Halal Cosmetics Market Outlook, Size, Price Trends, Demand, Growth, Report 2023-2028

According to the latest report by IMARC Group, titled “Halal Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on halal cosmetics market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global halal cosmetics market size reached US$ 30.3 Billion in 2022. 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.

Halal cosmetics refer to beauty products that adhere to the Islamic guidelines as defined by the Quran. These cosmetics are crafted using ingredients that are permissible under Islamic law, and their production process avoids any contact with forbidden components or contaminants. The defining characteristic of these products is the absence of alcohol, pork-based materials, and other ingredients considered impure in Islam. Moreover, they are not tested on animals, aligning with the ethical aspect of Halal certification. The properties of Halal cosmetics often include natural, organic elements, making them appealing to health-conscious consumers beyond the Muslim community.

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Market Trends:

The global market is primarily propelled by the increasing Muslim population worldwide, heightening the demand for products that align with Islamic principles. In concert with this, a heightened consumer consciousness about the ethical aspects of these products, including their cruelty-free status and environmental impact, is further stimulating market expansion. Additionally, the rising affluence in Muslim communities is enabling greater expenditure on personal care items, fueling the demand for Halal cosmetics. There is also an escalating global interest in organic and natural ingredients, a domain where Halal cosmetics have a strong foothold. This trend is complemented by more aggressive marketing strategies by manufacturers aiming to attract both Muslim and non-Muslim customers. Furthermore, the burgeoning ethical consumerism movement finds resonance with Halal cosmetics, given their emphasis on ethical production practices.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/halal-cosmetics-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Clara International Beauty Group
• Halal Beauty Cosmetics
• INGLOT Cosmetics
• INIKA Organic
• IVY Beauty Corporation Sdn Bhd
• Martha Tilaar Group
• PHB Ethical Beauty Ltd
• Sampure Minerals

Explore Top Companies Blog by IMARC Group: https://www.imarcgroup.com/halal-cosmetics-companies-brands

Halal Cosmetics Market Segmentation:

Our report has categorized the market based on region, product type and distribution channel.

Breakup by Product Type:

• Personal Care Products
• Skin Care
• Hair Care
• Fragrances
• Others
• Color Cosmetics
• Face
• Eyes
• Lips
• Nails

Breakup by Distribution Channel:

• Online
• Offline

Breakup by Regional Insights:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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