Halal Cosmetics Market 2017-2025 is scaling rapidly each year according to recent research
Feb 4, 2019
The global market for halal cosmetics was estimated at US$ 21.11 million in 2016 and is forecasted to reach US$ 58.41 million by 2025, an increase of 12.9 percent CAGR between 2017 and 2025.
SANJOSE, United States - February 4, 2019 /MarketersMedia/ —
According to a new market research report issued by Credence Research, Inc. "Halal Cosmetics Market- Growth, Future Prospects and Competitive Analysis, 2017- 2025," the global market for halal cosmetics was estimated at US$ 21.11 million in 2016 and is forecasted to reach US$ 58.41 million by 2025, an increase of 12.9 percent CAGR between 2017 and 2025.
Halal is an Arabic word which mean according to the law. Halal cosmetics are certified products from Halal certification bodies, it operates under Sharia law, which means that products do not contain animal products or alcohol. Halal cosmetics are products for the body and skin care, free of ingredients which are illegal in Islamic society. The global market for halal cosmetics is a highly fragmented market with numerous international and regional actors. The growth of the Muslim population and increasing awareness of the use of personal care products, compliance with Islamic law standards and respect for religious beliefs are expected to drive this market's overall growth. Another factor in changing trends is the increasing number of educated Muslims who become aware of the use of safe and high-quality products. Because of increasing awareness of the side effects of chemicals used in cosmetics, the demand for halal cosmetics among Muslims and non-Muslims is increasing.
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Local and international players change their business strategy according to the market, with an increasing demand for halal cosmetics. Halal cosmetics include skin care, hair care, oral care, cosmetics and other products (perfumes, deodorants, and fragrances). In 2016, skin care accounted for the largest market, accounting for 34.27 percent of the total market, and is expected to grow by 13.1 percent in the CAGR from 2017 to 2025. Manufacturers try to comply with the requirements of Islamic codes by combining more ingredients that comply with the sharia law.
The Near East is an enormous consumer market for halal cosmetics. There are considerable high-income countries in Saudi Arabia, the USA, Oman, and Jordan. They have a more organized Islamic society, which is a factor that drives the global industry. The Asia Pacific accounts for about 45% of the world's Muslim population. Pakistan, Malaysia, India, Indonesia, Bangladesh, and the Maldives are developing countries with a strong Muslim population and a stable socio-economic condition. These factors will lead to the development of halal cosmetics worldwide.
Clara International, INGLOT, INIKA Cosmetics, Ivy Beauty, Medicare Marketing, Martha Tilaar Group, MMA Bio Lab( MED Lab), PHB Ethical Beauty, Saaf Skincare and Prolab Cosmetics, Talent Cosmetic Co., Ltd., The Halal Cosmetics Company and Zelcos are some of the major companies operating on this market.
List Of Table :
Table. 1 Market Snapshot: Global Halal Cosmetics Market
Table. 2 North America Halal Cosmetics Market , by Country, 2015-2025 (US$ Mn)
Table. 3 North America Halal Cosmetics Market , by Product Type, 2015-2025 (US$ Mn)
Table. 4 Europe Halal Cosmetics Market , by Region, 2015-2025 (US$ Mn)
Table. 5 Europe Halal Cosmetics Market , by Product Type, 2015-2025 (US$ Mn)
Table. 6 Asia Pacific Halal Cosmetics Market , by Country, 2015-2025 (US$ Mn)
Table. 7 Asia Pacific Halal Cosmetics Market , by Product Type, 2015-2025 (US$ Mn)
Table. 8 Latin America Halal Cosmetics Market , by Country, 2015-2025 (US$ Mn)
Table. 9 Latin America Halal Cosmetics Market , by Product Type, 2015-2025 (US$ Mn)
Table. 10 Middle East & Africa Halal Cosmetics Market , by Region, 2015-2025 (US$ Mn)
Table. 11 Middle East & Africa Halal Cosmetics Market , by Product Type, 2015-2025 (US$ Mn)
Table. 12 Clara International: Company Snapshot (Business Description; Product Portfolio; Financial Information; News Coverage)
Table. 13 INGLOT: Company Snapshot (Business Description; Product Portfolio; Financial Information; News Coverage)
Table. 14 INIKA Cosmetics: Company Snapshot (Business Description; Product Portfolio; Financial Information; News Coverage)
................................continued
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ToC:
Chapter 1. Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2. Executive Summary
2.1 Market Snapshot
2.2 Market Snapshot: Global Halal Cosmetics Market
2.3 Global Halal Cosmetics Market, by Product Type, 2016
2.4 Global Halal Cosmetics Market, by Geography, 2016
Chapter 3. Global Halal Cosmetics Market Dynamics
3.1 Overview
3.2 Market Drivers
3.2.1 Growing Muslim Population
3.3 Challenges
3.3.1 High Risks from Suppliers
3.4 Future Prospects
3.4.1 Increase in Demand from Non-Muslim Countries
Chapter 4. Global Halal Cosmetics Market, by Product Type, 2015-2025 (US$ Mn)
4.1 Overview
4.2 Skin Care
4.3 Hair Care
4.4 Oral Care
4.5 Color Cosmetics
4.6 Others (perfumes, deodorants and fragrances)
...............................
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Chapter 6. Company Profiles
6.1 Clara International
6.2 INGLOT
6.3 INIKA Cosmetics
6.4 Ivy Beauty
6.5 Maicare Marketing
6.6 Martha Tilaar Group
6.7 MMA Bio Lab (IMED Lab)
6.8 PHB Ethical Beauty
6.9 Saaf Skincare and Prolab Cosmetics
6.10 Talent Cosmetic Co., Ltd.
6.11 The Halal Cosmetics Company
6.12 Zelcos
..........toc continued
Read the originally published Report @ https://www.credenceresearch.com/report/halal-cosmetics-market
Get Sample @ https://www.credenceresearch.com/sample-request/58194
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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Source: MarketersMedia
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