The global halal cosmetics market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. One of the core factors that is fueling the market is the growing population of Muslims across the globe. Halal cosmetics have observed significant adoption among Muslim consumers owing to the increased demand for personal trending and grooming beauty products that follow religious loyalties. Most Muslims accept only halal products due to their strong religious beliefs that have expanded the halal cosmetics market prominently across the globe which is also projecting a great future potential for the market. As per the report of Countrymeters.info, in January 2022, Islam is the 2nd biggest religion per population with 24.9% of the total population across the globe.
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The COVID-19 pandemic had impacted the halal cosmetics market as it impacted the other cosmetics market. The nationwide lockdown across the globe impacted the supply chain and halted the production of products which declined the sales of products. Furthermore, the demand for halal cosmetics also declined among consumers as they were locked inside their homes. However, market players utilized the situation by creating opportunities for new product lines such as face creams, eye care, creams, and sanitizers as the pandemic had modified consumer demand for above-the-mask goods such as eye care, hand creams, face creams, and eye make-up, and others. As the situation normalized, the demand grew significantly for halal cosmetics in the market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Halal Cosmetics Market by Type
- Skincare
- Haircare
- Color Cosmetics
- Fragrances
Global Halal Cosmetics Market by Distribution Channel
- Online
- Offline
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Martha Tilaar Group
- MENA COSMETICS CO., LTD
- MMA BIO LAB SDN BHD PHB
- Ethical Beauty
- Kao Indonesia Chemicals
- Sampure Minerals
- WARDAH COSMETICS
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global halal cosmetics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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