Press Release

India Halal Cosmetics market is expected to grow at a CAGR of 30.25% during 202-28

The India Halal Cosmetics Market size is anticipated to grow at a CAGR of around 30.25% during 2023-28, cites MarkNtel Advisors in their recent research report. This growth is primarily driven by the increasing demand for diverse and inclusive cosmetic products and the rising Islamic population in the country. Additionally, factors such as religious affinity, affordability, halal trade, favorable regulations, and promising investor returns are expected to boost the halal cosmetics industry in India. Halal-certified cosmetics are cruelty-free, vegan, and free from prohibited ingredients. Ingredient manufacturers are actively seeking halal certification to reach a wider consumer base. Moreover, the growing preference for vegan cosmetics is leading to increased production of these products in India.

Furthermore, there is a rise in the number of halal cosmetics brands launching in the country, with new brands partnering with e-commerce platforms and retail stores. The government is strengthening regulations related to cosmetics, and the industry itself is taking strict measures against animal cruelty and the environmental impact of cosmetics. Additionally, halal cosmetic manufacturers are embracing the trend of diversity and inclusivity in cosmetics, paving the way for market expansion in the coming years, further states the research report, India Halal Cosmetics Market Analysis, 2023.”.

India Halal Cosmetics Market Segmentation Analysis

Personal Care Products Dominated the Market 

Personal care products, especially skin care items, hold a significant portion of the India Halal Cosmetics Market. This can be attributed to the increasing population of working women and the growing popularity of male grooming products in the country. Many conventional cosmetic products contain harmful chemicals and additives that can lead to skin irritation and long-term health issues.

Consequently, halal cosmetics are becoming popular as a safer alternative. A considerable number of consumers consider skincare essential for a better quality of life, leading to substantial investments in halal-certified skincare and makeup products due to their proven benefits and lack of negative side effects. These factors are propelling the market in the personal care segment.

Online Distribution Channels Acquire a Notable Market

Online distribution channels have become increasingly popular and are expected to capture a significant market share between 2023 and 2028. This shift is largely due to the rapid growth of e-commerce driven by the changes brought about by the Covid-19 pandemic. The pandemic has led to a surge in online sales, including cosmetics, even among consumers unfamiliar with online platforms. Halal cosmetic brands are now teaming up with e-commerce companies to reach customers in smaller cities and rural areas, expanding their presence.

They are also utilizing online surveys to better understand customer needs and offer personalized products. As a result, more consumers are turning to online shopping for its advantages such as discounts, multiple payment options, and fast deliveries. These trends indicate a significant presence of online channels in the India Halal Cosmetics Market in the upcoming years.

Competitive Landscape

With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including MMA Bio Lab Sdn Bhd, Clara International, Inika Cosmetics, Wardah Cosmetics, Martha Tilaar Group, Ivy Beauty Corporation Sdn Bhd, Wipro Unza, Zahara, SO.LEK Cosmetics and others are looking forward to strengthening their market positions.

Key Questions Answered in the Study

1. What are the current and future trends in the India Halal Cosmetics market? 
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the India Halal Cosmetics market?
5. What is the customer orientation, purchase behavior, and expectations from the India Halal Cosmetics market service providers across various regions?