, and Female), By Price Point (Premium and Economic), By Distribution Channel (Online and Offline (Supermarket, Hypermarket, Specialty Stores, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In: 30 Sep, 2025
  • Code: CMI5437
  • Pages: 120
  • Formats:   Excel and PDF
  • Industry: Consumer Goods
    • Historical Range: 2020 - 2024
    • Forecast Period: 2025 - 2032
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The vegan cosmetics market is estimated to be valued at USD 71.51 Bn in 2025, exhibiting a compound annual growth rate (CAGR) of 6.3% from 2025 to 2032. The increasing demand for natural and sustainable products has opened up opportunities for plant-based and vegan cosmetics. Vegan cosmetics refer to personal care products that do not contain any animal-derived ingredients or by-products. Traditionally, many personal care products have relied on ingredients from animals such as beeswax, collagen, lanolin, and carmine. However, consumers are now more conscious about avoiding cruelty to animals and preferring natural and eco-friendly alternatives. This has driven cosmetic brands to offer a wider range of vegan makeup, skincare, haircare, and other body care products.

 Market Dynamics

The global vegan cosmetics market is driven by factors such as rising ethical concerns about animal testing, increasing health awareness about ingredients used in cosmetics, growing preference for natural and organic personal care products, and stringent regulations regarding the use of ingredients derived from animals. However, the market faces restraints from the higher costs associated with vegan alternatives and the difficulty of finding effective substitutes for some key ingredients traditionally derived from animals. The market also sees opportunities from innovative product development by brands, expanding distribution channels like online retailing, and a growing base of health-conscious millennial and Generation Z consumers who actively support cruelty-free brands.

 Key Features of the Study

  • This report provides an in-depth analysis of the global vegan cosmetics market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global vegan cosmetics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Amway Corporation, Estee Lauder Companies Inc., Groupe Rocher, L’Occitane Group, L’Oreal S.A., LVMH Group, MuLondon, Pacifica Beauty, Unilever plc., Weleda, Coty Inc., Beauty with Cruelty, Elf Cosmetic Company, Urban Decay, Nature’s Gate, Billy, TJS India, Seraphine Botanicals, Hera Beauty Ltd., and Herrco Cosmetics
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global vegan cosmetics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vegan cosmetics market.

Market Segmentation

  • Product Type Insights (Revenue, USD Bn, 2020 - 2032)
    • Skin Product
    • Hair Product
    • Lip Product
    • Eye Product
    • Others
  •  Gender Insights (Revenue, USD Bn, 2020 - 2032)
    • Kids
    • Male
    • Female
  •  Price Point Insights (Revenue, USD Bn, 2020 - 2032)
    • Premium
    • Economic
  •  Distribution Channel Insights (Revenue, USD Bn, 2020 - 2032)
    • Online
    • Offline
      • Supermarket
      • Hypermarket
      • Specialty Stores
      • Others
  • Regional Insights (Revenue, USD Bn, 2020 - 2032)
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • Spain
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East & Africa
      • GCC Countries
      • Israel
      • Rest of Middle East & Africa
  • Key Players Insights
    • Amway Corporation
    • Estee Lauder Companies Inc.
    • Groupe Rocher
    • L’Occitane Group
    • L’Oreal S.A.
    • LVMH Group
    • MuLondon
    • Pacifica Beauty
    • Unilever plc.
    • Weleda
    • Coty Inc.
    • Beauty with Cruelty
    • Elf Cosmetic Company
    • Urban Decay
    • Nature’s Gate
    • Billy
    • TJS India
    • Seraphine Botanicals
    • Hera Beauty Ltd.
    • Herrco Cosmetics

Table of Contents

  1. Research Objectives and Assumptions

    • Research Objectives
    • Assumptions
    • Abbreviations

  2. Market Purview

    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Gender
      • Market Snippet, By Price Point
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)

  3. Market Dynamics, Regulations, and Trends Analysis

    • Market Dynamics
      • Drivers
      • Restraints
      • PEST Analysis
      • PORTER’s Five Forces Analysis
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions

  4. Global Vegan Cosmetics Market, By Product Type, 2020-2032, (US$ Bn)

    • Introduction
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends
    • Skin Product
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends
    • Hair Product
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends
    • Lip Product
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends
    • Eye Product
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends
    • Others
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends

  5. Global Vegan Cosmetics Market, By Gender, 2020-2032, (US$ Bn)

    • Introduction
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends
    • Kids
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends
    • Male
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends
    • Female
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends

  6. Global Vegan Cosmetics Market, By Price Point, 2020-2032, (US$ Bn)

    • Introduction
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends
    • Premium
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends
    • Economic
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends

  7. Global Vegan Cosmetics Market, By Distribution Channel, 2020-2032, (US$ Bn)

    • Introduction
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends
    • Online
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Segment Trends
    • Offline
      • Market Share Analysis, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, 2020 - 2032
      • Sub Segment Trends
        • Supermarket
        • Hypermarket
        • Specialty Stores
        • Others

  8. Global Vegan Cosmetics Market, By Region, 2020-2032, (US$ Bn)

    • Introduction
      • Market Share Analysis, By Region, 2025, 2028 and 2032 (%)
      • Y-o-Y Growth Analysis, For Region, 2020-2032
    • North America
      • Introduction
      • Market Size and Forecast, By Product Type, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Gender, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Price Point, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Country, 2020 – 2032, (US$ Bn)
        • U.S.
        • Canada
    • Latin America
      • Introduction
      • Market Size and Forecast, By Product Type, 2020 – 2032, (US$ Bn))
      • Market Size and Forecast, By Gender, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Price Point, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Country, 2020 – 2032, (US$ Bn)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Europe
      • Introduction
      • Market Size and Forecast, By Product Type, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Gender, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Price Point, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Country, 2020 – 2032, (US$ Bn)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, By Product Type, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Gender, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Price Point, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Country, 2020 – 2032, (US$ Bn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East & Africa
      • Introduction
      • Market Size and Forecast, By Product Type, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Gender, 2020 - 2032 (US$ Bn)
      • Market Size and Forecast, By Price Point, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2020 – 2032, (US$ Bn)
      • Market Size and Forecast, By Country, 2020 – 2032, (US$ Bn)
        • GCC Countries
        • Israel
        • Rest of Middle East & Africa

  9. Competitive Landscape

    • Market Share Analysis
    • Company Profiles
      • Amway Corporation
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Estee Lauder Companies Inc.
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Groupe Rocher
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • L’Occitane Group
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • L’Oreal S.A.
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • LVMH Group
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • MuLondon
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Pacifica Beauty
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Unilever plc.
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Weleda
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Coty Inc.
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Beauty with Cruelty
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Elf Cosmetic Company
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Urban Decay
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Nature’s Gate
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Billy 
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • TJS India
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Seraphine Botanicals
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Hera Beauty Ltd.
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Herrco Cosmetics
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates

  10. Analyst Recommendation

    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map

  11. Section

    • References
    • Research Methodology
    • About Us and Sales Contact
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