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Vegan Beauty Products Market Projected to Be Resilient During 2019-2028

The global Vegan Beauty Products market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each Vegan Beauty Products market player in a comprehensive way. Further, the Vegan Beauty Products market report emphasizes the adoption pattern of the Vegan Beauty Products across various industries.

The Vegan Beauty Products market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.

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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.

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

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.

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The Vegan Beauty Products market report offers a plethora of insights which include:

Changing consumption pattern among individuals globally.
Historical and future progress of the global Vegan Beauty Products market.
Region-wise and country-wise segmentation of the Vegan Beauty Products market to understand the revenue, and growth lookout in these areas.
Accurate Year-on-Year growth of the global Vegan Beauty Products market.
Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global Vegan Beauty Products market.

The Vegan Beauty Products market report answers important questions which include:

Which regulatory authorities have granted approval to the application of Vegan Beauty Products in xx industry?
How will the global Vegan Beauty Products market grow over the forecast period?
Which end use industry is set to become the leading consumer of Vegan Beauty Products by 2029?
What manufacturing techniques are involved in the production of the Vegan Beauty Products ?
Which regions are the Vegan Beauty Products market players targeting to channelize their production portfolio?

The Vegan Beauty Products market report considers the following years to predict the market growth:

Historic Year: 2014 – 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 – 2029

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Why Choose Vegan Beauty Products Market Report?

Vegan Beauty Products Market Report follows a multi- disciplinary approach to extract information about various industries. Our analysts perform thorough primary and secondary research to gather data associated with the market. With modern industrial and digitalization tools, we provide avant-garde business ideas to our clients. We address clients living in across parts of the world with our 24/7 service availability.

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