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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
There is no animal testing done on vegan cosmetics. Because they don't contain any components originating from animals like beeswax, collagen, gelatin, honey, carmine, cholesterol, milk, lanolin, or shellac, they are not only healthier but also much more compassionate than other alternatives.
With no ingredients derived from animals, such as honey, silk, beeswax, or leather, Plum is a 100% vegan and cruelty-free product, according to Peta. Plum is undoubtedly the most popular brand because it offers items for all skin types.
The India 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.
Elf Cosmetics, a well-known vegan and cruelty-free cosmetics company, has launched its line in India. The online cosmetics marketplace Nykaa will serve as the brand's retail outlet. The company sells a variety of items, from skincare to different kinds of makeup.
Their entire line, including their beauty brushes, is vegan. Animal fur, mostly from minks, is used to manufacture the majority of beauty brushes on the market.
The recent coronavirus outbreak in mink fur farms in Europe and America has served as a reminder to stop using goods obtained from animals in all facets of life. Moreover, many companies, including Dove, have decided to become vegan or cruelty-free in response to the growing concerns and awareness about the ethics of products derived from animal testing.
For cruelty-free lifestyle products, India has served as a birthing ground.
The demand for chemical-free and ethical cosmetics is increasing daily as a result of the expanding sustainability movement as well as growing awareness of the negative consequences of conventional makeup.
Nykaa has its own collection of vegan and cruelty-free cosmetic items. Nykaa is one of the biggest online shopping platforms for lifestyle products in India. Other vegan and animal-free companies from India include Fae Beauty, Disguise Cosmetics, Soulflower, Plum, and Iba Halal.
| 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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