Is Vegan Lip Gloss on the Rise Within the Cosmetic Market?
Currently, beauty brands are trying to keep up with the demand for vegan cosmetics. For deeper insight, explore this article to learn why vegan lip gloss and other items are on the rise within the cosmetic market.
What Are Vegan Cosmetics?
Vegan cosmetics don’t include animal ingredients like beeswax, lactic acid, collagen, honey, and other animal by-products. Various types of vegan cosmetics include skin care, hair care, and makeup. Many beauty brands offer vegan products to accommodate the growing demand for natural products.
Overview of the Vegan Cosmetic Market
According to the Vegan Cosmetic Market Analysis Report, the global vegan cosmetics market size was USD 15.17 billion in 2021. The market will expand at an annual growth rate of 6.3 percent from 2022 to 2030. The main factor for expansion is the rise of vegan demand worldwide. Many people are against animal cruelty and want beauty items that don’t contain animal by-products. You can expect a large shift toward ethically conscious brands and high consumer demand for vegan cosmetics.
Gen Z Influences
Generation Z (people born after 1996) contributes to the demand for vegan cosmetic products. Overall, many Gen Z-ers are ethically conscious and understand their impact on the environment. The rise in consumer awareness benefits the vegan market as people opt for organic beauty brands. This trend will continue to rise as many brands adapt to this market demand.
Stay on Trend With Vegan Lip Gloss
Vegan cosmetics include skin care, hair care, and other beauty products. Given their overall popularity, vegan lip gloss is also on the rise within the cosmetic market! Vegan lip gloss avoids animal by-products and incorporates ethically sourced ingredients. For instance, lip glosses have plant-based oils (i.e., coconut and olive oil) and organic butter. The natural ingredients nourish lips with lasting moisture.
Whether you own a cosmetic company or make homemade products, you can stay on trend with vegan lip gloss. Use a vegan lip gloss base and natural Flavoring to create gorgeous cosmetics. Craft your perfect formula today.