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Halal Cosmetics
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Skin Care Market Subsector Report 2021-24
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Why buy this Report?

The Global Halal Cosmetics - Skin Care Market Subsector Report 2021-24 presents an overall analysis of the halal skin care market across 5 Harmonized System (HS) code subcategories that are identified as requiring some level of halal certification. The Report analyzes and ranks the 3 most attractive skin care subcategories (see below) and covers each category’s historical (2014-19) and projected growth (2020-24) in imports to the OIC (Organization of Islamic Cooperation), the largest importing and supplying markets, and the imported volume by the OIC countries for each category. Readers will also find insights into production costs and profitability, 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 3 most attractive halal skin care subcategories and the halal skin care market.

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

Headline insights

The Global Halal Cosmetics - Skin Care Market Subsector Report 2021-24 estimates global skin care trade (imports to OIC member countries) to be valued at US$ 4.6 billion in 2019 and is projected to grow at 10.7% CAGR, reaching US$ 7.6 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 skin care trading markets, imported volume, production costs, profitability, investments and recent developments?
• What are the top 3 most attractive halal skin care subcategories?
• Within each of the top 3 halal skin care subcategories, what are the top trading markets, imported volume, recent developments and key players?
• What are the global skin care opportunities and challenges for investors, businesses and governments?

 

Subcategories covered

The most attractive halal skin care subcategories profiled in this report include:
 Beauty or make-up
 Eye make-up
 Lip make-up

 

Key Players covered

• BASF (United States)
• Loreal (France)
• DSM (Netherlands)
• Beiersdorf (Germany)

 

Recent developments

Find an array of recent developments impacting the halal skin care 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.  


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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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