Market Overview
Most of the normal markets across the world are becoming
saturated, however, the Muslim community is developing some fast-growing
consumer products and segments across the world . one among these most
promising segments witnessing the fastest growth in recent years is that the
halal cosmetics products market. This segment is offering a key growth
opportunity for private care and cosmetics manufacturers worldwide.
Color cosmetic product type segment is predicted to grow at
the fastest rate of growth in global halal cosmetic products market due to the
increasing number of young Muslim population associating their lifestyle and
appearance with Islamic rules.
Asia Pacific
Halal Cosmetics Market: Drivers
High presence of the Muslim population in Asia Pacific is
predicted to propel growth of Asia Pacific halal cosmetics market over the
forecast period. as an example , consistent with Pew research facility , the
amount of Muslims within the Asia Pacific is projected to extend from about 1
billion in 2010 to about 1.3 billion in 2030.
Increasing presence of halal-certified manufacturers is
additionally expected to assist in growth of the market. as an example ,
Indochine Natural , a Malaysia-based artisan offers halal-certified all-natural
skin and hair care products.
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