The global halal cosmetics and personal care market is anticipated to grow at a CAGR of 6.5% during the forecast period (2022-2028). The major factor expected to drive the market growth is the rising focus on personal grooming and trending beauty products that adhere to religious loyalties. In addition, it is observed that millennial Muslim consumers extensively use halal beauty and personal care products, compelled by their religious obligations and set practices that are followed in Islam. This factor also supports the global halal cosmetics and personal care market to grow further during the forecast period. Furthermore, the rise in the Muslim population, development of the halal market, and increase in compliance with halal certification along with the multinational players such L’Oréal, Unilever, P&G, and others have potential opportunities to penetrate the halal cosmetics industry with an aim to cater to the increasing demand for halal cosmetic products. These are some causes that propel the growth of the global halal cosmetics and personal care market during the forecast period.
Some major players in the market include Clara International Beauty Group, IVY Beauty Corp. Sdn Bhd, and Amara Cosmetics, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in August 2020, L’Oréal announced the launch of Shade M Beauty a halal brand in Dubai to cater to the diverse Muslim consumer base. The company also added that the brand welcomes non-Muslim beauty consumers as well, “regardless of the morals that guide consumers, halal products are suitable for everyone.”
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product Type
- By Sales Channel
- By End-User
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Clara International Beauty Group, IVY Beauty Corp. Sdn Bhd, and Amara Cosmetics, among others
A full report Halal Cosmetics and Personal Care Market of is available at: https://orionmarketreports.com/halal-cosmetics-and-personal-care-market/107794/
Global Halal Cosmetics and Personal Care Market Report by Segment
By Product Type
- Skin Care
- Creams and Lotions
- Face Cleanser
- Others
- Hair Care
- Shampoo
- Conditioner
- Hair Oil
- Others
- Makeup
- Facial Products
- Eye Products
- Lip Products
- Nail Products
- Body Care
- Soaps
- Shower Gels
- Lotions
- Others
- Fragrance
By End-User
- Men
- Women
- Unisex
By Sales Channel
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Multi-Brand Stores
- Online Retailing
- Others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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