Halal Cosmetics Market Growth, Trends, Size, Revenue, Share, Challenges and Future Outlook
Halal Cosmetics Market Size- By Product Type, By Application, End-User, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Aug-2023 | Report ID: FMCG2393 | Pages: 1 - 244 | Formats*: |
| Category : Consumer & Retail | |||
Halal Cosmetics Market Introduction and Overview
According to SPER Market Research, the Global Halal Cosmetics Market is estimated to reach USD 140.92 billion by 2033 with a CAGR of 12.99%.
The report includes an in-depth analysis of the Global Halal Cosmetics Market, including market size and trends, product mix, distribution channels, and supplier analysis. Halal cosmetics are products adhering to Islamic principles, permissible for use by Muslims and those following halal guidelines. They contain no prohibited substances such as alcohol or pork-derived ingredients and are manufactured with ethical and environmentally friendly practices. Halal certification ensures compliance, verifying ingredients and production meet halal standards. Muslim consumers choose halal cosmetics to align their daily routines with religious beliefs.
- November 2022: Iba Cosmetics collaborated with the Singapore-based Believe firm. Believe has spent USD 10 million in a partnership with Iba Cosmetics to distribute and extend its retail market space throughout operational nations such as the Middle East, Europe, and South Asia.
- Rising Awareness and Religious Observance: Consumers worldwide, not only Muslims but also non-Muslims, are becoming more conscious of halal certifications and are seeking products that align with their ethical values. This trend is promoting the adoption of halal cosmetics beyond the Muslim-majority regions.
Market Opportunities and Challenges
The most crucial market opportunity for Halal cosmetics lies in the continuously expanding Muslim population worldwide and the increasing awareness of Halal products among Muslim consumers. The global Muslim population has been on the rise, and this demographic tends to seek products that align with their religious beliefs and ethical values. Halal cosmetics, which are manufactured following Islamic guidelines and free from haram (forbidden) ingredients, fulfil this demand. As Muslim consumers become more conscious about the ingredients and sourcing of their personal care products, they are likely to drive the demand for Halal cosmetics across various regions.
One of the significant challenges facing the Halal cosmetics market is the lack of uniform global standards and certifications. Different countries or regions might have their own Halal certification bodies, leading to varying interpretations of what constitutes Halal compliance. This lack of standardization can create confusion and inconsistency, making it difficult for both consumers and businesses to navigate the market confidently. To address this challenge, there is a need for greater collaboration between international Halal certification organizations to establish harmonized standards and ensure consistent product quality and compliance across borders. Achieving a globally recognized and unified Halal certification process would boost consumer trust and facilitate the growth of the Halal cosmetics market.
Market Competitive Landscape
The. The key players in the global Halal Cosmetics market include Amara Halal Cosmetics, Brataco Group of Companies, Clara International Beauty Group, Elaheh Halal Cosmetics Inc, Flora & Noor, IBA Halal Care, INIKA Organic, Ivy Beauty Corporation Sdn Bhd, Kao Corporation, Martha Tilaar Group, Mena Cosmetics, PHB Ethical Beauty, Sampure Minerals, Talent Cosmetics, The dUCk Group, Wardah Cosmetics, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Application, End-User, By Distribution Channel |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Amara Halal Cosmetics, Brataco Group of Companies, Clara International Beauty Group, Elaheh Halal Cosmetics Inc, Flora & Noor, IBA Halal Care, INIKA Organic, Ivy Beauty Corporation Sdn Bhd, Kao Corporation, Martha Tilaar Group, Mena Cosmetics, PHB Ethical Beauty, Sampure Minerals, Talent Cosmetics, The dUCk Group, Wardah Cosmetics, Others |
COVID-19 Impact on Global Halal Cosmetics Market
The COVID-19 pandemic caused disruptions in the supply chain of halal cosmetics due to restrictions on transportation and trade, leading to potential delays and higher costs. However, the market experienced a shift in consumer preferences, with an increased demand for halal cosmetics, especially in Muslim-majority countries, driven by health and ethical considerations. The pandemic also boosted e-commerce adoption, resulting in higher online sales of halal cosmetics as consumers preferred the safety and convenience of shopping from home. On the other hand, reduced disposable income due to economic uncertainties and job losses impacted the overall cosmetics market, including halal cosmetics.
Key Target Audience:
- Beauty and cosmetics retailers
- Beauty influencers and bloggers
- Cosmetics manufacturers and brands
- E-commerce platforms
- Global beauty and personal care industry associations
- Halal beauty specialty stores
- Halal certification organizations
- Halal-conscious consumers
- International distributors and wholesalers
- Muslim consumers
Our in-depth analysis of the Halal Cosmetics Market includes the following segments:
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Key Topics Covered in the Report:
- Global Halal Cosmetics Market Size (FY’2023-FY’2033)
- Overview of Global Halal Cosmetics Market
- Segmentation of Global Halal Cosmetics Market By Product Type (Colour Cosmetics, Fragrances, Personal Care Products)
- Segmentation of Global Halal Cosmetics Market By Application (Beauty Care, Face Care, Hair Care, Skin Care)
- Segmentation of Global Halal Cosmetics Market By End User (Men, Women, Unisex)
- Segmentation of Global Halal Cosmetics Market By Distribution Channel (Convenience Stores, Hypermarkets/Supermarkets, Multi-brand Stores, Specialty Stores, Online Retailing, Other Sales Channel)
- Statistical Snap of Global Halal Cosmetics Market
- Expansion Analysis of Global Halal Cosmetics Market
- Problems and Obstacles in Global Halal Cosmetics Market
- Competitive Landscape in the Global Halal Cosmetics Market
- Impact of COVID-19 and Demonetization on Global Halal Cosmetics Market
- Details on Current Investment in Global Halal Cosmetics Market
- Competitive Analysis of Global Halal Cosmetics Market
- Prominent Players in the Global Halal Cosmetics Market
- SWOT Analysis of Global Halal Cosmetics Market
- Global Halal Cosmetics Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Halal Cosmetics Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Halal Cosmetics Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Halal Cosmetics Market
7. Global Halal Cosmetics Market, By Product Type (USD Million)
7.1. Global Halal Cosmetics Market Value Share and Forecast, By Product Type, 2023-20337.2. Colour Cosmetics7.3. Fragrances7.4. Personal Care Products
8. Global Halal Cosmetics Market, By Application (USD Million)
8.1. Global Halal Cosmetics Market Value Share and Forecast, By Application, 2023-20338.2. Beauty Care8.3. Face Care8.4. Hair Care8.5. Skin Care
9. Global Halal Cosmetics Market, By End-User (USD Million)
9.1. Global Halal Cosmetics Market Value Share and Forecast, By End-User, 2023-20339.2. Men9.3. Unisex9.4. Women
10. Global Halal Cosmetics Market, By Distribution Channel (USD Million)
10.1. Global Halal Cosmetics Market Value Share and Forecast, By Distribution Channel, 2023-203310.2. Convenience Stores10.3. Hypermarkets/Supermarkets10.4. Multi-brand Stores10.5. Online Retailing10.6. Specialty Stores10.7. Other Sales Channel
11. Global Halal Cosmetics Market Forecast, 2019-2033 (USD Million)
11.1. Global Halal Cosmetics Market Size and Market Share
12. Global Halal Cosmetics Market, By Product Type, 2019-2033 (USD Million)
12.1. Global Halal Cosmetics Market Size and Market Share By Product Type (2019-2026)12.2. Global Halal Cosmetics Market Size and Market Share By Product Type (2027-2033)
13. Global Halal Cosmetics Market, By Application, 2019-2033 (USD Million)
13.1. Global Halal Cosmetics Market Size and Market Share By Application (2019-2026)13.2. Global Halal Cosmetics Market Size and Market Share By Application (2027-2033)
14. Global Halal Cosmetics Market, By End-User, 2019-2033 (USD Million)
14.1. Global Halal Cosmetics Market Size and Market Share By End-User (2019-2026)14.2. Global Halal Cosmetics Market Size and Market Share By End-User (2027-2033)
15. Global Halal Cosmetics Market, By Distribution Channel, 2019-2033 (USD Million)
15.1. Global Halal Cosmetics Market Size and Market Share By Distribution Channel (2019-2026)15.2. Global Halal Cosmetics Market Size and Market Share By Distribution Channel (2027-2033)
16. Global Halal Cosmetics Market, By Region, 2019-2033 (USD Million)
16.1. Global Halal Cosmetics Market Size and Market Share By Region (2019-2026)16.2. Global Halal Cosmetics Market Size and Market Share By Region (2027-2033)
17. Company Profile
17.1. Amara Halal Cosmetics17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments17.2. Brataco Group of Companies17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments17.3. Clara International Beauty Group17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments17.4. Elaheh Halal Cosmetics Inc17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments17.5. Flora & Noor17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments17.6. IBA Halal Care17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments17.7. INIKA Organic17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments17.8. Ivy Beauty Corporation Sdn Bhd17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments17.9. Kao Corporation17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments17.10. Martha Tilaar Group17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments17.11. Mena Cosmetics17.11.1. Company details17.11.2. Financial outlook17.11.3. Product summary17.11.4. Recent developments17.12. PHB Ethical Beauty17.12.1. Company details17.12.2. Financial outlook17.12.3. Product summary17.12.4. Recent developments17.13. Sampure Minerals17.13.1. Company details17.13.2. Financial outlook17.13.3. Product summary17.13.4. Recent developments17.14. Talent Cosmetics17.14.1. Company details17.14.2. Financial outlook17.14.3. Product summary17.14.4. Recent developments17.15. The dUCk Group17.15.1. Company details17.15.2. Financial outlook17.15.3. Product summary17.15.4. Recent developments17.16. Wardah Cosmetics17.16.1. Company details17.16.2. Financial outlook17.16.3. Product summary17.16.4. Recent developments17.17. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Halal Cosmetics Market is projected to reach USD 140.92 billion by 2033, growing at a CAGR of 12.99% during the forecast period.
Halal Cosmetics Market grew in market size from 2023. The Market is expected to reach USD 140.92 billion by 2033, at a CAGR of 12.99% during the forecast period.
Halal Cosmetics Market CAGR of 12.99% during the forecast period.
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Halal Cosmetics Market size is USD 140.92 billion from 2023 to 2033.
Halal Cosmetics Market Segment is Covered By Product Type, By Application, End-User, By Distribution Channel
The North America region is anticipated to have the highest market share in Halal Cosmetics Market.
Halal cosmetics are products adhering to Islamic principles, permissible for use by Muslims and those following halal guidelines.
The key players in the market include Companies Covered Amara Halal Cosmetics, Brataco Group of Companies, Clara International Beauty Group, Elaheh Halal Cosmetics Inc, Flora & Noor, IBA Halal Care, INIKA Organic, Ivy Beauty Corporation Sdn Bhd, Kao Corporation, Martha Tilaar Group, Mena Cosmetics, PHB Ethical Beauty, Sampure Minerals, Talent Cosmetics, The dUCk Group, Wardah Cosmetics, Others
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