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Halal Cosmetics Market Demand, Product Reviews, Manufacturer, Brand Statistics, Global Expenditures, Industry Size, Share, Segments, Growth Opportunities, Future Trend and Forecast to 2023

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Halal Cosmetics Market Demand, Product Reviews, Manufacturer, Brand Statistics, Global Expenditures, Industry Size, Share, Segments, Growth Opportunities, Future Trend and Forecast to 2023

September 17
20:15 2019
Halal Cosmetics Market Demand, Product Reviews, Manufacturer, Brand Statistics, Global Expenditures, Industry Size, Share, Segments, Growth Opportunities, Future Trend and Forecast to 2023

Halal Cosmetics Market Research Report
Halal Cosmetics Market Research Report by Product Type (Hair care, skin care, color cosmetics, and Others), Distribution Channel (Store-based and Non-store-based), and Region (North America, Europe, APAC, RoW) Global Industry Forecast to 2023

Halal Cosmetics Market Snapshot:

Market Research Future (MRFR) perceives the global halal cosmetics market to have a noteworthy growth and advance at a CAGR of 13.40% over the forecast period which ends in 2023. The Global Halal Cosmetics Market was valued at USD 22.74 Bn in 2017 and is expected to surpass USD 52 Bn mark by the end of 2023. Halal cosmetics are innovation to the cosmetic industry which comply with the concept of halal (permissible) materials in cosmetics. The trend of making halal-certified cosmetics has been among the top agendas of players in the cosmetics industry.

Surging awareness regarding animal welfare, social responsibility and environmentally friendly products coupled with growing trend of veganism has been a major drive for the growth of the global halal cosmetics market. Animal testing for beauty products has been banned in various parts of the world and various public figures have been a critical influence for the market growth. Various celebrities are promoting the use of cruelty-free products which encourage consumers to opt for halal cosmetics.

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To capitalize on the massive popularity of halal cosmetics, various multi-national players are making cruelty-free or halal cosmetics to appeal to a wider range of consumers. 

Top Key Players:

  • Iba Halal Care
  • PHB Ethical Beauty
  • Martha Tilar Group
  • SaafSkinCare
  • One Pure
  • Halal Cosmetics Company
  • Ivy Beauty Corporation Sdn Bhd.
  • Wardah Cosmetics
  • Clara International
  • Inika
  • Brataco Group of Companies
  • Talent Cosmetics Ltd.
  • Amara Cosmetics
  • Sampure Minerals
  • Wipro Unza
  • Mena Cosmetics
  • MMA Bio Lab Sdn Bhd.
  • Paragon Technology and Innovation 

Segmentation

The Global Halal Cosmetics Market has been segmented based on Product Type and Distribution Channel. 

Product TypeWise, the global halal cosmetics market has been segmented into hair care, skin care, color cosmetics, multifunctional, and others.

By Distribution Channel, the market has been segmented into store-based and non-store-based. The store-based segment has been further segmented into supermarkets & hypermarkets, convenience stores, and others.

Regional Analysis

North America, Europe, Asia Pacific, and the Rest of the World (RoW) are the key markets for halal cosmetics. The North America market for halal cosmetics is considerably large and is driven by presence of many cosmetics companies who are rapidly foraying into the halal cosmetics space. In addition, high disposable income and substantial demand for halal cosmetics owing to growing popularity. 

Europe is also a significant market and its growth can be exclusively accredited to the presence of some top-notch cosmetic companies in the region. Moreover, animal testing for beauty-care products is barred in Europe which also creates a conducive environment for the growth of the halal cosmetics market.

The Rest of the World is also expected to fare well in the coming years, especially the Middle East market due to the presence of Muslim-dominated populace in the region and their preference for halal cosmetics.

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TABLE OF CONTENTS

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

Continue………………

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Website: https://www.marketresearchfuture.com/reports/halal-cosmetics-market-6665