Halal Cosmetic Market Steady Growth to be witnessed by 2020 to 2027

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The Halal Cosmetic Market drivers and trends are as follows:

The key drivers responsible for the growth of the global halal cosmetic market includes the rising considerable Islamic population base who are ready to pay premium prices for Halal-certified beauty products. Furthermore, the growing awareness regarding the usage of cosmetic products is another factor boosting the growth of the market during the forecast period. The Muslim population comprises the largest part of the global population; hence the cosmetic market focuses on developing halal-certified products. Moreover, the rapid urbanization and growing standards of living are certain other factors which are increasing the demand of the market. Apart from the domestic market, India is also a hub of exports for halal products, especially from Saudi Arabia, Bangladesh, Malaysia, and the UAE.

The rising incidences of health-related diseases such as genital abnormalities and breast cancer, as a result of the cosmetics, have given rise to various concerns regarding the ingredients. Many Muslim populated economies, such as Arab countries and Pakistan, are emerging as price-sensitive countries. Thus, the leading companies aim to launch small packaging products at a lower price range to avoid a one-time investment. In addition to this, the increasing desire of the young Muslim population to associate their interest in fashion & makeup with Islamic loyalties is another factor that will positively impact the emerging demand of the market. On the other edge of the spectrum, the high cost of these cosmetics, and limited standard guidelines for halal certifications hinders the growth of the market during the forecast period.

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Key Benefits of the Report:

This report offers an analytical depiction of the halal cosmetic market while providing the current trends and future estimations to determine the imminent investment pockets.
This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the halal cosmetic market share.
The report also provides a detailed halal cosmetic market analysis based on competitive intensity and how the competition will take shape over the next six years.

Various companies covered in the Halal Cosmetic Market report:

MMA Bio Lab Sdn Bhd
IVY Beauty Corporation
Talent Cosmetics
The Halal Cosmetics Company
PHB Ethical Beauty Ltd.
Sampure Minerals
Amara Halal Cosmetics
INIKA Organic
Martha Tillar Group
Clara International Beauty Group

Segmentation of the Halal Cosmetic Market:

Breakup by Product:

Skin care
Hair care
Makeup
Other cosmetic products

Breakup by Distribution Channel:

Retail Sales

Supermarkets/hypermarkets
General departmental stores
Drug stores
Brand outlets

Online sales

Breakup by Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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