Halal Cosmetics Market Size, Share, Trends, Demand, Growth and Competitive Analysis| MarkNtel
MarkNtel Advisors
recently published a detailed industry analysis of the Halal Cosmetics Market. The report covers growth trends, geographical
marketing strategies, challenges, opportunities, and drivers influencing the
market.
Halal Cosmetics Market Size, Share, and
Trends Analysis Report – Industry Overview and Forecast to 2028
The Halal Cosmetics Market is projected
to grow at a CAGR of around 11.0% during the forecast period, i.e., 2023-28.
What are
the major Driver the Halal Cosmetics industry?
Growing Muslim Population and Demand for
Quality Products - The
increasing demand for halal grooming, hygiene, and self-care products amongst
the growing Muslim population has driven the industry. Besides, Halal Cosmetics
are popular to possess certain quality and standards due to governmental
certifications and religious rules, upgrading their value, hence exemplifying
the market.
Islamic law
prohibits ingredients sourced from pigs, blood, human body parts, reptiles, and
insects and also states that the processing, storage, and transportation of the
product to be done hygienically. Thus, the hyped safety and quality of the
products have been gaining market traction in the cosmetic industry during the
historical period and are expected to continue in the same way during the
forecasting period.
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What segments define the Halal Cosmetics
market from 2023 to 2028? How do these segments contribute to market dynamics
and growth?
- By
Product Type
- Personal Care Products
- Color Cosmetics
- Fragrances
According to report, Among all, Personal
Care Products are expected to witness the highest market growth in the forecast
period.
- By
Application
- Hair Care
- Skin Care
- Face Care
- Beauty Care
According to report, Here, Hair Care Application garnered a significant
market share during the historical period and is expected to continue in the
same trend in the forthcoming years.
- By Distribution Channel
- Online
- Offline
Explore the Complete Halal Cosmetics Market
Analysis Report – https://www.marknteladvisors.com/research-library/halal-cosmetics-market.html
Geographical Analysis: Halal Cosmetics
Market
o North America
o South America
o Europe
o The Middle East & Africa
o Asia-Pacific
Halal Cosmetics Market Share &
Competitive Landscape:
The Halal
Cosmetics Market is characterized by intense competition, with several key
players driving growth through innovation, market expansion, and strategic
investments. The competitive landscape provides valuable insights into the
industry's leading companies, highlighting their strengths, financial
performance, and market influence.
Leading Companies in the Halal Cosmetics
Market are:
- Amara Cosmetics
- Brataco Group Of Companies
- Clara International Beauty Group
- Halal Cosmetics Company
- Iba Halal Care
- Inika
- Mena Cosmetics
- Phb Ethical Beauty
- Sampure Minerals
- Wardah Cosmetics
Halal Cosmetics Industry
Recent Development:
- In
November 2022, Believe Company invested 10 million USD in
partnering with Iba Halal Care Cosmetics to distribute and expand their
retail market space across operating countries, including Middle Eastern,
South Asian, and European countries.
- In
April 2022, Inika launched its new cosmetics collection
named Pure and Purpose, which includes Lash & Brow Serum, Hydrating
Toning Mist, Eyeshadow Quads, Brow Palette, and more products claiming to
be 100% natural, vegan-certified, halal-certified, and
cruelty-free.
Questions Addressed in this Study
1.What factors are
driving the Halal Cosmetics Market growth?
2.How is the Halal
Cosmetics Market expected to grow over the next five years?
3.What are the key
insights into the current trends in the Halal Cosmetics Market?
4.What is the
current size of the Halal Cosmetics Market, and how is it projected to change
in the future?
6.What is the
future outlook for the Halal Cosmetics Market in terms of technological
advancements and market expansion?
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in niche industries & emerging geographies allows our clients to formulate
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