Halal Cosmetics and Personal Care Market Size to Grow USD 17,897.92 Million from 2022 to 2027: A Descriptive Analysis of the Customer Landscape, Supplier Rating and Market Dynamics

NEW YORK, January 24, 2023 /PRNewswire/ — The global market for halal cosmetics and personal care size is estimated to increase USD 17,897.92 million from 2022 to 2027. The growth momentum of the market will increase at a CAGR of 4.67% during the forecast period – Request a sample report

Technavio has announced its latest market research report titled Global Halal Cosmetics and Personal Care Market 2023-2027

Global Halal Cosmetics and Personal Care Market – Vendor Analysis
Supplier offers –

  • Amara beauty – The company offers halal cosmetics and personal care products such as facial serum, toner and facial mask.

  • Clara international beauty group – The company offers halal cosmetics and personal care products such as face cream and massage oil.

  • Ecotrail Personal Care Pvt. Ltd – The company offers halal cosmetics and personal care products through the Iba Halal care brand.

  • Halal Beauty Inc. – The company offers halal cosmetics and personal care products such as lipstick, foundation and eyeliner.

  • INGLOT cosmetics – The company offers halal cosmetics and personal care products such as eyeliner, lipstick and multi-action toner.

  • For more information about suppliers and their offerings – Buy the report!

supplier landscape –

The global market for halal cosmetics and personal care is fragmented. Some prominent suppliers offering halal cosmetics and personal care in the market are Amara Beauty, Clara International Beauty Group, Claudia Nour Cosmetics, Ecotrail Personal Care Pvt. Ltd., Halal Beauty Inc., INGLOT Cosmetics, INIKA Organic, Ivy Beauty Corp. Sdn Bhd, LENA BEAUTY Ltd., Martha Tilaar group, Nurraysa Global Sdn Bhd, OnePure LLC, PHB Ethical Beauty Ltd., PT Martina Berto Tbk, PT Paragon Technology and Innovation, Saaf Beauty, SAFI, Sampure Minerals, SO.LEK Cosmetics and Talent Cosmetics Co. Ltd.

The market is consolidated, with the presence of some players offering halal cosmetic products. There is a strong presence of premium and drugstore cosmetics. Therefore, the competitive intensity in the market is expected to remain stable over the forecast period. However, the trend of supplier alliances may lead to more consolidation in the market.

Global Halal Cosmetics and Personal Care Market – Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines:

Global Halal Cosmetics and Personal Care Market – Segmentation Assessment

Segment overview
Technavio has segmented the market based on product (halal color cosmetics and other halal BPC products) and distribution channel (offline and online).

  • The halal color cosmetics segment will grow significantly during the forecast period. In countries like the UAE, Indonesia, Malaysia, Indiaand Singapore, the demand for standardized halal color cosmetics is high. Halal certifications help manufacturers gain consumer confidence. Some of the popular brands in the halal color cosmetics category are Inika, Sampure Minerals, Sariayu, Amara Cosmetics, SO.LEK COSMETICS, PHB Ethical Beauty and Ecotrail Personal Care.

Geography overview
On the basis of geography, the global halal cosmetics and personal care market has been segmented into APAC, Middle East and Africa, Europe, North Americaand South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global halal cosmetics and personal care market.

  • APAC is estimated to account for 43% of the growth of the global market during the forecast period. Countries in APAC, such as Indonesia, India, Malaysiaand Pakistan, have a sizable Muslim population, fueling the growth of the regional market. Improved economic development, growth in disposable income, increase in the number of working women, increasing interest in beauty and fashion, and improved standardizations and certifications for halal products are some of the other factors influencing the growth of the market in APAC.

Download a sample report

Global halal cosmetics and personal care marketMarket dynamics

Leading Drivers – The growing interest in personal care drives the growth of the market. Halal BPC products are popular among Muslim consumers around the world. Therefore, many manufacturers have introduced halal cosmetics and personal care products to meet the demand. Moreover, the increasing interest in personal care is expected to increase the sales volume of halal cosmetics and personal care products during the forecast period. This, in turn, will drive the growth of the market.

Main trends – The emerging demand for halal personal care and grooming products for men is an important trend in the market. Vendors are trying to capitalize on this trend by introducing halal personal care and grooming products for men. Some of the main categories for halal BPC products for men are skin care products, hair care products and fragrances. Celebrity endorsements have further fueled interest in men’s personal care and grooming products. These factors will support the growth of the market during the forecast period.

Major challenges – An increase in production costs challenges market growth. Halal cosmetics and personal care products are more expensive than regular cosmetics because they use natural ingredients. In addition, halal certifications are difficult to obtain and expensive. As a result, sellers have to make high investments and sell their products at higher prices. This, in turn, will hinder the growth of the market over the forecast period.

Drivers, trends and challenges impact market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Halal Cosmetics and Personal Care market report?

  • CAGR of the market during the forecast period

  • – Detailed information on factors that will propel the halal cosmetics and personal care market growth between 2023 and 2027

  • Accurate estimation of the size of the halal cosmetics and personal care market and its contribution to the parent market

  • Accurate predictions about upcoming trends and changes in consumer behavior

  • Growth of halal cosmetics and personal care market in APAC, Middle East and Africa, Europe, North Americaand South America

  • A thorough analysis of the competitive landscape of the market and detailed information on suppliers

  • – Comprehensive analysis of factors that will challenge the growth of halal cosmetics and personal care market vendors

Get instant access to over 17,000 market research reports.

Technavio’s SUBSCRIPTION platform

Related Reports:

The premium cosmetics market is estimated to grow at a CAGR of 8.9% between 2022 and 2027. The size of the market is expected to increase at $55,503.21 million. This report comprehensively covers the market segmentation by product (skin care products, fragrances, color cosmetics, hair care products and others), distribution channel (offline and online) and geography (APAC, Europe, North America, South Americaand Middle East and Africa).

The vegan cosmetics market is estimated to grow at a CAGR of 6.5% between 2022 and 2027. The size of the market is expected to grow by USD 5,872.81 million. This report comprehensively covers the market segmentation by distribution channel (offline and online), type (skin care, hair care, cosmetics and others) and geography (Europe, North AmericaAPAC, South Americaand Middle East and Africa).

Market size of halal cosmetics and personal care

Report coverage

Details

Page number

154

Base year

2022

Historical period

2017-2021

Forecast period

2023-2027

Growth Momentum & CAGR

Accelerate at a CAGR of 4.67%

Market Growth 2023-2027

USD 17,897.92 million

Market structure

Fragmented

Year on year growth 2022-2023 (%)

4.33

Regional analysis

APAC, Middle East and Africa, Europe, North America and South America

Carrying out market contribution

APAC at 43%

Key countries

Turkey, Saudi Arabia, Iran, Indonesia and India

Competitive landscape

Leading suppliers, supplier market positioning, competitive strategies and industry risks

Key companies profiled

Amara Beauty, Clara International Beauty Group, Claudia Nour Cosmetics, Ecotrail Personal Care Pvt. Ltd., Halal Beauty Inc., INGLOT Cosmetics, INIKA Organic, Ivy Beauty Corp. Sdn Bhd, LENA BEAUTY Ltd., Martha Tilaar group, Nurraysa Global Sdn Bhd, OnePure LLC, PHB Ethical Beauty Ltd., PT Martina Berto Tbk, PT Paragon Technology and Innovation, Saaf Beauty, SAFI, Sampure Minerals, SO.LEK Cosmetics and Talent Cosmetics Co. Ltd.

Market dynamics

Parent market analysis, market growth drivers and barriers, fast growing and slow growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and analysis of market conditions for the forecast period.

Customer focus

If our report doesn’t contain the data you’re looking for, you can contact our analysts and get custom segments.

Browse Technavio’s market reports for consumer goods staples

Index

1. Summary

2 Market landscape

3 Market Size

4 Historical market size

5 Five forces analysis

6 Market segmentation by product

7 Market segmentation by distribution channel

8 Customer landscape

9 Geographical landscape

10 drivers, challenges and trends

11 supplier landscape

12 Supplier Analysis

13 Appendix

About us
Technavio is a leading global technology research and consulting firm. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies across 50 countries. Their customer base includes companies of all sizes, including over 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio research
Jesse Maida
Media and Marketing Officer
USA: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Global Halal Cosmetics And Personal Care Market 2023-2027

Global Halal Cosmetics And Personal Care Market 2023-2027

decision

decision

View original content to download multimedia: https://www.prnewswire.com/news-releases/halal-cosmetics-and-personal-care-market-size-to-grow-by-usd-17-897-92- million-from-2022-to-2027-a-descriptive-analysis-of-the-customer-landscape-vendor-assessment-and-market-dynamics—technavio-301727942.html

SOURCE Technavio

Halal Cosmetics and Personal Care Market Size to Grow USD 17,897.92 Million from 2022 to 2027: A Descriptive Analysis of the Customer Landscape, Supplier Rating and Market Dynamics

Leave a Reply

Your email address will not be published.

Scroll to top