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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Eco-friendly - Vegan cosmetics do not contain any animal products, including beeswax, and instead substitute their active ingredients with natural plant and vegetable-based substances.In order to minimise environmental damage, vegan cosmetics are also packaged with recyclable materials.
You can pick from companies like Elate Beauty, Dirty Hippie, INIKA, Hanami, Lily Lolo, and fantastic Australian companies like Ere Perez. Everything at Flora & Fauna is vegan-friendly, including our makeup.
Products made from vegan ingredients are safe for skin and hair. By utilising them, the chance of developing skin illnesses such rashes, asthma, eczema, acne, skin inflammation, and other skin conditions is reduced. Vegan cosmetics are completely cruelty-free because they are never tested on animals.
Simply said, cruelty-free beauty refers to a product that isn't tested on animals, whereas vegan beauty refers to the lack of animal substances. To put it another way, a vegan product could have been tested on an animal, and a cruelty-free product could still have animal ingredients.
It simply implies that no animal byproducts or components originating from animals, such as carmine, lanolin, or beeswax, are present in the product. It's crucial to remember that cruelty-free does not necessarily equate to vegan. Instead, it means that the items were never subjected to animal testing.
These include, among other things, beeswax, uric acid from cows, and insect extracts. On the other hand, animal testing, animal components, and ingredients originating from animals are not present in vegan beauty and cosmetic products.
The Europe Vegan Cosmetics 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.
The main development in the vegan cosmetic industry is the invention of products. To improve their market share, major companies in the vegan beauty industry are concentrating on creating fresh and cutting-edge vegan goods.
For instance, in an effort to appeal to millennial and Generation Z consumers interested in beauty, South Korean-based consumer goods giant LG Household & Health Care introduced Freshian, a colour cosmetic line that is vegan-certified.
Two distinct kinds of cushion compacts, a range of lip balms, and a sunscreen are included in this brand's launch. The ingredients were chosen to calm the skin, including five different types of hyaluronic acid and madecassoside.
To lower the brand's environmental impact, cushion puffs are made with corn starch, and the packaging is made with sugarcane-derived raw materials.
The vegan cosmetics market consists of businesses that sell vegan cosmetics that are intended to enhance appearance without endangering skin through the use of chemical components.
Vegan cosmetics are cosmetics that are produced without the use of components obtained from animals. Cosmetic items typically contain animal ingredients such lanolin, collagen, honey, beeswax, and elastin. These products are swapped out in vegan cosmetics for by-products made from plants.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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