According to Goldstein Market Intelligence, the global halal cosmetics market is expected to reach USD 21.4 billion by 2024 from USD 12.6 billion in 2016, growing at a CAGR of 6.8% over the forecast period through 2024. Growing Muslim population and rising adoption of modern lifestyle by the Muslim community are the major factors driving the growth of global halal cosmetics market. Non-Muslim consumers are also driving the demand for halal cosmetics owing to rising demand for organic and vegan cosmetics. Global halal cosmetics market segmentation has been done on the basis of product type, distribution channel and geography. The changing mindset of Muslim consumers and the worldwide trend of ethical consumerism trigger the development of vast range halal cosmetic products.

Global halal cosmetics industry is largely dominated by Asia-Pacific region and accounted for more than 35% revenue share in 2016. High Muslim population countries in South Asia such as Indonesia, Malaysia and Singapore are the major revenue contributors to the halal cosmetic market in Asia-Pacific region. Across Middle East, halal cosmetic market is registering 12% annual growth rate reaching USD 2.3 billion in total value of halal cosmetics related sales.

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Market Segmentation
On the basis of our in-depth analysis, Global Halal cosmetics Market can be segmented as follows:
By Product Types
o Beauty care
o Hair care
o Makeup
o Fragrances
By Distribution Channels
o Online Channel
o Offline Channels (Beauty Specialty Stores Etc.)
By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

The Report is Available at: https://www.goldsteinresearch.com/report/global-halal-cosmetics-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

“Global Halal cosmetics Market Outlook 2024” by Goldstein Market Intelligence contains detailed overview of the global halal cosmetics market in terms of market segmentation by product type and distribution channel.

Further, Global Halal cosmetics Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Amara Cosmetics, Pure Halal Beauty, SAAF International, Samina Pure Makeup, Inika Cosmetics, Martha Tilar Group, One Pure, Ivy Beauty, MMA Biolab, The Halal Cosmetics company, Clara International, INGLOT, Jataine, Le Wangi De Wangi, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global halal cosmetics market insights along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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