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Halal Cosmetics Market Report 2023-2032: Market Size, Growth, Share And Outlook | Amara Beauty, Prolab Cosmetics, CLARA INTERNATIONAL BEAUTY GROUP, Halal Beauty Cosmetics, IBA Cosmetics
Halal Cosmetics Market
The Business Research Company's Halal Cosmetics Global Market Report 2023 identifies increasing muslim population as the major driver for the Halal Cosmetics market's growth in the forecast period. 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.
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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Major competitors in the Halal Cosmetics market are Amara Beauty, Prolab Cosmetics, CLARA INTERNATIONAL BEAUTY GROUP, Halal Beauty Cosmetics, IBA Cosmetics.
A key trend in the Halal Cosmetics market includes Product innovation. Major companies operating in the halal cosmetic market are adopting new technologies to sustain their position in the market. For instance, in June 2021, Flora and Noor, a US-based skincare brand with halal, vegan, and cruelty-free products, launched a line of halal skin care. It includes cleansers, toners, serums, moisturizers, and masks, as well as body products such as body butter, scrubs, and bath bombs. Halal skincare items are those that are free of animal by-products and alcohol.
Read More On The Global Halal Cosmetics Market Report Here:
https://www.thebusinessresearchcompany.com/report/halal-cosmetics-global-market-report
The Halal Cosmetics market is segmented -
1. By Type: Skin Care, Hair Care, Makeup, Others
2. By Distribution Channel: Offline, Online
3. By End User: Men, Women, Unisex
4. 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.
The Business Research Company's "Global Halal Cosmetics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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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