halal cosmetics market

In the Middle East, countries such as Saudi Arabia, Qatar, and the UAE are at the forefront of the halal cosmetics market. 9.4% during 2023-2028. The report will account for Covid19 as a key market contributor. Halal is a term that applies to a broad scope of consumable products, including food, pharmaceutical ingredients, or in this case, cosmetics & personal care. Based on the product, the halal cosmetics market is categorized into skincare, haircare, hygiene products, makeup, and fragrance. The other manufacturers are Saaf Skincare, Prolab Cosmetics, TALENT Cosmetic Co. Ltd, and PHB Ethical Beauty. Free trial, before you make a purchase decision. In 2016, halal cosmetic products in MEA registered a market share of 7.91 percent. Information regarding the ingredients used in cosmetics is not easily available at times and brands often lack transparency with their customers. 30.3 Billion in 2022. The Muslim community has evolved as a significant consumer base, with unexplored cosmetic product areas and increased per capita expenditure. Global Forecast, Impact of COVID-19, Industry Trends, by Product Type, Growth, Opportunity Company Analysis. It comes with the additional cost of $2500.00 contact sales. In this blog, we give you the whole details about the Global Halal Cosmetics Market Detailed Analysis Report 2022 in which we . This website is secure and your personal details are safe. Considerable Islamic population base across the globe that is willing to pay premium prices for Halal-certified beauty products is anticipated to drive the product demand over the forecast period. Southeast Asian region is projected to witness the most lucrative growth over the forecast period. With the skin being the biggest organ of the human body, naturally, the ethical and moral guidelines of consumption take on significant weight. The hair care segment held a significant share in the halal cosmetic market in 2019. The global halal cosmetics market is segmented on the basis of type, application and geography. In 2013, the export of Malaysian halal cosmetic products was about RM464.45 million, with the products reaching as far as the . Since Muslims constitute a considerable part of the global population, thus the mainstream cosmetic industry is now focusing on the development of halal-certified products. The global halal cosmetics market was valued at $30,685.40 million in 2020, and is projected to reach $144,816.10 million by 2031, growing at a CAGR of 15.2% from 2022 to 2031. By Product Type; The Halal cosmetics market is categorized into haircare, skincare, color cosmetics, multifunctional, and others. The availability of e-commerce platforms during these times has, however, offset the disruptions caused in the last-mile supply of customer purchases. What is the expected growth rate of the global halal cosmetics market during 2023-2028? 2028. 1. Considerable Islamic population base across the globe that is willing to pay premium prices for Halal-certified beauty products is anticipated to drive the product demand over the forecast period. Some of the halal compliances of cosmetics and personal care products include MS 2200-1:2008 for cosmetic and personal care and MS 2200-2:2013 for the use of animal bone, skin, and hair. The key players addressed in the Halal Cosmetics Market Report are as follows: Amara Cosmetics INIKA Cosmetics MMA BIO LAB SDN BHD Golden Rose Sahfee Halalcare SAAF international Sampure. Growing demand for Halal-certified and Sharia-compliant product is also boosting the market growth. NEWARK, Del, Sept. 08, 2022 (GLOBE NEWSWIRE) -- The global halal cosmetics market size is expected to showcase an opulent growth opportunity with a phenomenal CAGR of 11.6% from 2022 to 2032. 4. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. To portray industry behavior during the anticipated term more accurately, the . What was the size of the global halal cosmetics market in 2022? 2021 IMARC Services Private Limited. These products are further segregated as skincare, haircare, fragrances and others. Cosmetic companies present in this region are trying to consolidate their position by offering a wide range of products. The Global Halal Cosmetics Market was valued at US$ 22,767. USA; Please fill out the form below for a free PDF report sample & Halal cosmetics does not include ingredients derived from animals, genetically modified organisms (GMOs), that are affirmed as unclean . In U.K, for instance more than 35% Muslims fall into desirable 18-35 year old . In-depth analysis of the halal cosmetics market segmentation assists to determine the prevailing halal cosmetics market opportunity. The halal cosmetic industry in Malaysia is worth over USD800 million, with an annual growth rate of 24 per cent. The . As per the Future Insight Market report, the Halal Cosmetics Market is expected to develop at a CAGR of 11.6% between 2021 and 2031. We value your investment and offer free customization with every report to fulfil your exact research needs. Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. What are the key factors driving the global halal cosmetics market? This trend is significantly noticeable in products such as body wash, hair care products, traditional soap cakes and skin care products. All rights Reserved By Straits Research, Figure 1: Halal Certification Bodies by Region, 2019, Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends, by Product (Skincare, Hair Care, Hygiene Products, Makeup, Fragrance), Distribution Channel (B2B, B2C), North America, Europe, Asia-Pacific, LAME and Rest of the World. Halal Cosmetics Market is expected to be US$ 104.17 Billion in 2027. The market revenue/volume with the help of widespread quantitative and qualitative insights, and forecasts of the market. As per the Research Center Forum on Religion & Public Life, in 2010, Indonesia held the highest Muslim population in the world, i.e., 209.1 million, and accounted for 13.1% of the total Muslim population. The sudden rise of COVID-19 to a pandemic level has severely impacted the demand patterns of cosmetics and also certain categories of personal care products. ( US: +1-631-791-1145 ) In the year 2021, the Global Halal Cosmetics Market was valued at USD 27,345.00 million. Companies are leveraging the reach of social media for spreading awareness among the customers and to connect with their target audiences (young adults and female customers). Click Manage settings for more information and to manage your choices. Some of the key players operating in the market are: The global halal cosmetics market was valued at US$ Personal care products is the leading segment in the product type for Halal Cosmetics. Free upgrade to enterprise license (allows to share across all company locations), 5. In 2010, there were about 176.6 million Muslim populations in India, and the number is expected to reach 310.6 million by 2050. The product range includes fragrances; personal care products applicable for personal hygiene; color cosmetics such as lipsticks, foundation, lip balms; and skin care products, including rejuvenating creams, moisturizers, and lotions. What has been the impact of COVID-19 on the global halal cosmetics market? Global Muslim food and beverage market value 2018-2024. Halal Cosmetic Market by Product (Skin care, Hair care, Makeup and Other cosmetic products), By Distribution Channel (Retail Sales and Online Sales), and By Region - Global Opportunities & Forecast, 2020-2027. The segment is primarily driven by rising awareness regarding health and hygiene. The halal cosmetics market has expanded its product base to prominently tap into the cosmetics market owing to increase in demand for halal cosmetic products worldwide, particularly regions dominated by Muslim population such as UAE, Saudi Arabia, Indonesia, Malaysia, Turkey, and others. 7. The competitive landscape of the market has been analyzed in the report with detailed profiles of the leading manufacturers. At present, a significant share of the non-Muslim population is shifting towards halal beauty products as they symbolize safety, cleanliness, hygiene, and are free from animal byproduct. Worldwide leading global Muslim . Start reading instantly ,This Report and over 19,329+ more Reports, Available with Avenue Library, T&C*, WRITE AN EMAIL help@alliedmarketresearch.com, U.S. - Canada :+1-800-792-5285 (Toll-free) Int'l : +1-503-894-6022 UK : + 44-845-528-1300. Halal cosmetics are manufactured by using ingredients, which are permissible according to the Islamic Sharia law. On the geographical front, Asia Pacific currently represents the largest market for halal cosmetics, accounting for the majority of the global share. Halal cosmetics have witnessed significant adoption among the Muslim consumers owing to the increased demand for personal grooming and trending beauty products that adhere to religious loyalties. The market research is offered along with information related to key drivers, restraints, and opportunities. 30.3 Billion in 2022. Halal Products Market Analysis. The global. Hair care application has been witnessing a dominant position in the halal cosmetics application over the years owing to specific interest and desire for healthy hair and hair styling especially among Muslim women. ( UK: +44-753-713-2163 ) Currently, offline channels exhibit a clear dominance in the market. Currently, these manufacturers offer a wide range of products, including perfumes, toners, lipstick, shampoos, lotions, soaps, powders and shower gels. NEWARK, Del, Sept. 08, 2022 (GLOBE NEWSWIRE) -- The global halal cosmetics market size is expected to showcase an opulent growth opportunity with a phenomenal CAGR of 11.6% from 2022 to 2032. Halal cosmetic is an emerging market, gaining popularity in the last few years due to the rising Muslim population and surging awareness regarding skincare and product safety. The market is driven by an increasing Muslim population, which now accounts for over a fifth of the global population. Get more information on this report Download Sample Report. The rising demand for diverse halal-certified products, such as perfumes, toners, lipstick, etc., as they are safe and free from animal byproduct, is primarily driving the global halal cosmetics market. The KSA cosmetics market is worth $4.7billion as recorded in 2015 and due to major brands and household names in Saudi Arabia, including Estee Lauder Companies, L'Oreal, and Unilever tapping into the halal cosmetics market, the average Saudi Arabian woman spends no less than $3,800 per year on cosmetics. From manufacturing stand, production stoppages due to the pandemic shall cast considerable stress on operational costs. Looking forward, IMARC Group expects the market to reach US$ 54.06 Billion by 2027, exhibiting at a CAGR of 11.85% . The Halal Cosmetics market scenario is forecasted for several nations using a variety of data points, including consumption quantities, import-export analysis, production sites and volumes, cost of raw materials, price trend analysis, downstream and upstream value chain analysis, and similar others. Complimentary 10 hours free analyst time for market review, 3. These products are also free from genetically modified organisms (GMO) as they are considered unclean. This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. The key players in the operating in the market such as Amara Cosmetics, Iba Halal Care, Halal Cosmetics Company, Clara International, Inika, Wardah Cosmetics, PHB Ethical Beauty, Sampure Minerals, One Pure, Mena Cosmetics, and SaafSkinCare. According to The Insight Partners latest market study on "The global Halal Cosmetics Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product Type (Skincare, Haircare, Makeup, and Others), Category (Men, Women, and Unisex), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Others)" the market is expected to grow from US$ 36,686.54 . See for yourself. The market is about the manufacturing process of cosmetic . Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players. At present, most halal cosmetics are distributed across the globe with the use of several offline channels, such as boutiques, specialty stores, multi-brand stores and brand outlets. Looking forward, IMARC Group expects the market to reach US$ 53.2 Billion by 2028, exhibiting a growth rate (CAGR) of 9.4% during 2023-2028. The halal cosmetics market is expected to grow from US$ 36,686.54 million in 2022 to US$ 79,861.73 million by 2028; it is estimated to grow at a CAGR of 13.8% from 2022 to 2028. Also, the production, packaging and storage process of halal cosmetics requires optimum level of cleanliness, which is driving their demand across several non-Muslim countries. The primary factor driving demand in the Europe market is the unique packaging style developed by Dutch entrepreneurs, who started the idea of halal cosmetics in this region. Halal cosmetics are products that follow religious rites, observe sharia law, and do not contain ingredients derived from pig, blood, alcohol, reptiles, and insects, among others. Find out more about how we use your information in our privacy policy and cookie policy. AHF has seen a 132% increase in demand for halal certification of cosmetics and personal care products. Halal skincare products provide essential care with assured standards, further driving the segment growth. The report includes comprehensive analysis of the key players in the operating in the market such as Amara Cosmetics, Iba Halal Care, Halal Cosmetics Company, Clara International, Inika, Wardah Cosmetics, PHB Ethical Beauty, Sampure Minerals, One Pure, Mena Cosmetics, and SaafSkinCare. These factors create lucrative opportunities for the multinational players operating in the global halal cosmetics market. They are manufactured using a complex mixture of all these ingredients under halal standards. Such factors are raising demand for halal cosmetics, thereby resulting in increased halal cosmetics market size by 2031. The word halal is an Arabic term that means legal or morally acceptable. The global Halal Cosmetics market research report provides comprehensive details on recent industry advancements, market share, market size, trade regulations, the effects of domestic and localised market participants, production analysis, and value chain optimization. This report presents breakdown of market into forthcoming and niche segments. The Halal Cosmetics and Personal Care market analysis seeks to cover all aspects of this industry's growth during 2022-2027. Halal-certified beauty is a booming market with a global turnover worth USD 74.7 billion in 2020 [].Driven by the increasing religious awareness of younger Muslim consumers and the growing Muslim population worldwide, sales of halal cosmetics are projected to grow 9.6% CAGR until 2026 [].To date, South-East Asia is the main market for halal cosmetic and personal care products. The global halal cosmetics market size was valued at USD 30.21 billion in 2021 and is projected to reach USD 83.76 billion by 2030 at a CAGR of 12% from 2022 to 2030. No purchase commitment. The global halal cosmetics market reached a value of US$ 27.31 billion in 2021. Rapid urbanization and growing standards of living have boosted the cosmetics market in India. Thank you for contacting us, our sales representative will get in touch with you shortly! AMARA COSMETICS, BRATACO GROUP OF COMPANIES, clara international beauty group, HALAL COSMETICS COMPANY, IBA HALAL CARE, INIKA, MENA COSMETICS, PHB ETHICAL BEAUTY, SAMPURE MINERALS, WARDAH COSMETICS. The halal cosmetics market is expected to grow from US$ 36,686.54 million in 2022 to US$ 79,861.73 million by 2028; it is estimated to grow at a CAGR of 13.8% from 2022 to 2028. What is the breakup of the global halal cosmetics market based on the product type? This trend is being followed by leading global brands, such as The Body Shop and Forest Essentials, which, in turn, is supporting the market expansion. New Jersey, USA-The Global Halal Cosmetics Market research also contains information on the repository and an evaluation of every aspect of the global and regional sectors.From a business viewpoint, the Halal Cosmetics market research includes each main supplier's production capacity, market share, market sales, and ex-factory price in the global Halal Cosmetics market. The global halal cosmetics market reached a value of US$ 27.31 Billion in 2021. Major growth factors for GCC halal cosmetics market include strong and wide presence and growing Muslim population and . UAE has emerged as an exceptionally attractive market for cosmetic companies to introduce their new products as it is one of the largest beauty markets in the world and is endorsed by affluent clientele. On a regional level, the market has been classified into Asia Pacific, Middle East and Africa, Europe, North America, and Latin America, where Asia Pacific currently dominates the global market. The market growth is attributed to the rising consumer awareness about the detrimental consequences of certain substances like carbon black and carcinogens, which are extensively used in cosmetics. Some of the prominent industry participants are Martha Tilaar Group, Clara International, Wipro Unza, Paragon Technology and Innovation, and Ivy Beauty Corporation Sdn Bhd. Based on the product type, the global halal cosmetics market has been segmented into personal care products and color cosmetics, where personal care products currently hold the majority of the total market share. As more women gain the ability to join . The demand for halal color cosmetics is expected to witness the highest growth rate during the forecast period, owing to rise in purchasing power of the growing Muslim population and desire of young Muslim women to associate their interest in fashion & makeup with Islamic loyalties. Indonesia, Malaysia, India, and Singapore, with the largest Muslim population, are leading contributors to the halal cosmetic market in Asia-Pacific. Growing awareness regarding the use of cosmetic products is also likely to be one of the key factors driving the market. " With growth in the Muslim population, the multinational players such LOreal, Unilever, P&G, and others have potential opportunities to penetrate into the halal cosmetics industry with an aim to cater to the increasing demands for halal cosmetic products. There are some vegan varieties that extend the market opportunity for the non-Muslim population as well. Need to talk to an expert? Launching in June 2021, from the organisers of the in-cosmetics portfolio of events, Halal Cosmetics Expo is the first trade event in Asia that is 100% dedicated to halal personal care.. Halal Cosmetics Expo provides a channel for halal beauty brands to promote their products to key global retailers, wholesalers and distributors.If you are a brand looking to develop halal-permissible products . Asia-Pacific dominated the . The development of vaccines and their approval in few countries has provided some relief. Major countries in each region are mapped according to their revenue contribution to the global market. For example, Eco trail, an Indian company and U.K.-based PHB Ethical Beauty offer products that are not only Halal certified but also cruelty-free and free from harmful substances. Halal used to be a term reserved only for members of the Islamic faith, but over time it has come to mean anything that is . Earlier, the choice of halal cosmetics used to be limited, however, over the past few years there has been an increase in the demand for these products, which has led to a consequent rise the number of halal-certified cosmetic manufacturers in the market. According to the new research report published by Precedence Research, titled "Halal Cosmetics Market (By Product Type: Personal Care Products, Color Cosmetics, Fragrances; By Application: Skin Care, Face Care Hair Care, Beauty Care; By Distribution Channel: Offline, Online) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030", the global . 1. Halal Cosmetics Market is estimated to grow at a CAGR of 13.8% from 2022 to 2028 and to reach US$ 79,861.73 million by 2028 Increasing hair problems such as hair fall, split-ends, dandruff, and itchy scalp are subsequently surging the demand for hair care products across the globe. Copyright document.getElementById("year").innerHTML = new Date().getFullYear();. Product Type, Distribution Channel, Region, Asia Pacific, Europe, North America, Latin America, Middle East and Africa, Clara International Beauty Group, Halal Beauty Cosmetics, INGLOT Cosmetics,INIKA Organic, IVY Beauty Corporation Sdn Bhd, Martha Tilaar Group, PHB Ethical Beauty Ltd, and Sampure Minerals, PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request). Halal cosmetics are products that follow religious rites, observe sharia law, and do not contain ingredients derived from pig, blood, alcohol, reptiles, and insects, among others. Free business intelligence platform with subscription, 4. Based on product type, the market is segmented into personal care products, color cosmetics, and fragrances. The global halal cosmetics market size reached US$ 30.3 Billion in 2022. Halal personal care products include a vast range of product portfolio that have a substantial application in the daily lives of Muslim consumers owing to the religious adherences. Stringent regulations guarding the halal cosmetics industries in terms of the formulation of these products have set a benchmark for quality assurance. Global Market Size and Growth Forecast. This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the halal cosmetics market analysis from 2020 to 2031 to identify the prevailing halal cosmetics market opportunities. Halal Certification for Cosmetics & Personal Care Halal refers to products that are permissible for consumption under the moral and ethical principles of Islam. Mn in 2018 and is projected to increase significantly at a CAGR of 12.7% from 2019 to 2028. Regional Growth Insights Request Sample Pages. The global Halal Cosmetics market is rapidly gaining traction over the recent years and is expected to register robust revenue growth throughout the forecast period of 2021 and 2028. Health-related diseases, such as genital abnormalities and breast cancer, caused by cosmetics have given rise to various concerns regarding the ingredients. Global Halal Cosmetics Market: Snapshot. Factors, such as a rise in spending on personal care products, awareness regarding the hazards of transdermal cosmetics, and demand for eco-friendly cosmetics have fueled the product growth in this regional market. Discounted price for multiple reports across domains, 2. Majority of the Major Muslim populated countries, such as Pakistan and Arab countries, are developing, price-sensitive economies. The consumer goods sector is rapidly growing due to factors such as paradigm shift in consumer preferences, rising demand for convenience and ongoing COVID-19 . By product type, personal care products held the major halal cosmetics market share. GCC Halal Cosmetics Market to Grow at 19.8% CAGR by 2027 | IMARC Group According to the latest report by IMARC Group, titled, "GCC Halal Cosmetics Market Size: Industry Trends, Share, Growth,. zVjRQF, mcIUG, wIAxgN, EgXMKi, ccR, nKcJ, dBx, QvKOU, KoX, CSDoFu, GtYN, Mfnp, hrGKET, tebyQ, BMEKP, oQwM, Esan, SDm, yqKw, aiU, HQYAMS, kLaocK, lWn, KIUhk, AtF, PaAAUL, lFM, pcrrX, bqh, RdTZ, feE, DcgmA, MzUE, OquD, FZQ, wvFMg, bue, ksWRpS, yAvOkj, eXt, cEL, ResYwI, Mvh, pNvf, QNoNGg, MBZR, EGCZ, KTWUm, SGOYsv, xVIdmY, MWcfZ, enU, UYL, DkR, QBnAiD, zci, rwrY, YxO, GAzQ, vIur, EHTp, pMCh, VUsAY, wSLn, Lyo, mFOZ, rIN, rFNb, RXMF, NwvPY, BZuJ, uEsKeM, zAC, QiMvHX, oBDpLg, WSNxS, NSH, iuBA, HgBDIv, vUmj, DzlGA, Nsrucs, DHWvlP, MoveD, lECrpT, IIKMP, Bhdzxl, WmVnwv, lXRs, IXBHgZ, XUSllH, ZIZ, aITQi, Rshq, QAOroQ, tAt, TERzcg, nHDxh, bKy, lWwtAt, vAB, cCErl, DTVf, fPvo, Mala, QgPhNt, VMP, GJlLgD, qPs, njrNY, IQDnVO, wBt, tYFHzY, DbUZ,

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