Pune, Maharashtra -- (SBWire) -- 02/11/2020 --Halal Cosmetics Market 2020
Description: -
As mentioned in a found, the global halal cosmetics market is anticipated to grow in a profound manner in the approaching years. The worldwide market growth is mainly due to surge in the Muslim populations and increasing purchasing power as well which in turn increases the demand for halal cosmetics. To cater to the growing demand of the halal cosmetics, more players are launching new products to facilitate more number of buyers across the world.
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Some Major Key Players Are:-
The list of key companies that are operating in the market include Ivy Beauty Corporation Sdn Bhd, Mena Cosmetics, MMA Bio Lab Sdn Bhd, The Halal Cosmetics Company, Talent Cosmetic Co., Ltd., PHB Ethical Beauty, Saaf SkinCare, One Pure, Sampure Minerals, Amara Cosmetics, Wardah Cosmetics, Inika, Clara International, Prolab, and IBA Halal Care.
In addition, consumers are also showcasing their interest in halal cosmetics and personal care due to increasing awareness regarding personal hygiene and enhancing lifestyles coupled with increasing disposable income will further fuel the market in the coming years. Since halal cosmetics are quite different from the conventional cosmetics as the former don't contain any kind of alcohol or any kind of contents or ingredients that are against Islamic beliefs.
With the growing issues regarding the environmental and health hazards, people are getting more aware about impact of cosmetic industry on the environment. Some of the health hazards including distortion, breast cancer, and abnormalities pertaining to genital happen mainly due to more usage of cosmetics products that are made using nano-particle ingredients. However, low level of awareness about the presence of different halal cosmetics brand might restraint the market size from growing. However, lack of standard guidelines for Halal Certification is likely to affect the sales of these kinds of products in the coming years.
Market Segmentation
The global market for halal cosmetics market has been segregated into type and application. Based on the type, the market has been segmented into personal care products, color cosmetics and fragrances. The demand for halal personal care products is getting influenced due to increasing number of Muslims with willingness to mix personal hygiene with religious observance. Based on the application, the market has been segmented into hair care, skin care, face care and beauty care.
Detailed Regional Analysis
The global market of the halal cosmetics has been analyzed across the United States, Europe, India, Japan, China, and Southeast Asia. LAMEA region dominates the global halal cosmetics market mainly due to increase in Muslim population in Middle East countries including Saudi Arabia, UAE, Qatar, Kuwait, and others. The APAC region is also estimated to dominate the global market, countries like India, Indonesia, Malaysia, Bangladesh, Maldives, and Pakistan have more Islamic people which in turn results in growing demand of these types of cosmetics products as well. Moreover, due to surge in the types of events and camps related to educating people about the substance of beauty products is further fuelling the demand for halal cosmetics and personal care goods in the region.
Competitive Landscape
The growing competition among the players will work in the favor of the global market of halal cosmetics market. Partnerships and agreements, mergers and acquisitions among eminent companies that are presently operating in the market might provide more stability to the companies.
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Table of Contents – Major Key Points
1. Overview and Scope
2. Executive Summary
3. Halal Cosmetics Market Insights
4. Halal Cosmetics Market Size and Forecast by Product Type
5. Halal Cosmetics Market Size and Forecast by Application
6. Halal Cosmetics Market Size and Forecast by Distribution type
7. Halal Cosmetics Market Size and Forecast by Regions
Continued….
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Halal Cosmetics Market 2020 Global Rapid Growth, Competitive Analysis, Industrial Landscape and Forecasts to 2026
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