India Halal Cosmetics Market Insights: Trends, Growth, and Forecast to 2032

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?

1. India Halal Cosmetics Market Share, By Color Cosmetics (In Percentage)
   1. By Face
   2. By Eyes
   3. By Lips
   4. By Nails
2. India Halal Cosmetics Market Share, By Personal Care (In Percentage)
   1. Hair Care
   2. Skin Care
   3. Personal Care
3. India Halal Cosmetics Market Share, By Distribution Channel (In Percentage)
   1. Online
   2. Supermarket/ Hypermarket
   3. Specialty Stores
   4. Convenience Store
   5. Others (Pharmacy, etc.)
4. India Halal Cosmetics Market Share, By Gender (In Percentage)
   1. Male
   2. Female
5. India Halal Cosmetics Market Share, By Region (In Percentage)
   1. North (Uttar Pradesh, Bihar, Haryana, Others)
   2. East (Wet Bengal, Assam, Odisha, Others)
   3. West (Gujarat, Maharashtra, Rajasthan, Others)
   4. 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?