This detailed report on’ Halal Cosmetics Market ‘put together by Market Study Report, LLC offers a succinct study on regional forecast and industry size, revenue estimates related to industry The report further highlights the key challenges and growth trends adopted by leading manufacturers in the dynamic competitive spectrum of ‘Halal Cosmetics Market’
The global halal cosmetics market is expected to reach USD 2256 billion by 2026 according to a new study Market growth is mainly due to increasing Muslim populations and their purchasing power This has created an increase in the demand for halal cosmetics The growing demand has also forced market players to engage in the development of new products
The list of major companies operating in the market includes Ivy Beauty Corporation Sdn Bhd, Mena Cosmetics, MMA Bio Lab Sdn Bhd, The Halal Cosmetics Company, Talent Cosmetic Co, Ltd, PHB Ethical Beauty, Saaf SkinCare, One Pure, Sampure Minerals, Amara Cosmetics, Wardah Cosmetics, Inika, Clara International, Prolab and IBA Halal Care We observe these players engaging in activities aimed at developing new products
Halal cosmetics should be produced, packaged, stored and distributed according to Islamic teachings In addition, these products are considered to be safe, clean and of high quality The significant growth of Muslim populations across the world is expected to offer immense opportunities to the halal personal care and cosmetics industry In addition, the rapidly accelerating economic power of Islamic countries should give them a big incentive to spend extra money on beauty and personal products.
Growing problems related to environmental and health hazards are also responsible for a significant impact on the cosmetics industry Some of the health risks such as distortion, breast cancer and genital abnormalities are generally blamed on excessive use of cosmetic products containing nanoparticle ingredients The growing number of such events has raised awareness among consumers about the substance of beauty products, thus boosting demand for halal personal care and cosmetic products
Currently, consumers are showing increasing interest in halal cosmetics and personal care This is mainly due to increasing consumer awareness of the importance of personal hygiene and improving lifestyles due to increase in disposable income Halal cosmetics being different from conventional cosmetics are gaining in popularity, as these cosmetics do not contain alcohol, pork products and their derivatives Basically, they do not contain any content or ingredients that are contrary to Islamic beliefs
The low level of awareness of the presence of halal cosmetics brands poses a challenge for the industry As a result, the industry is not experiencing high demands as expected of its potential In addition, the halal issues in the sector are considered as minors by consumers in relation to food consumption Thus, it forces manufacturers to improve their marketing strategies and their means of production In addition, it becomes difficult to understand the consumers’ point of view on halal cosmetic brands
Asia-Pacific is expected to dominate the global halal cosmetics market, due to the presence of emerging countries such as India, Indonesia, Malaysia, Bangladesh, Maldives and Pakistan These nations have a large population following Islamic beliefs
2 Executive Summary 21 Market Definition 22 Market Segmentation 3 Halal Cosmetics Market Overview 31 Halal Cosmetics – Industry Overview 32 Halal Cosmetics – Ecosystem Analysis 33 Halal Cosmetics Market Dynamics 331 Halal Cosmetics – Market Forces 3311 Analysis of Halal Cosmetics Market Drivers 3312 Market Constraints / Challenges Analysis halal cosmetics 3313 Analysis of halal cosmetics market opportunities 332 Sector analysis – Porter’s five forces 3321 Bargaining power of the supplier 3322 Bargaining power of the buyer 3323 Threat of substitute 3324 Threat of a new entrant 3325 Degree of competition 333 PEST analysis of the halal cosmetics market, 2017 334 Value chain analysis of the Halal Cosmetics Market335Halal Cosmetics Industry Trends336Competitive Ranking Analysis4Halal Cosmetics Market Size and Forecast by Product Type41 Key Findings42 Personal Care421Estimations and Forecast, 2017-202643Colour Cosmetics431Global Market Estimates and Forecast, 2017-202644Parfum441Global Market Estimates and Forecast, 2017-20265 Halal Cosmetics Market Size and Forecast by Application51Key Findings
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Industry, Halal, Forecast, Report
World News – UA – Halal Cosmetics Market Growth Outlook, Major Suppliers, Future Scenario Forecast to 2026 – re: Jerusalem
