Halal Cosmetics Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis

Halal Cosmetics Market Outlook

Global Halal Cosmetics market will reach about US$ 94.20 Billion by 2030, from a valuation of US$ 40.17 Billion by the year 2023. According to Renub Research Halal Cosmetics Market is projected to upward thrust at a CAGR of 12.95% during 2024-2030.

Beauty and personal care merchandise that comply with Islamic philosophies and are free from ingredients prohibited by Islamic regulation are called Halal Cosmetics. These products are manufactured as per Halal standards, making sure they do no longer contain substances consisting of alcohol and red meat derivatives. The Halal certification process for those cosmetics includes confirming the source and processing of elements and comparing the complete manufacturing chain. Halal cosmetics cater to the needs of Muslim consumer who are trying to find products that align with their non-secular ideals, emphasizing ethical and cruelty-free practices in method and manufacturing.

The demand for Halal cosmetics is rapidly growing, especially amongst Muslim ladies turning into a success professional within the cosmetics and trends industry. These products are cruelty free and adhere to the spiritual norms of the Muslim network. As personal grooming and beauty products growth, the trend towards halal cosmetics grows. Halal cosmetic products along with lipstick, lip balms, basis, pores and skin care products, lotions, moisturizers, creams, private hygiene, and private care merchandise are covered.

The Muslim population drives the worldwide halal cosmetics market, the improvement of the halal market, and the increase in compliance with halal certification. Moreover, multinational players accessing the halal cosmetics market are creating moneymaking growth possibilities for the Halal cosmetics industry. With the upward thrust in the Muslim populace, multinational players which include L'Oreal, Unilever, P&G, and others have the ability to penetrate the halal cosmetics industry to cater to the growing needs for halal cosmetic merchandise. Nevertheless, the high costs related to these cosmetics and the need for standard guidelines for halal certification are anticipated to avert the boom of the halal cosmetics market.

The e-trade industry flourishes way to substantial smartphone usage and better internet connectivity. As a result, the demand for halal cosmetics is increasing globally, as buyer can now effortlessly buy halal-licensed cosmetics online, which may not be to be had in physical shops in their country. Numerous groups are exploring untapped online income systems to cater to the rising worldwide Muslim customer base. Multinational businesses working inside the global halal cosmetics marketplace will benefit from those elements. The demand for halal cosmetics is driven through the young populace in countries which include Saudi Arabia, Iran, UAE, Malaysia, and Indonesia, as well as the growing hobby in style and makeup developments.

Personal Care Products will preserve the biggest marketplace proportion in Halal Cosmetics

Halal and vegan personal care products have a developing market share due to growing adoption via Muslim ladies and non-Muslim consumers. These merchandises provide advantages including skin-friendly ingredients and an extensive product variety. Their marketplace is expected to grow in the future.

Skin care segment has the most significant market revenue

By Application, the Global Halal Cosmetics Market is divided into Hair, Skin, Face, and Beauty Care. Skincare dominates the halal cosmetics industry due to increasing demand for ethical beauty products. Consumers prefer halal-certified skincare, reflecting a trend toward conscious consumerism and alignment with religious and ethical values. The skincare segment leads industry trends and drives innovation.

Halal cosmetics are majorly distributed globally, with the help of Hypermarkets & Supermarkets

By Distribution Channel, the Global Halal Cosmetics Market is classified into Hypermarkets & supermarkets, Online Stores, Convenience Stores, Specialty Stores, and Others. Halal cosmetics are widely distributed through Hypermarkets and Supermarkets, providing a convenient one-stop shopping experience. This facilitates greater visibility for these products and contributes to the industry's growth. Major retail chains are crucial in making halal cosmetic products accessible to a broader, diverse market.

Indonesia dominates the market for halal cosmetics

Indonesia has enormous potential for producing attractive and high-quality beauty products that cater to the tastes and needs of the global market. The beauty industry in Indonesia has promising markets to support its growth, where revenue and profits are crucial concepts. Consumers in Indonesia tend to spend considerably on their appearance, which has led to the development of the cosmetics industry. The high share of the Muslim population in Indonesia has resulted in an increased demand for halal cosmetics and fragrances.

Key Player 

Some prominent players with a wide range of halal cosmetics products are Estee Lauder, L'Oréal, S&J International Enterprises, Kao Corporation, Clara International Beauty Group, INIKA, AMARA COSMETICS, WARDAH COSMETICS, SAMPURE MINERALS and HALAL COSMETICS COMPANY.

Product Type – Market breakup from 3 viewpoints

1.    Color Cosmetics
2.    Personal Care Products
3.    Fragrances

Applications – Market breakup from 4 viewpoints

1.    Hair
2.    Skin
3.    Face
4.    Beauty Care

Distribution Channels – Market breakup from 5 viewpoints

1.    Hypermarkets & Supermarkets
2.    Online Stores
3.    Convenience Stores
4.    Specialty Stores
5.    Others

Country – Market breakup of 24 Countries covered in the Report

1.    North America

1.1    United States
1.2    Canada

2.    Europe

2.1    Russia
2.2    France
2.3    Germany
2.4    Italy
2.5    United Kingdom

3.    Asia

3.1    Pakistan
3.2    Indonesia
3.3    India
3.4    Bangladesh
3.5    China
3.6    Malaysia
3.7    Kazakhstan

4.    MEA

4.1    Nigeria
4.2    Egypt
4.3    Turkey
4.4    Iran
4.5    Algeria
4.6    Iraq
4.7    Morocco
4.8    Saudi Arabia
4.9    United Arab Emirates
4.10    Qatar

5.    Rest of the World

All key players have been covered from 3 viewpoints

•    Overview
•    Recent Development
•    Revenue

Company Analysis

1.    Estee Lauder
2.    L’Oréal
3.    S&J International Enterprises
4.    Kao Corporation
5.    Clara International Beauty Group
6.    INIKA
7.    AMARA COSMETICS
8.    WARDAH COSMETICS
9.    SAMPURE MINERALS
10.    HALAL COSMETICS COMPANY

Report Details: