The rising demand for luxury, and proven-by-convention cosmetics promises major growth for the halal cosmetics market. Growing number of global consumers are looking for safe, natural, and effective cosmetic products. The trend is likely to remain on the rise, as growth of e-commerce, global convergence of conventions with modern cosmetics, and growing influx of information remain key drivers of growth.
Moreover, social-media influencers remain highly essential as marketing tools, and room for lack of transparency remains less. On the other hand, demand for natural-ingredient based products, major advances in packaging, and rising disposable income among the Muslim population globally remain major impetus for growth of the halal cosmetics market.
The key concern for halal cosmetic manufacture is the positioning of their products
On one hand, the halal tradition mandates cutting meat-products in a certain way, while refraining from the usage of ingredients based on pork, alcohol, among others. However, certain ingredients like pork provide a source of cheap-oil for low-end cosmetics. Moreover, even among the Muslim population, the demand for halal often competes with demand for premium global brands, which may not adhere to conventional religious principles.
Growing Demand for Natural and Vegan Product Remains Key Driver for Growth:
The growing demand for vegan products, and the rising DIY trends in the cosmetics industry will drive major growth for the halal cosmetic market. The rising information among consumers, and growing consumer tilt towards animal-free products like vegan will drive major growth for the halal cosmetics market. Halal product manufacturers are keenly aware of the growing tide in their favour are working towards building products for global consumer base. For example, major brands are focusing on integrating natural ingredients in halal cosmetic products, as health-related concerns regarding cosmetics are on the rise.
Moreover, growing products include pork-free products to replace cheap oils in the conventional products. This has provided a major momentum for premium ethnic cosmetic industry, offering opportunities for growth for gelatin-based, fat-based, and premium-oil based cosmetics in the halal cosmetics market.
Halal Cosmetics Market Value Share Analysis, by Geography (2022)
The report titled “Halal Cosmetics Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global Halal Cosmetics Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global Halal Cosmetics Market is segmented on the basis of Product, Application, Distribution Channel, and geography. Based on Product, the global Halal Cosmetics Market is segmented into Personal Care Products, Color Cosmetics, and Fragrances. Based on Application, the global Halal Cosmetics Market is segmented into Hair Care, Skin Care, Face Care, and Beauty Care. Based on Distribution Channel, the global Halal Cosmetics Market is segmented into Online, Offline. Based on geography, the global Halal Cosmetics Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Belgium, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, the UAE, and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Halal Cosmetics Market. Further, market share of prominent companies in the global Halal Cosmetics Market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the Halal Cosmetics companies.
The global Halal Cosmetics Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the Halal Cosmetics business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global Halal Cosmetics Market.
Major players active in the global Halal Cosmetics Market include Amara Cosmetics, SAAF International, Pure Halal Beauty, Inika Cosmetics, Sampure Minerals.
The Halal Cosmetics Market is segmented as follows:
By Product
- Personal Care Products
- Skin Care
- Hair Care
- Others
- Colour Cosmetics
- Fragrances
By Application
- Hair Care
- Skin Care
- Face Care
- Beauty Care
By Distribution Channel
By Region
- North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of APAC
- South America
- Brazil
- Rest of South America
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of MEA