‘Demand for Ethical Beauty Industry and Focus on Growth of Vegan Cosmetics Market’: Vegan Society Seminar Held at Ilsan KINTEX
On September 11, at Halls 8 of the 2nd Exhibition Hall at Ilsan KINTEX, the "Demand for Ethical Beauty Industry and Growth of Vegan Cosmetics Market" seminar sponsored by the Vegan Society will be held. As global interest in vegan trends and ethical consumption increases, this seminar highlights the impact of veganism on the cosmetics industry. Mirin Lewis, the Associate Manager of the Vegan Society, will lecture about the importance of vegan certification and market growth potential.
Importance of the Vegan Trademark
During this seminar, Associate Manager Mirin Lewis emphasizes the importance of the Vegan Trademark. She explains that this certification is not just a marketing tool but a core element of brand identity. Companies can avoid regulatory compliance and legal risks through vegan certification, while also protecting their brand reputation and building consumer trust.
Global Shift and Ethical Consumption
Associate Manager Lewis noted,
*"Veganism is not merely a trend, but a reflection of a global shift to plant-based lifestyles and ethical consumption,"* and emphasized, *"Transparency and third-party certification are essential for companies to build trust with consumers."*
In this context, the spread of veganism is providing significant momentum to the growth of the global vegan cosmetics market, which is expected to reach around $30 billion by 2030.
Opportunities for Companies
The growth of veganism is presenting new opportunities for companies. Vegan certified cosmetics can appeal more to modern consumers who prioritize ethical consumption, leading naturally to differentiation in the market.
Brand Image and Consumer Trust
By obtaining vegan certification, companies can enhance their ethical brand image, establishing themselves as a more trustworthy choice for consumers. This has been particularly well-received among consumers who value environment and ethics, including the younger generation.
Transition to a Sustainable Consumption Ecosystem
The growth of the vegan cosmetics market is leading to sustainable consumption patterns, contributing ultimately to better environmental protection and the establishment of a sustainable consumption ecosystem. In the wave of veganism, the role of organizations like the Vegan Society is becoming increasingly important.
Confirmation of Market Growth Potential
This seminar will once again confirm the growth potential of the vegan cosmetics market. It will be an informative session to understand how companies can secure consumer trust and maintain competitive edges in the market sustainably through vegan certification.
Market Expansion Led by the Younger Generation
The seminar hosted by the Vegan Society further accentuates the potential of vegan cosmetics, with expectations that the market will expand centered around younger generations who aim for ethical consumption.
Industry Direction and Sustainable Future
The discussions from the seminar are expected to set important standards for determining future directions in the cosmetics industry, with the spread of veganism establishing an important flow towards a sustainable future.
Conclusion
The seminar clearly highlighted what changes the keywords ‘vegan’ and ‘ethical consumption’ will bring to the cosmetics industry. The importance of vegan certification and strengthening market competitiveness through it heralds significant changes across the industry, with the expectation of actively pursuing product development that matches the paradigm of sustainable consumption.
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