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Global Halal Cosmetics Market Anticipated to Expand at a CAGR of 6.8% During 2016-2024

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Global Halal Cosmetics Market Anticipated to Expand at a CAGR of 6.8% During 2016-2024


      

According to Goldstein Research, global halal cosmetics market is expected to reach USD 21.4 billion by 2024 from USD 12.6 billion in 2016, growing at a CAGR of 6.8% over the forecast period 2016-2024. Growing Muslim population and rising adoption of modern lifestyle by the Muslim community are the major factors driving the growth of global halal cosmetics market. Non-Muslim consumers are also driving the demand for halal cosmetics owing to rising demand for organic and vegan cosmetics. Global halal cosmetics market segmentation has been done on the basis of product type, distribution channel and geography. The changing mindset of Muslim consumers and the worldwide trend of ethical consumerism trigger the development of vast range halal cosmetic products.

Global halal cosmetics industry is largely dominated by Asia-Pacific region and accounted for more than 35% revenue share in 2016. High Muslim population countries in South Asia such as Indonesia, Malaysia and Singapore are the major revenue contributors to the halal cosmetic market in Asia-Pacific region. Across Middle East, halal cosmetic market is registering 12% annual growth rate reaching USD 2.3 billion in total value of halal cosmetics related sales.

Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/global-halal-cosmetics-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Market Segmentation

On the basis of our in-depth analysis, Global Halal cosmetics Market can be segmented as follows:

By Product Types

o Beauty care

o Hair care

o Makeup

o Fragrances

By Distribution Channels

o Online Channel

o Offline Channels (Beauty Specialty Stores Etc.)

By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}

o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Browse Full Report: https://www.goldsteinresearch.com/report/global-halal-cosmetics-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

“Global Halal cosmetics Market Outlook 2024” contains detailed overview of the global halal cosmetics market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type and distribution channel.

Further, for the in-depth analysis, Global Halal cosmetics Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Amara Cosmetics, Pure Halal Beauty, SAAF International, Samina Pure Makeup, Inika Cosmetics, Martha Tilar Group, One Pure, Ivy Beauty, MMA Biolab, The Halal Cosmetics company, Clara International, INGLOT, Jataine, Le Wangi De Wangi, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global halal cosmetics market insights along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our industry analysis reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on consumer goods industry trends reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

 

Contact for more Info:

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(Global Sales Head)

USA: + 1-646-568-7747

Canada:  1-437-886-1181

UK: +44-203-318-6627

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www.goldsteinresearch.com

 

 

 

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Global Halal Cosmetics Market Anticipated to Expand at a CAGR of 6.8% During 2016-2024

Source: Press Release

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