Halal Cosmetics Market, Impact of COVID-19, by Product Type, Companies, Global Forecast by 2027

Comments · 514 Views

Halal Cosmetics Market is expected to be US$ 104.17 Billion in 2027. Global Forecast, Impact of COVID-19, Industry Trends, by Product Type, Growth, Opportunity Company Analysis.

As per Islamic law, Halal denotes permissible and lawful, whereas haram means prohibited. According to Islamic law, the term halal-haram rule is a part of the entirely legal system.” Halal” is often associated with food. Moreover, Halal cosmetics products are gaining traction and surging demand among 2.4 billion Muslim populations worldwide. Apart from the Muslim population, the non-Muslim population attributes these products with ethical consumerism and more stringent quality assurance standards. Halal cosmetics should not contain ingredients derived from blood, pig, human body parts, predatory animals, reptiles, insects, etc. The Worldwide Halal Cosmetics Market Size was valued at US$ 29.13 Billion in 2020.

 

By Product - Color Cosmetics Product is anticipated to Grow Rapidly

Globally, the demand for halal cosmetics products among consumers is surging. But the development of halal cosmetics and the assessment of their product performance are still in their infancy, as cosmetics production is still dominated by the non-halal sector globally. Furthermore, there is a worldwide dearth of guiding documents on the development and assessment techniques in the production of comprehensively Halal Cosmetics. This report covers the global halal cosmetics market into Personal care products, Color cosmetics, Fragrances and Other products. By product, Color cosmetics product is anticipated to grow rapidly due to the younger population rising because of lifestyle changes. As per this report, Global Halal Cosmetics Industry will grow with double-digit CAGR of 19.97% during 2020-2027.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=halal-cosmetics-market-p.php

 

Factors fuelling Market Growth for Halal Cosmetics Industry

Increasing Muslim population worldwide, surging halal-certified cosmetics manufacturers, growing demands of organic color cosmetics, Online channels, most probably ecommerce and social media playing a crucial role among younger consumers globally hence giving traction to this market growth. However, high costs associated with products and lacks of standard guidelines for halal certification are some of the challenges facing this market.

 

By Region - Asia-Pacific’s Region dominates the Halal Cosmetics Industry Globally

We have studied the global halal food market into North America, Europe, Asia-Pacific’s, and South America Middle East. Among all other regions, Asia-Pacific’s region dominates the halal cosmetics industry worldwide. As most of the Muslim population belongs to this region simultaneously, the market penetrate both big and small sizes with a wider range of products is one of the prime reasons for the rise of this market in the Asia-Pacific’s region. According to Renub Research, Global Halal Cosmetics Market is expected to be US$ 104.17 Billion in 2027.

 

COVID -19 Impacts on Halal Cosmetics Industry

Across the globe, the halal cosmetics market have taken a hit by the COVID-19 pandemic and gives room to new products such as hand sanitizers, cream, eye care etc. As the mask-wearing, restrictions, and social distancing became a norm. Due to the pandemic, recovery of the cosmetics product market is expected to be sluggish in 2021, but it will recover during the forecast period as per Renub Research projection. The major players covered in the global halal cosmetics market are Amara Cosmetics, SJ International Enterprises, Ester Lauder Companies, L’Oréal.

 

Renub Research latest report titled “Halal Cosmetics Market, Global Forecast by Product (Personal care products, Color cosmetics, Fragrance and Other products) Application (Skin Care, Hair Care, Beauty Care, Others) Distribution Channel (Online Offline) Regions (North America, Europe, Asia-Pacific’s, and South America Middle East.) Company (Amara Cosmetics, SJ International Enterprises, Ester Lauder Companies, L’Oréal)" provides comprehensive details on Global Halal Cosmetics industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/halal-cosmetics-market-p.php

 

Product Type –Market breakup from 4 viewpoints

1.    Personal Care Products

2.    Color Cosmetics

3.    Fragrances

4.    Other Products

 

Applications – Market breakup from 4 viewpoints

1.    Skin Care

2.    Hair Care

3.    Beauty Care

4.    Other

 

Distribution Channels – Market breakup from 2 viewpoints

1.    Online 

2.    Offline

 

Region – Market breakup from 5 viewpoints

1.    North America 

2.    Europe 

3.    Asia-Pacific 

4.    South America 

5.    Middle East and Africa

 

All key players has been covered from 3 viewpoints

•    Overview

•    Recent Development

•    Revenue

 

Company Analysis

1.    Amara Cosmetics

2.    SJ International Enterprises

3.    Ester Lauder Companies

4.    L’Oréal

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: [email protected]

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Read more
Comments