LATAM Vegan Cosmetics Market Size & Outlook, 2025-2033


LATAM Vegan Cosmetics Market Insights

  • According to Deep Market Insights analysis, the LATAM Vegan Cosmetics Market size stood at USD 1275.99 Million in 2024 and is forecasted to reach USD 2,459.16 Million by 2033.
  • The market is projected to grow at a CAGR of 7.53% between 2025 and 2033.
  • By segment, Skincare was the leading Product Type in terms of market size in 2024.
  • Haircare is expected to be the most lucrative Product Type segment, exhibiting the fastest growth throughout the forecast period.

Other Key Findings


  • In 2024, LATAM contributed 5.8% to the overall global Vegan Cosmetics Market size.
  • By 2033, United States is anticipated to dominate the global market based on market size.
  • Chile is expected to witness the fastest growth within LATAM, attaining USD 10.98 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 1275.99 Million
Market Size In 2033 USD 2,459.16 Million
Largest segment Skincare
Units Revenue in USD Million
CAGR 7.53% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
LATAM
  1. Brazil
  2. Mexico
  3. Argentina
  4. Colombia
  5. Chile
Product Type
  1. Skincare
  2. Haircare
  3. Makeup
Distribution Channel
  1. Online
  2. Offline