South East Asia Halal Cosmetics Market Research Report: Forecast (2021-2026)

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
Pages 187
Report Format: PDF, Excel, PPT

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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.

South East Asia Halal Cosmetics Market Revenue Estimation by 2026

Impact of COVID-19

The Outbreak of the covid-19 pandemic has impacted the demand for halal cosmetics on account of the paradigm shift of the customer from less essential products to essential products. However, exponential growth in online retailing was witnessed in the region in order to offset the disruption in the market. Besides this, the new product innovation under halal cosmetics was also introduced during the pandemic such as sanitisers, hand creams, eye care etc. Hence, the market is expected to observe a significant growth rate in the forthcoming timeline.

Competitive Landscape

According to MarkNtel Advisors’, the key players with a considerable market share in the Southeast Asia Halal Cosmetics industry include 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.

Key Questions Answered in the Market Research Report

What are the key overall market statistics or market estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of Southeast Asia Halal Cosmetics Market?
What is the country-wise industry size, growth drivers and challenges key market trends?
What are the key innovations, opportunities, current and future trends and regulations in the Southeast Asia Halal Cosmetics Market?
Who are the key competitors, what are their key strength and weakness and how they perform in Southeast Asia Halal Cosmetics Market based on the competitive benchmarking matrix?
What are the key results derived from the market surveys conducted during the course of Southeast Asia Halal Cosmetics Market study?

Frequently Asked Questions

A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.

A. The market size/industry size or the market value is measured in terms of USD Million.

A. The growth rate of the Southeast Asia Halal Cosmetics Market during 2021-26 is expected to grow at a considerable CAGR.

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, etc., are a few of the leading players in the Southeast Asia Halal Cosmetics Market.

A. Female segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.

A. Singapore grabbed a significant market share continue to grow at the highest CAGR, presenting immense opportunities for market players of Southeast Asia Halal Cosmetics Market.

Introduction
1. Product Definition
2. Research Process
3. Assumptions
4. Market Segmentation
Preface
Executive Summary
Impact of COVID-19 on Southeast Asia Halal Cosmetics Market
Southeast Asia Halal Cosmetics Market Outlook, 2016-2026F
1. Market Size & Analysis
  1. By Revenues
2. 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
  4. By Country
    1. Malaysia
    2. Indonesia
    3. Singapore
    4. Thailand
    5. Others
  5. By Competitors
    1. Competition Characteristics
    2. Market Share & Analysis
    3. Competitive Metrix
Malaysia Halal Cosmetics Market Outlook, 2016-2026F
1. Market Size & Analysis
  1. By Revenues
2. Market Share & Analysis
  1. By Type
  2. By Distribution Channel
  3. By Gender
Indonesia Halal Cosmetics Market Outlook, 2016-2026F
1. Market Size & Analysis
  1. By Revenues
2. Market Share & Analysis
  1. By Type
  2. By Distribution Channel
  3. By Gender
Singapore Halal Cosmetics Market Outlook, 2016-2026F
1. Market Size & Analysis
  1. By Revenues
2. Market Share & Analysis
  1. By Type
  2. By Distribution Channel
  3. By Gender
Thailand Halal Cosmetics Market Outlook, 2016-2026F
1. Market Size & Analysis
  1. By Revenues
2. Market Share & Analysis
  1. By Type
  2. By Distribution Channel
  3. By Gender
Southeast Asia Halal Cosmetics Market Customer Analysis, 2021-26F
1. Factors Affecting Buying Decision
2. Consumer Trend and Preferences
Southeast Asia Halal Cosmetics Market Trends & Insights
Southeast Asia Halal Cosmetics Market Dynamics
1. Drivers
2. Challenges
3. 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
1. Competition Matrix
  1. Product Portfolio
  2. Target Markets
  3. Target End Users
  4. Research & Development
  5. Strategic Alliances
  6. Strategic Initiatives
2. 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
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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