India Vegan Cosmetics Market Size & Outlook, 2022-2030
India vegan cosmetics market, 2018-2030 (US$M)
Related Markets
India vegan cosmetics market highlights
- The India vegan cosmetics market generated a revenue of USD 586.3 million in 2022 and is expected to reach USD 1,202.6 million by 2030.
- The India market is expected to grow at a CAGR of 9.4% 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 586.3 million |
| Market revenue in 2030 | USD 1,202.6 million |
| Growth rate | 9.4% (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, India accounted for 3.6% 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 Asia Pacific, China vegan cosmetics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,202.6 million by 2030.
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Vegan Cosmetics Market Scope
Vegan Cosmetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 35.48% in 2022. Horizon Databook has segmented the India vegan cosmetics market based on skin care, hair care, color cometics covering the revenue growth of each sub-segment from 2018 to 2030.
Indian is a huge market for vegan cosmetics with multinational brand presence such as Lotus, Shahnaz Husain, Coloressence, Soul Tree, Plum Goodness and more.
Companies such as Plum has three stage cosmetics testing approach which includes vegan ingredients that are derived from natural sources, testing the prototypes on self, and use of synthetic compounds whose formulas are scientifically proven to be safe for human applications.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India 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 India vegan cosmetics market , including forecasts for subscribers. This country databook contains high-level insights into India vegan cosmetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India vegan cosmetics market size, by product, 2018-2030 (US$M)
India Vegan Cosmetics Market Outlook Share, 2022 & 2030 (US$M)
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