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The vegan cosmetics market size was USD 12.72 billion in 2020. The market is projected to grow from USD 15.87 billion in 2021 to USD 24.79 billion in 2028 at a CAGR of 6.57% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Vegan Cosmetics Market, 2021-2028.” Factors such as veganism turning into a mainstream trend and increasing consumer base focusing on sustainability activities will increase the footprint of the market during the forecast period. Additionally, the rising rate of product renovation will boost the market growth.

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Vegan Cosmetics Market Growth | Global Analysis Report [2028]
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Vegan Cosmetics Market Growth | Global Analysis Report [2028]

The global vegan cosmetics market is projected to grow from $15.87 billion in 2021 to $24.79 billion in 2028 at a CAGR of 6.57% in forecast period, 2021-2028