Halal Cosmetic Trends and Forecast
The future of the global halal cosmetic market looks promising with opportunities in the online and offline markets. The global halal cosmetic market is expected to grow with a CAGR of 8.8% from 2024 to 2030. The major drivers for this market are shifting consumer preferences and awareness benefits halal cosmetics, rising need for ethically produced products, along with the strict requirements for halal certification, and efficient utilization of internet retail channels and digital marketing.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Halal Cosmetic by Segment
The study includes a forecast for the global halal cosmetic by product type, distribution channel, and region.
Halal Cosmetic Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Personal Care Products
• Color Cosmetics
Halal Cosmetic Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Online
• Offline
Halal Cosmetic Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Halal Cosmetic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies halal cosmetic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the halal cosmetic companies profiled in this report include-
• Clara International Beauty Group
• Halal Beauty Cosmetics
• INGLOT Cosmetics
• INIKA Organic
• IVY Beauty Corporation
• Martha Tilaar Group
• PHB Ethical Beauty
Halal Cosmetic Market Insights
Lucintel forecasts that personal care product will remain the larger segment over the forecast period due to increasing number of Muslims who are eager to integrate religious observances with personal hygiene.
Within this market, offline will remain the larger segment due to enabling the physical examination of products and facilitating instant purchases.
APAC is expected to witness highest growth over the forecast period due to growing awareness of halal products and increasing disposable incomes in the region.
Features of the Global Halal Cosmetic Market
Market Size Estimates: Halal cosmetic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Halal cosmetic market size by product type, distribution channel, and region in terms of value ($B).
Regional Analysis: Halal cosmetic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, distribution channel, and regions for the halal cosmetic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the halal cosmetic market.
Análisis de la intensidad competitiva de la industria basada en el modelo de cinco fuerzas de Porter.
Preguntas frecuentes
Q1. What is the growth forecast for halal cosmetic market?
Answer: The global halal cosmetic market is expected to grow with a CAGR of 8.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the halal cosmetic market?
Answer: The major drivers for this market are shifting consumer preferences and awareness benefits halal cosmetics, rising need for ethically produced products, along with the strict requirements for halal certification, and efficient utilization of internet retail channels and digital marketing.
Q3. What are the major segments for halal cosmetic market?
Answer: The future of the global halal cosmetic market looks promising with opportunities in the online and offline markets.
Q4. Who are the key halal cosmetic market companies?
Answer: Some of the key halal cosmetic companies are as follows:
• Clara International Beauty Group
• Halal Beauty Cosmetics
• INGLOT Cosmetics
• INIKA Organic
• IVY Beauty Corporation
• Martha Tilaar Group
• PHB Ethical Beauty
Q5. Which halal cosmetic market segment will be the largest in future?
Answer: Lucintel forecasts that personal care product will remain the larger segment over the forecast period due to increasing number of Muslims who are eager to integrate religious observances with personal hygiene.
Q6. In halal cosmetic market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing awareness of halal products and increasing disposable incomes in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the halal cosmetic market by product type (personal care products and color cosmetics), distribution channel (online and offline), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Halal Cosmetic Market, Halal Cosmetic Market Size, Halal Cosmetic Market Growth, Halal Cosmetic Market Analysis, Halal Cosmetic Market Report, Halal Cosmetic Market Share, Halal Cosmetic Market Trends, Halal Cosmetic Market Forecast, Halal Cosmetic Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.