ROCKVILLE, Maryland, June 11, 2019 /PRNewswire/ — With the growing count of vegan population, different companies from the beauty products arena are encouraged to shift to vegan beauty trends. Although in the start it was considered as a hollow concept, but vegan beauty has slowly entered the mainstream market with rising consumer interest across primary sustainable lifestyles. Fact.MR has smartly analyzed the overall market for vegan beauty products, with a purpose to draw useful conclusions for investors, capitalists and new entrants. This assessment is titled “Vegan Beauty Products Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028“, which focuses on the essential market facets such as market size, revenue share, regional expanse, market dynamics and value chain analysis.
This intelligent report highlights the importance of ethical consumerism which is giving way to a massive transition towards cruelty-free products that doesn’t include any animal derivatives or supports animal testing. All such factors are expected to motivate the vegan beauty products market through 2028. According to research specifics, sales of vegan beauty products are projected to surpass US$ 3,500 Mn in 2019, increased from US$ 3,352 Mn in 2018. Furthermore, gains of vegan beauty products market is additionally reinforced by several factors, including propagation of veganism in beauty & cosmetics space, rising demand for natural beauty products, and a lot more.
Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=3338
Skin Care Vegan Beauty Products Expected to Showcase Major Upswing
This report highpoints the growing popularity of vegan beauty products for skin care which are likely to experience imposing sales in 2019 and beyond. Interestingly, it is projected that the global sales might actually exceed US$ 1000 Mn in 2019. For an effective personal grooming routine, skin care products are marked as the key requisites; hence, the demand for vegan beauty products for skin care would continue to observe a steady rise. Different product types, including creams & lotions, cleansers & toners and scrub exfoliators, will charm a larger section of global population who are willingly ready to pay premium prices for such refined skin care products.
Awareness towards Environment-Friendly Products Encouraging Market Growth
Talking about modern consumers, while making product purchases they have grown more particular about raw materials involved along with associated source origin. Recognizing the outcome of their irresponsible purchases, numerous consumers are thereby choosing environmentally-responsible products. Hence, this preference has led to favorable circumstances for large scale acceptance of vegan beauty products.
Browse Research Release – https://www.factmr.com/report/3338/vegan-beauty-products-market
Consumers Opt for CBD-Infused Vegan Beauty Products for ‘Feel Good’ Factor
As per this report study, demand for CBD-infused vegan beauty products is pacing on an ever-increasing path, since cannabidiol (CBD) is being acknowledged for addressing several concerns such as insomnia and anxiety. Based on certain studies, CBD is also known to curb the growth of cancer cells, thus nurturing its popularity across the wellness community.
The final section of the report is dedicated to discourse the major players operating in the vegan beauty products market. Some of the leading companies mentioned in the report are L’Oréal Group, O Boticário, Pacifica Beauty LLC, Arbonne, Huda Beauty, ELF Cosmetics, Gabriel Cosmetics, Inc. and Gemdo Cosmetics.
Request Research Methodology of this Report- https://www.factmr.com/connectus/sample?flag=RM&rep_id=3338
Popular Retail Industry Market Reports from Fact.MR
Tamper Evident Labels Market– New study suggests that increasing emphasis on preventing pilferage and product labeling policies in the pharmaceutical industry will remain crucial to the prospects of tamper evident label manufacturers. According to the study, demand for tamper evident labels from the pharmaceutical industry is expected to surpass US$ 7 billion by 2028.
Baby Diapers Market– Global baby diapers market will expand at a steady 5.9% value CAGR between the forecast period 2017 and 2026. Volume sales of baby diapers across the globe are expected to close in on approximately 483,000 million units by 2026-end.
Baby Monitor Market– Fact.MR has analyzed the demand for baby monitors and has projected that the sale of baby monitors is expected to grow at a rate of 8.4% through 2026. According to Fact.MR, the volume of baby monitors expected to be sold by 2026 end is around 11,900,000 units.
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852