Halal Cosmetic Market – Global Opportunities & Forecast, 2020-2027

1. Report Title Halal Cosmetic Market – Global Opportunities & Forecast, 2020- 2027 GMI Research GMI Research See the Future Insights 1

2. The GMI Research’s market research report is a professional and in-depth study on the current state of the market, which covers numerous aspects of the industry, such as the market size, market status, market trends, and forecast. The market report also offers brief information related to the competitors and the specific growth opportunities with key market drivers. The Halal Cosmetic Market drivers and trends are as follows: The key drivers responsible for the growth of the global halal cosmetic market includes the rising considerable Islamic population base who are ready to pay premium prices for Halal-certified beauty products. Furthermore, the growing awareness regarding the usage of cosmetic products is another factor boosting the growth of the market during the forecast period. The Muslim population comprises the largest part of the global population; hence the cosmetic market focuses on developing halal-certified products. Moreover, the rapid urbanization and growing standards of living are certain other factors which are increasing the demand of the market. Apart from the domestic market, India is also a hub of exports for halal products, especially from Saudi Arabia, Bangladesh, Malaysia, and the UAE. The rising incidences of health-related diseases such as genital abnormalities and breast cancer, as a result of the cosmetics, have given rise to various concerns regarding the ingredients. Many Muslim populated economies, such as Arab countries and Pakistan, are emerging as price-sensitive countries. Thus, the leading companies aim to launch small packaging products at a lower price range to avoid a one-time investment. In addition to this, the increasing desire of the young Muslim population to associate their interest in fashion & makeup with Islamic loyalties is another factor that will positively impact the emerging demand of the market. On the other edge of the spectrum, the high cost of these cosmetics, and limited standard guidelines for halal certifications hinders the growth of the market during the forecast period. Key Benefits of the Report: •This report offers an analytical depiction of the halal cosmetic market while providing the current trends and future estimations to determine the imminent investment pockets. 2

3. •This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the halal cosmetic market share. •The report also provides a detailed halal cosmetic market analysis based on competitive intensity and how the competition will take shape over the next six years. Various companies covered in the Halal Cosmetic Market report: •MMA Bio Lab Sdn Bhd •IVY Beauty Corporation •Talent Cosmetics •The Halal Cosmetics Company •PHB Ethical Beauty Ltd. •Sampure Minerals •Amara Halal Cosmetics •INIKA Organic •Martha Tillar Group •Clara International Beauty Group Segmentation of the Halal Cosmetic Market: Breakup by Product: •Skin care •Hair care •Makeup •Other cosmetic products Breakup by Distribution Channel: •Retail Sales o Supermarkets/hypermarkets o General departmental stores o Drug stores o Brand outlets •Online sales Breakup by Region: •North America oUnited States of America 3

4. oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve. 4

5. Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: https://www.gmiresearch.com/ 5