China Vegan Cosmetics Market Research Report, 2028

Consumers in China are becoming more aware of animal testing and cruelty-free issues and are increasingly seeking out vegan and cruelty-free cosmetic products. This trend is expected to continue as younger generations become more environmentally and socially conscious. The vegan cosmetics market in China is growing rapidly; this growth is driven by increasing consumer awareness about animal welfare and environmental issues, as well as a growing demand for natural and organic products. The history of vegan cosmetics in the Chinese market can be traced back to the early 2000s, when the first vegan cosmetics brands began to emerge. At the time, there was limited awareness about animal welfare and environmental issues, and vegan cosmetics were considered a niche product. However, as consumer awareness grew and concerns about animal testing and cruelty-free issues became more prominent, demand for vegan cosmetics began to increase. In response, more vegan cosmetics brands began to enter the market, offering a wide range of products made with natural and organic ingredients. In recent years, the Chinese government has implemented various policies and regulations aimed at promoting the use of natural and organic ingredients in vegan cosmetic products. This has led to increased demand for vegan cosmetics as consumers become more aware of the benefits of using natural and organic products. According to the research report "China Vegan Cosmetics Market Research Report, 2028," published by Actual Market Research, the China vegan cosmetics market was valued at above USD 1 Billion in 2022. Chinese consumers are increasingly looking for vegan and natural goods as they become more conscious of the effects of cosmetics on their health and the environment. The younger generation of customers, who are more socially and ecologically sensitive, are particularly affected by this tendency. Based on the product types, they include skin care, hair care, colour cosmetics, and others. In the country, skin care has the highest market shares, and in the future, hair care will grow at the highest CAGR rate. Consumers in China are becoming more aware of the importance of hair care and are looking for high-quality, natural, and organic hair care products. Vegan hair care products, which are often made with natural and organic ingredients, are seen as a healthier and more environmentally friendly alternative to traditional hair care products. Hair oils made from plant-based ingredients, such as coconut oil or argan oil, are also in high demand in China. These oils are often used to moisturise and protect hair from damage caused by styling and environmental factors. Vegan hair masks, which are often made with natural ingredients such as avocado or shea butter, are popular in China as they provide deep conditioning and nourishment to the hair.

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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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There are several associations and organisations in China that are dedicated to promoting and supporting the vegan cosmetics market, including the vegan skin cosmetics market. One of the most prominent is the China Association of Fragrance, Flavour, and Cosmetic Industries (CAFFCI), which is a national-level association that represents the interests of the fragrance, flavour, and cosmetics industries in China. In recent years, CAFFCI has taken an active role in promoting the development of the vegan cosmetics market in China and has launched several initiatives to support the growth of this sector. In 2020, CAFFCI partnered with the vegan cosmetics brand Tropic to host a series of online training sessions on vegan cosmetics for industry professionals and consumers. In addition to CAFFCI, there are several other organisations in China that are focused on promoting vegan cosmetics, including the China Vegan Society, which is a non-profit organisation that promotes veganism and animal rights, and the China Cosmetics Testing Technology Exchange Conference, which is an annual conference that brings together industry professionals to discuss the latest trends and developments in the cosmetics industry, including the vegan cosmetics market. Based on the end users considered in this report, there are personal and commercial segments. The personal segment is leading vegan cosmetics in the country. In the future, the commercial segment will grow at the highest CAGR rate. Based on the gender segments, which include men, women, and children, the women segment has the highest market share in the country. Women in China are increasingly concerned about the ingredients in their beauty products and the impact that they have on the environment and animal welfare. This has led to a growing demand for vegan cosmetics that are made with natural, plant-based ingredients and are free from animal-derived ingredients. The premium price range covers the highest market share rather than the economic price range. The premium price range for vegan cosmetics is often associated with higher levels of product efficacy and luxury. Many premium vegan cosmetic brands in China use high-quality, rare, or exotic plant-based ingredients that are known for their potent skincare benefits, such as ginseng, goji berry, and lotus flower. These ingredients are often more expensive to source and produce, which is reflected in the higher price point of the products. Distribution channels consist of specialty stores, hypermarkets, supermarkets, the online channel, and others. In China, specialty stores cover the largest market share. Some of the top specialty stores are Innisfree, The Body Shop, Sephora, and Kora Organics. ? Considered in this report

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Kripa Shah

Senior Analyst

• Geography: China • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • China Vegan Cosmetics market with its value and forecast along with its segments • Country-wise Hair Care market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

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By Product Type • Skin care • Hair Care • Color Cosmetics • Others By Gender • Men • Women • Children By End Users • Commercial • Personal By Price Range • Economic • Premium By Distribution Channel • Specialist Retail Stores • Supermarket/Hypermarket • Online Channels • Other Distribution The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Hair Care industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.