Market Overview
The India Halal Cosmetics Market was valued at USD 2.1 Billion in 2023 and is further anticipated to register a CAGR of around 30% during the forecast period, i.e., 2024-32. Owing to the average Muslim population across India, the country is anticipated to register a high demand for halal-certified items due to the preference & awareness regarding organic, cruelty-free, and clean cosmetics. Halal cosmetics offers a wide range of products, such as hair care, skincare, makeup, fragrances, and many more. Also, halal cosmetics are considerably in line with Islamic principles & are formulated or made without using any ingredient forbidden in Islam.
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What Information Does the India Halal Cosmetics Market Research Report Covers?
The research report highlights:
- The India Halal Cosmetics Market research study is a well-crafted study that draws from both primary & secondary data sources.
- Examine supply & demand dynamics, development trends, competition landscapes, brand share and pricing analysis, growth patterns from year to year, and the progress of leading market players.
- Focus on determining the areas and niche markets with the most growth potential.
- Aids in getting a thorough grasp of the competitive environment, including the distribution of market shares, important companies (premier, laggard, innovator, and start-up), and their advantages & disadvantages.
- To assist stakeholders in uncovering the market’s potential growth factors, the industry is deeply analyzed in terms of segmentations, regional study, SWOT analysis, and Porter’s Five Forces Analysis.
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Going Through the Overview of the India Halal Cosmetics Industry, 2024-2032
- Halal Cosmetics to Gain Thrust as Indian Women Prioritize Quality & Sustainability
With the wide number of women joining the workforce, there is an increased demand for high-quality cosmetics that are organic and free from harmful chemicals. This has eventually led to a shift in the way how Indian consumers purchase cosmetics, preferring cruelty-free, organic, and sustainable beauty products.
Since the Halal certification procedure includes rigorous quality control measures & adherence to specific guidelines, it makes sure that the products are free from materials considered harmful or prohibited in Islam. Hence, the certification gives consumers, including non-Muslims, self-assurance in the safety & quality of their cosmetics, as these products align with ethical & sustainable principles.
For example, one of the cosmetic-producing companies, Saba Personal Care identified this trend and aimed to capitalize on it by offering a range of products that cater to broad consumer needs. By doing so, the company aims to position itself as a leader across the national market and establish a strong foothold before other MNCs fully tap into the potential of halal & vegan beauty products in the country, further driving the India Halal Cosmetics Market growth.
Who are the Major Competitors Across the Market?
The underlying forces of any market are molded & influenced by its leading companies. Consumer preferences, competition, market trends, and the ecosystem as a whole are all significantly impacted by their interactions, tactics, and whereabouts. Some of the leading market players are:
- MMA Bio Lab Sdn Bhd
- Clara International
- Inika Cosmetics
- Wardah Cosmetics
- Martha Tilaar Group
- Ivy Beauty Corporation Sdn Bhd
- Wipro Unza
- Zahara
- SO.LEK Cosmetics
How is the India Halal Cosmetics Market Examined in Terms of Segmentation?
- India Halal Cosmetics Market Share, By Color Cosmetics (In Percentage)
- By Face
- By Eyes
- By Lips
- By Nails
- India Halal Cosmetics Market Share, By Personal Care (In Percentage)
- Hair Care
- Skin Care
- Personal Care
- India Halal Cosmetics Market Share, By Distribution Channel (In Percentage)
- Online
- Supermarket/ Hypermarket
- Specialty Stores
- Convenience Store
- Others (Pharmacy, etc.)
- India Halal Cosmetics Market Share, By Gender (In Percentage)
- Male
- Female
- India Halal Cosmetics Market Share, By Region (In Percentage)
- North (Uttar Pradesh, Bihar, Haryana, Others)
- East (Wet Bengal, Assam, Odisha, Others)
- West (Gujarat, Maharashtra, Rajasthan, Others)
- South (Tamil Nadu, Kerala, Karnataka, Telangana, Others)
Key Questions Analyzing the India Halal Cosmetics Market Research Report. 2032
- Which are the major companies across the India Halal Cosmetics Market?
- What would be the CAGR of the India Halal Cosmetics Market in the forecast years, 2024-2032?
- How big is the India Halal Cosmetics Market anticipated to be in the upcoming years?
- What market segment will dominate the healthcare staffing industry?
- What changes can we expect to see in market development trends over the next five years?
- What kind of competitive environment does the India Halal Cosmetics Market have?
- Which strategies are most commonly employed in the India Halal Cosmetics Market?
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