DUBLIN--(BUSINESS WIRE)--The "Halal Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global halal cosmetics market reached a value of US$ 66 Billion in 2018. The market value is further expected to reach US$ 94 Billion by 2024, exhibiting a CAGR of 6% during 2019-2024.
The market is strongly driven by an increasing Muslim population which now accounts for over a fifth of the global population. With the younger generation emerging as more conscious consumers, the overall spending on halal products is increasing.
Earlier, the choice of halal cosmetics used to be limited, however, catalyzed by the strong demand for these products, the number of manufacturers and their range of products has risen robustly. Today, halal certified cosmetic manufacturers offer a range of items that include perfumes, toners, lipstick, shampoos, lotions, soaps, powders, shower gels, etc.
The market for these products is not limited to the Muslim population but is also attracting non-Muslim consumers. Halal beauty products symbolize safety, cleanliness, hygiene, and animal byproduct-free products. They also stress on cleanliness during manufacturing, packaging and storage, which is driving their demand in several non-Muslim countries.
The market has also been catalyzed by the rising penetration of e-commerce and social media platforms. The online market continues to play a key role in driving the demand for these products and is growing significantly faster than more traditional distribution channels. Manufacturers are also increasingly using social media platforms such as YouTube, Facebook, and Instagram to influence consumers.
Breakup by Product
Based on product types, the market has been segmented as personal care products and color cosmetics. Currently, personal care products dominate the market, holding the largest share. These products are further segregated as skincare, haircare, fragrances and others.
Breakup by Distribution
Based on the distribution channel, the market has been segmented into online and offline retail formats. Amongst these, offline channels represent the largest segment, accounting for the majority of the total market share.
Regional Insights
Region-wise, the market has been segmented into Asia Pacific, Middle East and Africa, Europe, North America and Latin America. Amongst these, Asia Pacific is the leading market, accounting for the majority of the global share.
Competitive Landscape
The competitive landscape of the market has been analyzed in the report with detailed profiles of the leading manufacturers. Some of the key players operating in the market are:
- Amara Cosmetics
- Pure Halal Beauty
- SAAF International
- Sampure Minerals
- Inika Cosmetics
- Martha Tilar Group
- One Pure
- Ivy Beauty
- MMA Biolab
- The Halal Cosmetics company
- Clara International
- INGLOT
- Jataine
- Le Wangi De Wangi
Key Topics Covered
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Halal Cosmetics Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Distribution Channel
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.8 Value Chain Analysis
5.9 Porters Five Forces Analysis
5.10 Price Analysis
6 Market Breakup by Product Type
6.1 Personal Care Products
6.2 Color Cosmetics
7 Market Breakup by Distribution Channel
7.1 Online
7.2 Offline
8 Market Breakup by Region
8.1 Asia Pacific
8.2 Middle East and Africa
8.3 Europe
8.4 North America
8.5 Latin America
9 Halal Cosmetics Manufacturing Process
9.1 Product Overview
9.2 Raw Material Requirements
9.3 Manufacturing Process
9.4 Key Success and Risk Factors
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.1 Amara Cosmetics
10.3.2 Pure Halal Beauty
10.3.3 SAAF International
10.3.4 Sampure Minerals
10.3.5 Inika Cosmetics
10.3.6 Martha Tilar Group
10.3.7 One Pure
10.3.8 Ivy Beauty
10.3.9 MMA Biolab
10.3.10 The Halal Cosmetics company
10.3.11 Clara International
10.3.12 INGLOT
10.3.13 Jataine
10.3.14 Le Wangi De Wangi
For more information about this report visit https://www.researchandmarkets.com/r/l32ld8
