Global Vegan Cosmetics Market is estimated to be US$ 28.31 billion by 2030 with a CAGR of 6.20% duri
Global Vegan Cosmetics Market accounted for US$ 15.47 billion in 2020 and is estimated to be US$ 28.31 billion by 2030 and is anticipated to register a CAGR of 6.20%. Veganism is quickly becoming a popular notion in the cosmetics industry, despite its status as a niche concept. With such a big number of consumers concerned about sustainability, cosmetic companies are being forced to reconsider their manufacturing ingredients. Aside from that, a production redesign is anticipated as manufacturers strive to improve sustainability. Modern customers are more informed than ever before, thanks to increased access to information and increased internet penetration. In addition, rising environmental concerns and the depletion of natural resources are forcing a significant change in their behaviour.
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