The global cruelty-free makeup market is set to increase from a valuation of US$ 6.26 billion in 2023 to US$ 12.55 billion by the end of 2033. As per Fact.MR’s detailed study, global demand for cruelty-free makeup is predicted to surge at a CAGR of 7.2% from 2023 to 2033. Sales of premium makeup products account for 64% market share. Growing awareness about the cruel processes that animals go through while testing cosmetic products is driving demand for cruelty-free makeup. Generally, cosmetics are tested on animals to determine the lethality, irritancy, and adverse reactions of their combinations, mostly on rats, rabbits, mice, and other animals in labs, which results in inhalation of chemical substances, and skin burns.
The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Cruelty-Free Makeup Market both at worldwide and provincial levels.
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Market Players: –
- Pentel
- KOKUYO CO., LTD.
- Pilot Corporation
- ITC Limited
- Faber-Castell
- Nature’s Gate
- MuLondon
- Billy Jealousy
- Beauty Without Cruelty
- Coty Inc.
- Emma Jean Cosmetics Inc.
- MO MI BEAUTY
- Groupe Rocher
- Inika
- Gabriel Cosmetics Inc.
- Pacifica Beauty
- e.l.f. Cosmetics Inc.
Competitive Landscape
Consumers today are more concerned with their appearance and spend more money on cosmetics. Growing emphasis on outward appearance and lifestyle changes have led to an increase in their consumption of cosmetic products.
Top producers are offering a wide range of goods that satisfy consumer needs as well as products that nourish and improve face characteristics. They are focusing on new developments, quality control, product standards, and supply chain management to increase their revenue.
For instance :
- ILIA Beauty is a natural cosmetic line offering multi-use sticks, serum foundations, and formulas made from scratch to ensure that the makeup is the cleanest. All its ingredients are natural and USDA-certified packaged in sustainable materials.
- RMS Beauty has a cosmetic collection that is produced with raw, food-grade, and organic materials to hydrate and illuminate the skin while simultaneously enhancing and improving its natural complexion. The company’s products are non-toxic and nourishing.
- 100% Pure offers soaps, shampoos, and conditioners formulated with high-performing antioxidants, naturally occurring vitamins, and essential oils that promise fresh and glowing skin. The company aims to create the purest, all-natural line of cosmetics, beauty products, and skincare products.
Key Segments of Cruelty-Free Makeup Industry Research
- By Product Type :
- Cruelty-Free Facial Makeup
- Cruelty-Free Eye Makeup
- Cruelty-Free Lip Makeup
- Cruelty-Free Nail Makeup
- By Customer Orientation :
- Women
- Unisex
- Men
- Kids
- By Nature :
- Organic
- Conventional
- By Price Range :
- Premium
- Economic
- By Sales Channel :
- Modern Trade
- Specialty Stores
- Salons & Spas
- Departmental Stores
- Convenience Stores
- Online Stores
- Drug Stores & Pharmacies
- Other Sales Channels
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
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How Fact.MR Assists in Making Strategic Moves?
The data provided in the Cruelty-Free Makeup Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
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