Market Research Report

India Halal Cosmetics Market Research Report: Forecast (2023-2028)

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 Region (North, East, West, South), 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.) Read more

  • FMCG
  • Mar 2023
  • 123
  • CG33020

Market Definition

Halal cosmetic products are beauty products that do not comprise GMOs (Genetically Modified Organisms) and animal-derived ingredients, which are considered unlawful in Islam. Moreover, these cruelty-free & vegan products do not contain alcohol, which has numerous negative effects on the skin.

Market Insights & Analysis: India Halal Cosmetics Market (2023-28)

The India Halal Cosmetics Market is likely to grow at around 30.25% CAGR during the forecast period, i.e., 2023-28. The growth of the market is projected to be driven mainly by the rising consumer demand for inclusivity & diversity in cosmetic products, coupled with the soaring Islamic population in the country. In addition, greater religious affinity, increasing affordability, halal trade & favorable regulations, and more significant investor returns are also likely to benefit the halal cosmetics industry in India over the coming years. 

Report Coverage Details
Study Period Historical Data: 2018-22
Base Year: 2022
Forecast Period: 2023-28
CAGR(2023-28) 30.25%
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
Unit Denominations USD Million/Billion

 

Halal-certified cosmetic products are cruelty-free & vegan and have no unlawful (haram) ingredients. Ingredient manufacturers are making active efforts toward obtaining halal certification for their portfolios to attain a wider consumer base. In addition, the ever-increasing consumer inclination toward vegan cosmetics is also contributing to the growing production of these products in India.

Furthermore, more & more halal cosmetics brands are being launched in the country, and newbies are collaborating with e-commerce platforms & retail outlets. The government is tightening regulations pertaining to cosmetics, and the industry itself is taking stringent measures against animal cruelty and the impact of cosmetics on the environment. Furthermore, Halal cosmetic manufacturers are latching onto the trend of inclusivity & diversity in cosmetics, creating new avenues for market expansion in the forthcoming years.

Market Dynamics

Key Driver: Improving Living Standards due to Rise in Disposable Income

India is one of the emerging economies with fast-growing GDP rates, a thriving working population, and improving disposable incomes, which all are resulting in ever-increasing consumer spending on living healthier lifestyles. Consequently, it has created a large pool of potential buyers for halal cosmetic products in the country, which clearly indicate the presence of lucrative prospects for the leading companies operating in the India Halal Cosmetics Market over the coming years.


India Halal Cosmetics Market Research Report: Forecast (2023-2028)

Market Segmentation

Based on Type:

  • Color Cosmetics
    • Face
    • Eyes
    • Lips
    • Nails
  • Personal Care
    • Hair
    • Skin
    • Fragrances

Of both, personal care products, particularly skin care, hold a larger share of the India Halal Cosmetics Market. It ascribes mainly to the rapidly rising working women population and the mounting penetration of male grooming products in the country. Most cosmetic products contain harmful chemicals & additives that cause skin irritation and might have a prolonged negative effect on health.

As a result, halal cosmetics are gaining traction as an effective alternative to traditional cosmetic products. A large number of consumers believe that skincare products are essential to living a quality life and, thus, to keep their skin healthy & glowing, they are significantly spending on halal-certified makeup & skincare products owing to their proven benefits and no side effects. These aspects are driving the Market in the personal care segment.

Based on Distribution Channel:

  • Online
  • Supermarket/Hypermarkets
  • Specialty Stores
  • Convenience Stores

Here, online distribution channels have gained traction and are projected to acquire a notable market share during 2023-28. It owes to the significant growth of the e-commerce sector that changed business operations, especially after the Covid-19 pandemic, which, in turn, pushed online sales of various products, including cosmetics, in the country. Even consumers with no familiarity with the internet opted for online platforms to fulfill their requirements.

The existing halal cosmetic brands are collaborating with e-commerce companies in order to expand their reach to Tier 5 cities & rural areas. Moreover, they are also conducting online surveys to better understand consumer requirements and provide them with customized products. Consequently, more & more consumers are increasingly opting for online shopping with benefits like discounts & offers, multiple payment methods, and quick doorstep deliveries. Hence, these aspects indicate a noteworthy share of online channels in the India Halal Cosmetics Market over the coming years.

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the India Halal Cosmetics Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the India Halal Cosmetics Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the India Halal Cosmetics Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the India Halal Cosmetics Market study?

Frequently Asked Questions

   A. The India Halal Cosmetics Market is likely to register around 30.25% CAGR during 2023-28.

   A. The growing consumer demand for inclusivity & diversity in cosmetic products, greater religious affinity, and improving disposable incomes are the prime aspects projected to drive the India Halal Cosmetics Market during 2023-28.

   A. 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 are the key companies participating in the India Halal Cosmetics Market.

   A. Online channels are projected to create lucrative prospects for the leading players in the India Halal Cosmetics Market during 2023-28.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on India Halal Cosmetics Market
  5. Southeast Asia Halal Cosmetics Market Outlook, 2018-2028F
  6. Market Size & Analysis
    1. By Revenues
  7. Market Share & Analysis
    1. By Type
      1. Color Cosmetics
        1. Face
        2. Eyes
        3. Lips
        4. Nails
      2. Personal Care
        1. Hair Care
        2. Skin Care
        3. Fragrances
    2. By Distribution Channel
      1. Online
      2. Supermarket/ Hypermarket
      3. Specialty Stores
      4. Convenience Store
      5. Others (Pharmacy, etc.)
    3. By Gender
      1. Male
      2. Female
  8. By Region
    1. North
      1. Uttar Pradesh
      2. Haryana
      3. Bihar
      4. Others
    2. East
      1. West Bengal
      2. Assam
      3. Odisha
      4. Others
    3. West
      1. Gujarat
      2. Maharashtra
      3. Rajasthan
      4. Others
    4. South
      1. Tamil Nadu
      2. Kerala
      3. Karnataka
      4. Telangana
      5. Others
  9. By Competitors
    1. Competition Characteristics
    2. Market Share & Analysis
    3. Competitive Metrix
  10. India Halal Personal Care Cosmetics Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Sales & Distribution
      2. By End User
      3. By Region
  11. India Halal Color Cosmetics Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Sales & Distribution
      2. By End User
      3. By Region
  12. India Halal Cosmetics Market Policies, Regulations, Product Standards
  13. India Halal Cosmetics Market Trends & Insights
  14. India Halal Cosmetics Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  15. India Halal Cosmetics Market Hotspot & Opportunities
  16. India Halal Cosmetics Key Strategic Imperatives for Success & Growth
  17. Company Profile
    1. MMA Bio Lab Sdn Bhd
    2. Clara International
    3. Inika Cosmetics
    4. Wardah Cosmetics
    5. Martha Tilaar Group
    6. Ivy Beauty Corporation Sdn Bhd
    7. Wipro Unza
    8. Zahara
    9. SO.LEK Cosmetics
  18. Disclaimer


India Halal Cosmetics Market Segmentation