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The World Market for Halal Cosmetics, 2019 to 2025 - Key Players are MMA Bio Lab, Ivy Beauty Corporation, and PHB Ethical Beauty

GlobeNewswire Monday, 17 June 2019
Dublin, June 17, 2019 (GLOBE NEWSWIRE) -- The "Halal Cosmetics Market Size, Share & Trends Analysis Report By Product (Skin Care, Hair Care, Makeup), By Region (North America, Europe, Asia Pacific, MEA, Central & South America), And Segment Forecasts, 2019 - 2025" report has been added to *ResearchAndMarkets.com's* offering.

The global halal cosmetics market size is projected to reach USD 52.02 billion by 2025 registering a CAGR of 12.3%, according to this new report.

Considerable Islamic population base across the globe that is willing to pay premium prices for Halal-certified beauty products is anticipated to drive the product demand over the forecast period. The market is niche with the presence of both large- and small-scale manufacturers. Growing concern among consumers about the usage of animal-derived ingredients, such as gelatin and collagen, has resulted in the increased production of halal-certified products by many cosmetic industry participants.

Regional companies are entering the global market to fulfill the rising demands. Middle East and Africa accounted for around 18% of the global revenue share in 2018. Though there is a growing demand for halal products in Middle East, there is an absence of complete regulation system. However, Brunei has an established regulatory system that promotes and produces halal products. There have been a lot of initiatives taken by different Islamic countries to integrate the halal industry. For instance, Malay Chamber of Commerce Malaysia (MCCM) built a marketing center in Dubai to help the growth of such products and pave opportunities for manufacturers to advertise their portfolio.

*Further key findings from the study suggest:*

· Skin care is anticipated to be the fastest-growing product segment of the halal cosmetics market over the forecast period
· Makeup products is projected to be the second-largest segment and is said to register a CAGR of 12.5% from 2019 to 2025
· Middle East & Africa is the second-largest regional market after Asia and was valued at 4.04 billion in 2018
· Since Muslims constitute a major part of the population of the region, the mainstream cosmetic industry is pushed to fulfil their needs
· Some of the key companies in this market are MMA Bio Lab Sdn Bhd, Ivy Beauty Corporation Sdn Bhd, PHB Ethical Beauty

*Key Topics Covered*

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.4. Regulatory Framework
3.5. Market Dynamics
3.6. Trade Analysis
3.7. Business Environment Analysis:

Chapter 4 Halal Cosmetics Market: Product Estimate & Trend Analysis
4.1 Product movement analysis & market share, 2018 & 2025
4.2 Skin care
4.3 Hair care
4.4 Makeup
4.5 Other cosmetic products

Chapter 5 Halal Cosmetics Market: Regional Estimate & Trend Analysis
5.1 Regional movement analysis & market share, 2018 & 2025
5.2 North America
5.3 Europe
5.4 Asia Pacific
5.5 Central & South America (CSA)
5.6 Middle East & Africa (MEA)

Chapter 6 Competitive Landscape
6.1 Key global players & recent developments & their impact on the industry
6.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
6.3. Vendor Landscape
6.4. Private Companies

Chapter 7 Company Profiles
7.1 MMA Bio Lab Sdn Bhd
7.2 Ivy Beauty Corporation Sdn Bhd
7.3 Talent Cosmetic Co. Ltd.
7.4 The Halal Cosmetics Company
7.5 PHB Ethical Beauty
7.6 Sampure Minerals
7.7 Amara Cosmetics Inc.
7.8 INIKA
7.9 Martha Tilaar Group
7.10 Clara International
7.11 Saaf Skincare
7.12 Prolab Cosmetics
7.13 IBA Halal Care

For more information about this report visit https://www.researchandmarkets.com/r/qv0cjp

CONTACT:
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
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Related Topics: Cosmetics
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