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Between 2015 and 2020, the GCC halal cosmetics market grew at a CAGR of around 14%. Looking ahead, the market is expected to keep growing strongly between 2021 and 2026.
The report constantly tracks and evaluates the pandemic’s direct and indirect effects, bearing in mind the uncertainties of COVID-19. As a major market contributor, these observations are included in the report.
Halal cosmetics are beauty products that are made with specific ingredients that are permitted under Islamic Sharia law. Color cosmetics, fragrances, skincare, haircare, and body care products are all included. Halal cosmetics are free of ingredients that Muslims are prohibited from consuming, such as alcohol and animal-derived ingredients.
The growing Muslim population in the Gulf Cooperation Council (GCC) region, combined with increased halal certification compliance, is driving up demand for halal cosmetics. Furthermore, rising health concerns about the high prevalence of various skin disorders as a result of synthetic and alcohol-based cosmetic ingredients are boosting market growth. Aside from that, the market is fueled by the region’s growing working women population, which encourages the purchase of high-quality and premium halal cosmetics.
Furthermore, several international brands are incorporating halal cosmetics into their product portfolios to meet the specific needs and preferences of GCC consumers. Furthermore, the rise of e platforms that provide diverse product options, door-step delivery, secure payment gateways, and other features are anticipated to drive the halal cosmetics market in the region.
Key Market Segmentation:
Breakup by Distribution Channel:
Breakup by Country:
Competitive Landscape:
The industry’s competitive landscape has also been analyzed, with Amara Halal Cosmetics, Clara International Beauty Group, Iba Cosmetics, Lush, OnePure LLC, PHB Ethical Beauty Ltd., Sampure Minerals, and The Halal Cosmetics Company among the key players.
Company Profiles:
