South and Central America Halal Cosmetics Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Skincare, Haircare, Makeup, and Others), Category (Men, Women, and Unisex), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

The South & Central America Halal Cosmetics Market is expected to reach US$ 5,989.63 million by 2028 from US$ 3,408.63 million in 2022. The market is estimated to grow at a CAGR of 9.9% from 2021 to 2028.

The concept of Halal is becoming a symbol for quality assurance and lifestyle choice for religiously sensitive consumers. At present, men and women especially in urban areas are showing increased interest and awareness towards Halal certified cosmetic products. This trend is expected to expand in semi urban and rural areas in the near future. This will provide additional incentive for cosmetic manufacturers to diversify their product portfolio and introduce halal cosmetic products range. The South & Central America Halal Cosmetics Market is expected to grow at a good CAGR during the forecast period.

South & Central America Halal Cosmetics Revenue and Forecast to 2028 (US$ Million)

South & Central America Halal Cosmetics Market Segmentation          

The South & Central 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 Argentina, Brazil, and the Rest of South & Central America. Brazil 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.

1. Inglot Cosmetics.
2. IVY Beauty Corporation.
3. PHB Ethical Beauty Ltd.
4. Sampure Minarals.

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM Halal Cosmetics Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in SAM Halal Cosmetics Market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.