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DinarStandard
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Halal Cosmetics
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Global Halal Cosmetics Market Report 2021-24
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Why buy this Report?

The Global Halal Cosmetics Market Report 2021-24 presents an overall analysis of global halal cosmetics markets across 7 Harmonized System (HS) code Subcategories that are identified as requiring some level of halal certification. The Report analyzes and ranks the three most attractive halal cosmetics categories (see below) and covers each category’s historical (2014-19) and projected growth (2020-24) in imports to the OIC (Organization of Islamic Cooperation), and provides the largest importing and supplying markets for each category. Readers will also find insights into production costs and profitability for each category, significant developments, key players (see below) and investment benchmarks. Through this multi-faceted analysis, the report also presents opportunities and challenges in each of the three most attractive cosmetics Subcategories and the halal cosmetics market. (The Report includes: 26 Tables, 11 Figures, 4 Full Appendix Tables)

Get a complimentary 1-hour analyst walk-through and Q&A after purchase.

Headline insights

The Global Halal Cosmetics Market Report 2021-24 estimates global halal cosmetics trade (imports to OIC member countries) to be valued at US$ 16 billion in 2019 and is projected to grow at 7.4% CAGR, reaching US$ 23 billion by 2024.

This increasing trend is largely driven by an increase in consumer demand, followed by a rising Muslim population globally. The industry is also witnessing an increasing preference for clean label and organic ingredients following rising health concerns amidst the COVID-19 pandemic. The Islamic economy space has also attracted the attention of top global brands creating innovative products and services across sectors. The governments of both OIC and non-OIC countries, cosmetics companies, and the private sector are making significant investments in the halal market.

Key questions addressed

• What is the context of the global halal cosmetics market opportunity?
• What is the halal cosmetics certification process and regulation landscape?
• What are the top halal cosmetics consumption and trading markets?
• What are the top 3 most attractive halal cosmetics Subcategories?
• Within each of the top 3 Subcategories, what are the top trading markets, production costs, profitability, investments, recent developments and key players?
• What are the global halal cosmetics market opportunities and challenges for investors, businesses and governments? 

    Subcategories covered

    The most attractive halal cosmetics Subcategories profiled in this report include:

    • Beauty, make-up & skincare preparations
    • Perfumes and toilet waters
    • Odoriferous substances

      Key Players covered

      • BASF (United States)
      • Loreal (France)
      • Givaudan SA (Switzerland)
      • Symrise (Germany)
      • LVMH (France)
      • COTY (United States)

        Recent developments

        Find an array of recent developments impacting the halal cosmetics industry and the major Subcategories. These include the increasing momentum of ecommerce amidst COVID-19 pandemic, new product launches and markets for halal cosmetics and focus on sustainable production.


        For any information about the Report, please click Contact Us. 

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        Copyright © 2021 DinarStandard. All Rights Reserved.

        Disclaimer

        The material in this report is subject to copyright. This report has been prepared on the basis of economic data, market news and expert insights, and is only valid on the date of publication. DinarStandard does not make any guarantee, representation or warranty, (either expressly or impliedly), as to the factual accuracy, completeness, or sufficiency of information contained herein. This document has been prepared based upon informational sources believed to be reliable and prepared in good faith. DinarStandard does not accept any liability for any loss or damage, howsoever caused, arising from any errors, omissions or reliance on any information or views contained in this report.

        Reproduction, redistribution, or dissemination of this report (without written permission) is completely forbidden.

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        1 Executive Summary

        1.1 Summary Description

        1.2 Summary Infographics

        1.2.1 Halal Cosmetics, Top 3 Most Attractive Subcategory, Market Size (US$ Million) and Growth (2014-2024)

        1.2.2 Halal Cosmetics Most Attractive Markets, 2019 (US$ Million)

        1.2.3 Halal Cosmetics Subcategories Most Imported by OIC, by Value (US$ Million) and Growth (2019-2022)

        1.2.4 Halal Cosmetics Investments Opportunity, 2019 (US$ Million)

        2 Halal Cosmetics Market: Global Context

        2.1 Halal Cosmetics Introduction

        2.2 Halal Cosmetics Compliance Across the Cosmetics Value Chain

        2.3 Halal Cosmetics Demand-Side and Supply-Side Growth Drivers

        3 Halal Cosmetics Compliance Landscape

        3.1 Halal Market Regulatory Ecosystem

        3.2 Halal Cosmetics Standards Issued in Key Markets

        3.3 Halal Cosmetics Certification Process

        4 Halal Cosmetics Markets and Trade

        4.1 Halal Cosmetics Consumption Markets

        4.2 Halal Cosmetics OIC Importing Markets

        4.3 Halal Cosmetics Suppliers to OIC Markets

        5 Most Attractive Halal Cosmetics Subcategory Profiles

        5.1 Beauty, Make-up & Skincare Preparations 

        5.1.1 Top Importing and Supplying Markets 

        5.1.2 Production Costs and Profitability

        5.1.3 Investments

        5.1.4 Key Recent Developments

        5.1.5 Opportunities and Challenges

        5.1.6 Key Supplier Company Profiles

        • BASF 

        • Loreal 

        5.2 Perfumes and Toilet Waters

        5.2.1 Top Importing and Supplying Markets 

        5.2.2 Production Costs and Profitability

        5.2.3 Key Recent Developments

        5.2.4 Opportunities and Challenges

        5.2.5 Key Supplier Company Profiles

        • Givaudan SA 

        • Symrise 

        5.3 Odoriferous Substances

        5.3.1 Top Importing and Supplying Markets 

        5.3.2 Production Costs and Profitability

        5.3.3 Key Recent Developments

        5.3.4 Opportunities and Challenges

        5.3.5 Key Supplier Company Profiles

        • LVMH 

        • COTY

        6 Halal Cosmetics Opportunities and Challenges

        7 Report Purpose and Methodology

        8 Acknowledgment

        9 Appendix

        9.1 Full Table: Halal Cosmetics Muslim Spend, by Country (2019-2024) (US$ Million) 

        9.2 Full Table: Halal Cosmetics Suppliers to OIC, by Country (2019-2024) (US$ Million) 

        9.3 Full Table: Halal Cosmetics OIC Importers, by Country (2019-2024) (US$ Million) 

        9.4 Halal Cosmetics: Most Attractive Categories Prioritization (Complete List)