The GCC halal cosmetics market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.3 Billion by 2028, exhibiting a growth rate (CAGR) of 19.3% during 2023-2028, according to a new report by IMARC Group.
Industry Definition and Application:
Halal cosmetics refer to the beauty products produced using specific ingredients that are acceptable according to the Islamic Sharia law. They include various color cosmetics, facial cosmetics, fragrances, skincare, haircare, body care products, etc. Halal cosmetics are processed, stored, and produced by using utensils, equipment, and machinery that have been adequately cleaned. These products do not involve components that are prohibited for Muslims to consume, such as alcohol, animal-derived ingredients, and any materials obtained from the human body. In addition to this, halal cosmetics do not incorporate genetically modified organisms (GMOs) as they are believed to be unclean. These beauty products are extensively available across hypermarkets, specialty stores, online stores, salons, supermarkets, etc.
Download free sample brochure: https://www.imarcgroup.com/gcc-halal-cosmetics-market/requestsample
GCC Halal Cosmetics Market Trends and Drivers:
The escalating Muslim population and the rising compliance of certification of products are among the primary factors driving the GCC halal cosmetics market. Besides this, the elevating health concerns and the high prevalence of several skin disorders, on account of synthetic and alcohol-based cosmetic ingredients, are further augmenting the market growth. Moreover, the increasing working women population is boosting the purchase of high-quality and premium halal cosmetics, which is also catalyzing the market across GCC.
Apart from this, the growing popularity of e-commerce platforms that offer doorstep delivery, secured payment gateways, and diverse product options is acting as another significant growth-inducing factor. In addition to this, various foreign brands are introducing these products into their portfolios to cater to the preferences and specific requirements of the consumers in the region. This, in turn, is positively influencing the product demand. Furthermore, the inflating usage of these beauty products, as they offer cleanliness, hygiene, and safety, is expected to bolster the GCC halal cosmetics market in the coming years.
Competitive Scenario with Key Players:
The competitive landscape of the market has also been analyzed, with some of the key players being
- Amara Halal Cosmetics,
- Clara International Beauty Group,
- Iba Cosmetics,
- Lush,
- OnePure LLC,
- PHB Ethical Beauty Ltd.,
- Sampure Minerals
- The Halal Cosmetics Company.
GCC Halal Cosmetics Market Report Coverage and Industry Segmentation:
The report cover the below key market segments:
Breakup by Product Type:
- Personal Care
- Skin Care
- Hair Care
- Fragrances
- Others
- Color Cosmetics
- Face Cosmetics
- Eyes Cosmetics
- Lips Cosmetics
- Nail Cosmetics
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Others
Breakup by Country:
- Saudi Arabia
- UAE
- Oman
- Qatar
- Turkey
- Others
Read other report : Foreign Exchange Market Growth 2023-2028, Industry Size, Share, Trends and Forecast
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
Raghav Arya
Marketing Manager
IMARC Group
134 N 4th St.
Brooklyn, NY 11249,
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
