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Halal Cosmetic Products Market To See Major Growth By 2027: Amara Cosmetics Inc., The Halal Cosmetics Company,

This report calculates the Halal Cosmetic Products Market size, future trends, demand, revenue, price, growth, market drivers, opportunities and challenges, sales channels and distributors, and forecast (2021-2027). The competition in the global Halal Cosmetic Products industry is analyzed, taking into consideration price, revenue, sales, and market share by company, market concentration rate, competitive situations and trends, expansion, merger and acquisition, and market shares of top companies.

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Halal stands for lawful or permissible in Arabic language. Halal cosmetics products are gaining popularity among consumers as they offer excellent advantages over most conventional cosmetics products. For instance, being alcohol free, halal cosmetics are less likely to irritate sensitive skin. Moreover, halal cosmetic products are not tested on animals and completely based on health and ethical benefits.

Consumers are shifting their preference towards halal cosmetics, owing to increasing awareness regarding harmful effects of synthetic cosmetics such as skin allergy, respiratory distress and various others. Also, increasing demand for halal cosmetics in South East Asian countries such as Indonesia and Malaysia and marketing activities by key players to tap potential market into Middle East are driving growth of the global halal cosmetic products market.

Global Halal Cosmetic Products Market Outlook:

  • Asia Pacific accounted for major market share in global halal cosmetic products market in 2016, owing to presence of key players in the Asian economies along with bulk availability of raw material, the region is projected to retain its dominance in the near future. In Asia Pacific, the personal care industry is gaining major traction due to increasing demand for cosmetics in China, India, South Korea, and ASEAN countries. According to International Trade Administration 2016 Report on Asia Personal Care and Cosmetics Market, China is projected to become largest market for cosmetics globally in next five to ten years. Moreover, in 2015, Indonesian government passed a new Halal regulation under which most of the cosmetics products are recommended to be Halal without containing alcohol or animal ingredients. Such factors are fueling growth of the Asia Pacific halal cosmetic products market.  
  • As Halal cosmetics products meet the Halal regulations in Middle East, they are gaining major traction among Middle East countries such as Saudi Arabia, UAE, and various others. Moreover, Halal cosmetics standardization authorities such as Emirates Authority for standardization and Metrology (ESMA) have established a special ‘Emirati System’ for control of halal products and are supporting global cosmetic manufacturers to get halal accreditation through optimal model for halal certification.

Top Key Company: Amara Cosmetics Inc., The Halal Cosmetics Company, Talent Cosmetics Co. Ltd., PHB Ethical Beauty Ltd, Clara International Beauty Group, Sampure Minerals, and IBA Halal Care among others.

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Important Information that can be extracted from the Report:

♦ Assessment of the COVID-19 impact on the growth of the Halal Cosmetic Products Market

♦ Successful market entry strategies formulated by emerging market players

♦ Pricing and marketing strategies adopted by established market players

♦ Country-wise assessment of the Halal Cosmetic Products Market in key regions

♦ Year-on-Year growth of each market segment over the forecast period 2027

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In Addition, The Years Considered For The Study Are As Follows:

Historical year – 2014 to 2018
Base year – 2019
Forecast period – 2020 to 2026

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