Halal Cosmetics and Personal Care Market Global Size, Share and Research 2024Posted by Ritu on February 16th, 2021 Halal Cosmetics and Personal Care Market is driven by the increasing demand for cruelty-free and vegan products, especially among younger generation. This demand side want has played a significant role in encouraging innovation in the market. Efforts on the part of the market players to promote their innovative products, which are also intended at establishing a strong foothold in the competitive environment, are expected to enable steady growth in the coming years. During 2020-2024 halal cosmetics and personal care market size will grow by $ 28.34 over at a CAGR of almost 7%. APAC will provide significant growth opportunities to vendors. During the forecast period the region will account for 44% of the market’s growth.
Growth in the market will be driven by factors such as the growing interest in personal grooming. The emerging demand for halal personal care and grooming products among men will also have a significant influence on the growth of the halal cosmetics and personal care market during the forecast period. Though the market will offer several growth opportunities, factors such as will also challenge the growth of the market participants. Amara Halal Cosmetics, Clara International Beauty Group, Ivy Beauty Corp., and PROLAB COSMETICS are some of the key halal cosmetics and personal care market vendors. The report provides an analysis of the market’s competitive landscape, the strategies adopted by companies to increase their market share, and the key products or services they provide. The report also analyzes the market based on segmentations such as Product (Halal color cosmetics and Other halal BPC products), Distribution channel (Offline distribution channel and Online distribution channel), and Geography (North America, APAC, Europe, South America, and MEA). To improve their market positions, the vendors should focus more on the fast-growing segments. View our report page for more insights on the emerging market trends that will influence the growth of the halal cosmetics and personal care market. Like it? Share it! More by this author |