The latest report by IMARC Group, titled “Halal Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the halal cosmetics industry share. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global halal cosmetics market size reached US$ 33.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 71.3 Billion by 2032, exhibiting a growth rate (CAGR) of 8.6% during 2024-2032.
Halal Cosmetics Market Trends:
The global halal cosmetics market is experiencing significant growth due to several the increasing awareness and demand for halal-certified products among Muslim consumers, who seek assurance of compliance with Islamic laws. Additionally, the rising global Muslim population, with higher disposable incomes and a growing preference for ethically produced and cruelty-free beauty products, is driving the demand for halal cosmetics.
The broader trend towards natural and organic products in the beauty industry is also contributing, as halal cosmetics often emphasize clean, natural ingredients. Innovations in product formulations and packaging, ensuring both quality and adherence to halal standards, are enhancing consumer appeal. Along with this, the expansion of distribution channels, including e-commerce platforms and specialized retail outlets, is making halal cosmetics more accessible to a global audience. Furthermore, the increasing influence of social media and halal beauty influencers is raising awareness and boosting the adoption of halal cosmetics worldwide.
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Halal Cosmetics Market Scope and Growth Analysis:
The market encompasses a diverse range of products, including skincare, haircare, makeup, and fragrances, catering to the specific needs of Muslim consumers and those seeking ethical beauty options. This broad scope highlights the versatility and growing appeal of halal cosmetics across different demographic groups. Market growth analysis reveals a strong upward trajectory, driven by continuous product innovation and expanding consumer base. The development of multifunctional products, such as halal-certified sunscreens with skincare benefits, is creating new market opportunities. The market is also benefiting from strategic collaborations between beauty brands and halal certification bodies to ensure product authenticity and quality.
In addition, the increasing presence of halal cosmetics in mainstream retail chains and their promotion through targeted marketing campaigns are expanding market reach. Concurrently, the rising demand for vegan and cruelty-free beauty products, aligning with the principles of halal certification, is further propelling market growth. Moreover, the global halal cosmetics market is poised for sustained expansion, supported by ethical consumer trends and increasing market penetration.
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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 (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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