Halal Cosmetics Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Global Halal Cosmetics Market: By Type (Personal Care, Makeup, Fragrances), By Application (Hair, Skin, Body, Face, Lips, Eyes), By Usage ( Men, Women, Unisex), By Distribution Channel (Supermarkets, Hypermarkets, Drugstores, Online Stores) and Geography

 

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Report

Description

The global halal cosmetics market is expected to grow at a CAGR of 9.3% during the forecast period 2022 to 2028. Halal means permissible and lawful.  Halal industry is expected to create new avenues for the market players due to increased awareness in the Muslim community. Most traditional marketplaces are being saturated around the world, but the Muslim community is generating several fast-growing consumer items and segments all over the world. The halal cosmetics products market is one of the most promising areas, with the greatest growth in recent years. This market has a significant growth opportunity for personal care and cosmetics companies all around the world. Consumer demand for natural and organic colour goods is increasing as people become more aware of the detrimental consequences of certain substances like carbon black and carcinogens, which are extensively used in cosmetics. The purchases are made based on efficacy, as well as clinical qualities and longer-lasting protection. The market’s demand for natural components has prompted a number of companies to create goods that include nature-inspired ingredients, such as halal-certified, plant-inspired, and premium botanical ingredients with multi-functional qualities.The demand for cosmetics in Asia Pacific is quickly rising, with India and China being two of the world’s largest emerging markets. The Muslim community of India accounts for about 15% of the population, making halal cosmetics a profitable growth opportunity. In this sense, Iba Halal Care is the first manufacturer of Halal-certified cosmetics. Furthermore, in compared to its Southeast Asian neighbours, Malaysia is one of the largest export markets for halal products.

Halal Cosmetics Market

MARKET SUMMARY
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9.3% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 9.3%
  • Largest Market– Middle East and Africa
  • Fastest Growing Market– Europe

Halal Cosmetics Market

  • The report on global Halal Cosmetics Market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, usage, distribution channel and geography.
  • Halal Cosmetics Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Amara Cosmetics (U.S.)
  • Saaf Skin Care (UK)
  • Clara International (Malaysia)
  • INIKA (Australia)
  • Talent Cosmetic Co., Ltd. (Korea)
Dynamics

Halal Cosmetics Market

With increasing Muslim population across the globe, halal become one of the most vital factor in population. Rising inclination towards halal cosmetics is expected to drive the market. The cosmetics manufactured without using pork, dog or alcoholic ingredients expected to create huge demand by population. Furthermore, inclination towards organic and ecofriendly, healthy cosmetics, increase in investments on R&D activities, increase in usage of cosmetics by Muslim population propels the market growth for halal cosmetics. However, lack of awareness, low adoption rate, stringent regulatory framework enables hamper the growth of halal cosmetics market.


Middle East and Africa got Significant Share

Halal Cosmetics Market

Halal Cosmetics market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Middle East and Africa is expected to dominate the halal cosmetics market over the forecast period due to increased R&D investments in halal cosmetics, rising awareness among the people, increased demand for natural cosmetics. Europe halal cosmetics market is anticipated to show significant growth owing to ban on animal testing for beauty care products in 2009, which has led to the usage of natural organic ingredients in cosmetics and beauty care products. North America is expected show steady growth rate owing to increase in beauty consciousness and inclination towards usage of organic and natural products. Amara, was the first North American company to offer completely halal cosmetics which were certified by Islamic Food and Nutrition Council of America. Asia Pacific, Latin America expected to offer lucrative opportunities over the forecast period owing to presence of high Muslim population.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenari0

Halal Cosmetics Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Amara Cosmetics (U.S.)
  • Saaf Skin Care (UK)
  • Clara International (Malaysia)
  • INIKA (Australia)
  • Talent Cosmetic Co., Ltd. (Korea)
  • MMA Bio Lab Sdn Bhd (Malaysia)
  • The Halal Cosmetics Company (UK)
  • Prolab Cosmetics (Brazil)
  • Martha Tilaar Group (Indonesia)
  • IBA Halal Care (India)

Description

The global halal cosmetics market is expected to grow at a CAGR of 9.3% during the forecast period 2022 to 2028. Halal means permissible and lawful.  Halal industry is expected to create new avenues for the market players due to increased awareness in the Muslim community. Most traditional marketplaces are being saturated around the world, but the Muslim community is generating several fast-growing consumer items and segments all over the world. The halal cosmetics products market is one of the most promising areas, with the greatest growth in recent years. This market has a significant growth opportunity for personal care and cosmetics companies all around the world. Consumer demand for natural and organic colour goods is increasing as people become more aware of the detrimental consequences of certain substances like carbon black and carcinogens, which are extensively used in cosmetics. The purchases are made based on efficacy, as well as clinical qualities and longer-lasting protection. The market’s demand for natural components has prompted a number of companies to create goods that include nature-inspired ingredients, such as halal-certified, plant-inspired, and premium botanical ingredients with multi-functional qualities.The demand for cosmetics in Asia Pacific is quickly rising, with India and China being two of the world’s largest emerging markets. The Muslim community of India accounts for about 15% of the population, making halal cosmetics a profitable growth opportunity. In this sense, Iba Halal Care is the first manufacturer of Halal-certified cosmetics. Furthermore, in compared to its Southeast Asian neighbours, Malaysia is one of the largest export markets for halal products.

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX