The Middle East & Africa Halal Cosmetics Market is expected to reach US$ 16,587.28 million by 2028 from US$ 7,446.51 million in 2022. The market is estimated to grow at a CAGR of 14.3% from 2021 to 2028.
The regional laws in Islamic countries mandate halal certification for manufacturers to import and market Halal cosmetic products. As a result, prominent international cosmetic manufacturers are getting their products halal-certified to enable them to export their products to Islamic countries. On the consumer side, Halal certification is expected to help consumers establish the product's authenticity and its ingredients. Thus, the Halal certification mandate by Islamic countries is expected to provide the necessary regulatory support and supplement market growth. The Middle East & Africa halal cosmetics market is expected to grow at a notable CAGR during the forecast period.
The Middle East & Africa halal cosmetics market is segmented on the basis of product type, category, distribution channel, and country. Based on product type, the market is categorized into skincare, haircare, makeup, and others. In 2022, the skincare segment emerged as the leading segment. Based on category, the market is segmented into men, women, and unisex. In 2022, the women segment has been leading the market. Based on distribution channel, the market is categorized into supermarkets and hypermarkets, specialty stores, online retail, and others. In 2022, the specialty stores segment held the largest market share.
Based on country, the market is fragmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East and Africa. The Rest of the Middle East and Africa is leading the market with a substantial share in 2022.
Inglot Cosmetics, IVY Beauty Corporation, OnePure LLC, PHB Ethical Beauty Ltd, and Sampure Minerals are the leading companies in this regional market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 7,446.51 Million |
| Market Size by 2028 | US$ 16,587.28 Million |
| CAGR (2021 - 2028) | 14.3% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
The Middle East and Africa Halal Cosmetics Market is valued at US$ 7,446.51 Million in 2022, it is projected to reach US$ 16,587.28 Million by 2028.
As per our report Middle East and Africa Halal Cosmetics Market, the market size is valued at US$ 7,446.51 Million in 2022, projecting it to reach US$ 16,587.28 Million by 2028. This translates to a CAGR of approximately 14.3% during the forecast period.
The Middle East and Africa Halal Cosmetics Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Halal Cosmetics Market report:
The Middle East and Africa Halal Cosmetics Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Halal Cosmetics Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Halal Cosmetics Market value chain can benefit from the information contained in a comprehensive market report.
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