Global Halal Cosmetics Market Analysis and Forecast, 2019-2028 – by RationalStat

 
WILMINGTON, Del. - Dec. 8, 2022 - PRLog -- The report, titled "Global Halal Cosmetics Market" analyzes the global and regional market according to the type of product, gender, category, distribution channel, and location. A thorough report offers a detailed analysis of the historical and projected market size till 2028, along with a market trend analysis.

The Market and its Dynamics The demand for Halal Cosmetics to rise during the forecast period due to the increasing awareness of consumers about the harmful effects of certain chemicals.

The market for halal products worldwide is predicted to expand at a CAGR of approximately 9 percent over the 2022-2028 forecast period. The growing awareness among consumers about the negative impacts of certain substances like carcinogens and carbon black that are commonly utilized in cosmetics is driving the demand for cosmetics that are halal.

Segmental Analysis
  • Based on product type, the hair care segment is dominating the global halal cosmetics market due to desire and specific interest in healthy hair, especially among Muslim women.

Competition Analysis

The global halal cosmetics market is fragmented in nature with the presence of various players operating in the global market. Companies are investing in R&D for the growth of the global market. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships, and collaborations are some of the strategies followed by industry players.
  • In 2022, South Korea-based Kolmar announced to penetrate into the Middle East and North Africa region where it would supply its halal-certified cosmetics to cater to a wide range of customers.

RationalStat has segmented the global halal cosmetics market on the basis of product type, gender, category, distribution channel, and region.
  • By Product Type
    • Skin Care
    • Personal Care
    • Hair Care
    • Fragrances
    • Beauty Care
  • By Gender
    • Men
    • Women
  • By Category
    • Mass
    • Premium
  • By Distribution Channel
    • Conventional Retail (Brick and Mortar Stores, Convenience Stores)
    • Modern Retail
      • Supermarkets/Hypermarkets
      • Specialty and Discount Stores
    • By Region
      • North America
        • US
        • Canada
      • Latin America
        • Brazil
        • Mexico
      • Western Europe
        • Germany
        • UK
        • France
        • Spain
        • Italy
      • Eastern Europe
        • Russia
        • Poland
      • Asia Pacific
        • China
        • Japan
        • India
        • South Korea
      • Middle East & Africa
        • GCC
        • South Africa
        • Turkey
        • Rest of the Middle East & Africa

For more information about this report visit https://store.rationalstat.com/store/global-halal-cosmetics-market-trends-analysis-forecast/

About RationalStat LLC

RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies.  The company has sales offices in India, Mexico, and the US to support global and diversified businesses.

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Kimberly Shaw
***@rationalstat.com
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Tags:Halal Cosmetics
Industry:Beauty
Location:Wilmington - Delaware - United States
Subject:Services
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