India Halal Cosmetics Market Overview: 2023-28
Base Year: 2022
Historical Years: 2018-21
Forecast Years: 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.
Markntel Advisor’s India Halal Cosmetics Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, India Halal Cosmetics Market drivers, barriers, India Halal Cosmetics Market Trends, and Key Players in India Halal Cosmetics Market.
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India Halal Cosmetics Market Dynamics: 2023-28
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.
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India Halal Cosmetics Market (2023-28): Segmentation Outlook
The market report has segmented the market into the following categories:
- By Type
- Color Cosmetics
- Face
- Eyes
- Lips
- Nails
- Personal Care
- Hair Care
- Skin Care
- Fragrances
- Color Cosmetics
According to report, Of both, personal care products, particularly skin care, hold a larger share of the India Halal Cosmetics Market.
- By Distribution Channel
- Online
- Supermarket/ Hypermarket
- Specialty Stores
- Convenience Store
- Others (Pharmacy, etc.)
According to report, Here, online distribution channels have gained traction and are projected to acquire a notable market share during 2023-28.
- By Gender
- Male
- Female
- By Region
- North
- Uttar Pradesh
- Haryana
- Bihar
- Others
- East
- West Bengal
- Assam
- Odisha
- Others
- West
- Gujarat
- Maharashtra
- Rajasthan
- Others
- South
- Tamil Nadu
- Kerala
- Karnataka
- Telangana
- Others
- North
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the India Halal Cosmetics Market:
- 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
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