The beauty & fashion industries are expanding swiftly and generating a massive customer base worldwide, mostly among females. However, genders choosing what apparently is "appropriate" is more like an old talk now. Today, the male population is nowhere behind as a prevalent customer base in the industry, including sectors like clothing, accessories, & beauty & cosmetics, especially. Perhaps it is one of the many reasons why new brands are emerging across different corners of the world & introducing new products.
While
we dedicate this blog to talking about cosmetics, let me ask you something.
Have you ever come across the term "veganism" in cosmetics? Maybe or
maybe not? Let me tell you about it and how it is associated with cosmetics
today.
Vegan cosmetics are those products developed without using animal ingredients and are
gaining swift traction & followers across different countries globally,
thereby advocating no use of animal ingredients in any beauty or skincare
product.
This
concept has generated lucrative opportunities for prominent cosmetic
manufacturers worldwide, owing to which the Global Vegan Cosmetic Market is set
to register around 6.25% CAGR during 2022-27. The growing market would attract
numerous new entrants & established brands to launch an extensive range of
vegan cosmetics and expand their customer base worldwide in the nearer future.
Differentiating
Cruelty-Free & Vegan Cosmetics
While
most people confuse vegan cosmetics with cruelty-free cosmetics, both of them
are different in ways. Let us read the blog further to find out more about the
differences between the too, and not get fooled.
Cruelty-free
products are the ones that are not tested on animals of any kind. However, it
is not always necessary that a cruelty-free product is also vegan. The concept
of Cruelty-Free pretty much revolves around not testing any procedures of
ingredients & final product on animals, while vegan cosmetics are in line
with the ingredients.
Hence,
it is possible that if you see a cosmetic product labeled "Cruelty-Free"
is also vegan. However, a product labeled vegan might contain the
"bi-products" of animals, like honey, beeswax, collagen, lanolin,
albumen, cholesterol, carmine, or gelatin, among other ingredients procured
without any cruelty to animals.
Key Benefits associated with Vegan Cosmetic
Products
The
prominent reason for making a paradigm shift to vegan cosmetics is promoting
animal-free ingredients worldwide. However, what adds up to the massive
consumer base and growing trends of veganism are listed below. Let us take a
look at these perks in the blog ahead:
- Use
of Natural Ingredients
As
most vegan cosmetics are produced using natural ingredients that are rich in
vitamins & minerals, the one who is using the cosmetic is only treating the
skin with the goodness of nature and avoiding the use of chemicals and their
side effects. The popular natural ingredients used in vegan products are aloe
vera, seaweed, essential oils, and chamomile, among others.
- Easy
Availability & Growing Affordability
Undoubtedly,
the entire vegan industry is modeled on an extensive range of products, from
affordable to expensive, making vegan cosmetics fit for people with all
budgets. Besides, the increasing adoption of vegan cosmetics is demonstrating
uptight competition between companies, which in turn, is also showcasing their
growing expansion & visibility across regions.
- Friendly
with Sensitive Skin
Since
vegan cosmetics are developed using fewer ingredients, they are more likely to
have greater suitability for people with sensitive skin. Therefore, people with
sensitive skin show a greater inclination toward vegan cosmetics to reduce the
chances of developing rashes, acne, dryness, inflammation, etc.
What’s
next for the Vegan Cosmetics Industry?
Veganism
is a notion, and one does not have to be a vegan to understand it or use the
products made in this concept. As the trend is emerging rapidly, not just in
food products but in cosmetics too, the Global Vegan Cosmetics Market shall be
witnessing significant expansion and generating remunerative prospects for the
leading cosmetic manufacturers worldwide in the coming years.
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