Brazil Vegan Cosmetics Market Size & Outlook, 2022-2030
Brazil vegan cosmetics market, 2018-2030 (US$M)
Related Markets
Brazil vegan cosmetics market highlights
- The Brazil vegan cosmetics market generated a revenue of USD 344.6 million in 2022 and is expected to reach USD 459.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.6% from 2023 to 2030.
- In terms of segment, skin care was the largest revenue generating product in 2022.
- Hair care is the most lucrative product segment registering the fastest growth during the forecast period.
Vegan cosmetics market data book summary
| Market revenue in 2022 | USD 344.6 million |
| Market revenue in 2030 | USD 459.0 million |
| Growth rate | 3.6% (CAGR from 2022 to 2030) |
| Largest segment | Skin care |
| Fastest growing segment | Hair care |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skin care, Hair care, Color cometics |
| Key market players worldwide | Moderna Inc, L'Oreal SA, Arbonne International, Nature's Brands, Bello & Eco, Human Care Blossoms, Jean-Charles Brosseau |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.1% of the global vegan cosmetics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil vegan cosmetics market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 459.0 million by 2030.
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Vegan Cosmetics Market Scope
Vegan Cosmetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil vegan cosmetics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vegan cosmetics market will help companies and investors design strategic landscapes.
Skin care was the largest segment with a revenue share of 35.49% in 2022. Horizon Databook has segmented the Brazil vegan cosmetics market based on skin care, hair care, color cometics covering the revenue growth of each sub-segment from 2018 to 2030.
The market in Brazil is observed to be growing with oral care products followed by baby care products. The major distribution channel in consideration of vegan cosmetic products is through retail chains such as Walmart, DIA and Carrefour among others.
Drugstores and pharmacies are also important channels for multinationals apart from retail chains and online platforms.
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Target buyers of Brazil vegan cosmetics market databook
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Our clientele includes a mix of vegan cosmetics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil vegan cosmetics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil vegan cosmetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil vegan cosmetics market size, by product, 2018-2030 (US$M)
Brazil Vegan Cosmetics Market Outlook Share, 2022 & 2030 (US$M)
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