Halal Cosmetics Market Research Report to 2023 | MRFR

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HALAL COSMETICS MARKET REPORT 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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HALAL COSMETICS MARKET 2020
Halal Cosmetics Market 2020 Industry Survey,
Growth, CompetitiveLandscape 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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om/reports/halal-cosmetics-market-6665
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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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chfuture.com/sample_request/6665
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