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Global Halal Cosmetics Market Research With Size, Growth, Key Players, Segments And Forecast To 2032
Halal Cosmetics Market
Halal Cosmetics Market Size, Growth Rate, And Forecast
The global halal cosmetics market size is expected to grow from $32.50 billion in 2022 to $37.38 billion in 2023 at a compound annual growth rate (CAGR) of 15%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global halal cosmetics market size is expected to reach $62.65 billion in 2027 at a CAGR of 13.8%.
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Halal Cosmetics Market Drivers
The increasing muslim population is expected to propel the growth of the halal cosmetic market going forward. The term "increase in Muslim population" refers to an increase in the number of Muslims in a specific region, country, or world. This growth can be due to several factors, including higher birth rates among Muslim families, Muslim immigration from other countries, and conversion to Islam. As the Muslim population grows, there is an increasing demand for halal cosmetics as more Muslim consumers seek products that align with their religious beliefs.
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Halal Cosmetics Market Segments
1) By Type: Skin Care, Hair Care, Makeup, Others
2) By Distribution Channel: Offline, Online
3) By End User: Men, Women, Unisex
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Halal Cosmetics Market.
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Halal Cosmetics Market Key Players
Major competitors in the Halal Cosmetics Market include Amara Beauty, Prolab Cosmetics, CLARA INTERNATIONAL BEAUTY GROUP, Halal Beauty Cosmetics, IBA Cosmetics, INIKA Organic Australia, Saaf Skincare, PHB Ethical Beauty Ltd., Sampure Minerals, Wardah Cosmetics, IVY Beauty Corporation, OnePure International Group Ltd., Talent Cosmetics, INGLOT Cosmetics, and Martha Tillar Group
The Business Research Company's "Global Halal Cosmetics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Halal Cosmetics Market Include:
1. Executive Summary
2. Halal Cosmetics Market Characteristics
3. Halal Cosmetics Market Trends And Strategies
4. Halal Cosmetics Market - Macro Economic Scenario
5. Halal Cosmetics Market Size And Growth
.......
26. Africa Halal Cosmetics Market
27. Halal Cosmetics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Halal Cosmetics Market
29. Halal Cosmetics Market Future Outlook and Potential Analysis
30. Appendix
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