Halal Cosmetics Market 2022 to 2028 | Demand, Size & Forecast
[Research Report] The halal cosmetics market is expected to grow from US$ 36,686.54 million in 2022 to US$ 79,861.73 million by 2028; it is estimated to grow at a CAGR of 13.8% from 2022 to 2028.
Market Insights and Analyst View:
Halal cosmetic products are cosmetic products that adhere to Islamic standards, i.e., cosmetic products free from pig-derived and other forbidden ingredients. Halal cosmetic products are also wudu–friendly (permeable to water), as required by Islamic standards. The halal cosmetic products are sourced and manufactured with ‘permissible’ ingredients under Islamic law. Halal cosmetic does not contain any alcohol or any ingredients from animals that are forbidden for Muslims.
Growth Drivers and Challenges:
Halal cosmetics have witnessed significant adoption among the Muslim population owing to the increasing demand for personal grooming and trending cosmetic and beauty products that adhere to religious loyalties. The growth of the global halal cosmetics market has driven due to the rise in purchasing power of the growing Muslim population across the globe. The desire of young Muslim women to associate their interest in fashion & makeup with Islamic loyalties in countries such as Saudi Arabia, Malaysia, Iran, UAE, and Indonesia and consumers equally interested in fashion and makeup trends have boosted the consumption of halal cosmetics, which will drive the global halal cosmetics industry. Moreover, some vegan varieties also extend the market opportunity for the non-Muslim population. For example, Eco trail, an Indian company, and UK-based PHB Ethical Beauty offer products that are not only Halal certified but also cruelty-free and free from harmful substances. This trend is being followed by leading global brands, such as The Body Shop and Forest Essentials, which, in turn, is supporting the market expansion. However, the prices of halal-certified cosmetics are much higher than standard cosmetic products, which can restrain market growth.
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Halal Cosmetics Market: Strategic Insights
Market Size Value in US$ 36,686.54 Million in 2022 Market Size Value by US$ 79,861.73 Million by 2028 Growth rate CAGR of 13.8% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Halal Cosmetics Market: Strategic Insights
| Market Size Value in | US$ 36,686.54 Million in 2022 |
| Market Size Value by | US$ 79,861.73 Million by 2028 |
| Growth rate | CAGR of 13.8% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Report Segmentation and Scope:
The “Global Halal Cosmetics Market” is segmented based on product type, category, distribution channel, and geography. Based on product type, the halal cosmetics market is segmented into skincare, haircare, makeup, and others. Based on category, the market is classified into men, women, and unisex. Based on distribution channel, the halal cosmetics market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The halal cosmetics market based on geography is segmented into North America (US, Canada, and Mexico), Europe (Germany, France, Italy, UK, Russia, and Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America)
Segmental Analysis:
Based on product type, the halal cosmetics market is segmented into skincare, haircare, makeup, and others. The skincare segment held the significant share in the halal cosmetics market and is expected to register the significant growth over the forecast period. Most cosmetics contain ingredients that cause skin irritation and may have a long-term effect on health. As a result, halal cosmetics have proven to be an alternative and effective solution for consumers. Increasing disposable income coupled with adopting a modern lifestyle is presumed to be the significant factor potentially boosting the halal cosmetics market worldwide.
Regional Analysis:
Based on geography, the halal cosmetics market is divided into five key regions: North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa. The global halal cosmetics market was dominated by Asia Pacific, which accounted for US$ 14,838.48 million in 2022. Middle East & Africa is a second major contributor holding more than 20% share in the global market. Europe is expected to register the considerable growth at a CAGR of over 13.9% over the forecast period. has been noticed as one of the prominent markets for halal cosmetics due to the surge in awareness about cruelty-free products and the increased population. The rise in foreign direct investments also leads to regional economic growth. Moreover, Middle East & Africa has a large Muslim population, thus giving halal cosmetic products a lucrative opportunity for growth. Such factors have allowed global brands and online retailers to expand their offerings to capture the demand. Due to the demand for halal-certified products in the region, Saudi Arabian PIF (Public Investment Fund) launched its new Halal Products Development Company in October 2022. The company aims to manufacture personal care and cosmetic products locally in Saudi Arabia and export halal-certified products worldwide.
Industry Developments and Future Opportunities:
Various initiatives taken by the key players operating in the halal cosmetics market are listed below:
- In November 2022, Iba Cosmetics, a Halal cosmetics manufacturer, partnered with Believe company based in Singapore. Believe company has invested US$ 10 million to partner with Iba Cosmetics to distribute and expand their retail market space across operating countries such as Middle Eastern and European and South Asia countries.
- In November 2022, Iba Cosmetics partnered with Believe company based in Singapore. Believe company has invested USD 10 million to partner with Iba Cosmetics to distribute and expand their retail market space across operating countries such as Middle Eastern and European and South Asia countries.
- In April 2022, Inika Organic launched its new cosmetics collection, Pure with Purpose. The range of products included in the group is Lash & Brow Serum, Hydrating Toning Mist, Eyeshadow Quads, Brow Palette, and more. These products are claimed to be 100% natural, vegan-certified, halal-certified, and cruelty-free.
- In August 2021, Kao Corporation, a Japanese manufacturer of halal-certified cosmetics, collaborated with lion corporation to develop recyclable packaging and minimize the plastic footprint.
Covid-19 Impact:
The COVID-19 pandemic affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the consumer goods industry. The shutdown of manufacturing units disturbed global supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. Various companies witnessed delays in product deliveries and a slump in sales of their products in 2020. Various halal cosmetic manufacturers had to temporarily close their operations or limit their production capacities, negatively impacting the growth of the halal cosmetics market. Also, in the early period of the crisis, manufacturers were majorly dependent on the existing inventory. Due to the pandemic-induced economic recession, consumers became more cautious and selective in purchasing decisions. Consumers significantly reduced nonessential purchases due to lower incomes and uncertain earning prospects, especially in developing regions. However, by the end of 2021, many countries were fully vaccinated, and governments announced relaxation in certain regulations, including lockdowns and travel bans. Post-pandemic consumers increasingly demand skincare and haircare products as there has been a growing trend of self-care post the COVID-19 pandemic. The growth of online retail during the pandemic has also provided growth opportunities for halal cosmetic manufacturers. Along with this, the relaxation of trade restrictions has led to the import and export of halal cosmetics, positively impacting the market.
Halal Cosmetics Market Report Scope
Competitive Landscape and Key Companies:
Some of the prominent players operating in the global halal cosmetics market include Clara International Beauty Group; Inglot Cosmetics; Inika Organic Australia; IVY Beauty Corporation; MMA Bio Lab Sdn Bhd; OnePure, LLC; PT Paragon Technology and Innovation; PHB Ethical Beauty Ltd.; Sampure Minerals; and IBA Cosmetics among others.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type, Category, and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
In 2021, Asia-Pacific accounted for the largest share of the global halal cosmetics market. The high popularity of halal cosmetics among non-muslim consumers was the primary factor responsible for the high market share of the Asia Pacific region.
During the forecast period, the skincare segment is expected to be the fastest-growing segment. The primary factors influencing the halal skincare demand include the growing demand for self-care or health-promoting products. Consumer inclination for health and well-being, as well as product innovation are expected to fuel market expansion.
The major players operating in the halal cosmetics market are Clara International Beauty Group, Inglot Cosmetics, Inika Organic Australia, IVY Beauty Corporation, MMA Bio Lab Sdn Bhd, OnePure LLC, PT Paragon Technology and Innovation, PHB Ethical Beauty Ltd., Sampure Minerals, and IBA Cosmetics.
In 2021, the skincare segment held the largest market share. Skincare products are widely used daily by women as well as men. Increased concern for skin nourishment due to acne, scars, black spots, and dullness has fuelled the demand for skincare products in 2020.
Based on category, women is expected to be the fastest-growing segment during the forecast period. Female consumers are significantly opting for halal, natural & herbal cosmetics products, as they are more concerned about the long-term impact of chemicals on their skin and body, which is driving the women segment of the halal cosmetics market.
Rising awareness about cruelty-free and chemical-free products has propelled the growth of halal cosmetics market. Moreover, the increasing young population and popularity of halal cosmetics is sparking the demand for halal cosmetics market growth.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Halal Cosmetics Market, by Product Type
1.3.2 Global Halal Cosmetics Market, by Category
1.3.3 Global Halal Cosmetics Market, by Distribution Channel
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Global Halal Cosmetics Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Global Halal Cosmetics Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Lucrative growth in South East Asian Countries
5.1.2 Mandate in Halal Certification by Islamic countries
5.2 Market Restraints
5.2.1 Challenges faced in Marketing the Halal Cosmetic Products
5.3 Market Opportunities
5.3.1 Increasing Islamic Population across the World
5.4 Future Trends
5.4.1 Increasing Consumer Focus on Religiously Sensitive Skincare Products
5.5 Impact Analysis Of Drivers And Restraints
6. Global Halal Cosmetics – Market Analysis
6.1 Global Halal Cosmetics Market Overview
6.2 Global Halal Cosmetics Market –Revenue and Forecast to 2028 (USD Million)
6.3 Market Positioning – Global Halal Cosmetics Market Players
7. Global Halal Cosmetics Market Analysis – By Product Type
7.1 Overview
7.2 Global Halal Cosmetics Market Breakdown, by Product Type, 2021 & 2028
7.3 Skincare
7.3.1 Overview
7.3.2 Skincare: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Haircare
7.4.1 Overview
7.4.2 Haircare: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Makeup
7.5.1 Overview
7.5.2 Makeup: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
8. Global Halal Cosmetics Market Analysis – By Category
8.1 Overview
8.2 Global Halal Cosmetics Market Breakdown, by Category, 2021 & 2028
8.3 Men
8.3.1 Overview
8.3.2 Men: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Women
8.4.1 Overview
8.4.2 Women: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Unisex
8.5.1 Overview
8.5.2 Unisex: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
9. Global Halal Cosmetics Market Analysis – By Distribution Channel
9.1 Overview
9.2 Global Halal Cosmetics Market Breakdown, by Distribution Channel, 2021 & 2028
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Specialty Stores
9.4.1 Overview
9.4.2 Specialty Stores: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10. Halal Cosmetics Market – Geographic Analysis
10.1 Overview
10.2 North America
10.2.1 North America: Halal Cosmetics Market –Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Halal Cosmetics Market, By Product Type
10.2.3 North America: Halal Cosmetics Market, By Category
10.2.4 North America: Halal Cosmetics Market, By Distribution Channel
10.2.5 North America: Halal Cosmetics Market, by Key Country
10.2.5.1 US: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Halal Cosmetics Market, by Product Type
10.2.5.1.2 US: Halal Cosmetics Market, by Category
10.2.5.1.3 US: Halal Cosmetics Market, by Distribution Channel
10.2.5.2 Canada: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Halal Cosmetics Market, by Product Type
10.2.5.2.2 Canada: Halal Cosmetics Market, by Category
10.2.5.2.3 Canada: Halal Cosmetics Market, by Distribution Channel
10.2.5.3 Mexico: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Halal Cosmetics Market, by Product Type
10.2.5.3.2 Mexico: Halal Cosmetics Market, by Category
10.2.5.3.3 Mexico: Halal Cosmetics Market, by Distribution Channel
10.3 Europe
10.3.1 Europe: Halal Cosmetics Market –Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Halal Cosmetics Market, By Product Type
10.3.3 Europe: Halal Cosmetics Market, By Category
10.3.4 Europe: Halal Cosmetics Market, By Distribution Channel
10.3.5 Europe: Halal Cosmetics Market, by Key Country
10.3.5.1 Germany: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Halal Cosmetics Market, by Product Type
10.3.5.1.2 Germany: Halal Cosmetics Market, by Category
10.3.5.1.3 Germany: Halal Cosmetics Market, by Distribution Channel
10.3.5.2 France: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Halal Cosmetics Market, by Product Type
10.3.5.2.2 France: Halal Cosmetics Market, by Category
10.3.5.2.3 France: Halal Cosmetics Market, by Distribution Channel
10.3.5.3 Italy: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Halal Cosmetics Market, by Product Type
10.3.5.3.2 Italy: Halal Cosmetics Market, by Category
10.3.5.3.3 Italy: Halal Cosmetics Market, by Distribution Channel
10.3.5.4 UK: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Halal Cosmetics Market, by Product Type
10.3.5.4.2 UK: Halal Cosmetics Market, by Category
10.3.5.4.3 UK: Halal Cosmetics Market, by Distribution Channel
10.3.5.5 Russia: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Halal Cosmetics Market, by Product Type
10.3.5.5.2 Russia: Halal Cosmetics Market, by Category
10.3.5.5.3 Russia: Halal Cosmetics Market, by Distribution Channel
10.3.5.6 Rest of Europe: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Halal Cosmetics Market, by Product Type
10.3.5.6.2 Rest of Europe: Halal Cosmetics Market, by Category
10.3.5.6.3 Rest of Europe: Halal Cosmetics Market, by Distribution Channel
10.4 Asia-Pacific: Halal Cosmetics Market
10.4.1 Asia-Pacific: Halal Cosmetics Market –Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia-Pacific: Halal Cosmetics Market, By Product Type
10.4.3 Asia-Pacific: Halal Cosmetics Market, By Category
10.4.4 Asia-Pacific: Halal Cosmetics Market, By Distribution Channel
10.4.5 Asia-Pacific: Halal Cosmetics Market, by Key Country
10.4.5.1 Australia: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Halal Cosmetics Market, by Product Type
10.4.5.1.2 Australia: Halal Cosmetics Market, by Category
10.4.5.1.3 Australia: Halal Cosmetics Market, by Distribution Channel
10.4.5.2 China: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Halal Cosmetics Market, by Product Type
10.4.5.2.2 China: Halal Cosmetics Market, by Category
10.4.5.2.3 China: Halal Cosmetics Market, by Distribution Channel
10.4.5.3 India: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Halal Cosmetics Market, by Product Type
10.4.5.3.2 India: Halal Cosmetics Market, by Category
10.4.5.3.3 India: Halal Cosmetics Market, by Distribution Channel
10.4.5.4 Japan: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Halal Cosmetics Market, by Product Type
10.4.5.4.2 Japan: Halal Cosmetics Market, by Category
10.4.5.4.3 Japan: Halal Cosmetics Market, by Distribution Channel
10.4.5.5 South Korea: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Halal Cosmetics Market, by Product Type
10.4.5.5.2 South Korea: Halal Cosmetics Market, by Category
10.4.5.5.3 South Korea: Halal Cosmetics Market, by Distribution Channel
10.4.5.6 Rest of Asia-Pacific: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia-Pacific: Halal Cosmetics Market, by Product Type
10.4.5.6.2 Rest of Asia-Pacific: Halal Cosmetics Market, by Category
10.4.5.6.3 Rest of Asia-Pacific: Halal Cosmetics Market, by Distribution Channel
10.5 Middle East and Africa: Halal Cosmetics Market
10.5.1 Middle East and Africa: Halal Cosmetics Market –Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East and Africa: Halal Cosmetics Market, By Product Type
10.5.3 Middle East and Africa: Halal Cosmetics Market, By Category
10.5.4 Middle East and Africa: Halal Cosmetics Market, By Distribution Channel
10.5.5 Middle East and Africa: Halal Cosmetics Market, by Key Country
10.5.5.1 South Africa: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Halal Cosmetics Market, by Product Type
10.5.5.1.2 South Africa: Halal Cosmetics Market, by Category
10.5.5.1.3 South Africa: Halal Cosmetics Market, by Distribution Channel
10.5.5.2 Saudi Arabia: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: Halal Cosmetics Market, by Product Type
10.5.5.2.2 Saudi Arabia: Halal Cosmetics Market, by Category
10.5.5.2.3 Saudi Arabia: Halal Cosmetics Market, by Distribution Channel
10.5.5.3 UAE: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE: Halal Cosmetics Market, by Product Type
10.5.5.3.2 UAE: Halal Cosmetics Market, by Category
10.5.5.3.3 UAE: Halal Cosmetics Market, by Distribution Channel
10.5.5.4 Rest of Middle East and Africa: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of the Middle East and Africa: Halal Cosmetics Market, by Product Type
10.5.5.4.2 Rest of the Middle East and Africa: Halal Cosmetics Market, by Category
10.5.5.4.3 Rest of the Middle East and Africa: Halal Cosmetics Market, by Distribution Channel
10.6 South and Central America
10.6.1 South and Central America: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.6.2 South and Central America: Halal Cosmetics Market, by Product Type
10.6.3 South and Central America: Halal Cosmetics Market, by Category
10.6.4 South and Central America: Halal Cosmetics Market, by Distribution Channel
10.6.5 South and Central America: Halal Cosmetics Market, by Key Country
10.6.5.1 Brazil: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Halal Cosmetics Market, by Product Type
10.6.5.1.2 Brazil: Halal Cosmetics Market, by Category
10.6.5.1.3 Brazil: Halal Cosmetics Market, by Distribution Channel
10.6.5.2 Argentina: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Halal Cosmetics Market, by Type
10.6.5.2.2 Argentina: Halal Cosmetics Market, by Category
10.6.5.2.3 Argentina: Halal Cosmetics Market, by Distribution Channel
10.6.5.3 Rest of South and Central America: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of South and Central America: Halal Cosmetics Market, by Product Type
10.6.5.3.2 Rest of South and Central America: Halal Cosmetics Market, by Category
10.6.5.3.3 Rest of South and Central America: Halal Cosmetics Market, by Distribution Channel
11. Impact of COVID-19
11.1 Impact of COVID-19 on Halal Cosmetics Market
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1. CLARA INTERNATIONAL BEAUTY GROUP
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. INGLOT COSMETICS
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. INIKA ORGANIC AUSTRALIA
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. IVY BEAUTY CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MMA BIO LAB SDN BHD
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ONEPURE, LLC
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PT PARAGON TECHNOLOGY AND INNOVATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. PHB ETHICAL BEAUTY LTD.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SAMPURE MINERALS
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. IBA COSMETICS
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Global Halal Cosmetics Market –Revenue and Forecast to 2028 (USD Million)
Table 2. North America Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 3. North America Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 4. North America Halal Cosmetics Market, by Distribution Channel– Revenue and Forecast to 2028 (USD Million)
Table 5. US Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 6. US Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 7. US Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 8. Canada Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 9. Canada Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 10. Canada Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 11. Mexico Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 12. Mexico Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 13. Mexico Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 14. Europe Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 15. Europe Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 16. Europe Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 17. Germany Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 18. Germany Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 19. Germany Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 20. France Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 21. France Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 22. France Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 23. Italy Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 24. Italy Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 25. Italy Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 26. UK Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 27. UK Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 28. UK Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 29. Russia Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 30. Russia Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 31. Russia Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 32. Rest of Europe Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 33. Rest of Europe Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 34. Rest of Europe Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 35. Asia Pacific Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 36. Asia Pacific Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 37. Asia Pacific Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 38. Australia Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 39. Australia Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 40. Australia Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 41. China Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 42. China Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 43. China Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 44. India Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 45. India Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 46. India Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 47. Japan Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 48. Japan Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 49. Japan Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 50. South Korea Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 51. South Korea Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 52. South Korea Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 53. Rest of Asia Pacific Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 54. Rest of Asia Pacific Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 55. Rest of Asia Pacific Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 56. Middle East and Africa Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 57. Middle East and Africa Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 58. Middle East and Africa Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 59. South Africa Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 60. South Africa Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 61. South Africa Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 62. Saudi Arabia Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 63. Saudi Arabia Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 64. Saudi Arabia Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 65. UAE Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 66. UAE Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 67. UAE Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 68. Rest of Middle East and Africa Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 69. Rest of Middle East and Africa Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 70. Rest of Middle East and Africa Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 71. South and Central America Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 72. South and Central America Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 73. South and Central America Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 74. Brazil Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 75. Brazil Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 76. Brazil Halal Cosmetics Market, by Distribution Channel– Revenue and Forecast to 2028 (USD Million)
Table 77. Argentina Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 78. Argentina Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 79. Argentina Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 80. Rest of South and Central America Halal Cosmetics Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 81. Rest of South and Central America Halal Cosmetics Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 82. Rest of South and Central America Halal Cosmetics Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 83. Glossary of Terms, Global Halal Cosmetics Market
LIST OF FIGURES
Figure 1. Global Halal Cosmetics Market Segmentation
Figure 2. Global Halal Cosmetics Market Segmentation – By Geography
Figure 3. Global Halal Cosmetics Market Overview
Figure 4. Global Halal Cosmetics Market, By Product Type
Figure 5. Global Halal Cosmetics Market, by Category
Figure 6. Global Halal Cosmetics Market, by Distribution Channel
Figure 7. Global Halal Cosmetics Market, Key Market Players
Figure 8. PEST Analysis – North America
Figure 9. PEST Analysis – Europe
Figure 10. PEST Analysis – Asia Pacific
Figure 11. PEST Analysis – Middle East and Africa
Figure 12. PEST Analysis – South and Central America
Figure 13. Expert Opinion
Figure 14. Halal Cosmetics Market Impact Analysis Of Driver And Restraints
Figure 15. Geographic Overview of Global Halal Cosmetics Market
Figure 16. Global Halal Cosmetics Market – Revenue and Forecast to 2028 (USD Million)
Figure 17. Global Halal Cosmetics Market Breakdown, by Product Type, 2021 & 2028
Figure 18. Skincare: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Haircare: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Makeup: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Global Halal Cosmetics Market Breakdown, by Category, 2021 & 2028
Figure 23. Men: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Women: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Unisex: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Global Halal Cosmetics Market Breakdown, by Distribution Channel, 2021 & 2028
Figure 27. Supermarkets and Hypermarkets: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Specialty Stores: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Online Retail: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Others: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Global Halal Cosmetics Market Revenue Share, By Region (2020 and 2028)
Figure 32. North America: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. North America: Halal Cosmetics Market Revenue Share, by Product Type (2021 and 2028)
Figure 34. North America: Halal Cosmetics Market Revenue Share, by Category (2021 and 2028)
Figure 35. North America: Halal Cosmetics Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 36. North America: Halal Cosmetics Market Revenue Share, by Key Country (2021 and 2028)
Figure 37. US: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Canada: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Mexico: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Europe: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Europe: Halal Cosmetics Market Revenue Share, by Product Type (2021 and 2028)
Figure 42. Europe: Halal Cosmetics Market Revenue Share, by Category (2021 and 2028)
Figure 43. Europe: Halal Cosmetics Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 44. Europe: Halal Cosmetics Market Revenue Share, by Key Country (2021 and 2028)
Figure 45. Germany: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. France: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Italy: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. UK: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Russia: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Rest of Europe: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. Asia-Pacific: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. Asia-Pacific: Halal Cosmetics Market Revenue Share, by Product Type (2021 and 2028)
Figure 53. Asia-Pacific: Halal Cosmetics Market Revenue Share, by Category (2021 and 2028)
Figure 54. Asia-Pacific: Halal Cosmetics Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 55. Asia-Pacific: Halal Cosmetics Market Revenue Share, by Key Country (2021 and 2028)
Figure 56. Australia: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. China: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. India: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. Japan: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. South Korea: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. Rest of Asia-Pacific: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. Middle East and Africa: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. Middle East and Africa: Halal Cosmetics Market Revenue Share, by Product Type (2021 and 2028)
Figure 64. Middle East and Africa: Halal Cosmetics Market Revenue Share, by Category (2021 and 2028)
Figure 65. Middle East and Africa: Halal Cosmetics Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 66. Middle East and Africa: Halal Cosmetics Market Revenue Share, by Key Country (2021 and 2028)
Figure 67. South Africa: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. Saudi Arabia: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. UAE: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. Rest of Middle East and Africa: Halal Cosmetics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 71. South and Central America Halal Cosmetics Market Revenue and Forecast to 2028 (USD Million)
Figure 72. South and Central America: Halal Cosmetics Market Revenue Share, by Product Type (2021 and 2028)
Figure 73. South and Central America: Halal Cosmetics Market Revenue Share, by Category (2021 and 2028)
Figure 74. South and Central America: Halal Cosmetics Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 75. South and Central America: Halal Cosmetics Market, by Key Country (2021 and 2028)
Figure 76. Brazil: Halal Cosmetics Market – Revenue and Forecast to 2028 (USD Million)
Figure 77. Argentina: Halal Cosmetics Market – Revenue and Forecast to 2028 (USD Million)
Figure 78. Rest of South and Central America: Halal Cosmetics Market – Revenue and Forecast to 2028 (USD Million)
Figure 79. Impact of COVID-19 Pandemic in North America
Figure 80. Impact of COVID-19 Pandemic in Europe
Figure 81. Impact of COVID-19 Pandemic in the Asia Pacific
Figure 82. Impact of COVID-19 Pandemic in Middle East and Africa
Figure 83. Impact of COVID-19 Pandemic in South and Central America
The List of Companies - Halal Cosmetics Market
- Clara International Beauty Group
- Inglot Cosmetics
- Inika Organic Australia
- IVY Beauty Corporation
- MMA Bio Lab Sdn Bhd
- OnePure, LLC
- PT Paragon Technology and Innovation
- PHB Ethical Beauty Ltd.
- Sampure Minerals
- IBA Cosmetics
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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