Argentina Vegan Cosmetics Market Overview, 2028

The vegan cosmetics industry in Argentina has been growing in recent years, driven by a growing awareness of the negative impact of animal-derived ingredients and testing on animals. Some of the most popular vegan cosmetics products in Argentina include natural soaps, facial oils, and makeup products like lipsticks, eyeliners, and foundations. Vegan cosmetics are becoming increasingly popular among consumers in Argentina, with more people choosing to make ethical and environmentally conscious choices when it comes to their beauty routines. Many vegan cosmetics brands in Argentina are also eco-friendly, using sustainable and biodegradable packaging materials and supporting local communities through fair trade practises. Vegan cosmetics are becoming increasingly popular among consumers in Argentina, with more people choosing to make ethical and environmentally conscious choices when it comes to their beauty routines. Probiotics are beneficial bacteria that can help improve the skin's microbiome, which can improve overall skin health. Many vegan skincare brands in Argentina are incorporating probiotics into their products, such as face creams and serums.

According to the research report "Argentina Vegan Cosmetics Market Overview, 2028," published by Bonafide Research, the Argentina Vegan Cosmetics market is projected to reach a market size of more than USD 355 Million by 2028. Consumers in Argentina are becoming more aware of the impact of animal testing and animal-derived ingredients in cosmetics. This has led to a growing demand for vegan cosmetics that are cruelty-free and free from animal-derived ingredients. Furthermore, social media platforms like Instagram and Facebook have played a significant role in promoting vegan cosmetics in Argentina. Influencers and bloggers have helped spread awareness of vegan beauty products, which has led to an increase in demand. The health and wellness trend has also contributed to the growth of the vegan cosmetics industry in Argentina. Consumers are looking for products that are not only good for the environment but also for their skin and overall well-being. Based on the report, the product types include skin care, hair care, colour cosmetics, and others. In Argentina, vegan skin care is leading the market. Many vegan skincare brands are incorporating innovative and advanced technologies in their formulations, such as plant stem cells, hyaluronic acid, and peptides. This has helped to create effective skincare products that can compete with traditional cosmetics in terms of efficacy. Consumers in Argentina are interested in personalised skincare products, and technology is being used to create customised formulations based on individual skin types and concerns. Brands are using artificial intelligence and machine learning to analyse consumer data and create personalised skincare regimens.

The Argentine government has implemented several policies and regulations to promote the use of vegan cosmetics and protect animal welfare. In 2015, Argentina banned animal testing for cosmetics and personal care products. This ban includes the sale, import, and export of products that have been tested on animals. This has helped to encourage the development and use of alternative methods, such as in vitro testing and computer modelling. The Argentine government has developed a cruelty-free certification programme for cosmetics and personal care products. This programme allows consumers to identify products that have not been tested on animals and that do not contain animal-derived ingredients. The government has also implemented an eco-labelling programme for cosmetics and personal care products. This programme allows consumers to identify products that have been produced using sustainable and environmentally friendly practises. In California, cosmetics and personal care products must list all ingredients on the packaging. This allows consumers to make informed choices about the products they use and ensures transparency in the industry.

Based on the pricing points, segments include the economic price and the premium price. In the country, the premium price segment is leading the market. Because vegan cosmetics are made from plants and natural ingredients, many vegan cosmetics brands produce their products in small batches to ensure freshness and quality. This can be more expensive than producing large quantities of products using mass production techniques. Furthermore, vegan cosmetics often require more research and development than conventional cosmetics. This is because formulating effective and stable vegan products can be more challenging due to the absence of certain ingredients, such as animal-derived emollients and waxes. The cost of research and development is often reflected in the price of the final product. That’s why the premium segment is leading the market. Based on the distribution channel, it includes specialty stores, hypermarkets, supermarkets, the online channel, and others. In country, specialty stores cover the largest market share. Some of the top stores for vegan cosmetics in Argentina are La Naturista, Tienda Vegana, Limon Verde, and Farmacia Lacroze. And some of the local manufacturers of vegan cosmetics are Kori Cosmética Natural, Green Mama, and Sinergy Cosmética Natural. In Argentina, women use more vegan cosmetics than men and children, and women cover the largest market share in the vegan cosmetic market.

Considered in this report

• Geography: Argentina
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report

• Argentina Vegan Cosmetics market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

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 Vegan Cosmetics 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.

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Manmayi Raval

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