Research: Vegan Cosmetics Industry To Reach $ 20.6 Billion By 2026 Market Research Company Global Industry Analysts Has Published Research Finding The Vegan Cosmetics Market To Reach $ 20.6 Billion By 2026.

The global vegan cosmetics market in 2020 was about $ 15.1 billion, the report says.. New estimates suggest 5.1% CAGR over the next 5 years. China will have a CAGR of 7.9% over the study period. Thus, China will reach indicators that correspond to the size of the vegan cosmetics market in the United States in 2021, this market is estimated at $ 4.3 billion..

Canada and Japan will also see significant changes over the next few years, with growth projected at 4.6% and 2.8% respectively.. Industry projected 3.2% growth in Germany.

The US, Canada, Japan, China, and Europe combined $ 2.2 billion in vegan makeup markets in 2020. and will reach $ 3 billion. by the end of the analyzed period. China is projected to remain one of the fastest growing in this group of markets.

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