https://www.maximizemarketresearch.com/market-report/global-vegan-cosmetics-market/20003/
The vegan cosmetics market, valued at USD 20.18 billion in 2023, is projected to reach nearly USD 30.77 billion by 2030, growing at a CAGR of 6.21%. This growth is driven by increasing consumer awareness of ethical products and environmental concerns. In Europe, the UK leads with 20% of new vegan product developments, followed by Germany at 19%. Decorative cosmetics are the top adopters, comprising 44.7% of the market, with skin and hair care products at 29.3% and 12.9%, respectively.
The vegan cosmetics market, valued at USD 20.18 billion in 2023, is projected to reach nearly USD 30.77 billion by 2030, growing at a CAGR of 6.21%. This growth is driven by increasing consumer awareness of ethical products and environmental concerns. In Europe, the UK leads with 20% of new vegan product developments, followed by Germany at 19%. Decorative cosmetics are the top adopters, comprising 44.7% of the market, with skin and hair care products at 29.3% and 12.9%, respectively.
https://www.maximizemarketresearch.com/market-report/global-vegan-cosmetics-market/20003/
The vegan cosmetics market, valued at USD 20.18 billion in 2023, is projected to reach nearly USD 30.77 billion by 2030, growing at a CAGR of 6.21%. This growth is driven by increasing consumer awareness of ethical products and environmental concerns. In Europe, the UK leads with 20% of new vegan product developments, followed by Germany at 19%. Decorative cosmetics are the top adopters, comprising 44.7% of the market, with skin and hair care products at 29.3% and 12.9%, respectively.
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