CHINA VEGAN SKINCARE MARKET 

INTRODUCTION

 Vegan beauty products contain no animal or animal-derived ingredients. This includes beeswax, honey, lanolin and dairy products, to name a few.

choosing a vegan skincare routine is not only a way to safeguard the animal world, but also to bring real benefits to ourselves! Vegan skincare offers a whole host of hidden benefits and important active ingredients that will nourish the skin and make you feel fresh as a rose.

The plant-based ingredients in many vegan formulas, in fact, contain more vitamins, minerals, antioxidants and natural oils that help repair and moisturise the skin. This will keep your skin soft and protected for longer. These ingredients include vitamins A, C and E, oils such as coconut, argan and rosehip, seaweed, soy extracts, seeds and flower extracts, Goji berries and so on.

CHINA VEGAN SKINCARE MARKET SIZE AND FORECAST

China vegan skincare market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

MARKET DYNAMICS

Before items may be sold in China, officials there compel skincare and cosmetics companies to submit their products to mandatory animal testing in government laboratories. These rules force vegan brands like Snow Fox to choose between giving up access to a market worth billions of dollars or authorising animal testing.

As more governments, including those in Europe, Australia, India, and Israel, restrict animal testing, pressure is mounting on China to make adjustments. It is no longer a common practise in the United States.

Additionally, domestic Chinese businesses must demonstrate the safety of their products by non-animal means if they want to sell abroad, particularly in nations where such testing is no longer permitted.

Additionally, businesses who manufacture common goods like lotion and soap domestically can now petition to have the regulations for animal testing waived in several regions.

One company taking advantage of this is L'Oreal, and certain of its products, such as shampoo and body wash, are no longer tested on animals in China.

COMPANY PROFILE

• L’Oreal
• Estee Lauder
• Shiseido
• Procter & Gamble
• The Ordinary
• Drunk Elephant

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many  vegan skincare are manufactured per annum in China ? Who are the sub-component suppliers in different regions?
2. Cost breakup of a China vegan skincare and key vendor selection criteria
3. Where is the China vegan skincare manufactured? What is the average margin per unit?
4. Market share of China vegan skincare market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture China vegan skincare in-house
6. key predictions for next 5 years in China vegan skincare market
7. Average B-2-B China vegan skincare market price in all segments
8. Latest trends in China vegan skincare market, by every market segment
9. The market size (both volume and value) of the China vegan skincare market in 2023-2030 and every year in between?
10. Production breakup of China vegan skincare market, by suppliers and their OEM relationship