This report also researches and evaluates the impact of Covid-19 outbreak on the Vegan Beauty Products industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Vegan Beauty Products and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.).
Global Vegan Beauty Products Market Overview:
Fact.MR has evaluated the global Vegan Beauty Products market in its latest research report. The research report, titled [Global Vegan Beauty Products Market 2020 by Key Countries, Companies, Type and Application], presents a detailed analysis of the drivers and restraints impacting the overall market. Analysts have studied the key trends defining the trajectory of the market. The research report also includes an assessment of the achievements made by the players in the global Vegan Beauty Products market so far. It also notes the key trends in the market that are likely to be lucrative. The research report aims to provide an unbiased and a comprehensive outlook of the global Vegan Beauty Products market to the readers.
Global Vegan Beauty Products Market: Segmentation
For clearer understanding of the global Vegan Beauty Products market, analysts have segmented the market. The segmentation has been done on the basis of application, technology, and users. Each segment has been further explained with the help of graphs figures. This breakdown of the market gives the readers an objective view of the global Vegan Beauty Products market, which is essential to make sound investments.
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- 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.
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.
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
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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Global Vegan Beauty Products Market: Regional Segmentation
To understand the changing political scenario, analysts have regionally segmented the market. This gives an overview of the political and socio-economic status of the regions that is expected to impact the market dynamic.
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Global Vegan Beauty Products Market: Research Methodology
Fact.MR uses a unique investigative approach to make an accurate assessment of the global Vegan Beauty Products market. To begin with, the analysis has been put together using primary and secondary research methodologies. The information has been authenticated by market expert through valuable commentary. Research analysts have also conducted exhaustive interviews with market-relevant questions to collate this research report.
Global Vegan Beauty Products Market: Competitive Rivalry
The research report also studied the key players operating in the global Vegan Beauty Products market. It has evaluated and elucidated the research and development statuses of these companies, their financial outlooks, and their expansion plans for the forecast period. In addition, the research report also includes the list of strategic initiatives that clearly explain the achievements of the companies in the recent past.
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