Halal Cosmetics Market By Product Type (Skin Care, Hair Care, Oral Care, Color Cosmetics) - Growth, Share, Opportunities & Competitive Analysis, 2017 - 2025

The word "halal," in context to cosmetics, means products which is manufactured, and composed of ingredients acceptable by the Islamic Sharia law. Halal cosmetics market is projected to grow with a CAGR of 12.9% from 2017 to 2025. Rising purchasing power and awareness about benefits of halal cosmetics among the consumers is increasing the demand for halal products. Due to the increasing demand of halal cosmetic products, companies are trying to diversify their product offerings. Some Muslims consumers are prefer shopping of personal care and beauty-care brands which are sharia obedient and avoid using products having ingredients such as pork fat, non-halal animal derivatives, and alcohol. Halal laws are different for different countries, due to which manufacturers find difficult to meet the standardized set of guidelines, which in turn restraining the growth of the global halal cosmetics market.

The Asia Pacific was the dominating region and was accounted for approximately 62.2% of the overall market revenue in 2016, as the region have significant Muslim population with good socio-economic environments. The Middle East & Africa is projected to observer a significant growth, due to the authority of Islamic code. The region is anticipated to grow with a CAGR of 13.1% from 2017-2025.

Halal Cosmetics Market

The report titled “Global Halal Cosmetics Market - Growth, Future Prospects and Competitive Analysis, 2017– 2025” offers strategic insights into the global halal cosmetics industry along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on halal cosmetics market size, product type and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, trends, restraints and opportunities. The report incorporates a separate section highlighting key trends analysis of the overall halal cosmetics market.

In order to help the strategic decision-makers, the report also includes profiles of the leading halal cosmetics manufacturers, their business strategies and key developments. Some of the major players profiled in the report are Clara International, INGLOT, INIKA Cosmetics, Ivy Beauty, Maicare Marketing, Martha Tilaar Group, MMA Bio Lab (IMED Lab), PHB Ethical Beauty, Saaf Skincare and Prolab Cosmetics, Talent Cosmetic Co., Ltd., The Halal Cosmetics Company, and Zelcos. Further, the report also covers the market positioning of the key players operating in the calcium formate market. The section further includes a brief on key strategies adopted by the major players operating in the market. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the halal cosmetics industry
  • Market driver, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global halal cosmetics market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

For the purpose of this study, the global halal cosmetics market is categorized into the following geographies and sub-geographies:

  • North America (US, Canada)
  • Europe (U.K., Germany, Rest of Europe)
  • Asia Pacific (Japan, China, India and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Asia Pacific)
  • Middle East and Africa (GCC and Rest of Middle East and Africa)

Halal Cosmetics Market

Asia Pacific is the largest region growing with a CAGR of 13.3% from 2017-2025. South East Asian countries such as South Korea, Indonesia, Singapore, Malaysia, and Thailand are likely to have a significant growth due to a rise in Islamic population along with huge unexploited potential in developing economies. Middle East & Africa is projected to show a significant growth due to the supremacy of Islamic philosophy. The region accounted for about 7.7% share of the overall market in 2016. European region is anticipated to grow at a constant rate, due to the presence of global players in the region.

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Published Date:  Jul 2017
Category:  Consumer Goods
Report ID:   58194
Report Format:   PDF
Pages:   120
Rating:    4.1 (65)
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