- Ivy Beauty Corporation Sdn Bhd (Selangor, Malaysia)
- Iba Cosmetics (Ahmedabad, India)
- Talent Cosmetics (Seoul, Korea)
- Clara International Beauty Group (Selangor Darul Ehsan, Malaysia)
- Kao Corporation (Tokyo, Japan)
- Amara Halal Cosmetics (California, U.S.)
- INIKA Organic (Victoria, Australia)
- Elaheh Halal Cosmetics Inc (New York, U.S.)
- Flora & Noor (Kentucky, U.S.)
- Martha Tilaar Group (Jakarta, Indonesia)
Halal Cosmetics Market Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast to 2028
The global halal cosmetics market size was USD 21.20 billion in 2020. The market is anticipated to grow from USD 33.3 billion in 2021 to USD 77.34 billion by 2028 at a CAGR of 12.7% in the 2021-2028 period. This information is provided by Fortune Business Insights™, in its report titled, “Halal Cosmetics Market, 2021-2028.”
According to our researchers, the surging consumer inclination for chemical-free, organic ingredient-grounded cosmetics, and personal care products is fueling the market growth. Moreover, important players remain to focus on R&D and innovation activities, which greatly enhance sales.
COVID-19 Impact
Interruptions in Supply Chain amid Pandemic to Hinder Growth
COVID-19 has caused significant supply chain disruptions worldwide, most notably throughout 2020. Small-scale manufacturers in emerging countries, such as India, Malaysia, and others, are being challenged by price fluctuations and economic uncertainties caused by the novel pandemic. Key international players such as Kao Corporation and Ivy Beauty Corporation Sdn Bhd are also experiencing disruptions in their business operations.
Fortune Business Insights™ lists out all the halal cosmetics market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market: