Halal Cosmetics Market 2022-2028

Description

List of Tables

Title:Global Halal Cosmetics Market Size, Share & Trends Analysis Report by Type (Skincare, Haircare, Color Cosmetics, and Fragrances), and by Distribution Channel (Online, and Offline) Forecast Period (2022-2028).

The global halal cosmetics market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. The growth of the global halal cosmetics market has been driven by the rise in the desire of young Muslim women to associate their interest in makeup and fashion with Islamic loyalties in countries such as Saudi Arabia, UAE, Malaysia, Iran, Indonesia, and others. As consumers are equally interested in fashion and makeup trends, the consumption of halal cosmetics has fueled the demand in the market, which will spur the global halal cosmetics industry. Such factors have created lucrative opportunities for multinational market players functioning in the global halal cosmetics market.

The global halal cosmetics market is segmented based on the type and distribution channel. Based on the type, the market is segmented into skincare, haircare, color cosmetics, and fragrances. Based on the distribution channel, the market is sub-segmented into online and offline. Based on distribution channels, the online segment is expected to grow significantly in the market during the forecast period owing to various factors such as increasing internet penetration, availability of a wide range of products, a wide range of price options, and unpredictable availability of halal cosmetics at every store. All these factors indicating for significant growth in the online shopping of the halal cosmetics market.

Geographically, the global halal cosmetics market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Rest of the World is anticipated to hold the significant share of the market during the forecast period since the re gion has a very high Muslim population in countries such as Nigeria, Egypt, Turkey, and others. As per the International Journal of Environmental Science and Development (IJESD) 2020 report, Africa has a 1,302 million Muslim population in the region which is 41% of the total population of Africa. With such a population, the demand for halal cosmetics has been fueling up for years in the region.

The major companies serving the global halal cosmetics market include Clara International Beauty Group, Ecotrail Personal Care Pvt Ltd (Iba Halal Care), Fashion Valet Sdn Bhd (Duck Group), INIKA Organic, IVY Beauty Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in 2020, Two former L'Oreal Group executives founded a make-up brand in Dubai M Beauty for catering to the ethnically diverse group of consumers within the niche but rising halal cosmetics market.

Research Methodology

The market study of the global halal cosmetics market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Halal Cosmetics Market Research and Analysis by Type.
Global Halal Cosmetics Market Research and Analysis by Distribution Channel.

The Report Covers:

Comprehensive research methodology of the global halal cosmetics market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global halal cosmetics market.
Insights about market determinants that are stimulating the global halal cosmetics market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026670

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Halal Cosmetics Market
Recovery Scenario of Global Halal Cosmetics Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Clara International Beauty Group
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. Ecotrail Personal Care Pvt Ltd (Iba Halal Care)
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. Fashion Valet Sdn Bhd (Duck Group)
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. INIKA Organic
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
- 3.1.5. IVY Beauty Corp.
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players

4. Market Segmentation

4.1. Global Halal Cosmetics Market by Type
- 4.1.1. Skincare
- 4.1.2. Haircare
- 4.1.3. Color Cosmetics
- 4.1.4. Fragrances
4.2. Global Halal Cosmetics Market by Distribution Channel
- 4.2.1. Online
- 4.2.2. Offline

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Martha Tilaar Group
6.2. MENA COSMETICS CO., LTD
6.3. MMA BIO LAB SDN BHD PHB
6.4. Ethical Beauty
6.5. PT. Kao Indonesia Chemicals
6.6. Sampure Minerals
6.7. WARDAH COSMETICS