Japan Vegan Cosmetics Market Size & Outlook, 2022-2030
The vegan cosmetics market in Japan is expected to reach a projected revenue of US$ 1,375.1 million by 2030. A compound annual growth rate of 8.5% is expected of Japan vegan cosmetics market from 2023 to 2030.
The Japan vegan cosmetics market generated a revenue of USD 717.9 million in 2022 and is expected to reach USD 1,375.1 million by 2030.
The Japan market is expected to grow at a CAGR of 8.5% 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 717.9 million
Market revenue in 2030
USD 1,375.1 million
Growth rate
8.5% (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, Japan accounted for 4.4% 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.
The female population of Japan has always had keen interest in their daily makeup and skin care essentials along with perfumes and other cosmetics.
The premium products are sold especially through departmental stores and other select shops, companies operating in the region majorly target these distribution channels to place their products strategically in the market thereby widening their business.
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 Outlook will help companies and investors design strategic landscapes.
Skin Care was the largest segment with a revenue share of 34.52% in 2022.
Horizon Databook has segmented the Japan vegan cosmetics market based on skin care, hair care, color cometics covering the revenue growth of each sub-segment from 2018 to 2030.
The female population of Japan has always had keen interest in their daily makeup and skin care essentials along with perfumes and other cosmetics.
The premium products are sold especially through departmental stores and other select shops, companies operating in the region majorly target these distribution channels to place their products strategically in the market thereby widening their business.
Japan Vegan Cosmetics Market Product Outlook (Revenue, USD Million , 2018-2030)
Skin care
Hair care
Color cometics
Others
Japan Vegan Cosmetics Market Market Outlook (Revenue, USD Million , 2018-2030)
Hypermarkets and Supermarkets
Specialty Stores
E-Commerce
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan Vegan Cosmetics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Vegan Cosmetics Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.