Halal Cosmetics Market is Set To Fly High in Years to Come

Advance Market Analytics added research publication document on Worldwide Halal Cosmetics Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Halal Cosmetics market. Some are the key & emerging players that are part of coverage and have being profiled are Amara cosmetics (United States), Pure Halal Cosmetics (United Kingdom), SAAF Cosmetics (United Kingdom), Sampure Minerals (United Kingdom), Inika Cosmetics (Australia), Martha Tilar Group (Indonesia), One Pure (United States), Ivy Beauty (Malaysia), The Halal Cosmetics company (United Kingdom), Clara International (Malaysia), MMA bio lab (India), Brazilian Cosmeticos (Brazil).

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Halal cosmetics were introduced particularly by keeping the Muslim community in mind as this community is very much conserved about the sharia law which prohibits consumption and application of various things like alcohol, pig fats, and chemicals which are commonly found in cosmetic products. Halal cosmetics do not contain any kind of alcohol, petrochemicals, fatty acids, and ingredients that are obtained from animals like a pig. The basic idea behind this market is that wants to provide clean products without using the ingredients that the Islamic community won’t accept. Halal cosmetics don’t include ingredients derived from animals, genetically modified organisms (GMOs) that are affirmed as unclean according to Islamic law. Neither do they contain alcohol which has several negative effects on the skin? These beauty/personal care products are Vegan and Cruelty-Free at the same time. They are enriched with the goodness of powerful actives and proven natural ingredients. It is a holistic approach ensuring the safety of the users as well as the environment. Halal is the ultimate stamp of purity and safety guaranteeing superior quality products. Halal is an Arabic term meaning ‘lawful or permissible. It not only encompasses food and drink but all matters of daily life. According to Islamic law, the consumption of pork, alcohol, and blood is prohibited. Products that contain any of these ingredients are considered to be ‘Haram’ or forbidden. Moreover, the source of the product should also be known before consumption. Muslims need to ensure that the source isn’t questionable and there shouldn’t be the ambiguity of any sort. Foods, as well as non-food items like cosmetics and pharmaceuticals, contain animal by-products or other ingredients that are not permissible for Muslims to eat or use on their bodies.

Brazilian cosmetics company Private Cosméticos got its products halal-certified. The certificate, which attests that the goods are made in compliance with Islamic rules and are fit for consumption by Muslims, was awarded in early February. The halal labe

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Halal Cosmetics Market various segments and emerging territory.

Influencing Market Trend
• The Rising Trend In the Demand for Organic and Vegan Cosmetics
• Increasing Demand for Cosmetics in the Asia- Pacific Regions

Market Drivers
• The Rising Demand from the End-Users
• A Rise in the Non-Muslim Population Is Shifting Towards Halal Beauty Products.
• The Growing Online Market, Including E-Commerce and Social Media Platforms, Is Driving the Halal Cosmetics Market
• Increasing Awareness Regarding Halal Cosmetics in the Younger Generation

Opportunities:
• Presence of a Large Muslim Population in the Gulf Countries Leading To High Awareness for Halal Cosmetic Products
• Growing Muslim Population And Rising Adoption Of Modern Lifestyle By The Muslim Community

Challenges:
• Dominated and Monopolized By Non-Muslim Companies
• Maintaining the Authenticity and Integrity of the Products

Analysis by Type (Personal Care Products (Skin Care, Hair Care, Fragrances, Others), Colour Cosmetics (Face, Eyes, Lips, Nails)), Application (Skin Treatment, Skin Nourishment, Anti-Aging, Others), Distribution Channel (Online (E-commerce platform), Offline (Brand Outlets, Specialized stores, Boutiques, Multi-Brand Stores)), End-Users (Men, Women)

Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [Amara cosmetics (United States), Pure Halal Cosmetics (United Kingdom), SAAF Cosmetics (United Kingdom), Sampure Minerals (United Kingdom), Inika Cosmetics (Australia), Martha Tilar Group (Indonesia), One Pure (United States), Ivy Beauty (Malaysia), The Halal Cosmetics company (United Kingdom), Clara International (Malaysia), MMA bio lab (India), Brazilian Cosmeticos (Brazil)]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players

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The regional analysis of Global Halal Cosmetics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

For Indonesia, to meet the growing demand for halal cosmetics, companies entering the Indonesian market will have to comply with Indonesian law no. 33/2014.
For Malaysia, the countries that wish to enter the Malaysian market have to present a halal certificate from a recognized Foreign Halal Certification Body (FCB) to JAKIM for verification. The list of valid FHCB is available on the website of JAKIM. Halal certificates issued by JAKIM are valid for two years and have to be reviewed again once they expire.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

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Highlights of the Report
• The future prospects of the global Halal Cosmetics market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Halal Cosmetics market.

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This release was published on openPR.