Middle East Halal Cosmetics Market Size, Share, Demand, Trends, Growth and Forecast Analysis Report With COVID19 Impacts

The mushrooming preference for halal products has encouraged customers to pay a high price for quality cosmetic products. The launch of safe & effective color cosmetics, such as nail polish, lipsticks, etc., to allow women to wear and worship during Ramadan has flourished the demand for halal cosmetic products across the Middle Eastern countries like UAE, Saudi Arabia, etc.

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According to a new study by MarkNtel Advisors, the Middle East Halal Cosmetics Market is expected to grow at more than 10% CAGR during 2021-26. The demand for halal cosmetics in the Middle East is continuously increasing, especially among young Muslim women. It has placed an opportunity for cosmetic product manufacturers to tap into the market and cater to the mounting demand for halal cosmetics.

Key Questions Answered in the Study
1. What are the current & future trends in the Middle East Halal Cosmetics Market?
2. How has the industry been evolving in terms of geography & service adoption?
3. How has the competition been shaping across the Middle East, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the Middle East Halal Cosmetics Market?
5. What are the customer orientation, purchase behavior, and expectations from the Halal Cosmetic providers across the Middle East?

Females to Attain the Highest CAGR in the Middle East Halal Cosmetics Market

Based on Gender, the market divides into Males and Females. Of both, the female segment is anticipated to attain the highest CAGR in the market during 2021-26 owing to the surging inclination of the Gen-Z populace toward fashion, the growing number of working women, and the increasing number of halal cosmetic manufacturers in the region. Moreover, the rapid surge in women’s spending toward cosmetics and mounting awareness regarding the benefits of halal cosmetics are other crucial aspects expected to contribute to the overall market growth.

For detailed analysis: https://www.marknteladvisors.com/research-library/middle-east-halal-cosmetics-market.html

“Middle East Halal Cosmetics Market Analysis, 2021” highlights insights on the market potential & opportunities, along with business strategies to enhance the overall market growth. The report offers an overview of leading market players and their recent developments. Moreover, the report provides incredible market opportunities & emerging trends to help stakeholders make appropriate decisions before investing.

Sales of Halal Cosmetic Products Through Online Channels to Register Fastest Market Growth During 2021-26

The burgeoning number of mobile users due to better internet connectivity and the rapid penetration of e-commerce platforms in countries like Saudi Arabia & UAE is offering incredible growth opportunities to small-budget companies for selling & promoting their diverse product options online to a large customer base. Hence, due to these aspects, the Online distribution channel shows clear signs of attaining the fastest market growth during 2021-26. However, the sales of halal products through other channels like Hypermarkets/Supermarkets & Pharmacies are projected to be comparatively lesser in the forecast years.

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Key Competitors
According to MarkNtel Advisors, the leading industry players in the Middle East Halal Cosmetics Market are ATURA Bissé, SHIFFA, LUSH MENA, FARSALI, GREEN BAR, CHOBS, NAIL BERRY, and HALAL.

Market Segmentation:
1. By Type (Color Cosmetics {Face, Eyes, Lips, Nails}, Personal Care {Hair Care, Skin Care, Fragrances})
2. By Distribution Channel (Online, Supermarket/Hypermarket, Others {Pharmacy, etc.})
3. By Gender (Male, Female)
4. By Country (Saudi Arabia, Oman, Bahrain, Kuwait, UAE, Qatar, Turkey, Egypt, Others)
5. By Competitors (ATURA Bissé, SHIFFA, Lush MENA, FARSALI, Green Bar, CHOBS, Nail berry, Halal, Others)

MarkNtel Advisors
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About us:
MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.