Global Halal Cosmetics Market – Industry Trends and Forecast to 2030

Halal Cosmetics Market Analysis and Size

Cosmetics that are labelled as "halal" are made without any substances that are prohibited by Islamic law. These skincare and beauty products don't include any compounds that might damage the skin or have negative side effects, and they are also vegan-free. Additionally, as materials from animals or genetically modified creatures are prohibited by law, the products are devoid of any such substances.

Data Bridge Market Research analyses that the Halal cosmetics market which was USD 49.47 billion in 2022, would rocket up to USD 126.94 billion by 2030, and is expected to undergo a CAGR of 12.5% during the forecast period. “Personal care” dominates the product segment of the halal cosmetics market because it is free from animal cruelty, clean, and danger. Routine cosmetics like foundation, lipstick, and mascara don't include harmful substances like acetone, parabens, nitrate, sulphates, and others of that kind.

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Halal Cosmetics Market Scope and Segmentation

Market Definition

Halal cosmetics are products created using substances that are permitted under Islamic law. There are no ingredients in any cosmetics that are derived from animals or genetically engineered creatures. The need for halal cosmetics has rapidly increased as a result of the growing Muslim population. The need for halal cosmetics products is being driven by an increase in the number of women, particularly Muslim women, who are pursuing careers in the fashion and cosmetics industries. There is no animal cruelty in these products. There is an increase in the usage of these goods as a result of a growing desire for personal grooming and the use of beauty products that follow the religious tenets of the Muslim community. Under this area, goods like lipstick Lip Balms Foundation, skin care goods, creams, moisturizers, lotions, and goods for personal care and hygiene are all produced.

Halal Cosmetics Market Dynamics

Drivers

• Increasing customer demand for quality and safety in products

Cosmetics made with halal materials, such as oils, organic solvents, proteins, vitamins, plant and botanical extracts, and antioxidants, are produced or obtained. They are produced under halal standards utilizing a complicated combination of all these components. To ensure that the items are halal, manufacturers carefully watch over them.

The use of components derived from human body parts, pigs, blood, reptiles, and insects is prohibited by Islamic law. The legislation also stipulates that items must be produced, processed, stored, and transported in a sanitary manner. Comparing halal certified cosmetics to other types of commercially accessible cosmetics, they are safer and of superior quality. This element also had a role in the global increase in halal certification for cosmetics.  

• The Growing Halal Certification Compliance

Halal cosmetics are made from halal components, such as oils, organic solvents, plants, botanical extracts, proteins, vitamins, and antioxidants, because Islamic law forbids the use of substances derived from pork, carrion, blood, human body parts, predatory animals, reptiles, and insects. Additionally, these items are manufactured, processed, stored, and transported in accordance with the high criteria for halal-certified cosmetic safety and quality. As a consequence, halal skincare products provide established standards, and the halal mark is seen as a sign of product safety and quality assurance, which is helping halal cosmetics gain popularity. In addition, the Muslim population's growing awareness of halal-certified cosmetics, which guarantees standards and makes it easier for them to recognise authentic goods, is providing profitable growth prospects to major market participants for boosting their customer bases.

Opportunities

• Shifting consumer preferences and awareness benefits halal cosmetics

Furthermore, the development of technology and the rise in the demand for halal cosmetics to meet growing market demand, an increase in market research and development efforts and extend profitable opportunities to the market players in 2023 to 2030. Additionally, investment in research and development and collaboration with Islamic organizations will further expand the future growth of the Hydrogen storage market. 

Restraints/Challenges

• The cost of halal cosmetics is a barrier to consumer demand.

Cosmetics with the halal certification cost substantially more than regular cosmetics. Although quality and safety are important considerations for buyers when making purchases, pricing still dominates the market. Due to pricing, consumers in emerging nations like Brazil, India, China, and others are switching from halal-type cosmetic items to conventional cosmetics. Therefore, higher price points are probably going to limit the expansion of the halal cosmetics industry during the anticipated period of time.  

This Halal cosmetics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Halal cosmetics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

• In November 2022, Iba Cosmetics joined forces with the Singapore-based Believe company. For distribution and market expansion in operational nations like the Middle East, Europe, and South Asia, Believe Company has committed USD 10 million in a partnership with Iba Cosmetics.
• In April 2022, Pure with Purpose, a new cosmetics line from Inika Organic, was introduced. Lash & Brow Serum, Hydrating Toning Mist, Eyeshadow Quads, Brow Palette, and other items are among the group's offerings. These products are advertised as being entirely natural, vegan-certified, halal-certified, and devoid of animal testing.

In December 2021, with the inauguration of its new retail cosmetic shop, The dUCK Group increased its reach throughout Singapore. The shop is 1,800 square feet and is situated on Singapore's Haji Lane. The shop sells its unique, recently released selection and limited edition items there.

Global Halal cosmetics Market Scope

The Halal cosmetics market is segmented on the basis of product, distribution channel and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

PRODUCT

• Personal Care
• Skin Care
• Hair Care
• Others
• Colour Cosmetics
• Face
• Eyes
• Lips
• Nails
• Fragrance

DISTRIBUTION CHANNEL

• Online
• Offline mode

APPLICATION

• Hair Care
• Skin Care
• Beauty Care
• Face Care
• Others

Halal cosmetics Market Regional Analysis/Insights

The Halal cosmetics market is analysed and market size insights and trends are provided by country, product, distribution channel, and application as referenced above.

The countries covered in the Halal cosmetics market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Asia-Pacific dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2023-2030. This is due to the highest Muslim population in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Halal cosmetics Market Share Analysis

The Halal cosmetics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Halal cosmetics market.

Some of the major players operating in the Halal cosmetics market are:

• Amara Halal Cosmetics (U.S.)
• HALAL BEAUTY COSMETICS (Malaysia)
• SAAF International. (Pakistan)
• INIKA Organic Australia (Australia)
• Martha Tilaar Group. (Indonesia)
• OnePure, LLC. (U.S.)
• IVY Beauty Corporation. (U.S.)
• MMA BIO LAB SDN BHD. (Malaysia)
• CLARA INTERNATIONAL BEAUTY GROUP. (Malaysia)
• INGLOT Cosmetics (Poland)
• Iba Cosmetics (India)
• TALENT COSMETICS (Taiwan)
• PHB Ethical Beauty Ltd (U.K.)
• Tuesday in Love (Canada)
• Wardah (Indonesia)
• Wipro Unza Holdings Ltd. (Malaysia)
• SirehEmas Marketing Sdn Bhd (Malaysia)
• PROLAB COSMETICS (Brazil)
• Ecotrail Personal Care Pvt. Ltd. (India)

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