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. 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.
Halal Cosmetics Market Research Report to 2023
HALAL COSMETICS MARKET REPORT
2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
HALAL COSMETICS MARKET 2020
Halal Cosmetics Market 2020: Industry Survey, Growth, Competitive
Landscape and Forecasts to 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. 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.
With the surge in Muslim populace across the globe, the demand for halal cosmetics are on the upswing. The
Muslim population generally adhere to religious guidelines and halal cosmetics cater to the needs of these
consumers.
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HALAL COSMETICS MARKET 2020
MARKET SEGMENTATION
The Global Halal Cosmetics Market has been segmented based on product type and distribution channel.
Product type-wise, the global halal cosmetics market has been segmented into hair care, skin care, color
cosmetics, multifunctional, and others. The skin care segment is the largest segment owing to greater focus on
personal care and hygiene. The color cosmetics segment is expected to be the fastest growing segment due to
increasing trend of use of color cosmetics among consumers.
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HALAL COSMETICS MARKET 2020
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 a large number
of 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.
Asia pacific market is slated to be the fastest growing market for halal cosmetics owing to rise in Muslim
population across countries such as Malaysia, Indonesia, South Korea, Thailand, and Singapore. Moreover, the
untapped markets in the region provide ample opportunities for market growth.
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.
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HALAL COSMETICS MARKET 2020
Application & Major Players in this Research:
Halal Cosmetics Market Prominent 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
• AND MORE
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st/6665
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