The Global Halal Cosmetics Market is witnessing a higher demand for safe, good quality cosmetics, which is expected to drive the market in the next four years. Since halal certification is a mark of purity, the demand for these cosmetics is expected to grow rapidly with increased awareness about the products.
“Many halal brands are gaining international recognition as safe and hygienic cosmetics, which is boosting the demand for halal cosmetics,” says Faisal Ghaus, Vice President of TechNavio.
The latest report by TechNavio emphasizes the growing demand from non-Muslim countries for halal cosmetics, which will open huge growth opportunities for market vendors. Currently, these products are widely accepted by different communities, as they are considered to be safe, high quality and prepared using hygienic procedures.
“Many global personal care companies entering this market are manufacturing and distributing halal beauty products worldwide, as they are considered similar to vegan and organic products,” says Ghaus.
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
- Global Halal Cosmetics and Personal Care Market 2014-2018
- Halal Cosmetics and Personal Care Market in the APAC Region 2014-2018
TechNavio is a leading global technology research and advisory company.
Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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