The Halal Cosmetics Global Market Report 2023, provides comprehensive information on the halal cosmetics market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global halal cosmetics market size is expected to grow from $32.50 billion in 2022 to $37.38 billion in 2023 at a compound annual growth rate (CAGR) of 15%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global halal cosmetics market size is expected to reach $62.65 billion in 2027 at a CAGR of 13.8%.
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Product innovations are a key trend gaining popularity in the halal cosmetic market. Major companies operating in the halal cosmetic market are adopting new technologies to sustain their position in the market. For instance, in June 2021, Flora and Noor, a US-based skincare brand with halal, vegan, and cruelty-free products, launched a line of halal skin care. It includes cleansers, toners, serums, moisturizers, and masks, as well as body products such as body butter, scrubs, and bath bombs. Halal skincare items are those that are free of animal by-products and alcohol.
The halal cosmetics market is segmented:
1) By Type: Skin Care, Hair Care, Makeup, Others
2) By Distribution Channel: Offline, Online
3) By End User: Men, Women, Unisex
Asia-Pacific was the largest region in the halal cosmetics market in 2022.
The table of contents in TBRC’s halal cosmetics market report includes:
1. Executive Summary
2. Halal Cosmetics Market Characteristics
3. Halal Cosmetics Market Trends And Strategies
4. Halal Cosmetics Market – Macro Economic Scenario
5. Halal Cosmetics Market Size And Growth
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26. Africa Halal Cosmetics Market
27. Halal Cosmetics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Halal Cosmetics Market
29. Halal Cosmetics Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Amara Beauty
- Prolab Cosmetics
- CLARA INTERNATIONAL BEAUTY GROUP
- Halal Beauty Cosmetics
- IBA Cosmetics
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