×
139
Fashion Jobs
HTNK
Enterprise New Business Manager (UK)
Permanent · LONDON
BIMBA Y LOLA
Sales Assistant
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant
Permanent · LONDON
PINK PANTY
Web Manager
Permanent · LONDON
SHISEIDO
Bareminerals Account Manager - Hoopers, Wilmslow (Maternity Cover) (37.5)
Permanent · Manchester
SHISEIDO
Bareminerals Account Manager - Debenhams, Dundee (37.5)
Permanent · Dundee
SHISEIDO
Bareminerals Account Manager - Debenhams, Winchester (Maternity Cover)
Permanent · Hampshire
KIMAI
Marketing Manager
Permanent · LONDON
FOREO
Senior Creative PR Storyteller
Permanent · LONDON
MICHAEL KORS (UK) LIMITED
Ecommerce Operations Manager, Emea
Permanent · London
SHISEIDO
Account Manager - Debenhams
Permanent · BURY SAINT EDMUNDS
SHISEIDO
Bareminerals Account Manager - Debenhams, Ipswich (37.5)
Permanent · Ipswich
SHISEIDO
Shisiedo Group Fragrance Account Manager - John Lewis, Brent Cross (22.5)
Permanent · London
CLAUDIE PIERLOT UK
Store Manager - 40h - Birmingham m/f H/F
Permanent · BIRMINGHAM
CLAUDIE PIERLOT UK
Sales Assistant - 24h - Bicester Village m/f H/F
Fixed-term · BICESTER
CLAUDIE PIERLOT UK
Stock Controller - 40h - Selfridges London m/f H/F
Permanent · LONDRES
CLAUDIE PIERLOT UK
Sales Assistant - 30h - Harrods m/f H/F
Fixed-term · LONDRES
GARETH PUGH STUDIO
f/t Design Internship
Internship · LONDON
L.CUPPINI
Intern at Start-up Fashion Brand
Internship · LONDON
BA&SH
Assistant Store Manager f/m - Full Time - Kings Road
Permanent · LONDON
NIKE
Nike Operations/Back of House Lead (Department Manager)
Permanent · Leeds
THE POSITIVE COMPANY
Graphic Design Internship
Internship · LONDON

Global vegan cosmetics market expected to reach $20.8B by 2025

By
Published
Jul 6, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

A new beauty industry report has projected the global vegan cosmetics market will reach $20.8 billion by 2025, propelled by millennials. Brands already in the space include Urban Decay, Arbonne, and Pacifica.


Urban Decay, a pioneer in vegan beauty - Instagram: @urbandecaycosmetics


The report, published by Grand View Research, explains that "Rapidly changing cosmetic trends are affecting global marketplace as most of the consumers find cruelty towards animals unethical and are spreading awareness against this act. Moreover, embracing natural substitutes such as plant-based personal care products is working in favor of the market."

The vegan beauty industry was valued at $12.9 billion in 2017, according to another report released by Grand View. The projection of $20.8 billion aligns the industry with a compound annual growth rate of 6%, or almost 40% growth from its current value.

Other key findings include a 65% uptick in online vegan cosmetics sales in China and the expectation that the US vegan beauty market alone will hit a value of $3.16 billion.

The report points out that millennials are driving the vegan cosmetics movement pushed by the belief that plant-based products are better for their health than those that are animal-based. Additionally, consumer sentiment towards using animal products is changing on the whole, as evidenced by fur and angora hair bans becoming more common.

The landscape for vegan beauty is already competitive, with global brands fighting for market share. Additional vegan beauty brands that are already established include Zuzu Luxe, Ecco Bella, Bare Blossom, Emma Jean Cosmetics, Modern Mineral Makeup, Nature's Gate, Beauty Without Cruelty, Billy Jealousy, and MuLondon Organic.

The full 100-page report is available on Grand View Research's website.
 

Copyright © 2020 FashionNetwork.com All rights reserved.