Exploring the World's Leading Halal Cosmetics Brands 2024 | IMARC Group

Halal cosmetics refer to a variety of beauty products that conform to Islamic regulations as defined by the Halal certification bodies. They lack animal-derived items considered haram by Sharia law and do not harm animals during testing. These include skincare, makeup, hair care, and fragrance items that do not contain alcohol or certain animal byproducts declared impermissible by Islamic law. The purity and ethics of the production process make these products benefit the Muslim market, which values adherence to their religion but also reaches out to other consumers interested in the universal goodness of organic ingredients and cruelty-free labeling. Additionally, they are differentiated by beneficial products for the skin, often enriched with natural components contributing to hydration, nutrition, and long-term skin health, which are increasingly important to the beauty industry's competitiveness.

The global halal cosmetics market size reached US$ 33.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 71.3 Billion by 2032, exhibiting a growth rate (CAGR) of 8.6% during 2024-2032.

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The global halal cosmetics market is majorly driven by the ethical consumerism movement which is encouraging manufacturers to adopt transparency and sustainability practices in their businesses. Additionally, major companies are promoting their cosmetics as cruelty-free and vegan certified alongside Halal certified, allowing companies to appeal to a wider audience. Along with this, beauty companies seeking to capitalize on the vast Muslim market scope are using halal as an avenue to diversify their products. Further, technology is enabling cosmetics manufacturers to offer formulations that support halal claims, hence applying effective competition against the mass market products.

Some of the Top Key players in the Global Halal Cosmetics Industry

• Amara Cosmetics
• Pure Halal Beauty
• SAAF Organic Skincare
• Sampure Minerals
• Inika Cosmetics
• Martha Tilar Group
• One Pure
• Ivy Beauty
• The Halal Cosmetics Company
• Clara International Beauty Group
• INGLOT Cosmetics

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Besides this, leading as well as emerging brands are leveraging digital market and social media channels to transcend their markets and influence consumers' perceptions about their view of beauty, which is also providing an impetus to the market. Moreover, informed collaborations with Islamic scholars and certification bodies are also helping enhance halal products' credibility, thereby facilitating higher market penetration. Apart from this, major companies are investing in personalized and bespoke beauty solutions, which are acting as a significant growth-inducing factor for the market. In confluence with this, the key players are offering bespoke solutions to unique skin concerns and regional preferences to foster brand loyalty in crowded markets. Furthermore, the manufacturers are also investing in product innovation, transparency, and authentic compliance, which in turn is creating a positive market outlook.

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This release was published on openPR.