Latest News- Halal Cosmetics And Personal Care Market: Skin care is expected to lead the Type segment during 2025-2029

The Halal Cosmetics And Personal Care Market is being driven by Growing interest in personal grooming

The Halal Cosmetics And Personal Care Market is expected to grow at a CAGR of 4.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 20477.9 million. The digital age has brought about a paradigm shift in retailing, particularly in the cosmetics and personal care sector. Online shopping has gained immense traction due to the widespread use of the Internet and smart devices. This trend presents substantial opportunities for businesses to expand their reach, enhance brand recognition, and boost profits. Consumers increasingly prefer the convenience of purchasing these items online, bypassing lengthy store visits and queues at the cashier. They can securely pay using various modes such as credit cards, debit cards, or digital wallets. Additional advantages include cash-on-delivery, an extensive selection of brands and products, free home delivery, and discounts. Consequently, companies are capitalizing on this tech-savvy demographic and are actively marketing their products online. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Skin care
  • Hair care
  • Makeup
  • Others
• Distribution Channel
  • Offline
  • Online
• Geography
  • APAC
    • China
    • India
    • Japan
  • Middle East and Africa
  • Europe
    • Germany
    • UK
  • North America
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing interest in personal grooming
• Rising muslim population worldwide
• Improved standardization and certifications

However, the market also witnesses some limitations, which are as follows:

• Increase in production cost
• Presence of counterfeit products
• Lack of awareness of halal cosmetics

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Market Scope in Halal Cosmetics And Personal Care Market Research Report

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Research Analysis Overview

The Halal cosmetics and personal care market prioritize the use of Halal-certified ingredients, catering to consumers seeking ethical and authentic beauty solutions. This market encompasses plant- and mineral-based products, dermatologically tested formulations, and sensitive skin care. Antioxidant-rich and vitamin-enriched products, natural extracts, essential oils, and herbal remedies are integral. Ayurvedic ingredients and traditional medicine are also incorporated, following clinical trials for product efficacy and consumer feedback. Ethical sourcing practices, fair trade ingredients, bio-based materials, and recyclable packaging are prioritized for sustainability. Social impact, community development, and women's empowerment initiatives are also essential aspects of this market, emphasizing holistic well-being and spiritual connection. The market values transparency, focusing on product lifecycle management, supply chain ethics, and reducing carbon footprints through water conservation, energy efficiency, and waste management.

Market Research Overview

The global personal care market encompasses the production and research and development of various personal and beauty care products, including cosmetics, perfumes, masks, sex toys, hair wigs and extensions, and polarized sunglasses. According to Technavio, market size is determined by the consolidated revenue generated by manufacturers. Factors driving market growth include rising disposable income, leading to increased expenditure on luxury and lifestyle-related items, such as halal certified, natural, organic, vegan, and cruelty-free cosmetics and personal care products, which cater to diverse consumer preferences and adhere to Islamic guidelines.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/