Halal Cosmetics Market

Halal Cosmetics Market

Halal Cosmetics Market: Asia Pacific Industry Analysis and Opportunity Assessment 2015 - 2020

  • XPLREP1765

  • June, 2015

  • 92 Pages

  • Retail

Increasing awareness among consumers on their religious obligations has created greater demand for Halal products among people, especially in the Asia Pacific region. The Asia Pacific Halal cosmetics market was estimated to be worth US$ 1,411.2 Mn in 2014. It is anticipated to expand at a CAGR of 9.9% during forecast period 2015-2020. The Asia Pacific Halal cosmetics market is segmented on the basis of product type and region.

Asia Pacific Halal Cosmetics Market: Segmentation

On the basis of product type, the market is segmented into skin care, colour cosmetics, hair care, and fragrances. Furthermore, colour cosmetics segment is segmented into lip care, eye care, nail care, and face care. On the basis on region, the Asia Pacific Halal cosmetics market is segmented into Southeast Asia, East Asia, South Asia and Oceania.

Skin care segment was valued at US$ 453.4 million in 2014 with 32.1% market share. It is expected to gain its market share by 10 BPS through 2020. Colour cosmetics is the largest segment in terms of revenue with 37.4% market share; it is likely to maintain its dominance during the forecast period with 38.0% market share, reflecting an increase of 60 BPS over the forecast period. The colour cosmetics segment is likely to exhibit the highest CAGR of 10.2% during 2015-2020 with rising y-o-y growth through the forecast period.

Asia Pacific Halal Cosmetics Market: Key Regions

Geographically, Southeast Asia is the dominant market for Halal cosmetics and it is likely to grow at the fastest rate, as compared to other regions; South Asia is the second most lucrative market for Halal cosmetics market. Both Southeast- and South- Asia have high consumer base that is looking for Halal-certified products.

Increasing awareness about transdermal nature of cosmetics is another driver for the growth of the Halal organic cosmetics market in Asia Pacific. Demand for organic/vegan-friendly cosmetics, greater availability of colour cosmetics variants, and increase in distribution and marketing channels are other growth factors for Halal cosmetics market.

Some of the market leaders in the Asia Pacific Halal cosmetics market are INIKA, Martha Tilaar, Wipro Unza, Clara International, Brataco Group Of Companies, Ivy Beauty Corporation Sdn Bhd, and Paragon Technology & Innovation.

Purchase Options
Halal Cosmetics Market: Asia Pacific Industry Analysis and Opportunity Assessment 2015 - 2020
Buy Now
Custom Market Research Services

Custom Market Research Services

xploreMR offers custom market reserch services that help clients to get information on their business scenario required where syndicated solutions are not enough

Why Choose XploreMR

Why Choose XploreMR
  • Analyst Support

    Our analysts go above and beyond to answer your specific queries. We are with you throughout the entire journey – from initial discussion to post-purchase.

  • Country-wise Analysis & Forecasting

    As we track markets at country-level, we are able to offer hard-to-find market intelligence in both developed and emerging countries.

  • High Quality At Competitive Pricing

    We believe high quality market research shouldn’t be out of reach for businesses. Our competitively-priced market research reports ensure businesses of all sizes have access to quality information

Popular Reports

Market Study on Face Masks: Popularity of Clay Masks to Remain High across Geographies

Face Mask Market - Scope of Report XploreMR recently published a new report on the face mask market for the assessment period of 2021-2031. The report offers a close look at the evolving aspects of t ...