Halal Cosmetics Market: Growing Demand among Non-Muslim Consumers Halal cosmetics have emerged as a popular choice for consumers seeking personal care products that align with their values and beliefs. These products are made with permissible ingredients according to Islamic law, meaning they do not contain any animal products derived from prohibited animals or alcohol and are processed in a way that does not compromise their purity. These products are not only meant for Muslims but also for non-Muslims who are concerned about the safety, quality, and ethical aspects of the products they use. According to Inkwood Research, the global halal cosmetics market is expected to generate over $63 billion by 2032, surging with a 9.03% CAGR during the forecast period 2023-2032. According to the State of the Global Islamic Economy Report published for 2020-2021, Muslim consumer spending on halal products is expected to reach $2.4 trillion by 2024. However, a significant rise is evaluated in the trend of halal cosmetics adoption among non-muslims in the past few years.
Why is Halal Cosmetics a Thriving Choice Among Non-Muslims?
Healthier Alternative for Chemical-Based Products
Halal cosmetics are generally considered to be safer and healthier as they are free from substances such as alcohol, animal-derived ingredients, and other chemicals that may cause skin irritation or allergies. Halal cosmetics are also cruelty-free as they are not tested on animals, a major concern for many consumers against animal testing. In 2018, L’Oréal, a prominent global cosmetics company, launched a halal-certified skincare line in Malaysia. Additionally, Schwan-Stabilo Cosmetics, a German company, is ready to offer halal-certified products to key customers such as Procter & Gamble and L’Oréal. Additionally, in a press release recorded by LiveMint, Joerg Karas, the general manager of Schwan-Stabilo Cosmetics, predicted that “Halal certification is a requirement that might be put in place by other countries in the future” and that they are “well-equipped for this niche market.” (Source)
Friendly to the Environment
Halal cosmetics are considered environmentally friendly as they do not contain harmful chemicals or pollutants that may harm the environment. This is particularly important for environmentally conscious consumers who want to reduce their carbon footprint. For example, Amara Halal Cosmetics is a United States-based company that provides a wide range of halal-certified cosmetics. Amara faces competition from other companies in the same industry, such as ILIA Beauty, Renee Cosmetics, ESQA, and LIVETINTED. According to the company’s sources, Amara Halal Cosmetics is ranked 49th among 140 active competitors. (Source)
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