Global Halal Cosmetics Market Outlook 2024: Global Opportunity and Demand Analysis, Market Forecast, 2016-2024

Global Halal Cosmetics Market Outlook

Market Overview

Halal cosmetics were introduced particularly by keeping Muslim community in mind as this community is very much conserved about the sharia law which prohibit consumption and application of various things like alcohol, pig fats and chemicals which are commonly found in the cosmetic products. The halal cosmetics do not contain any kind of alcohol, petrochemicals, fatty acids and ingredients that are obtained from the animals like pig. The basic motive behind these products is to provide clean, pure and the products which do not contain any kind of ingredient which is not acceptable by the Islam.
According to the report of UN, Islam is the 2nd largest religion after the Christianity which is increasing at a rate of 3% annually. The Muslims represents one third of the global population or we can say 2.4 billion consumers, providing a huge market for the halal cosmetic products. These products are not exclusively or limited to Muslim community only, these products have gained market among the non-muslim consumers also, who associate these products with the ethical consumerism. The changing mindset of Muslim consumers and the worldwide trend of ethical consumerism trigger the development of vast range halal cosmetic products. The western countries are the key players in this industry even after being the non-muslim countries. They still hold the 70% of the global market.
However, there are always challenges for every market as in this authenticity and maintaining the integrity of halal products is a challenge in competitive market. The most challenging part is to attract non-muslim consumers towards the halal cosmetics as there is tough competition from the established key players of the market.
Market Segmentation
By Product Types
o Beauty care
o Hair care
o Makeup
o Fragrances
By Distribution Channels
o Online Channel
o Offline Channels (Beauty Specialty Stores Etc.)
By Geography
o North America (US, Canada) {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Million), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Million), Adoption Rate (%)}

Growth Drivers and Challenges
Growing Muslim population and rising adoption of modern lifestyle by the Muslim community are the major factors driving the growth of global halal cosmetics market. Non Muslim consumers are also driving the demand for halal cosmetics owing to rising demand for organic and vegan cosmetics. Young people, in particular are the drive force for halal cosmetics as they fit their lifestyles and beliefs. Being at its nascent stage halal beauty products market is highly unorganized and majorly catered by the local players. With growing Muslim population and rising demand for halal cosmetics, the multinational players such as LOreal, Unilever, P&G among others have potential opportunities to break in halal cosmetic industry to cater high demand for halal cosmetics. Moreover, Gulf countries and South Asian halal cosmetic market showcase huge business opportunity due to presence of large Muslim population and high awareness for halal cosmetic products.

However, lack of awareness among the Muslim female population and inappropriate structure of the halal cosmetic industry is expected to hinder the growth of global halal cosmetics market. Lack of proper standardization of the halal beauty products as the halal guidelines vary from region to region and within different communities of Muslims, which affects the production and sales of the products, also creating huge barriers for the growth of global halal cosmetics market.

Market Size and Forecast
Global halal cosmetics market accounted for USD 12.6 Billion in 2015 and the market is expected to reach USD 21.4 Billion by the end of 2024. Further, the market is anticipated to expand at a compound annual growth rate of 6.8% over the forecast period i.e. 2016-2024.
Geographically, Asia-Pacific region dominates the global halal cosmetic market and accounted for more than 35% revenue share in 2016. High Muslim population countries in South Asia such as Indonesia, Malaysia and Singapore are the major revenue contributors to the halal cosmetic market in Asia-Pacific region.
The halal cosmetic market is booming in Middle East and Europe. Across Middle East, halal cosmetic market is registering 12% annual growth rate reaching USD 2.3 billion in total value of halal cosmetics related sales. Europe is also witnessing growth in halal cosmetic sales owing to highly aware and traditional Muslim communities. In U.K, for instance more than 35% Muslims fall into desirable 18-35 year old demographic which is an important consumer base for halal cosmetics. Americas region is expected to witness strong growth over the forecast owing to rising Muslim population in North America.

Key Market Players
Amara Cosmetics
o Synopsis
o Business Strategy
o Product Portfolio
o SWOT Analysis
Pure Halal Beauty
SAAF International
Samina Pure Makeup
Inika Cosmetics
Martha Tilar Group
One Pure
Ivy Beauty
MMA Biolab
The Halal Cosmetics company
Clara International
INGLOT
Jataine
Le Wangi De Wangi

Scope Background

Market Synopsis

Market Segmentation

Global halal cosmetics market is segmented as follows:
By Product Type (Market Size, Demand Analysis and Growth Analysis)
By Distribution Channels Type (Market Size, Demand Analysis and Growth Analysis)
Global Halal Cosmetics Market Report covered insights of below mentioned regions:
North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
Rest of World {Market Size, Growth Analysis and Opportunity Analysis}
Market Dynamics: Growth Drivers, Restraints and Opportunities
Risk Factors
Regional Variations
Recent Trends and Developments

Key Market Players
Synopsis
Business Strategy
Product Portfolio
SWOT Analysis
Porters Five Force Model
Market Landscape: Competition and Beyond
Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
Expert Analysis
Concluding Remarks

1. Parent Market Synopsis
2. Executive Summary
3. Research Methodology
4. Regional Opportunity Analysis on the basis of Competitors
5. Global Halal Cosmetics Market Size (USD Billion) and Forecast Analysis, 2016-2024
6. Market Dynamics: Growth Drivers, Restraints and Opportunities
6.1. Risk Factors
6.2. Regional Variations
6.3. Recent Trends and Developments
7. Global Halal Cosmetics Market Segmentation
7.1. By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.1. Adoption Rate (%) by Product Type
7.1.2. Beauty Care (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.3. Hair Care (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.4. Makeup (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.5. Fragrances (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.6. Market Attractiveness by Product Type
7.1.7. BPS Analysis by Product type
7.2. By Distribution Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.1. Adoption Rate (%) by Distribution Channels
7.2.2. Online Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.3. Offline Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.4. Market Attractiveness by Distribution Channels
7.2.5. BPS Analysis by Distribution Channels
7.3. By Region (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.3.1. North America Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1.1. North America By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.3.1.1.1. U.S. Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1.1.2. Canada (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1.1.3. Market Attractiveness by Country
7.3.1.1.4. BPS Analysis by Country
7.3.1.2. North America By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1.2.1. Adoption Rate (%) by Product Type
7.3.1.2.2. Beauty Care (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1.2.3. Hair Care (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1.2.4. Makeup (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1.2.5. Fragrances (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1.2.6. Market Attractiveness by Product Type
7.3.1.2.7. BPS Analysis by Product type
7.3.1.3. North America By Distribution Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1.3.1. Adoption Rate (%) by Distribution Channels
7.3.1.3.2. Online Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1.3.3. Offline Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1.3.4. Market Attractiveness by Distribution Channels
7.3.1.3.5. BPS Analysis by Distribution Channels
7.3.2. Europe Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.1. Europe By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.3.2.1.1. UK Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.1.2. France (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.1.3. Italy (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.1.4. Germany (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.1.5. Spain (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.1.6. Hungary (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.1.7. Sweden (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.1.8. Russia (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.1.9. Poland (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.1.10. Rest of Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.1.11. Market Attractiveness by Country
7.3.2.1.12. BPS Analysis by Country
7.3.2.2. Europe By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.2.1. Adoption Rate (%) by Product Type
7.3.2.2.2. Beauty Care (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.2.3. Hair Care (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.2.4. Makeup (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.2.5. Fragrances (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.2.6. Market Attractiveness by Product Type
7.3.2.2.7. BPS Analysis by Product type
7.3.2.3. Europe By Distribution Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.3.1. Adoption Rate (%) by Distribution Channels
7.3.2.3.2. Online Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.3.3. Offline Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2.3.4. Market Attractiveness by Distribution Channels
7.3.2.3.5. BPS Analysis by Distribution Channels
7.3.3. Middle East & Africa Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.1. Middle East & Africa By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.3.3.1.1. Gulf Cooperation Council Countries (GCC) Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.1.2. South Africa (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.1.3. North Africa (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.1.4. Rest of Middle East and Africa (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.1.5. Market Attractiveness by Country
7.3.3.1.6. BPS Analysis by Country
7.3.3.2. Middle East & Africa By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.2.1. Adoption Rate (%) by Product Type
7.3.3.2.2. Beauty Care (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.2.3. Hair Care (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.2.4. Makeup (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.2.5. Fragrances (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.2.6. Market Attractiveness by Product Type
7.3.3.2.7. BPS Analysis by Product type
7.3.3.3. Middle East & Africa By Distribution Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.3.1. Adoption Rate (%) by Distribution Channels
7.3.3.3.2. Online Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.3.3. Offline Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3.3.4. Market Attractiveness by Distribution Channels
7.3.3.3.5. BPS Analysis by Distribution Channels
7.3.4. Latin America Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4.1. Latin America By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.3.4.1.1. Brazil Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4.1.2. Mexico (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4.1.3. Rest of Latin America (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4.1.4. Market Attractiveness by Country
7.3.4.1.5. BPS Analysis by Country
7.3.4.2. Latin America By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4.2.1. Adoption Rate (%) by Product Type
7.3.4.2.2. Beauty Care (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4.2.3. Hair Care (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4.2.4. Makeup (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4.2.5. Fragrances (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4.2.6. Market Attractiveness by Product Type
7.3.4.2.7. BPS Analysis by Product type
7.3.4.3. Latin America By Distribution Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4.3.1. Adoption Rate (%) by Distribution Channels
7.3.4.3.2. Online Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4.3.3. Offline Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4.3.4. Market Attractiveness by Distribution Channels
7.3.4.3.5. BPS Analysis by Distribution Channels
7.3.5. Asia Pacific (APAC) Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.1. Asia Pacific By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.3.5.1.1. China Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.1.2. Japan (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.1.3. India (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.1.4. Singapore (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.1.5. South Korea (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.1.6. Australia (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.1.7. New Zealand (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.1.8. Rest of APAC (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.1.9. Market Attractiveness by Country
7.3.5.1.10. BPS Analysis by Country
7.3.5.2. Asia Pacific By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.2.1. Adoption Rate (%) by Product Type
7.3.5.2.2. Beauty Care (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.2.3. Hair Care (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.2.4. Makeup (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.2.5. Fragrances (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.2.6. Market Attractiveness by Product Type
7.3.5.2.7. BPS Analysis by Product type
7.3.5.3. Asia Pacific By Distribution Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.3.1. Adoption Rate (%) by Distribution Channels
7.3.5.3.2. Online Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.3.3. Offline Channels (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5.3.4. Market Attractiveness by Distribution Channels
7.3.5.3.5. BPS Analysis by Distribution Channels
8. Competitive Outlook
8.1. Market Share of Major Players (2016)
8.2. Company Profiles
8.2.1. Amara Cosmetics
8.2.1.1. Company Synopsis
8.2.1.2. Business Strategy
8.2.1.3. Product Portfolio
8.2.1.4. SWOT Analysis
8.2.2. Pure Halal Beauty
8.2.3. SAAF International
8.2.4. Samina Pure Makeup
8.2.5. Inika Cosmetics
8.2.6. Martha Tilar Group
8.2.7. One Pure
8.2.8. Ivy Beauty
8.2.9. MMA Biolab
8.2.10. The Halal Cosmetics company
8.2.11. Clara International
8.2.12. INGLOT
8.2.13. Jataine
8.2.14. Le Wangi De Wangi
9. Porters Five Force Model
10. Market Landscape: Competition and Beyond
11. Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
12. Expert Analysis
13. Concluding Remarks


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