Market Overview
The India Halal Cosmetics Market was valued at USD 2.1 Billion in 2023 and is further anticipated to register a CAGR of around 30% during the forecast period, i.e., 2024-32. Owing to the average Muslim population across India, the country is anticipated to register a high demand for halal-certified items due to the preference & awareness regarding organic, cruelty-free, and clean cosmetics. Halal cosmetics offers a wide range of products, such as hair care, skincare, makeup, fragrances, and many more. Also, halal cosmetics are considerably in line with Islamic principles & are formulated or made without using any ingredient forbidden in Islam.
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What Information Does the India Halal Cosmetics Market Research Report Covers?
The research report highlights:
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Going Through the Overview of the India Halal Cosmetics Industry, 2024-2032
With the wide number of women joining the workforce, there is an increased demand for high-quality cosmetics that are organic and free from harmful chemicals. This has eventually led to a shift in the way how Indian consumers purchase cosmetics, preferring cruelty-free, organic, and sustainable beauty products.
Since the Halal certification procedure includes rigorous quality control measures & adherence to specific guidelines, it makes sure that the products are free from materials considered harmful or prohibited in Islam. Hence, the certification gives consumers, including non-Muslims, self-assurance in the safety & quality of their cosmetics, as these products align with ethical & sustainable principles.
For example, one of the cosmetic-producing companies, Saba Personal Care identified this trend and aimed to capitalize on it by offering a range of products that cater to broad consumer needs. By doing so, the company aims to position itself as a leader across the national market and establish a strong foothold before other MNCs fully tap into the potential of halal & vegan beauty products in the country, further driving the India Halal Cosmetics Market growth.
Who are the Major Competitors Across the Market?
The underlying forces of any market are molded & influenced by its leading companies. Consumer preferences, competition, market trends, and the ecosystem as a whole are all significantly impacted by their interactions, tactics, and whereabouts. Some of the leading market players are:
How is the India Halal Cosmetics Market Examined in Terms of Segmentation?
Key Questions Analyzing the India Halal Cosmetics Market Research Report. 2032
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