By Type (Color Cosmetics [Face, Eyes, Lips, Nails], Personal Care [Hair Care, Skin Care, Fragrances]), By Distribution Channel (Online, Supermarket/ Hypermarket, Specialty Stores,......Convenience Store, Others (Pharmacy, etc.)), By Gender (Male, Female), By Country (Indonesia, Thailand, Malaysia, Singapore), By Company (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 etc.) Read more
- FMCG
- Feb 2021
- 187
- PDF, Excel, PPT
Market Defination
Halal is an Arabic term which means lawful or permissible. Halal cosmetic products are beauty products that may not contain any alcohol ingredients, pork or animal blood.
Market Segmentation
Female Segment Acquired the Highest Market Share
Based on Gender, Female acquired the highest market share in the Southeast Asia Halal Cosmetics market in 2019. The rising awareness of skin disease towards the use of chemical products, launch of various Halal cosmetics by the market players to cater largest customer base, and increasing demand for cruelty-free cosmetic product are the factors propelling the demand for halal cosmetic product. Coupled with this, the rise in working women populace, burgeoning adoption of smartphones and snowballing demand for halal cosmetic via online distribution channel are projected to accelerate the growth of Southeast Asia Halal Cosmetics market in the coming years as revealed by MarkNtel Advisors’ research report “Southeast Asia Halal Cosmetics Market Analysis, 2021”.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2016-19 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| Countries Covered | Indonesia, Thailand, Malaysia, Singapore |
| Key Companies Profiled | 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 etc. |
| Unit Denominations | USD Million/Billion |
Market Opportunities
According to MarkNtel Advisors’ research report “Southeast Asia Halal Cosmetics Market Analysis, 2021”, the market is anticipated to grow at a considerable CAGR during 2021-26F on account of behavioural change among the consumer towards using halal cosmetics. The increasing awareness toward the benefit of the halal product and significant customer inclination towards organic cosmetic products are the major factors for the huge revenue growth of halal cosmetics. In addition to this, the adoption of modern lifestyle, strong growth in the e-commerce sector and growing concern among millennial about hazards of transdermal cosmetics are positively impacting the market growth. Moreover, growth in discretionary income of women and rising demand for halal personal care product are the factors leading to growth of the market.
- Introduction
- Product Definition
- Research Process
- Assumptions
- Market Segmentation
- Preface
- Executive Summary
- Impact of COVID-19 on Southeast Asia Halal Cosmetics Market
- Southeast Asia Halal Cosmetics Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Type
- Color Cosmetics
- Face
- Eyes
- Lips
- Nails
- Personal Care
- Hair Care
- Skin Care
- Fragrances
- Color Cosmetics
- By Distribution Channel
- Online
- Supermarket/ Hypermarket
- Specialty Stores
- Convenience Store
- Others (Pharmacy, etc.)
- By Gender
- Male
- Female
- By Country
- Malaysia
- Indonesia
- Singapore
- Thailand
- Others
- By Competitors
- Competition Characteristics
- Market Share & Analysis
- Competitive Metrix
- By Type
- Market Size & Analysis
- Malaysia Halal Cosmetics Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Type
- By Distribution Channel
- By Gender
- Market Size & Analysis
- Indonesia Halal Cosmetics Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Type
- By Distribution Channel
- By Gender
- Market Size & Analysis
- Singapore Halal Cosmetics Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Type
- By Distribution Channel
- By Gender
- Market Size & Analysis
- Thailand Halal Cosmetics Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenues
- Market Share & Analysis
- By Type
- By Distribution Channel
- By Gender
- Market Size & Analysis
- Southeast Asia Halal Cosmetics Market Customer Analysis, 2021-26F
- Factors Affecting Buying Decision
- Consumer Trend and Preferences
- Southeast Asia Halal Cosmetics Market Trends & Insights
- Southeast Asia Halal Cosmetics Market Dynamics
- Drivers
- Challenges
- Impact Analysis
- Southeast Asia Halal Cosmetics Market Regulations & Policy Standards
- Southeast Asia Halal Cosmetics Market Value Chain Analysis
- Southeast Asia Halal Cosmetics Market Price Analysis
- Southeast Asia Halal Cosmetics Market Best Selling Products
- Key Strategic Imperatives for Success and Growth
- Competition Outlook
- Competition Matrix
- Product Portfolio
- Target Markets
- Target End Users
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profile
- 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
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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