The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The growing Muslim population is likely to spur innovation in halal cosmetics manufacturing, propelling the market throughout the forecast period.

The global halal cosmetics market is expected to grow from $32.50 billion in 2022 to $37.38 billion in 2023 at a compound annual growth rate (CAGR) of 15%. The global halal cosmetics market size is expected to reach $62.65 billion in 2027 at a CAGR of 13.8%.

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Global Halal Cosmetics Market Segments Include:

• By Type: Skin Care, Hair Care, Makeup, Others
• By Distribution Channel: Offline, Online
• By End User: Men, Women, Unisex
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global halal cosmetics market in 2021.

Major Market Players in the halal cosmetics market include Amara Beauty, Prolab Cosmetics, CLARA INTERNATIONAL BEAUTY GROUP, Halal Beauty Cosmetics, IBA Cosmetics, INIKA Organic Australia, Saaf Skincare, PHB Ethical Beauty Ltd.

Product innovations are a hot trend in the halal cosmetic sector. To maintain their market position, major players in the halal cosmetics market are embracing innovative technology. Flora and Noor, a US-based skincare firm with halal, vegan, and cruelty-free products, for example, will debut a range of halal skin care in June 2021. Cleansers, toners, serums, moisturisers, and masks are included, as are body items such as body butter, scrubs, and bath bombs. Halal skincare products are devoid of animal byproducts and alcohol.

The Halal Cosmetics Global Market Report 2023  provides a halal cosmetics market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The halal cosmetics market forecast analyzes halal cosmetics market size, halal cosmetics market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Halal cosmetics are beauty and personal care products that are free of haram components or substances and follow Islamic law. They provide the same functions as other cosmetics and personal care products.

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