The increasing awareness of the harmful effects of synthetic cosmetics, such as respiratory distress, skin allergy, and others, has propelled the shift of consumers’ preference toward halal cosmetics. Additionally, the growth of the Islamic population across the region is augmenting the expansion of the halal cosmetics market. With the growth envisaged in the coming years, new start-up cosmetics players are emerging, and the sector is diversifying its product portfolio.
In addition, the surge in internet penetration has supplemented the growth of e-commerce and online retailing in the region. This has led to a lucrative opportunity for Halal cosmetics manufacturers to sell their products online to increase their reach. Large manufacturers are, thus, leveraging the reach of social media to spread awareness about halal cosmetics to consumers. The North America halal cosmetics market is expected to grow at a good CAGR during the forecast period.
The North America 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 the US, Canada, and Mexico. The US is leading the regional 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$ 5,100.54 Million |
| Market Size by 2028 | US$ 10,741.40 Million |
| CAGR (2021 - 2028) | 13.2% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Halal Cosmetics Market is valued at US$ 5,100.54 Million in 2022, it is projected to reach US$ 10,741.40 Million by 2028.
As per our report North America Halal Cosmetics Market, the market size is valued at US$ 5,100.54 Million in 2022, projecting it to reach US$ 10,741.40 Million by 2028. This translates to a CAGR of approximately 13.2% during the forecast period.
The North America 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 North America Halal Cosmetics Market report:
The North America Halal Cosmetics Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Halal Cosmetics Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Halal Cosmetics Market value chain can benefit from the information contained in a comprehensive market report.
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