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Halal Cosmetics Market Growth, Analysis, Size, Trends, Emerging Factors, Demands, Key Players, Emerging Technologies and Potential of Industry Till 2028

The global halal cosmetics market size was USD 21.20 billion in 2020. The market is anticipated to grow from USD 33.3 billion in 2021 to USD 77.34 billion by 2028 at a CAGR of 12.7% in the 2021-2028 period. This information is provided by Fortune Business Insights™, in its report titled, “Halal Cosmetics Market, 2021-2028.”

According to our researchers, the surging consumer inclination for chemical-free, organic ingredient-grounded cosmetics, and personal care products is fueling the market growth. Moreover, important players remain to focus on R&D and innovation activities, which greatly enhance sales.

COVID-19 Impact

Interruptions in Supply Chain amid Pandemic to Hinder Growth

COVID-19 has caused significant supply chain disruptions worldwide, most notably throughout 2020. Small-scale manufacturers in emerging countries, such as India, Malaysia, and others, are being challenged by price fluctuations and economic uncertainties caused by the novel pandemic. Key international players such as Kao Corporation and Ivy Beauty Corporation Sdn Bhd are also experiencing disruptions in their business operations.

Fortune Business Insights™ lists out all the halal cosmetics market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:

  • Ivy Beauty Corporation Sdn Bhd (Selangor, Malaysia)
  • Iba Cosmetics (Ahmedabad, India)
  • Talent Cosmetics (Seoul, Korea)
  • Clara International Beauty Group (Selangor Darul Ehsan, Malaysia)
  • Kao Corporation (Tokyo, Japan)
  • Amara Halal Cosmetics (California, U.S.)
  • INIKA Organic (Victoria, Australia)
  • Elaheh Halal Cosmetics Inc (New York, U.S.)
  • Flora & Noor (Kentucky, U.S.)
  • Martha Tilaar Group (Jakarta, Indonesia)

Report Coverage

The report presents a holistic study of the disposable medical gloves market along with current trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, a thorough regional analysis is offered. The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified, and their strategies to bolster the market growth are shared in the report.

Driving Factors

Quality and Safety of Cosmetics Set to Support Market

Halal cosmetics are produced or obtained from halal ingredients, comprising oils, vitamins, organic solvents, proteins, plant, and botanical extractions, as well as antioxidants. They are created utilizing a complex combination of all these components under halal standards. Manufacturers carefully monitor the products to match the halal grade. The safety and quality of halal cosmetic principles are difficult in comparison with normal cosmetics products that are available in market for sale. This factor also contributes to the heightened popularity of halal-certified cosmetics worldwide. Therefore, this is estimated to boost the halal cosmetics market growth during the forthcoming era.

Segments

Based on product type, the market is segmented into skincare, haircare, makeup, and others. The skincare segment held a dominant share of the market in 2020.

Based on distribution channel, the market is categorized into store-based/offline and non-store-based/online.

Geographically, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Regional Insights

Russia appeared as a notable market in Europe in 2020 with 28.60% market share. The country is projected to preserve its considerable position through the forecast period.

The U.S. led the North America market in 2020. In recent years, it has been observed a substantial rise in the number of novel participants capitalizing on the business prospects in the country.

Asia Pacific held the most significant halal cosmetics market share in 2020 and is expected to witness sturdy growth over the forecast period.

Competitive Landscape

Inventive Product Launch Declarations by Vital Players to Bolster Market Growth

The fundamental players implement numerous tactics to boost their position in the market as dominating companies. One such fundamental tactic is procuring companies to boost the brand value among users. Another effective tactic is intermittently unveiling innovative products with a methodical review of the market and its target audience.

Industry Development

June 2021– Flora & Noor, a Muslim-possessed skin care brand presented novel halal sanctioned skin care products. The company presents toners, serums, cleaners, moisturizers, body scrubs as well as bath bombs, and all these products are vegan, cruelty-free, and halal approved.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/halal-cosmetics-market-106602

Sambhav
Oliver James is a UK-based professional blogger, content writer, and content marketer who writes about travel and tourism, finance, real estate, and other topics on his blog. Passionate about writing, traveling, and getting the best deal on everything he buys, Oliver also writes for customers and helps them publicize their products, and services in the US and UK markets. He is a traveler who has visited over 35 countries and loves his job because it gives him the opportunity to find stories, experiences, and places which he can share with his readers. Oliver James is a professional blogger, content marketer, traveler, and electronics enthusiast. He started blogging in 2016 and has become a contributing writer for several blogs, including Android Authority and Elecpros. Oliver has also published his own informational books with Kindle Direct Publishing on subjects like Flappy Bird and Google Cardboard. Also Read: > all inclusive holidays > Lumber Takeoff Services QB data service is a software development company established in the United States that specialises in offering organisations all over the world with individualised technological solutions. QB data service is a company that specialises in the development of mobile and web-based applications, and it employs over 2,800 skilled software developers. In order to deliver enterprise-grade solutions, the company combines its technological expertise, specific domain experience, and a passion for excellence. Communication Happening in Real Time Our application developers adhere to your time zone so that real-time collaboration and a genuine "branch location" atmosphere may be achieved. This helps to ensure that we are always available during your operating hours. Support and scalability of the system We define strategies and a dedicated team for your software development project based on your objectives, and we work with you to achieve those objectives so that you receive the most value and the quickest return on investment possible. Expertise Pertaining to One's Industry Our software developers are divided into virtual divisions, each of which carries the domain experience and know-how necessary to provide outstanding application development solutions. Who Owns the Source Code and All Other IP After the completion of the project, there will be no need to pay any licencing costs for our totally customisable software solutions. According to the terms of our agreement, you will have full ownership of the source code as well as the intellectual property associated with your proprietary software. QB data service takes great satisfaction in possessing comprehensive industrial and technology experience, which enables the company to design, integrate, and implement genuinely exceptional custom software solutions for its customers. In order to achieve this objective, QB data service has developed a broad ecosystem of connections with the most influential figures in both industry and technology. Our ability to advance our clients' technological goals through the development of bespoke software solutions is entrusted to us by businesses ranging in size from small to mid-sized to those in the Fortune 5000. Hi, I am James Aaron, a professional Data recovery Engineer, working with Quickbooks Data Services as a consultant from the past five years in the USA. I am a specialized and trained Cloud consultant who helps a small and medium-sized entrepreneur to track & manage their company file and a database online at any time from anywhere. reset QuickBooks password | QuickBooks Error 3371 | QuickBooks Error H202 | QuickBooks outlook is not responding | QuickBooks unrecoverable error | QuickBooks Tool Hub | QuickBooks 2022 keeps crashing | QuickBooks restore failed | QuickBooks migration failed unexpectedly | QuickBooks Error 1712 | this company file needs to be updated | QuickBooks Error PS038 | QuickBooks Error OL 222 | QuickBooks missing pdf component | QuickBooks update error | QuickBooks 2020 discontinued | QuickBooks Bank transactions not updating | QuickBooks Error 1603 | QuickBooks Data migration services | QuickBooks Data Conversion services | QuickBooks Data Recovery services
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