North America Vegan Cosmetics Market Size & Outlook
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North America vegan cosmetics market highlights
- The North America vegan cosmetics market generated a revenue of USD 4,609.0 million in 2022.
- The market is expected to grow at a CAGR of 6.5% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 4,609.0 million |
| Market revenue in 2030 | USD 7,610.3 million |
| Growth rate | 6.5% (CAGR from 2022 to 2030) |
| Largest segment | Skin care |
| Fastest growing segment | Hair care |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 28.3% of the global vegan cosmetics market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,161.0 million by 2030.
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Vegan Cosmetics Market Scope
Vegan Cosmetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jean-Charles Brosseau | View profile | 11-50 | Paris, Ile-de-France, France, Europe | https://www.jcbrosseau.com/fr |
| Human Care Blossoms | View profile | 101-250 | Kumamoto-shi, Kumamoto, Japan, Asia | https://hc-b.com/ |
| Bello & Eco | View profile | 1-10 | Delden, Overijssel, The Netherlands, Europe | https://www.bello-eco.com/ |
| Moderna Inc | View profile | 5600 | 200 Technology Square, Cambridge, MA, United States, 02139 | https://www.modernatx.com |
| Nature's Brands | View profile | 11-50 | Chattanooga, Tennessee, United States, North America | https://www.naturesbrands.com/ |
| Arbonne International | View profile | 10001+ | Irvine, California, United States, North America | http://www.arbonne.com/ |
| L'Oreal SA | View profile | 94605 | 41, Rue Martre, Clichy Cedex, Paris, France, 92117 | https://www.loreal.com |
North America vegan cosmetics market outlook
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 will help companies and investors design strategic landscapes.
Skin care was the largest segment with a revenue share of 34.19% in 2022. Horizon Databook has segmented the North America vegan cosmetics market based on skin care, hair care, color cometics covering the revenue growth of each sub-segment from 2018 to 2030.
North American cosmetics market is fast growing compared to other regions. According to the CEO of L’Oréal, demand for cosmetics in North America is expected to be gradually rising especially the vegan cosmetics sector. Presently, rising demand for herbal cosmetics is witnessed in this region.
In addition, changing lifestyle of individuals coupled with increasing awareness about the vegan ingredients and associated benefits, is also contributing to the increased sales of cosmetics in North America.
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Target buyers of North America vegan cosmetics market databook
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Our clientele includes a mix of vegan cosmetics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America vegan cosmetics market , including forecasts for subscribers. This continent databook contains high-level insights into North America vegan cosmetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America vegan cosmetics market size, by country, 2018-2030 (US$M)
North America Vegan Cosmetics Market Outlook Share, 2022 & 2030 (US$M)
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