Halal Cosmetics Market by Product Type, Application, and Distribution Channel - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ID: 4227019
  • Report
  • Region: Global
  • 130 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • Amara Cosmetics
  • Clara Internation
  • Halal Cosmetics Company
  • Iba Halal Care
  • Inika
  • Mena Cosmetics
  • MORE

Halal Cosmetics Market by Product Type (Personal Care Products, Color Cosmetics, and Fragrances), Application (Hair Care, Skin Care, Face Care, and Beauty Care), and Distribution Channel (Online and Offline) - Global Opportunity Analysis and Industry Forecast, 2014-2022

Halal cosmetics market includes the cosmetics which only use animal ingredients from animals which have been Islamically slaughtered. The increase in the global Muslim population and their purchasing power have resulted in product base expansion in the halal industry. Halal cosmetic products have witnessed high adoption among Muslim consumers owing to increase in demand for personal care products that adhere to religious loyalties. The global halal cosmetics market is expected to reach $54,164 million by 2022, registering a CAGR of 15.2% during the forecast period.

Halal cosmetics market is expected to witness increasing demand during the forecast period owing to rise in Muslim population in Muslim-dominant countries such as Indonesia, UAE, Saudi Arabia, Turkey, Egypt, and Malaysia; growth in demand for personal hygiene & beauty care products that adhere to Islam religion; and surge in purchasing power among Muslim consumers.

Rising Muslim population, development of the halal market, and increase in compliance of halal certification drive the growth of the global halal cosmetics industry. As per the Islamic Shariah Laws, halal cosmetics should be certified by the registered halal authorities before they are introduced in the market. Halal certification enables Muslim consumers to identify the authenticity of the products. Furthermore, products certified by recognized bodies, such as JAKIM (Jabatan Kemajuan Islam Malaysia), will also boost consumer confidence and further propel halal cosmetics market growth. However, high costs associated with these cosmetics and lack of standard guidelines for halal certification are expected to hamper the halal cosmetic industry growth.

The halal cosmetics market is segmented on the basis of product type, application, distribution channel, and geography. Based on product type, the halal cosmetics market is classified into personal care products, color cosmetics, and fragrances. Among these products, the personal care products such as face wash, shampoos, and other toiletries are majorly in demand and hold a share of 38.5% in global halal cosmetics market. Applications covered in the study include hair care, skin care, face care, and beauty care.

The distribution channel of the halal cosmetics market comprise of offline and online sale, where offline mode includes brand outlets, boutiques, multi-brand stores, and specialty stores. Customers majorly prefer the retail mode of sale while buying cosmetics as they can analyze the product regarding the contents and manufacturing date of the product. However, online medium for the purchase of halal cosmetics is observed to be a rising trend among them. Online sales channel is expected to grow at the highest CAGR of 18.2% during the forecast period.

Geographically, the halal cosmetics market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. LAMEA possesses high growth potential owing to the presence of Muslim-dominant countries in Middle East, such as Saudi Arabia, UAE, Qatar, Kuwait, and others who strictly use halal cosmetics, thereby adhering to the Islamic virtues. Moreover, increase in purchasing power and rise in demand for personal & beauty care among Muslim consumers fuel the market growth. Asia-Pacific is expected to witness significant growth due to increase in Muslim population, particularly in countries dominated by Muslim such as Indonesia, Malaysia, and Singapore. Personal care and fragrances together accounted for nearly 65% of the revenue in the Asia-Pacific halal cosmetics market. The market in LAMEA is expected to grow at a highest CAGR of 15.7% during the forecast period.

The key players operating in the market include Amara Cosmetics, Iba Halal Care, Halal Cosmetics Company, Clara Internation, Inika, Wardah Cosmetics, PHB Ethical Beauty, Sampure Minerals, One Pure, Mena Cosmetics, SaafSkinCare, and others.

Other prominent players include Martha Tilar Group, MMA Bio Lab Sdn Bhd., Talent Cosmetics Ltd., Wipro Unza, Brataco Group of Companies, Ivy Beauty Corporation Sdn Bhd., and Paragon Technology and Innovation.

KEY BENEFITS

The report provides a comprehensive analysis of present & future market trends and opportunities for the growth of the halal cosmetics market globally.
The report offers an extensive analysis of segments, drivers, restraints, and trends related to the market in different countries.
The report provides a detailed analysis of top impacting factors that affect the market growth.
The report offers an insight in terms of strategies and product developments of major operating players.

Key Market Segments

By Product Type

Personal Care Products
Color Cosmetics
Fragrances

By Application

Hair Care
Skin Care
Face Care
Beauty Care

By Distribution Channel

Offline
Online

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Indonesia
Malaysia
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Amara Cosmetics
  • Clara Internation
  • Halal Cosmetics Company
  • Iba Halal Care
  • Inika
  • Mena Cosmetics
  • MORE
CHAPTER 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2. EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Moderate bargaining power of suppliers
3.3.2. High bargaining power of buyers
3.3.3. Low threat of substitution
3.3.4. High threat of new entrants
3.3.5. Moderate competitive rivalry

3.4. MARKET PLAYER POSITIONING
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Rising Muslim population
3.5.1.2. Booming halal market
3.5.1.3. Increasing compliance of halal certification

3.5.2. Restraints

3.5.2.1. Lack of standard guidelines for halal certification
3.5.2.2. High costs associated with halal cosmetics

3.5.3. Opportunities

3.5.3.1. Multinational players that tap into the halal cosmetics market

CHAPTER 4. GLOBAL HALAL COSMETICS MARKET, BY PRODUCT TYPE

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. PERSONAL CARE PRODUCTS

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. COLOR COSMETICS

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

4.4. FRAGRANCES

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast

CHAPTER 5. GLOBAL HALAL COSMETICS MARKET, BY APPLICATION

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. HAIR CARE

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. SKIN CARE

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

5.4. FACE CARE

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast

5.5. BEAUTY CARE

5.5.1. Key market trends
5.5.2. Key growth factors and opportunities
5.5.3. Market size and forecast

CHAPTER 6. GLOBAL HALAL COSMETICS MARKET, BY DISTRIBUTIOBN CHANNEL

6.1. OVERVIEW

6.1.1. Market Size and Forecast

6.2. OFFLINE

6.2.1. Key Market Trends
6.2.2. Key Growth factors and Opportunities
6.2.3. Market Size and Forecast

6.3. ONLINE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

CHAPTER 7. BARRIERS SYTEMS MARKET, BY GEOGRAPHY

7.1. OVERVIEW

7.1.1. Market size and forecast

7.2. NORTH AMERICA

7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast

7.2.3.1. U.S.
7.2.3.2. Canada
7.2.3.3. Mexico

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast

7.3.3.1. Germany
7.3.3.2. France
7.3.3.3. UK
7.3.3.4. Italy
7.3.3.5. Spain
7.3.3.6. Rest of Europe

7.4. ASIA-PACIFIC

7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast

7.4.3.1. Indonesia
7.4.3.2. Malaysia
7.4.3.3. India
7.4.3.4. Rest of Asia-Pacific

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Market size and forecast

7.5.2.1. Latin America
7.5.2.2. Middle East
7.5.2.3. Africa

CHAPTER 8. COMPANY PROFILES

8.1. AMARA COSMETICS

8.1.1. Company overview
8.1.2. AMARA COSMETICS: COMPANY SNAPSHOT
8.1.3. Operating business segments
8.1.4. Business performance
8.1.5. Key strategic moves and developments

8.2. IBA HALAL CARE

8.2.1. Company overview
8.2.2. Operating business segments
8.2.3. Business performance

8.3. HALAL COSMETICS COMPANY

8.3.1. Company overview
8.3.2. Operating business segments
8.3.3. Business performance
8.3.4. Key strategic moves and developments

8.4. CLARA INTERNATIONAL

8.4.1. Company overview
8.4.2. Operating business segments
8.4.3. Business performance

8.5. INIKA

8.5.1. Company overview
8.5.2. Operating business segments
8.5.3. Business performance

8.6. WARDAH COSMETICS

8.6.1. Company overview
8.6.2. Operating business segments
8.6.3. Business performance

8.7. PHB ETHICAL BEAUTY

8.7.1. Company overview
8.7.2. Operating business segments
8.7.3. Business performance

8.8. SAMPURE MINERALS

8.8.1. Company overview
8.8.2. Operating business segments
8.8.3. Business performance

8.9. ONE PURE

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Business performance

8.10. MENA COSMETICS

8.10.1. Company overview
8.10.2. Operating business segments
8.10.3. Business performance
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FEATURED COMPANIES

  • Amara Cosmetics
  • Clara Internation
  • Halal Cosmetics Company
  • Iba Halal Care
  • Inika
  • Mena Cosmetics
  • MORE
Halal Cosmetics Market Report, forecasts that the Global Market is expected to reach $54,164 million by 2022, from $20,247 million in 2015, registering a CAGR of 15.2% during the forecast period.

The fragrance market is expected to register the highest CAGR of 15.8% in the halal cosmetics market, owing to increase in demand for attar sprays among Muslim consumers. LAMEA is expected to dominate the market due to increase in Muslim population countries such as Saudi Arabia, UAE, Kuwait, Bahrain, and others; rise in purchasing power, and growth in demand for personal grooming products that adhere to the Islam virtues. Asia-Pacific is expected to register a significant growth rate owing to increase in Muslim population in nations such as Indonesia, Malaysia, Singapore, and India, thereby resulting in increased halal cosmetics market size during the forecast period.

The global halal cosmetics market is driven by rise in Muslim population globally and booming halal market, which has now extended its product base to meet the growing personal & beauty care needs of Muslim population. Halal certification enables Muslim population to identify the genuine products, thereby obeying the virtues of their religion, thereby fueling the growth of the global halal cosmetics market.

However, rules and regulations pertaining to the authenticity of a halal ingredient vary as per the countries, which is thereby expected to restrict the companies to penetrate in the halal cosmetics market. Cosmetic manufacturers thereby fail to obtain an authentic halal certification in Muslim-dominant countries. Thus, lack of global standardized set of halal-specific guidelines is a major factor that restrains growth of the halal cosmetics market.

Among the product type, fragrance segment is expected to have the highest CAGR during the forecast period, followed by color cosmetics. The color cosmetics segment is expected to account for $17,908 million in 2022 from $6,635 million in 2015, registering a CAGR of 15.3%. Halal color cosmetics have widespread adoption among the Muslim women population, especially in the youth. Increase in interest of the young Muslim population toward make-up trends that adhere to the religious loyalties has fueled the demand for global color cosmetic products. The demand for halal color cosmetics is expected to witness an upsurge due to rise in purchasing power and growth in desire for trendy looks among consumers. Halal color cosmetic products include a broad array of products such as lipsticks, hair color, blushes, lip balms, and others. These products are widely used among the young Muslim population who are associated with fashion industry, for instance, airline hostesses and others. Muslim women are more particular about using halal color cosmetics during Ramadan pertaining to the stringent religious rules.

The demand for halal cosmetic products in the overall halal cosmetics industry is expected to be driven by increase in purchasing power of the growing Muslim population and significant desire among young Muslim women to associate their interest in fashion and makeup with Islamic religious loyalties. These factors also provide lucrative opportunities to the multinational cosmetic companies to enter the halal cosmetics market. Countries such as Saudi Arabia, Iran, UAE, Malaysia, and Indonesia offer potential growth opportunities for halal color cosmetics products owing to the factors such as increase in young population, high disposable income, and rise in interest in fashion and makeup trends.

In the halal cosmetics industry, LAMEA is expected to register the highest CAGR of 15.1% owing to the growth in Muslim population, especially in the Middle East, high purchasing power, and continuous demand for personal & beauty care cosmetic products among the Muslim consumers.

Key Findings of the Halal Cosmetics Market:

The hair care segment generated the highest revenue in 2015, and is expected to grow at the CAGR of 14.1% during the forecast period.
Personal care segment accounted for the highest revenue in 2015, and is expected to have a notable CAGR of 14.6%.
With growth in demand for e-commerce sales, the online distribution sales channel is expected to grow at the fastest rate of 18.2% by 2022.
The key players operating in the market include Amara Cosmetics, Iba Halal Care, Halal Cosmetics Company, Clara Internation, Inika, Wardah Cosmetics, PHB Ethical Beauty, Sampure Minerals, One Pure, Mena Cosmetics, SaafSkinCare, and others.
Note: Product cover images may vary from those shown
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  • Amara Cosmetics
  • Iba Halal Care
  • Halal Cosmetics Company
  • Clara Internation
  • Inika
  • Wardah Cosmetics
  • PHB Ethical Beauty
  • Sampure Minerals
  • One Pure
  • Mena Cosmetics
  • SaafSkinCare
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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