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Market Research Report

Global Vegan Cosmetics Market 2019-2023

Published by TechNavio (Infiniti Research Ltd.) Product code 886903
Published Content info 121 Pages
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Global Vegan Cosmetics Market 2019-2023
Published: July 8, 2019 Content info: 121 Pages
Description

About this market

Vegan cosmetic products are free from animal products, by-products, and derivatives and includes haircare, skincare, makeup, fragrances, and hygiene products. Technavio's global vegan cosmetics market analysis considers the revenue generated from sales through offline and online distribution channels. Our analysis also considers the growth of the vegan cosmetics market in APAC, Europe, MEA, North America, and South America. In 2018, the offline segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as availability of product demonstrations will play a significant role in the offline segment to maintain its market position. Also, our global vegan cosmetics market looks at factors such as the growth of the cosmetic industry, increasing preference for vegan products from consumers, and promotional and marketing strategies employed by vegan cosmetics vendors. However, the negative impact of vegan cosmetics on humans and animals, stringent guidelines for obtaining vegan certification, and challenges in formulating cosmetics with natural ingredients may hamper the growth of the vegan cosmetics industry over the forecast period.

Overview

Increasing preference for vegan products from consumers

With rising awareness about the negative impacts of animal-derived products, the demand for vegan products, including vegan cosmetics has also increased. Moreover, vegan cosmetics are manufactured from natural or plant-based ingredients which are beneficial for the skin. Vegan cosmetics improve skin health and reduce the chances of acne, dark circles, and other skin abnormalities. Hence, the preference for vegan products is rising among consumers which, in turn, is fueling the growth of the vegan cosmetics market at a CAGR of over 6% during the forecast period.

Growth of e-commerce market

Factors such as increasing internet penetration, technological advancements, rising adoption of smartphones, and growth of social media have boosted the growth prospects of the e-commerce market. This rapid growth of the e-commerce market has encouraged vegan cosmetics market vendors to offer their products through online distribution channels. Market vendors are leveraging information and communication technology, artificial intelligence, and other modern technologies and collaborating with major online retailers to boost their online sales. The increasing preference for online shopping will boost the growth of the e-commerce market and have a positive impact on the vegan cosmetics market growth.

For the detailed list of factors that will drive the global vegan cosmetics market size during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several players, the global vegan cosmetics market is fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several vegan cosmetics companies, that include Debenhams Plc, e.l.f. Beauty Inc., Estee Lauder Co. Inc., L'Oreal SA, Lush Retail Ltd., and Natura &Co.

Also, the vegan cosmetics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Table of Contents
Product Code: IRTNTR31668

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Offline - Market size and forecast 2018-2023
  • Online - Market size and forecast 2018-2023
  • Market opportunity by distribution channel

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increase in strategic acquisitions and investments
  • Introduction of new vegan cosmetic products
  • Growth of e-commerce market

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Debenhams Plc
  • e.l.f. Beauty Inc.
  • Estee Lauder Co. Inc.
  • L'Oreal SA
  • Lush Retail Ltd.
  • Natura &Co

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

List of Exhibits

  • Exhibit 01: Global beauty and personal care (BPC) products market
  • Exhibit 02: Segments of global beauty and personal care (BPC) products market
  • Exhibit 03: Market characteristics
  • Exhibit 04: Market segments
  • Exhibit 05: Market definition - Inclusions and exclusions checklist
  • Exhibit 06: Market size 2018
  • Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
  • Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
  • Exhibit 09: Five forces analysis 2018
  • Exhibit 10: Five forces analysis 2023
  • Exhibit 11: Bargaining power of buyers
  • Exhibit 12: Bargaining power of suppliers
  • Exhibit 13: Threat of new entrants
  • Exhibit 14: Threat of substitutes
  • Exhibit 15: Threat of rivalry
  • Exhibit 16: Market condition - Five forces 2018
  • Exhibit 17: Distribution channel - Market share 2018-2023 (%)
  • Exhibit 18: Comparison by distribution channel
  • Exhibit 19: Offline - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 20: Offline - Year-over-year growth 2019-2023 (%)
  • Exhibit 21: Online - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 22: Online - Year-over-year growth 2019-2023 (%)
  • Exhibit 23: Market opportunity by distribution channel
  • Exhibit 24: Customer landscape
  • Exhibit 25: Market share by geography 2018-2023 (%)
  • Exhibit 26: Geographic comparison
  • Exhibit 27: Europe - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 28: Europe - Year-over-year growth 2019-2023 (%)
  • Exhibit 29: North America - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
  • Exhibit 31: APAC - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 32: APAC - Year-over-year growth 2019-2023 (%)
  • Exhibit 33: South America - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 34: South America - Year-over-year growth 2019-2023 (%)
  • Exhibit 35: MEA - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 36: MEA - Year-over-year growth 2019-2023 (%)
  • Exhibit 37: Key leading countries
  • Exhibit 38: Market opportunity
  • Exhibit 39: Impact of drivers and challenges
  • Exhibit 40: Vendor landscape
  • Exhibit 41: Landscape disruption
  • Exhibit 42: Vendors covered
  • Exhibit 43: Vendor classification
  • Exhibit 44: Market positioning of vendors
  • Exhibit 45: Debenhams Plc - Vendor overview
  • Exhibit 46: Debenhams Plc - Business segments
  • Exhibit 47: Debenhams Plc - Organizational developments
  • Exhibit 48: Debenhams Plc - Geographic focus
  • Exhibit 49: Debenhams Plc - Segment focus
  • Exhibit 50: Debenhams Plc - Key offerings
  • Exhibit 51: e.l.f. Beauty Inc. - Vendor overview
  • Exhibit 52: e.l.f. Beauty Inc. - Product segments
  • Exhibit 53: e.l.f. Beauty Inc. - Organizational developments
  • Exhibit 54: e.l.f. Beauty Inc. - Geographic focus
  • Exhibit 55: e.l.f. Beauty Inc. - Key offerings
  • Exhibit 56: Estee Lauder Co. Inc. - Vendor overview
  • Exhibit 57: Estee Lauder Co. Inc. - Product segments
  • Exhibit 58: Estee Lauder Co. Inc. - Organizational developments
  • Exhibit 59: Estee Lauder Co. Inc. - Geographic focus
  • Exhibit 60: Estee Lauder Co. Inc. - Segment focus
  • Exhibit 61: Estee Lauder Co. Inc. - Key offerings
  • Exhibit 62: L'Oreal SA - Vendor overview
  • Exhibit 63: L'Oreal SA - Business segments
  • Exhibit 64: L'Oreal SA - Organizational developments
  • Exhibit 65: L'Oreal SA - Geographic focus
  • Exhibit 66: L'Oreal SA - Segment focus
  • Exhibit 67: L'Oreal SA - Key offerings
  • Exhibit 68: Lush Retail Ltd. - Vendor overview
  • Exhibit 69: Lush Retail Ltd. - Product segments
  • Exhibit 70: Lush Retail Ltd. - Organizational developments
  • Exhibit 71: Lush Retail Ltd. - Key offerings
  • Exhibit 72: Natura &Co - Vendor overview
  • Exhibit 73: Natura &Co - Business segments
  • Exhibit 74: Natura &Co - Organizational developments
  • Exhibit 75: Natura &Co - Geographic focus
  • Exhibit 76: Natura &Co - Key offerings
  • Exhibit 77: Validation techniques employed for market sizing
  • Exhibit 78: Definition of market positioning of vendors
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