Halal Cosmetics Products Market

Global Halal Cosmetics Products Market Size (2024 to 2029)

The global halal cosmetics products market is estimated to grow from USD 106.97 billion in 2024 to USD 158.49 billion by 2029, growing at a CAGR of 8.18% from 2024 to 2029.

Current Scenario of the Global Halal Cosmetics Products Market

Halal cosmetics include hair shampoos, conditioners, bath and shower gels, cleansers, creams, lotions, baby powder, tonics, makeup, perfumes, eau de cologne, and oral care products.

Halal cosmetics are personal care products that do not contain ingredients prohibited by Islamic law. This cosmetic product does not include alcoholic components or substances derived from animals, such as animal blood and pork products, during the manufacturing process. Since Islamic law only allows the use of halal cosmetics, this religious sector has the most extensive consumer base of halal cosmetics in the world.

MARKET DRIVERS

In some of the world's most famous Islamic countries, the growing population and disposable income in the Muslim community are expected to be the main drivers of the global halal cosmetic products market.

Halal Cosmetics Products are increasing as consumers' awareness of the use of ingredients in personal care products increases. The government has confirmed that the Malaysian Ministry of Islamic Religion certifies halal cosmetics without using animal fats, jelly, or other chemicals. Halal cosmetics are known to be safe for Muslim and non-Muslim consumers in terms of process knowledge, product characteristics, and ingredients used. Health risks, such as cancer and other distortions associated with cosmetics containing nanoparticle components, have led to a change in consumer preference for halal cosmetic products. The global halal cosmetics market has been classified into several types of products like skincare products, hair care products, makeup products, etc. 

The growing demand for halal cosmetics is biased due to the halal logo. Halal cosmetics manufacturers participate in continuous research and development to develop new products and conduct periodic surveys to capture customer interest in halal cosmetics. The growing Muslim population and the preference for the consumption of beauty products are considered the main drivers of the global halal cosmetic products market.

MARKET RESTRAINTS

However, a lack of knowledge about halal cosmetics among consumers has reduced the adoption rate, which has delayed the market for halal cosmetics. The monopoly of non-Muslim companies and strict government rules and regulations limit the global market for halal cosmetic products in several parts of the world.

REPORT COVERAGE

REGIONAL ANALYSIS

The Halal cosmetics market in the Asia Pacific is estimated to reach US$ 2.9 billion by the end of 2023, with a compound annual growth rate of 9.4% during the forecast period.

Asia-Pacific market is growing in the need for regional personal beauty and the demand for vegan cosmetics. The European halal cosmetics market is predicted to grow at a rapid pace due to the dominance of well-established cosmetics manufacturers in regions such as Saint Laurent and L'Oreal. 

The Middle East is expected to have the most extensive consumer base due to the dominance of Islamic culture. If there is no halal certification body in the area, the supply of halal cosmetics in the area is anticipated to be facilitated.

KEY MARKET PLAYERS

Companies such as Ivy Beauty Corporation Sdn Bhd, Darling MMA Bio Lab Sdn Bhd, Talent Cosmetic Co., Limited, PHB Ethical Beauty, Halal Cosmetics Company, Sampure Minerals Inika, Amara Cosmetics Inc., Maratha Tilaar Group, Saaf Yes Skincare, Clara International, Prolab Cosmetics, NUTRALab, IBA Halal Care, Nizona Corporation, Zelcos and Croda are some of the notable players in the global halal cosmetic products market.

RECENT HAPPENINGS IN THE MARKET

• L'Oreal has numerous Halal-certified products, and experts have examined its manufacturing facilities that supply Indonesia with Indonesia's cosmetics market, which consists of some 200 million Muslims.

• In July 2016, Cosmax Inc., a Korean manufacturer of cosmetic materials development and design, produced 50 certified halal products at its plant in Jakarta, Indonesia. The company became the first Korean manufacturer to receive Halal certification from Majlis Ulama Indonesia (MUI).

• Based in Malaysia, DagangHalal started a business from this complexity by creating an online halal certificate database to facilitate exchanges and accelerate applicants' processes.

DETAILED SEGMENTATION OF THE GLOBAL HALAL COSMETIC PRODUCTS MARKET INCLUDED IN THIS REPORT

This research report on the global halal cosmetic products market has been segmented and sub-segmented based on product type, application, distribution channel, and region.

By Product Type

• Personal Care Products
• Color Cosmetics
• Fragrances

By Application

• Hair Care
• Skin Care
• Face Care
• Beauty Care

By Distribution Channel

• Offline
• Online

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa