Global Vegan Lipstick Market Size, Share, Growth, Trend & Forecast 2026

Summary

Report Description

Global vegan lipstick market is expected to show robust growth with an impressive CAGR in the forecast period, 2016-2026 on the account of rapidly increasing demand for the herbal and vegan cosmetic products. The market is expected to register an esteemed growth in the upcoming five years on the background of consumer preferences. Due to recent pandemic situation due to widespread COVID-19 viral infection the consumers are highly inclined toward healthier and more environment friendly cosmetic products, thereby further driving the growth of the global vegan lipstick market in the upcoming five years. Consumers are also being aware of the animal-derived ingredient in the lipsticks and other cosmetic products is also anticipated to support the growth of the global vegan lipstick market in the next five years. Also, number of consumers for the certified vegan products is rapidly increasing and substantiating the growth of the global vegan lipstick market in the future five years. Additionally, social trends, and social media influences are also aiding the growth of the global vegan lipstick market in the forecast period. Manufacturing and finalizing of cosmetic products like lipsticks, etc. requires animal trials and animal derived ingredients too. Rising concerns over animal cruelty is also inclining the consumers toward vegan-lipstick thus supporting the growth of the global vegan lipstick market in the forecast years, until 2026.

The cosmetic industry is expanding globally, and then the demand for the herbal and vegan products is also supporting the industrial growth of the vegan cosmetic products. Recently social media posts, and online blogs are spreading the popularity about the chemical free, herbal, and organic products and thus supporting the growth of the vegan lipstick.

The global vegan lipstick market is segmented by product type, distribution channel, competitional landscape, and regional distribution. Based on product type, the market is further segmented into matte, gloss, others like sheer, crème, stain, etc. Matte vegan lipstick is anticipated to hold the largest revenue shares of the market and dominate the market segment on the account of surging demand from the millennial consumers. Moreover, matte vegan lipstick is gaining popularity from the social media videos and makeup artists’ proportion is further driving the growth of the global vegan lipstick market in the next five years. Global market players like Loreal, Cosmax etc. are coming up with innovative product development and following the consumer demands further, thus driving the growth of the global vegan lipstick market in the future five years.

Holding the major shares of the global vegan lipstick market are Coty Inc., Brand Agency (London) Ltd., Beauty Without Cruelty, Total Beauty Network Pty Ltd (INIKA Organic), Gabriel Cosmetics Inc., Pacifica Beauty LLC., Loreal SA (Urban Decay), e.l.f, Cosmetics Inc., Cosmax Inc., Grupo Boticario, among others. Market players are actively involved in the research and technological development in the product developments. The advanced technology has made it possible for the industry to provide excellent services through vegan lipstick. Further advancement would aid the market value and brand establishment in the future five years. New market players may focus on the research and development to provide options that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

Historical Years: 2016 – 2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022 – 2026

Objective of the Study:

To analyze the historical growth of the market size of global vegan lipstick market from 2016 to 2019.
To estimate and forecast the market size of global vegan lipstick market from 2020 to 2026 and growth rate until 2026.
To classify and forecast global vegan lipstick market based on product type, distribution channel, competitional landscape, and regional distribution.
To identify dominant region or segment in the global vegan lipstick market.
To identify drivers and challenges for global vegan lipstick market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global vegan lipstick market.
To identify and analyze the profile of leading players operating in global vegan lipstick market.
To identify key sustainable strategies adopted by market players in global vegan lipstick market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and distributors across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures and service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of global vegan lipstick market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

Manufacturers, service providers, end users, and other stakeholders
Distributors and suppliers of products & services and other stakeholders
Organizations, forums, and alliances related to vegan lipstick
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, service providers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global vegan lipstick market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Vegan Lipstick Market, By Product Type:

Matte
Gloss
Others

Sheer
Crème
Stain

Vegan Lipstick Market, By Distribution Channel:

Supermarkets/Hypermarkets
Specialty Stores
Online
Others

Departmental Stores
Exclusive Stores

Vegan Lipstick Market, By Region:

North America

United States
Mexico
Canada

Europe &CIS

France
Germany
United Kingdom
Italy
Russia

Asia-Pacific

China
India
Japan
South Korea
Australia
Singapore
Vietnam

Middle East & Africa

South Africa
Saudi Arabia
UAE
Nigeria
Egypt
Turkey

South America

Brazil
Argentina
Colombia
Chile

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global vegan lipstick market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Vegan Lipstick Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Vegan Lipstick Market

4. Executive Summary

5. Voice of Customer

5.1. Brand Awareness

5.2. Challenges Faced Post Purchase

5.3. Sources of Information

6. Global Vegan Lipstick Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product Type (Matte, Gloss, Others (Sheer, Crème, Stain, etc.)

6.2.2. By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online and Others (Departmental Stores, Exclusive Stores)

6.2.3. By Company (2020)

6.2.4. By Region

6.3. Product Market Map

7. Asia-Pacific Vegan Lipstick Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product Type

7.2.2. By Distribution Channel

7.2.3. By Country

7.3. Asia-Pacific: Country Analysis

7.3.1. China Vegan Lipstick Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product Type

7.3.1.2.2. By Distribution Channel

7.3.2. India Vegan Lipstick Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product Type

7.3.2.2.2. By Distribution Channel

7.3.3. Japan Vegan Lipstick Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product Type

7.3.3.2.2. By Distribution Channel

7.3.4. South Korea Vegan Lipstick Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Product Type

7.3.4.2.2. By Distribution Channel

7.3.5. Australia Vegan Lipstick Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Product Type

7.3.5.2.2. By Distribution Channel

7.3.6. Singapore Vegan Lipstick Market Outlook

7.3.6.1. Market Size & Forecast

7.3.6.1.1. By Value

7.3.6.2. Market Share & Forecast

7.3.6.2.1. By Product Type

7.3.6.2.2. By Distribution Channel

7.3.7. Vietnam Vegan Lipstick Market Outlook

7.3.7.1. Market Size & Forecast

7.3.7.1.1. By Value

7.3.7.2. Market Share & Forecast

7.3.7.2.1. By Product Type

7.3.7.2.2. By Distribution Channel

8. Europe & CIS Vegan Lipstick Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product Type

8.2.2. By Distribution Channel

8.2.3. By Country

8.3. Europe & CIS: Country Analysis

8.3.1. France Vegan Lipstick Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product Type

8.3.1.2.2. By Distribution Channel

8.3.2. Germany Vegan Lipstick Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product Type

8.3.2.2.2. By Distribution Channel

8.3.3. United Kingdom Vegan Lipstick Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product Type

8.3.3.2.2. By Distribution Channel

8.3.4. Italy Vegan Lipstick Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Product Type

8.3.4.2.2. By Distribution Channel

8.3.5. Russia Vegan Lipstick Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Product Type

8.3.5.2.2. By Distribution Channel

9. North America Vegan Lipstick Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product Type

9.2.2. By Distribution Channel

9.2.3. By Country

9.3. North America: Country Analysis

9.3.1. United States Vegan Lipstick Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product Type

9.3.1.2.2. By Distribution Channel

9.3.2. Mexico Vegan Lipstick Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product Type

9.3.2.2.2. By Distribution Channel

9.3.3. Canada Vegan Lipstick Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product Type

9.3.3.2.2. By Distribution Channel

10. South America Vegan Lipstick Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product Type

10.2.2. By Distribution Channel

10.2.3. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Vegan Lipstick Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Product Type

10.3.1.2.2. By Distribution Channel

10.3.2. Argentina Vegan Lipstick Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Product Type

10.3.2.2.2. By Distribution Channel

10.3.3. Colombia Vegan Lipstick Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Product Type

10.3.3.2.2. By Distribution Channel

10.3.4. Chile Vegan Lipstick Market Outlook

10.3.4.1. Market Size & Forecast

10.3.4.1.1. By Value

10.3.4.2. Market Share & Forecast

10.3.4.2.1. By Product Type

10.3.4.2.2. By Distribution Channel

11. Middle East and Africa Vegan Lipstick Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Product Type

11.2.2. By Distribution Channel

11.2.3. By Country

11.3. MEA: Country Analysis

11.3.1. South Africa Vegan Lipstick Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Product Type

11.3.1.2.2. By Distribution Channel

11.3.2. Saudi Arabia Vegan Lipstick Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Product Type

11.3.2.2.2. By Distribution Channel

11.3.3. UAE Vegan Lipstick Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Product Type

11.3.3.2.2. By Distribution Channel

11.3.4. Nigeria Vegan Lipstick Market Outlook

11.3.4.1. Market Size & Forecast

11.3.4.1.1. By Value

11.3.4.2. Market Share & Forecast

11.3.4.2.1. By Product Type

11.3.4.2.2. By Distribution Channel

11.3.5. Egypt Vegan Lipstick Market Outlook

11.3.5.1. Market Size & Forecast

11.3.5.1.1. By Value

11.3.5.2. Market Share & Forecast

11.3.5.2.1. By Product Type

11.3.5.2.2. By Distribution Channel

11.3.6. Turkey Vegan Lipstick Market Outlook

11.3.6.1. Market Size & Forecast

11.3.6.1.1. By Value

11.3.6.2. Market Share & Forecast

11.3.6.2.1. By Product Type

11.3.6.2.2. By Distribution Channel

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1. Competition Outlook

14.2. Company Profiles

14.2.1. Coty Inc.

14.2.2. Brand Agency (London) Ltd.

14.2.3. Beauty Without Cruelty

14.2.4. Total Beauty Network Pty Ltd (INIKA Organic)

14.2.5. Gabriel Cosmetics Inc.

14.2.6. Pacifica Beauty LLC.

14.2.7. Loreal SA (Urban Decay), e.l.f

14.2.8. Cosmetics Inc.

14.2.9. Cosmax Inc

14.2.10. Grupo Boticario

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Related Reports

Parvati Sharma

Account Manager BD

Talk To Analyst

Press Release

Vegan Lipstick Market To Grow With an Impressive CAGR During the Forecast Period

Oct, 2021

Demand for herbal cosmetics is driving the growth in Global Vegan Lipstick Market in the forecast period, 2022-2026.

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