The growing popularity of the vegan lifestyle, combined with stricter animal welfare laws worldwide, is driving market growth for vegan cosmetics.
Similar forecasts already exist for the UK market. Other major exporters in this area are France, the USA, India, Germany and New Zealand. In India, a vegan beauty label was recently introduced.
Particularly high growth rates are forecast for vegan perfumes.
For more information, see this report from Market Research Future.
