Vegan Beauty Products Market: Latest Innovations, Drivers and Industry Key Events 2018 to 2028

New study Vegan Beauty Products Market research report covering the current trend and effect on the business of COVID-19. The global Vegan Beauty Products Market Report offers valuable data on this report with the aid of fragmenting the market into different segments. Various vital elements are covered in the global Vegan Beauty Products Market research report, including regional industry perspectives, geographic developments, country-level assessment, competitive environment, market share analysis of companies, and top company proreports. The study on the Vegan Beauty Products Market fine-tuns the variety of the key features for which companies are analyzed. The study utilizes various techniques such as surveys, interviews, and existing discussions with participants, end-users, and industry leaders to analyze the global specialty malt industry.

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Competitive Landscape

  • In 2018, L'Oréal S.A. – a key player in the vegan beauty products market – announced the signing of a definitive agreement for the acquisition of Logocos Naturkosmetik AG, a leading German vegan beauty products manufacturer. As per L'Oréal, Logocos owns two leading and authentic vegan brands along with its exclusive expertise in the organic beauty space, which will be offering great advantages to the L'Oréal’s growth strategy. This acquisition reinforces the position of L'Oréal amidst the leading personal care companies offering certified & authentic vegan beauty products.
  • In 2018, Cosmax Inc. – a South Korea-based leading cosmetics manufacturer – made an official announcement that it has become the first company across Asia to attain a ‘Vegan’ label from the Expertise Vegan Europe (EVE) for its exclusive unit manufacturing cruelty-free cosmetic products. This label is foreseen to establish new dimensions of the company’s growth in the vegan beauty products space.
  • In 2018, O Boticário – a key player in the vegan beauty products market – expands its operations in UAE through the launch of its second retail outlet in Dubai. The official launch of this retail outlet will provide immense scope for further expansion of the company’s presence in the Middle East and tap into new customer segments via its cruelty-free beauty product offerings.
vegan beauty products market competitive analysis
Arbonne International

Founded in 1975, Arbonne International has its official headquarters in Irvine, California. The company specializes in manufacture and commercialization of health & skincare products. Arbonne ranks among the leading companies offering products that are toxin-free, vegan, botanically-based, hypoallergenic, and PETA-approved.

Pacifica Beauty LLC

Founded in 1997, Pacifica Beauty LLC has its official headquarters in Portland, Oregon. The company manufactures a wide-range of skincare and beauty products and is well-known for its broad portfolio of cruelty-free products. Pacifica sells its products and offerings through company-owned stores as well as online stores.

Huda Beauty

Launched in 2013, Huda Beauty was introduced by Huda Kattan, an Iraqi-American business woman and make-up artist. Ever since it was launched, the brand has built an immensely positive reputation for some of its well-positioned products, including vegan makeup. With more than 140 product varieties sold in-store and online, the company is well-known for offering high quality vegan beauty products at reasonable prices.

Gabriel Cosmetics, Inc.

Founded in 1992, Gabriel Cosmetics, Inc. has its official headquarters in  Redmond, Washington. The company started its operation as a botanical skincare company offering a wide range of homeopathic skincare & cosmetic products. The company’s philosophy is based on commercializing organic, vegan, and gluten-free cosmetic products at reasonable & affordable prices.

e.l.f. Cosmetics

Founded in 2004, e.l.f. Cosmetics has its official headquarters in Oakland, California. The company commercializes a wide-range of skin-care and bath-care products that are 100% cruelty-free and is a major supporter of the ‘fur campaign’ by PETA. The wid-range of e.l.f. products enables the company to target demographic of a broader range of age, from teenagers to women aged in between 40-50. Other players profiled in the vegan beauty products market report include Gemdo Cosmetics Inc., Ecco Bella, and others.

Vegan Beauty Products Market – Additional Insight

Consumers Turn to CBD-Infused Vegan Beauty Products for Boosting the ‘Feel Good’ Factor

Demand for CBD-infused vegan beauty products is treading on an ever-increasing path, as cannabidiol (CBD) is being embraced for addressing multiple concerns such as anxiety and insomnia. Some studies also shed light on the fact that CBD arrests the growth of cancer cells, thereby fostering its popularity in the wellness community and beyond. A majority of consumers are replacing their entire beauty routine with a wide-range of cruelty-free and vegan beauty products, given that CBD is a beneficial holistic ingredient that helps in boosting the ‘feel good’ factor.

Companies operating in the vegan beauty products market are offering multiple product types infused with CBD, including creams & lotions, cleansers and toners, balms and butter, scrub exfoliators, essential oils, serums & masks, and others.

Scope of the Report

vegan beauty products market taxonomy
 

Research Methodology

A pragmatic methodology combined with a holistic approach forms the base for incisive insights compiled in the vegan beauty products market for the assessment timeline of 2018-2028. The Fact.MR report on vegan beauty products market comprises of detailed information on the growth prospects of vegan beauty products market and also offers compelling insights into the forecast analysis of vegan beauty products market.

Exhaustive secondary and primary research are employed to carry out the whole research and garner industry-best insights into the forecast analysis of vegan beauty products market. The report on vegan beauty products market is further subjected to a cross-validation by the in-house experts to make the vegan beauty products market report one-of-its-kind with utmost credibility.

Research Methodology of this Report.

Factors and Vegan Beauty Products Market execution are analyzed using quantitative and qualitative approaches to give a consistent picture of current and future trends in the boom. The study also allows for a detailed market analysis focused primarily on geographic locations. The Global Vegan Beauty Products Market Report offers statistical graphs, estimates, and collateral that explain the state of specific trade within the local and global scenarios.

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The purpose of the Vegan Beauty Products Market analysis is to provide a well-structured overview of significant innovations, discoveries coupled with the technological advancements that occur in the global industry. The study also provides descriptions of the impact these findings may have on the growth prospects of the Global Vegan Beauty Products Market during the review period. In addition, our analysts provided a comprehensive overview of the macro as well as the micro indicators combined with the report’s existing and expected industry developments. The report provides an insight into the aspects within this segment that may encourage or demote the expansion of the Global Vegan Beauty Products Industry. The Vegan Beauty Products report segment also helps the consumer understand the life cycle of the desired product, along with the application reach of the product across industries and the prominent technological developments that will assess the level of competition for the product around the world. In summary, the segment provides the current business position, thus retaining in the projection period 2020 as the beginning year and 2026 as the ending year.

The Vegan Beauty Products report provides separate comprehensive analytics for North America, Europe, China, Japan, Middle East & Africa, India, South America, and Others. Annual estimates and forecasts are provided for the period 2015 through 2026. Market data and analytics are derived from primary and secondary research. This report analyzes the worldwide markets for Vegan Beauty Products in US$ Million.

 

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Reasons to Purchase this Report:

  • Comprehensive analysis of the Vegan Beauty Products Market growth drivers, obstacles, opportunities, and other related challenges.
  • Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
  • Identifies Vegan Beauty Products market restraints and boosters.
  • Identifies all the possible segments present in the Vegan Beauty Products market to aid organizations in strategic business planning.