Press release
Halal Cosmetics Market Size, Share, Trends, Analysis and Forecasts To 2021
Market Research analysts forecast the halal cosmetics market to grow at a CAGR of 14.63% during the period 2017-2021.The following companies as the key players in the global halal cosmetics market: Amara Cosmetics, Inika, Martha Tilaar Group, MMA Bio Lab, and The Halal Cosmetics Company.
Other Prominent Vendors in the market are: Clara International, INGLOT Cosmetics, Ivy Beauty, Liasari, Muslimah Manufacturing, OnePure, Paragon Cosmetics, Pure Halal Beauty (PHB) Ethical Beauty, Saaf Skincare, Samina Pure Makeup, and SirehEmas.
Commenting on the report, an analyst team said: The latest trend gaining momentum in the market is new product launches. The introduction of innovative halal personal care products is a key trend observed in the global halal cosmetics market. The demand in the market has led to the introduction of a wide variety of products that cater to different age groups and lifestyles.
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According to the report, one of the major factors driving the demand for halal cosmetics and halal personal care products is a rise in awareness about these products among consumers worldwide. Halal cosmetics qualify a set of Islamic standards that are needed for the halal certification of cosmetics. Since halal cosmetics do not contain animal-derived ingredients and alcohol content, and are subject to halal regulations, they are considered pure and relatively hygienic compared to regular cosmetics.
Further, the report states that maintaining the integrity of halal cosmetics among consumers is a challenge for vendors. Halal means lawful and in the purest form. Hence, the practice of offering halal cosmetics is not limited to the manufacturing of these products but applies to all the activities involved in the supply chain. Hence, it becomes important for vendors to ensure the cosmetics remain unadulterated and compliant to halal standards throughout the supply chain.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Halal Cosmetics
Halal cosmetics and personal care products are widely recognized for their purity and quality assurance, which are also adding to the growth of global halal cosmetics market. For a product to be certified halal, it should not contain alcohol, should not be tested on animals, and should not contain animal ingredients. Food products that are prohibited according to the Islamic Sharia law should also be avoided during the synthesis of halal cosmetics. Every Halal product needs to gain a Halal certification, which guarantees to consumers that the product does not contain any forbidden components. Halal certificate is issued for a fee by a certifying body.
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Covered in this report
The report covers the present scenario and the growth prospects of the global halal cosmetics market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of halal cosmetics to individual consumers across the globe in 2016.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
MEA
Global Halal Cosmetics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Amara Cosmetics
Inika
Martha Tilaar Group
MMA Bio Lab
The Halal Cosmetics Company
Other prominent vendors
Clara International
INGLOT Cosmetics
Ivy Beauty
Liasari
Muslimah Manufacturing
OnePure
Paragon Cosmetics
Pure Halal Beauty (PHB) Ethical Beauty
Saaf Skincare
Samina Pure Makeup
SirehEmas
Market driver
Growing consumer awareness toward halal cosmetics
For a full, detailed list, view our report
Market challenge
Maintaining the integrity associated with halal cosmetics
For a full, detailed list, view our report
Market trend
New product launches
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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