Halal Cosmetics Market is estimated to be US$ 86.2 Billion by 2029 with a CAGR of 12.9%

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The halal cosmetics market refers to cosmetic products that comply with Islamic principles and are permissible for use by Muslims. Halal cosmetics are produced without the use of ingredients that are prohibited (haram) according to Islamic law, such as alcohol, pork-derived substances, and ingredients derived from animals not slaughtered according to Islamic guidelines. The market for halal cosmetics has gained significant traction as Muslim consumers seek products that align with their religious beliefs and ethical preferences.

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. The global halal cosmetics market accounted for US$ 26 billion in 2019 and is estimated to be US$ 86.2 billion by 2029 and is anticipated to register a CAGR of 12.9%.

Key Highlights:

  • Growing Muslim Population and Increasing Halal Awareness: The global Muslim population is expanding, leading to a rise in demand for halal products across various industries, including cosmetics. Muslim consumers are increasingly conscious of the ingredients used in personal care products and seek halal-certified options. The growing awareness of halal requirements and the desire for religiously compliant products are driving the growth of the halal cosmetics market.
  • Ethical and Cruelty-Free Focus: Halal cosmetics not only adhere to Islamic dietary guidelines but also emphasize ethical and cruelty-free practices. These products are often formulated without animal-derived ingredients and are not tested on animals, aligning with the principles of compassion and ethical consumption. The increasing preference for cruelty-free and ethical beauty products among consumers globally has contributed to the popularity of halal cosmetics.
  • Rising Demand for Natural and Organic Products: Halal cosmetics often emphasize the use of natural and organic ingredients, appealing to consumers who prioritize sustainability and eco-friendliness. The market has witnessed a shift towards clean beauty, with consumers seeking products that are free from harmful chemicals and environmentally friendly. Halal cosmetics, with their focus on natural ingredients and sustainability, are well-positioned to cater to this growing demand.
  • Global Market Expansion and Product Diversity: The halal cosmetics market has expanded beyond traditional Muslim-majority regions and gained global recognition. Major beauty brands are launching halal-certified product lines or reformulating existing products to meet halal requirements, widening the availability and diversity of halal cosmetics. This market expansion allows Muslim consumers worldwide to access a broader range of halal cosmetics, driving market growth.
  • Halal Certification and Consumer Trust: Halal certification plays a crucial role in the halal cosmetics market. Certification from reputable halal certification bodies instills confidence in consumers, assuring them that the products meet stringent halal standards. Manufacturers and brands that obtain halal certification for their cosmetics gain a competitive edge and build trust among Muslim consumers, thereby fostering market growth.

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Analyst View:

The halal cosmetics market growth is driven by growth in the Muslim population, development of the halal market, and rise in compliance with halal certification. Additionally, numerous players involved in the halal cosmetics market creates a productive growth opportunity for the global halal cosmetics market. With the growth in the Muslim population, the various players such as LOreal, P&G, Unilever, and others have impending opportunities to penetrate into the halal cosmetics industry with an aim to meet the growing demands for halal cosmetic products.

Key Market Insights from the report:        

The global halal cosmetics market accounted for US$ 26 billion in 2019 and is estimated to be US$ 86.2 billion by 2029 and is anticipated to register a CAGR of 12.9%. The market report has been segmented on the basis of product type, application, distribution channel, and region.

  • By product type, the personal care product segment dominates the target market owing to the growing number of Muslims willing to combine personal hygiene with religious observances. Halal personal care products have a wide range of product portfolio that has an extensive application in the daily lives of Muslim consumers due to religious adherence.
  • Byapplication, halal hair care products include hair oil, hair shampoo, hair gel, conditioner, hair massage creams, and others. Haircare application has been registering a leading position in the halal cosmetics application over the years due to the desire for healthy hair and specific interest along with hair styling, particularly among Muslim women.
  • By distribution channel, the target market is segmented into the Offline and Online sectors. An online distribution channel is expected to register dominating position for the target market in the coming years.
  • By region, Asia Pacific is expected to capture the largest market share due to emerging countries such as India, Malaysia, Bangladesh, Pakistan, Indonesia coupled with improving social-economic factors.

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Competitive Landscape:

The prominent player operating in the global 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.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Questions by Halal Cosmetics Market:

  1. What are the key market trends and market dynamics?
  2. Who are the major players in the market and what is their market share?
  3. What is the competitive landscape like in the market?
  4. What are the major drivers and restraints affecting the market?
  5. What are the growth opportunities in the market?
  6. What are the regional and local market conditions and consumer behavior?
  7. What is the market size and growth forecast for different regions and countries?
  8. What is the impact of government regulations and policies on the market?

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