According to the most recent report by IMARC Group, the GCC halal cosmetics market grew at a CAGR of round 14% throughout 2015-2020. Looking ahead, the market expects to proceed its sturdy progress throughout 2021-2026.
Base Year: 2020
Forecast Year: 2021-2026
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Industry Definition and Application:
Halal cosmetics seek advice from magnificence merchandise manufactured utilizing components which can be permissible in line with Islamic Sharia legislation. These cosmetics embody all kinds of coloration fragrances, cosmetics, and merchandise for skincare, haircare, and physique care. Such merchandise are free from components prohibited for consumption by Muslims, similar to alcohol, animal-derived components, and so forth.
In the GCC area, the large presence of the Muslim inhabitants and the rising compliance of halal certification are primarily catalyzing the demand for halal cosmetics. Moreover, the rising considerations in direction of the dangerous results of artificial and alcohol-based beauty components are additionally propelling the market progress. Additionally, the market is additional catalyzed by the rising variety of working girls within the area, resulting in the rise in gross sales for premium and high-quality halal cosmetics. Apart from this, a number of worldwide manufacturers are additionally introducing halal beauty vary into their product portfolios to serve the precise wants and preferences of customers within the GCC area. Furthermore, the rising penetration of e-commerce platforms providing a broad vary of product choices, door-step supply providers, secured fee gateways, and so forth., are anticipated to additional drive the marketplace for halal cosmetics throughout the area.
Note: We are frequently monitoring the direct impact of COVID-19 available on the market, together with the oblique affect of related industries. These observations shall be built-in into the report.
GCC Halal Cosmetics Market 2021-2026 Analysis and Segmentation:
The aggressive panorama of the market has been studied within the report with the detailed profiles of the important thing gamers working available in the market.
Amara Halal Cosmetics,
Clara International Beauty Group,
Lush, OnePure LLC,
PHB Ethical Beauty Ltd.,
The Halal Cosmetics Company.
For extra details about this report go to: https://bit.ly/3eY9qIP
The report has segmented the market on the idea of Product Type, Distribution Channel and Country.
Breakup by Product Type:
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Breakup by Country:
Browse associated studies:
Japan Organic Cosmetics Market Report: https://bit.ly/3hQjkyp
UAE Perfume Market Report: https://bit.ly/2Rv82W2
GCC Perfume Market Report: https://bit.ly/3nPWXuW
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