Vegan Cosmetics Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Vegan Beauty Products & Cosmetics Market and is segmented by Product Type (Facial Cosmetics, Eye Cosmetic Products, Lip, Nail Make-up Products, Hairstyling, and Coloring Products, and Other product types), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retailing, and Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The report offers market size and forecasts for the organic food and beverages market in value (USD million) for all the above segments.

Vegan Cosmetics Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Vegan Cosmetics Market Size

Vegan Cosmetics Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 3.03 Billion
Market Size (2030) USD 4.22 Billion
CAGR (2025 - 2030) 6.83 %
Fastest Growing Market North America
Largest Market Europe
Market Concentration Low

Major Players

Vegan Cosmetics Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Vegan Cosmetics Market with other markets in Consumer Goods and Services Industry

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Vegan Cosmetics Market Analysis

The Vegan Cosmetics Market size is estimated at USD 3.03 billion in 2025, and is expected to reach USD 4.22 billion by 2030, at a CAGR of 6.83% during the forecast period (2025-2030).

The market growth is driven by increasing consumer awareness that vegan products are made of natural ingredients, devoid of chemicals, have no side effects, and are safe to use. Consumer awareness of the drawbacks of chemically based cosmetics and their harmful products on the skin is growing. The market is expanding due to increasing animal safety concerns, as vegan cosmetics are entirely cruelty-free. Animal testing is never done on vegan cosmetics. They are a healthier and much more compassionate alternative because they don't include beeswax, collagen, gelatin, honey, carmine, cholesterol, milk, lanolin, shellac, or other animal-derived components. In addition, cosmetics like skin care, color cosmetics, hair care, and others are increasingly being used by consumers; particularly Gen Z. Sales are anticipated to increase as a result of both of these factors and growing consumer knowledge of the benefits of using vegan cosmetics because they are free of chemicals and kind to the environment.

Moreover, the growing popularity of veganism has prompted manufacturers to spend money on R&D, introduce new goods, and alter existing ones to meet the demands of customers seeking vegan products. For instance, in January 2022, the beauty company Colorbar created a "Vegan Nail Lacquer" range with 128 hues as part of its expanded focus on vegan and natural beauty. It was asserted that the Vegan Nail Lacquer promises a distinctly clean and green makeup experience owing to its non-toxic Patented 20 free formula and double-patented design, which it claims is loaded with biotin and calcium. However, the high circulation of knockoff/counterfeit products within all the cosmetic product categories is expected to hamper the growth of genuine vegan cosmetic brands.

Vegan Cosmetics Industry Overview

The vegan cosmetics market is competitive. This is due to several domestic and international players in this segment. The major players in this industry are Loreal SA, Coty Inc., MuLondon, Billy Jealousy, and Beauty Without Cruelty. These companies are widening their operational boundaries across different countries in the world. Major players are focusing on introducing new products in the market to cater to the players' interests and enhance their spots in the market. Major emerging market players targeting leading brands are making strategic acquisitions of the market leaders in the more mature and sophisticated needs.

Vegan Cosmetics Market Leaders

  1. MuLondon

  2. Beauty Without Cruelty

  3. Loreal SA

  4. Cottage Holdco B.V. (Coty Company)

  5. E.L.F. Cosmetics Company

  6. *Disclaimer: Major Players sorted in no particular order
Vegan Cosmetics Market Concentration
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Vegan Cosmetics Market News

  • In September 2022, Stella by Stella McCartney, a new beauty line from the fashion designer, was introduced in collaboration with LVMH. According to the company, McCartney's ecological ethos of using "just what you need" is reflected in the new brand. Reset Cleanser, Alter-Care Serum, and Restore Cream are the three items in the vegan skincare range.
  • In August 2022, Ashunta Sheriff launched Ashunta Sheriff Beauty, a Black-owned beauty brand with a conscience offering a Cruelty-Free, Vegan Beauty Line. A few products in the range include browzing brow gel freeze, unicorn duochrome highlighter, UV vegan liquid liners, unicorn multichrome glitter shadow palette, and beauty water fix-it spray, among others.
  • In May 2022, Lotte Duty-Free, the duty-free division of South Korean retail behemoth Lotte, released a collection of vegan cosmetics through its online shopping portal LDF BUY. It claimed that the LDF BUY would sell vegan cosmetic products made by Grown Alchemist, a natural skincare brand based in Australia, and Hunter Lab, a gender-inclusive brand from Australia.

Vegan Cosmetics Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables and Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Facial Cosmetics
    • 5.1.2 Eye Cosmetic Products
    • 5.1.3 Lip and Nail Make-up Products
    • 5.1.4 Hairstyling and Coloring Products
    • 5.1.5 Other Product Types
  • 5.2 By Distribution Channel
    • 5.2.1 Supermarkets/Hypermarkets
    • 5.2.2 Convenience Stores
    • 5.2.3 Specialty Stores
    • 5.2.4 Online Retailing
    • 5.2.5 Other Distribution Channels
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.1.4 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 Spain
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 Germany
    • 5.3.2.4 France
    • 5.3.2.5 Italy
    • 5.3.2.6 Russia
    • 5.3.2.7 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Australia
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 South Africa
    • 5.3.5.2 Saudi Arabia
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Share Analysis
  • 6.2 Most Adopted Strategies
  • 6.3 Company Profiles
    • 6.3.1 MuLondon
    • 6.3.2 Loreal SA
    • 6.3.3 Beauty Without Cruelty
    • 6.3.4 Levlad Inc (Nature's Gat)
    • 6.3.5 MO MI BEAUTY
    • 6.3.6 e.l.f. Beauty, Inc.
    • 6.3.7 Cottage Holdco B.V. (COTY Company)
    • 6.3.8 Gabriel Cosmetics Inc.
    • 6.3.9 Groupe Rocher
    • 6.3.10 Pacifica Beauty
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Vegan Cosmetics Industry Segmentation

Vegan cosmetics are ones that only contain components from plants. This means that neither vegan products' ingredients nor the production process will ever include using animals. The vegan cosmetics market is segmented by product type, distribution channel, and geography. The market is segmented by product type: facial cosmetics, cosmetic eye products, lip and nail make-up products, and hairstyling and coloring products. By distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online retailing, and other distribution channels. The report also includes regional market analysis on regions like North America, Europe, Asia-Pacific, South America, the Middle East, and Africa). For each segment, the market sizing and forecasts have been done based on value (in USD million).

By Product Type Facial Cosmetics
Eye Cosmetic Products
Lip and Nail Make-up Products
Hairstyling and Coloring Products
Other Product Types
By Distribution Channel Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Retailing
Other Distribution Channels
Geography North America United States
Canada
Mexico
Rest of North America
Europe Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia-Pacific China
Japan
India
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle-East and Africa South Africa
Saudi Arabia
Rest of Middle-East and Africa
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Vegan Cosmetics Market Research FAQs

How big is the Vegan Cosmetics Market?

The Vegan Cosmetics Market size is expected to reach USD 3.03 billion in 2025 and grow at a CAGR of 6.83% to reach USD 4.22 billion by 2030.

What is the current Vegan Cosmetics Market size?

In 2025, the Vegan Cosmetics Market size is expected to reach USD 3.03 billion.

Who are the key players in Vegan Cosmetics Market?

MuLondon, Beauty Without Cruelty, Loreal SA, Cottage Holdco B.V. (Coty Company) and E.L.F. Cosmetics Company are the major companies operating in the Vegan Cosmetics Market.

Which is the fastest growing region in Vegan Cosmetics Market?

North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Vegan Cosmetics Market?

In 2025, the Europe accounts for the largest market share in Vegan Cosmetics Market.

What years does this Vegan Cosmetics Market cover, and what was the market size in 2024?

In 2024, the Vegan Cosmetics Market size was estimated at USD 2.82 billion. The report covers the Vegan Cosmetics Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Vegan Cosmetics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Cruelty-Free Cosmetics Industry Report

The global vegan cosmetics market is on a robust growth trajectory, fueled by a paradigm shift towards sustainability and the demand for cruelty-free beauty products. With consumers increasingly prioritizing sustainability, there's a surge in innovative, animal-friendly beauty solutions spanning skincare, makeup, and hair care. Europe leads with a significant market share, driven by a preference for plant-based substitutes and growing concerns over synthetic ingredients. The movement against animal-tested cosmetics has also swayed consumer preferences towards vegan offerings. However, the market faces challenges from the circulation of counterfeit products. The skincare segment captures a dominant market position, buoyed by the trend of gifting affordable vegan cosmetics, while the online retail segment burgeons, offering convenience and a wide array of products. This underscores a transition to digital distribution channels, with the vegan cosmetics market poised for further growth, leveraging product innovation and a consumer base increasingly drawn to ethical and health-conscious beauty options. Get a sample of this industry analysis as a free report PDF download.

Cruelty-Free Cosmetics Market Report Snapshots