Halal Skincare Products Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Halal, an Arabic word, means acceptable in law. Halal skincare products are free from materials banned by Islamic society. Halal skincare products include cleansers, moisturizers, and creams, serums, others. Halal skincare products are seen as a breakthrough for the cosmetics & personal care industry as these develop new external and internal operations in order to meet the customers' growing needs. Further, halal skincare products are considered healthy for Muslim and non-Muslim consumers based on the quality of the goods, operation, and knowledge of the ingredients used.

MARKET DYNAMICS

The growing customer awareness of ingredients in cosmetic products has resulted in increased demand for halal skincare products. The government has classified halal skincare products as approved halal by the Islamic Religious Department in Malaysia without using gelatin, animal fat, or other chemicals. Furthermore, the increasing demand for Halal-certified goods is promoting the halal skincare products market growth. However, the cost of manufacturing halal skincare products is higher than regular goods, which is anticipated to restrain the market growth during the forecast period.

MARKET SCOPE

The "Global Halal Skincare Products Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the halal skincare products market with detailed market segmentation by type, end-use, distribution channel. The global halal skincare products market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading halal skincare products market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global halal skincare products market is segmented into type, end-use, distribution channel. By type, the halal skincare products market is classified into cleansers, moisturizers and creams, Serums, Others. By end-use, the halal skincare products market is classified into Men, Women. By distribution channel, the halal skincare products market is classified into supermarkets and hypermarkets, specialty stores, online retail, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global halal skincare products market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The halal skincare products market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the halal skincare products market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the halal skincare products market in these regions.

MARKET PLAYERS

The report covers vital developments in the halal skincare products market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the halal skincare products market are anticipated to lucrative growth opportunities in the future with the rising demand for halal skincare products in the global market. below mentioned is the list of few companies engaged in the halal skincare products market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the halal skincare products market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   IBA Halal care
  
•   MMA BIO LAB SDN BHD
  
•   Ecotrail Personal Care
  
•   Pure Halal Beauty
  
•   Ivy Beauty
  
•   CLARA INTERNATIONAL BEAUTY GROUP
  
•   Amara Cosmetics
  
•   SAAF International
  
•   Martha Tilar Group
  
•   INIKA Organic
  
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Halal Skincare Products Report Scope