Halal Cosmetics Market with COVID-19 Impact Analysis, Top Companies Clara International Beauty Group, Inglot Cosmetics, Inika Organic Australia, IVY Beauty Corporation, MMA Bio Lab Sdn Bhd, OnePure, LLC, PT Paragon Technology and Innovation, PHB Ethical B

The halal cosmetics market is expected to grow from US$ 36,686.54 million in 2022 to US$ 79,861.73 million by 2028; it is estimated to grow at a CAGR of 13.8% from 2022 to 2028.

Halal cosmetics are cosmetic products that are sourced and manufactured with ingredients that are "permissible" under Islamic law. Halal cosmetic does not contain any alcohol or any ingredients from animals that are forbidden for Muslims.

In 2021, Asia Pacific dominated the global halal cosmetics market; it is expected to retain its dominance during the forecast period. Increased Muslim population, an increase in awareness of animal welfare, and the rise in the trend of veganism are driving the demand for halal cosmetics across the Asia Pacific region. The growing Muslim population in countries such as India, Indonesia, and Malaysia has led to an increased demand for halal cosmetics. Moreover, the impact of social media on halal cosmetics has been significant, with Indonesians making up over 6% of Instagram's overall monthly active users. Modern Muslims present in Asia Pacific are highly connected to social media, fashion, and beauty, which is driving the importance of social media. Additionally, beyond social sharing, the rapid growth of e-commerce sites providing halal cosmetics is driving the halal cosmetics market growth in the Asia Pacific.

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The research provides answers to the following key questions:
1. What is the estimated growth rate of the Halal Cosmetics Market for the forecast period 2022-2028? What will be the Halal Cosmetics Market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Halal Cosmetics Market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Halal Cosmetics Market?
4. What are the prominent market trends influencing the development of the Halal Cosmetics Market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Halal Cosmetics Market?
6. What are the major opportunities the Halal Cosmetics market leaders can rely on to gain success and profitability?
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Halal Cosmetics market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Halal Cosmetics market segments and regions.

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Halal Cosmetics Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

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