What is Vegan Lipstick?
Vegan lipstick is a lipstick that does not contain animal ingredients or animal-derived ingredients. Vegan lipstick includes ingredients such as mica, castor oil, jojoba oil, and carnauba wax. Vegan products are cruelty-free and vegan lipstick is highly pigmented and long-lasting, Ethique vegan lipsticks are carefully crafted with a unique blend of nutrient-rich emollients and naturally occurring pigments to offer buildable, vibrant color with a smooth satin finish. Vegan cosmetics are extremely famous and demandable among vegan populations.
Drivers of vegan lipstick Market
Rising demand for vegan lipstick
Global vegan lipstick demand is increasing due to vegan lipstick are cruelty-free, and they are non-toxic, nonirritant to the lips. Organic ingredients made victimization plant-based extracts. They help the skin vibrant and youthful. Demand of vegan lipstick is rising due to they do not contain harsh chemicals and they are extremely moisturizing and hydrating the lips. Vegan products have less chances of lip disorders such as dry lips, lip eczema, dark lips. Furthermore, evolving vegan lifestyle across countries are anticipated to boost the demand for vegan cosmetics in the coming years.
Restraint
High cost of vegan lipstick will hamper market growth
The market's expansion will be restricted by vegan lipstick's high price. Due to the fact that vegan products are cruelty-free and the cost of obtaining the often expensive and rare ingredient Making clean, non-toxic beauty products requires a lot of work. Vegan lipstick contains natural color compounds; however, they are more expensive and have a shorter shelf life, which will restrain the market's expansion.
News
In January 2023-Loreal files patent on vegan lipstick
International beauty major loreal has developed a lipstick formula that can be made with minimal zero animal- derived ingredients and beeswax, suggesting it could be used to offer colored and non- colored combined lip care kits. The formula contains at least one natural oil.
In March 2022-D2C brand plum raises $35 million in a series c, revenue crosses Rs 90 cr FY21
Plum has a portfolio of vegan, cruelty-free and toxin-free beauty products across skincare, haircare, personal care, and makeup. The company claims that it does 40% sales through offline channels and a quarter of sales on its own platform whereas the rest is from e-commerce marketplaces like Nykaa and Amazon India. Around 60% of Plum’s product offerings are in the skincare range which is the core business.
Conclusion
vegan skin care won't irritate your skin, in most cases, as it's made of fewer chemical irritants. But it's always a safer option to do a patch test to be entirely sure what suits your skin. Vegan beauty products are packed with vitamins as well as antioxidants, which helps make your skin look healthier. While being great for your skin, vegan skin care will also do good to the animals as there is no harm included and last but not least, they're environmentally the safest choice to make. Explore our blog section to read more about topics such as natural beauty products, sustainable beauty, natural hair products to achieve a beautiful, smooth and healthy skin.
Author's Detail:
Sneha Mali /
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Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
