Press release
Rising Muslim Population Fuels Growth In Halal Cosmetic: A Key Factor Shaping the Future of the Halal Cosmetics Market in 2025
How Are the key drivers contributing to the expansion of the halal cosmetics market?The surge in Muslim population is predicted to drive the expansion of the halal cosmetic market in the future. An increase in Muslim population signifies a rise in the count of Muslims within a particular region, nation or globally. This rise can be attributed to numerous factors, such as elevated birth rates among Muslim households, immigration of Muslims from different countries, and conversions to Islam. With the expansion of the Muslim population, the demand for halal cosmetics escalates as more Muslim consumers are on the lookout for products that resonate with their religious norms. For example, Prayer Times, an India-based Islamic organization, projected that the worldwide Muslim population would surpass 2.01 billion by April 2023. The Pew Research Centre also estimates the global Muslim population to hit 2.2 billion by 2030. Hence, the rise in Muslim population is propelling the halal cosmetics market's growth.
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What growth opportunities are expected to drive the halal cosmetics market's CAGR through 2034?
The market for halal cosmetics has significantly expanded in previous years. The market that was $41.38 billion in 2024 is predicted to develop to $47.14 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 13.9%. The surge during the historic period is traceable to factors such as an increase in Muslim population, heightened awareness about halal practices, cultural and religious considerations, globalisation as well as international cultural exchanges, and ethical consumerism.
The market for halal cosmetics is anticipated to experience swift expansion in the coming years, with the market size predicted to reach $82.37 billion in 2029, with a compound annual growth rate (CAGR) of 15.0%. The projected growth can be ascribed to the growing middle-class Muslim consumer base, a heightened demand for natural and organic products, and inclusive marketing techniques, along with sustainable and environmentally friendly practices, and the establishment of global standards for halal certification. Noteworthy trends forecasted for this period encompass certification and transparency, the emergence of e-commerce, the use of clean and natural ingredients, progress in product development, and an increase in customization and personalization.
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What are the emerging trends shaping the future of the halal cosmetics market?
To amplify their footprint in the burgeoning clean beauty sector, key players in the halal cosmetics market like Believe Pte Ltd are employing strategic investments, such as the one made in IBA Cosmetics. This will boost Believe Pte Ltd's distribution channels, broaden its product line, and facilitate expansion both locally and globally. Specifically, in November 2022, Believe Pte Ltd, a Singapore entity known for its market-ready solutions, declared a $10 million investment in IBE Cosmetics. The latter is an Indian-based Halal-certified and PETA-approved enterprise offering vegan cosmetics and personal hygiene products, in a strategic partnership founded on shared values. Their primary sales channel is online, using their own website and other platforms like Purplle, Amazon, Nykaa, Flipkart, and Bigbasket.
Which growth-oriented segments of the halal cosmetics market are leading the industry's development?
The halal cosmetics market covered in this report is segmented -
1) By Type: Skin Care, Hair Care, Makeup, Others
2) By Distribution Channel: Offline, Online
3) By End User: Men, Women, Unisex
Subsegments:
1) By Skin Care: Moisturizers, Cleansers, Sunscreen, Face Masks, Serums
2) By Hair Care: Shampoos, Conditioners, Hair Oils, Hair Masks, Styling Products
3) By Makeup: Foundation, Lipstick, Eyeliner, Mascara, Blush
4) By Others: Fragrances, Deodorants, Personal Care
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What regions are leading the charge in the halal cosmetics market?
Asia-Pacific was the largest region in the halal cosmetics market in 2024. North America is expected to be the fastest-growing region in the global halal cosmetics market report during the forecast period. The regions covered in the halal cosmetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the halal cosmetics market?
Major companies operating in the halal cosmetics market include INGLOT Cosmetics, J.L. Morison (India) Ltd., Clara International Beauty Group, Prolab Cosmetics, IVY Beauty Corporation, PHB Ethical Beauty Ltd., Amara Beauty, INIKA Organic Australia, Martha Tillar Group, The dUCk Group Sdn Bhd, Honeybee Gardens LLC, IBA Cosmetics, Ecotrail Personal Care Sdn Bhd, Sampure Minerals, Maryaj Perfumes Pvt Ltd., Saaf Skincare, Wardah Cosmetics, OnePure International Group Ltd., Talent Cosmetics, Pure Halal Beauty LLC, Flora & Noor Cosmetics LLC, Mikyajy Kosmetik Sdn Bhd, Muslimah Manufacturing Sdn Bhd, SirehEmas Global Sdn Bhd, Amsons Laboratories Pvt Ltd., The Halal Cosmetics Company Ltd., T'ZIKAL Beauty Sdn Bhd, Amreen Cosmetics Pvt Ltd., Halal Beauty Cosmetics
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What Is Covered In The Halal Cosmetics Global Market Report?
•Market Size Forecast: Examine the halal cosmetics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the halal cosmetics market for a structured understanding.
•Key Players Overview: Analyze major players in the halal cosmetics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the halal cosmetics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the halal cosmetics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the halal cosmetics market.
•Industry Challenges: Identify potential risks and obstacles affecting the halal cosmetics market.
•Competitive Landscape: Review strategic developments in the halal cosmetics market, including expansions, agreements, and new product launches.
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