Halal Cosmetics and Personal Care Market Size to Grow by USD 17,897.92 Million from 2022 to 2027: Descriptive Analysis of Customer Landscape, Vendor Assessment and Market Dynamics

NEW YORK, January 24, 2023 /PRNewswire/ — The global market for halal cosmetics and personal care size is expected to increase by 17,897.92 million US dollars from 2022 to 2027. The market growth momentum will advance 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
Vendor Offers –

  • Amara Beauty – The company offers halal cosmetics and personal care products such as face serum, toner and face 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 its 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 details on suppliers and their offerings – Buy the report!

Seller Landscape –

The global market for halal cosmetics and personal care is fragmented. A few prominent vendors 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 several players offering halal cosmetic products. There is a strong presence of premium and drugstore cosmetics. Hence, the intensity of competition in the market is expected to remain stable during the forecast period. However, the trend of alliances between suppliers may lead to greater market consolidation.

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

Global Halal Cosmetics and Personal Care Market – Segmentation Assessment

Segment view
Technavio segments 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 at a significant rate during the forecast period. In countries like UAE, Indonesia, Malaysia, Indiaand Singapore, the demand for standardized halal color cosmetics is high. Halal certifications help manufacturers gain the trust of consumers. 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.

Geographical overview
On the basis of geographical location, the global halal cosmetics and personal care market is segmented into APAC, Middle East and Africa, Europe, North Americaand South America. The report provides actionable insights and assesses 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 global market growth during the forecast period. Countries in APAC such as Indonesia, India, Malaysiaand Pakistan, have a significant Muslim population, which is driving the growth of the regional market. Improved economic development, growth in disposable income, rise in the number of working women, growing interest in beauty and fashion, and improved standardization and certification for halal products are some of the other factors influencing the growth of the market in APAC.

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Global market for halal cosmetics and personal careMarket dynamics

Leading drivers – The growing interest in personal care drives market growth. Halal BPC products are popular among Muslim consumers worldwide. Therefore, many manufacturers have introduced halal cosmetics and personal care products to meet the demand. In addition, growing 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 market growth.

Key trends – The the growing demand for halal personal hygiene and care products among men is a key trend in the market. Suppliers are trying to capitalize on this trend by introducing halal personal care and men’s grooming products. Some of the main categories for halal BPC products for men include skin care products, hair care products and fragrances. Celebrity endorsements further generate interest in men’s personal care and grooming products. These factors will support the growth of the market during the forecast period.

Main challenges – Increasing production costs is a challenge for market growth. Halal cosmetics and personal care products are more expensive than regular cosmetics because they use natural ingredients. In addition, halal certificates are difficult to secure and expensive. As a result, sellers have to make large investments and sell their products at higher prices. This, in turn, will hinder the growth of the market during the forecast period.

Drivers, trends and challenges impact market dynamics that can impact business. Find more information in a sample report!

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

  • Market CAGR during the forecast period

  • Detailed information on the factors that will drive the growth of the Halal Cosmetics and Personal Care market between 2023 and 2027.

  • An accurate estimation of the Halal Cosmetics and Personal Care market size and its contribution to the parent market

  • Accurate predictions of upcoming trends and changes in consumer behavior

  • Halal Cosmetics and Personal Care Market Growth in APAC, Middle East and Africa, Europe, North Americaand South America

  • In-depth analysis of the competitive landscape of the market and detailed information on suppliers

  • A comprehensive analysis of factors that will drive vendor growth in the Halal Cosmetics and Personal Care market

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Market scope of halal cosmetics and personal care

Report coverage

Details

Page number

154

Base year

2022

Historical period

2017-2021

Estimated period

2023-2027

Growth momentum and CAGR

Accelerate at a CAGR of 4.67%

Market Growth 2023-2027

17,897.92 million US dollars

Market structure

Torn apart

Year-on-year growth 2022-2023 (%)

4.33

Regional analysis

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

Effective market contribution

APAC at 43%

Key countries

Turkey, Saudi Arabia, Iran, Indonesia and India

The competitive environment

Leading suppliers, market positioning of suppliers, 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

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

Range of customization

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

Check out Technavio’s consumer goods market reports

Content

1 Summary

2 Market landscape

3 Sizing the market

4 Historical market size

5 Five Forces Analysis

6 Market segmentation by products

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 company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 dedicated analysts, Technavio’s report library consists of more than 17,000 reports and growing, covering 800 technologies spanning 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Global Halal Cosmetics and Personal Care Market 2023-2027

Global Halal Cosmetics and Personal Care Market 2023-2027

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