Rising Demand For Halal Cosmetics In The Market
The halal cosmetics include those ingredients which are permissible on a religious basis as it is not made out of porcine or cochineal. This type of cosmetics is generally free from the non-halal slaughtered animal materials, thus leading to the manufacturing of cosmetics like shampoos, creams, and lotions. Under the shariah law, the halal cosmetic products are permissible as they fulfill all the conditions. with the increasing Muslim population along with the strict Islamic laws complying with all the religious beliefs, the global halal cosmetic market is expected to grow during the forecast period. Also, people nowadays are becoming more and more aware of the cosmetic products and its safe usage. Due to the strict shariah principles, the Muslim consumers cannot go for using the conventional beauty products as they would only go for using the natural products like the halal cosmetic and personal hygiene products. There are several brands in the market who want to get hold of the halal certification, so their products can reach the Muslim consumers.
The global halal cosmetic market is segmented on the basis of its product outlook and regional demand. Based on its product type, the global halal cosmetic market is classified as hair care, skin care, makeup, and others. Geographically, the global halal cosmetic market is divided into regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa. amongst all these global regions, the Asia Pacific region holds the largest market share of the halal cosmetic products followed by the middle eastern region.
Factors influencing the global halal cosmetic market and its growth
There are several other factors due to which the halal cosmetic market is getting affected. For instance, more and more people are now going for the adoption of organic and natural products along with vegan cosmetic products, all of which are boosting the growth of the global halal cosmetic market. Also, the growing Muslim population who are gaining a better education is another factor that people are shifting from the usage of conventional beauty products to halal cosmetic products. Substances such as non- halal animal stuff, pork fat or alcohol cannot be used in the halal cosmetic products. Currently, there has been a lot of promotion and advertisements about the sharia-compliant non-halal products, which is another cause of the growth of the market. The silicon-based polymers like dimethicone and methicone are considered to be usable under the sharia-compliant. These two by-products are made use as the anti-foaming agents in the major skincare applications. Other ingredients like the hexylene glycol, Polyethylene glycol, propylene glycol, butylene glycol, and ethoxydiglycol are also under the sharia compliance. With these ingredients, the manufacturers go for formulating the beauty products.
Key players in the global halal cosmetic market
Some of the prominent key players in the global halal cosmetic market include companies like MMA Bio Lab Sdn Bhd, Talent Cosmetic Co., Ltd., Ivy Beauty Corporation Sdn Bhd, The Halal Cosmetics Company, Sampure Materials, PHB Ethical Beauty, Amara, Inika, and others.
Currently, the Life Sciences Industry & Solutions firms are making a significant contribution towards the global halal cosmetic market. For gaining more information and details about Sheer Analytics and Insights please call us at +913346009199. For any other query, you can also mail us anytime. Please note down our email address: email@example.com