Global Halal Cosmetics Market By Overview
Halal cosmetics market accounted for USD 26 Billion in 2019 and is estimated to be USD 86.2 Billion by 2029 and is anticipated to register a CAGR of 12.9%.
Halal cosmetics are a beauty care product which is used for enhance appearance and odour of the human body which is allowed according to islamic sharia law. Halal cosmetics product does not contain ingredients that are derived from animals as they are prohibited by sharia Islamic norms or from animals that were slaughtered in a non halal way. Moreover, halal cosmetics are widely identified for purity and quality assurance.
Global Halal Cosmetics Market By Drivers & Restraints
Increasing muslim population
Increasing muslim population all over the world is major driving factor for growth of the halal cosmetics market. In addition, according to farhan tufail C.E.O., halal certification services (switzerland) is 52% muslims are under 24 years of age and part of a connected generation. This is factor supports the growth of the halal cosmetics market. Furthermore, halal cosmetics are recognized as a safe, clean, and hygienic, which is also expected to propel the growth of halal cosmetics market.
Increasing awareness about halal cosmetics
In addition, increasing awareness about the halal cosmetics through internet advertisement by manufacturer also drives the halal cosmetics market. However, high cost and lack of knowledge about halal cosmetics is expected to hamper the growth of target market. Further, according to farhan tufail, C.E.O., halal certification services (switzerland) by 2050 upto 40% world population could be a muslims, which provides a lucrative opportunity for halal cosmetics market.
Global Halal Cosmetics Market By Segmentations & Regional Insights
Halal cosmetics market has been segmented on the basis of product type, application, distribution channel, and region.
On the basis of product type is the target market classified into personal care, color cosmetics, and fragrances. Based on application, the target bifurcated into hair care, skin care, face care, beauty care. On the basis of distribution channel, the target market categorized into offline and online.
Regional Insights:
On the basis of region, the halal cosmetics market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Middle East countries such as Saudi Arabia, UAE, Qatar, and Kuwait are expected to dominate the halal cosmetics market due to large pool of muslim populations. The Asia Pacific is expected to capture largest market share due to emerging countries such as India, Malaysia, Bangladesh, Pakistan, Indonesia coupled with improving social economic factor.
Attribute |
Details |
Base year for estimation |
2019 |
Forecast period |
2019 – 2029 |
Market representation |
Revenue in USD Billion & CAGR from 2019 – 2029 |
Market Segmentation |
By Product Type- Personal Care, Color Cosmetics, And Fragrances By Application- Hair Care, Skin Care, Face Care, Beauty Care By Distribution Channel– Online and Offline |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the halal cosmetics market report based on application, and region.
Halal cosmetics market, By Region:
- North America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Germ
- nyUK
- FranceRussia
- Italy
- Rest of Europe
- U.S.
- Canada
- Middle East & Africa
Global Halal Cosmetics Market By Competitive Landscape & Key Players
Key players in the Halal Cosmetics market includes Amara Cosmetics Inc., Pure Halal Beauty Inc., SAAF International Ltd, Sampure Minerals, Inika Cosmetics, Martha Tilar Group, One Pure International Group Ltd., Ivy Beauty Corp., MMA Biolab, The Halal Cosmetics Company, Inika, and Talent Cosmetics Co. Ltd.
Global Halal Cosmetics Market By Company Profile
- Amara Cosmetics Inc.
- Pure Halal Beauty Inc.
- SAAF International Ltd
- Sampure Minerals
- Inika Cosmetics
- Martha Tilar Group
- One Pure International Group Ltd.
- Ivy Beauty Corp.
- MMA Biolab
- The Halal Cosmetics Company
- Inika
- Talent Cosmetics Co. Ltd.
FAQs
Halal cosmetics market is segmented based on product type, application, distribution channel and region.
Increasing Muslim Population and awareness regarding halal cosmetic drives the market.
The Middle East countries such as Saudi Arabia, UAE, Qatar, and Kuwait are expected to dominate the global halal cosmetics market due to large pool of muslim populations. The Asia Pacific is expected to capture largest market share due to emerging countries such as India, Malaysia, Bangladesh, Pakistan, Indonesia coupled with improving social economic factor.
The companies are focusing on acquisitions and collaboration strategies to strengthen its market, which is expected to fuel the markets growth.