Halal Cosmetics Market, by Product Type (Skin Care, Hair Care, Color Cosmetics, and Fragrances), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, and Others) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global halal cosmetics market size is projected to reach USD 42 billion by 2026 at a CAGR of 20% from USD 31 billion in 2021 during the forecast period 2021-2028.
“Halal” refers to the products that are manufactures, produced and composed on the basis of law of sharia. This simply means that the products don’t contain the derivatives of pig or any other haram items.
With the rising population of Muslims along with the increased demand for organic color cosmetics and the various online channel are some of the factors that have supported long-term expansion for Halal Cosmetics Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. Pandemic had both positive and negative impact on the market. Opportunities were created for new product lines such as hand cream, face cream and sanitizers on the other hand the decreased demand has also impacted the market.
Asia Pacific is expected to be the largest market during the forecast period. With the increased population of Muslims in the region has created the surge of the demand in the region.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 31 billion |
Growth Rate |
CAGR of 20% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
Report Segmentation |
Product type, distribution channel and geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
IBA Halal care, MMA BIO LAB SDN BHD, Ecotrail Personal Care, CLARA INTERNATIONAL BEAUTY GROUP, and INIKA Organic |
Available Customization |
In addition to the market data for Halal Cosmetics Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Halal Cosmetics Market is segmented into material type, end use, implementation and geography.