
GCC Halal Cosmetics Market, By Product Type (Personal Care, Color Cosmetics); By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores); By Country (Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Oman), Trend Analysis, Competiti
Description
GCC Halal Cosmetics Market, By Product Type (Personal Care, Color Cosmetics); By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores); By Country (Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Oman), Trend Analysis, Competitive Landscape & Forecast, 2022–2028
GCC Halal Cosmetics Market to Grow at Significant 16.2% CAGR during 2018–2028
Halal cosmetics market in the Gulf Cooperation Council (GCC) region is flourishing because of a strong and wide presence of Muslim population in the region, spurring demand for halal certification compliance, growing health and wellness awareness, expanding e-commerce platforms, and rising participation of females in the region’s workforce.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects GCC Halal Cosmetics Market size to grow at a CAGR of 16.2% during the forecast period between 2022 and 2028. GCC halal cosmetics market expansion is driven by strong and region-wide presence of Muslim population and demand for halal certification compliance. Increasing consumer focus on addressing prevalent health concerns caused by chemical and alcohol-based cosmetics ingredients is driving the overall market's growth. The growing participation of women in the region’s workforce in the GCC region is driving the sale of high-quality and premium halal cosmetics along with high adoption of halal cosmetics by foreign businesses in their product line to cater to the specific requirements and preferences of GCC consumers. Added to these, expansion of e-commerce platforms that provide unique product and service options, such as door-to-door delivery and secure online payments, is expected to propel the market for halal cosmetics throughout the Gulf Cooperation Council region. However, the consumers’ preference for standard cosmetics products due to expensive halal certified cosmetics which is estimated to restrain the GCC halal cosmetics market growth.
GCC Halal Cosmetics Market – Overview
Halal is a pure and safe seal, ensuring products of superior quality. Halal is a term from Arabic that means lawful or permissible and it is applicable on food and drinks as well as all aspects of daily life. Usually, consumption of pork, alcohol, and blood is forbidden or deemed Haram under Islamic law due to which it is important for Muslims to learn the product’s origin and ingredients before consumption or applying to bodies. The ingredients in halal cosmetics include plant-derived extracts, vitamins, and antioxidants. The surging demand for natural and plant-based products by consumers is due to awareness of sustainable living practices and environmental issues. As a result, consumers are increasingly turning to halal-certified cosmetics, which is expected to propel the GCC halal cosmetics market forward.
GCC Halal Cosmetics Market – By Product Type
On basis of product type, GCC halal cosmetics market is divided into Personal Care and Color Cosmetics. The personal care segment is further segmented into skin care, hair care, and fragrances. Similarly, the color cosmetics segment is further divided into face cosmetics, eyes cosmetics, lips cosmetics, and nail cosmetics. The skincare segment under personal care held the highest market share in 2021, as consumers prefer skin care products to maintain their skin health and glow. In addition, the increasing awareness and acceptance of halal skincare products among consumers as well as growing preference of skincare and makeup products are the primary growth factors for GCC halal cosmetics market.
Impact of COVID-19 on GCC Halal Cosmetics Market
COVID-19 pandemic had negative impact on GCC halal cosmetics market. Most notably, the market witnessed a significant decline in demand as tourism and travel had been restricted. People were also cautious to travel during the pandemic. The outbreak reduced output as many factories and manufacturing plants had been forced to close. As a result, some halal cosmetics were in short supply. Because of the pandemic, small-scale manufacturers of halal cosmetics in developing countries, such as India and Malaysia, faced price fluctuations and economic uncertainty. Regardless of these obstacles, the GCC halal cosmetics market is recovering and is expected to grow further in the coming years due to growing demand for natural cosmetics and personal care products online supply chain benefits, growing consumer awareness for sustainable living practices and environmental issues by using non-halal cosmetic products.
Competitive Landscape
Major players operating in GCC halal cosmetics market include Amara Halal Cosmetics, Clara International Beauty Group, Iba Cosmetics, Lush, OnePure LLC, PHB Ethical Beauty Ltd, Sampure Minerals, and The Halal Cosmetics Company. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product development.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and GCC Halal Cosmetics Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in GCC Halal Cosmetics Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
GCC Halal Cosmetics Market to Grow at Significant 16.2% CAGR during 2018–2028
Halal cosmetics market in the Gulf Cooperation Council (GCC) region is flourishing because of a strong and wide presence of Muslim population in the region, spurring demand for halal certification compliance, growing health and wellness awareness, expanding e-commerce platforms, and rising participation of females in the region’s workforce.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects GCC Halal Cosmetics Market size to grow at a CAGR of 16.2% during the forecast period between 2022 and 2028. GCC halal cosmetics market expansion is driven by strong and region-wide presence of Muslim population and demand for halal certification compliance. Increasing consumer focus on addressing prevalent health concerns caused by chemical and alcohol-based cosmetics ingredients is driving the overall market's growth. The growing participation of women in the region’s workforce in the GCC region is driving the sale of high-quality and premium halal cosmetics along with high adoption of halal cosmetics by foreign businesses in their product line to cater to the specific requirements and preferences of GCC consumers. Added to these, expansion of e-commerce platforms that provide unique product and service options, such as door-to-door delivery and secure online payments, is expected to propel the market for halal cosmetics throughout the Gulf Cooperation Council region. However, the consumers’ preference for standard cosmetics products due to expensive halal certified cosmetics which is estimated to restrain the GCC halal cosmetics market growth.
GCC Halal Cosmetics Market – Overview
Halal is a pure and safe seal, ensuring products of superior quality. Halal is a term from Arabic that means lawful or permissible and it is applicable on food and drinks as well as all aspects of daily life. Usually, consumption of pork, alcohol, and blood is forbidden or deemed Haram under Islamic law due to which it is important for Muslims to learn the product’s origin and ingredients before consumption or applying to bodies. The ingredients in halal cosmetics include plant-derived extracts, vitamins, and antioxidants. The surging demand for natural and plant-based products by consumers is due to awareness of sustainable living practices and environmental issues. As a result, consumers are increasingly turning to halal-certified cosmetics, which is expected to propel the GCC halal cosmetics market forward.
GCC Halal Cosmetics Market – By Product Type
On basis of product type, GCC halal cosmetics market is divided into Personal Care and Color Cosmetics. The personal care segment is further segmented into skin care, hair care, and fragrances. Similarly, the color cosmetics segment is further divided into face cosmetics, eyes cosmetics, lips cosmetics, and nail cosmetics. The skincare segment under personal care held the highest market share in 2021, as consumers prefer skin care products to maintain their skin health and glow. In addition, the increasing awareness and acceptance of halal skincare products among consumers as well as growing preference of skincare and makeup products are the primary growth factors for GCC halal cosmetics market.
Impact of COVID-19 on GCC Halal Cosmetics Market
COVID-19 pandemic had negative impact on GCC halal cosmetics market. Most notably, the market witnessed a significant decline in demand as tourism and travel had been restricted. People were also cautious to travel during the pandemic. The outbreak reduced output as many factories and manufacturing plants had been forced to close. As a result, some halal cosmetics were in short supply. Because of the pandemic, small-scale manufacturers of halal cosmetics in developing countries, such as India and Malaysia, faced price fluctuations and economic uncertainty. Regardless of these obstacles, the GCC halal cosmetics market is recovering and is expected to grow further in the coming years due to growing demand for natural cosmetics and personal care products online supply chain benefits, growing consumer awareness for sustainable living practices and environmental issues by using non-halal cosmetic products.
Competitive Landscape
Major players operating in GCC halal cosmetics market include Amara Halal Cosmetics, Clara International Beauty Group, Iba Cosmetics, Lush, OnePure LLC, PHB Ethical Beauty Ltd, Sampure Minerals, and The Halal Cosmetics Company. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product development.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and GCC Halal Cosmetics Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in GCC Halal Cosmetics Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
150 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. GCC Halal Cosmetics Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Strong and wide presence of Muslim population in GCC region
- 3.2.1.2. Rising consumer demand for product quality and safety
- 3.2.1.3. Focus on addressing high prevalence of skin disorders due to synthetic or alcohol-based cosmetic ingredients
- 3.2.2. Restraints
- 3.2.2.1. High price factors of halal cosmetics
- 3.2.3. Opportunity
- 3.2.3.1. Growing youth population in GCC region
- 3.2.3.2. Upsurge in halal fragrances
- 3.2.3.3. Increasing popularity of natural and eco-friendly cosmetics
- 3.2.4. Challenges
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. GCC Halal Cosmetics Market Overview
- 4.1. Market Size & Forecast by Value, 2018–2028
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share & Forecast
- 4.2.1. By Product Type
- 4.2.1.1. Personal Care
- 4.2.1.1.1. Skin Care
- 4.2.1.1.2. Hair Care
- 4.2.1.1.3. Fragrances
- 4.2.1.1.4. Others
- 4.2.1.2. Color Cosmetics
- 4.2.1.2.1. Face Cosmetics
- 4.2.1.2.2. Eyes Cosmetics
- 4.2.1.2.3. Lips Cosmetics
- 4.2.1.2.4. Nail Cosmetics
- 4.2.2. By Distribution Channel
- 4.2.2.1. Supermarkets and Hypermarkets
- 4.2.2.2. Specialty Stores
- 4.2.2.3. Online Stores
- 4.2.2.4. Others
- 4.2.3. By Country
- 4.2.3.1. Saudi Arabia
- 4.2.3.2. UAE
- 4.2.3.3. Qatar
- 4.2.3.4. Bahrain
- 4.2.3.5. Kuwait
- 4.2.3.6. Oman
- 5. Saudi Arabia Halal Cosmetics Market Overview
- 5.1. Market Size & Forecast by Value, 2018–2028
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Product Type
- 5.2.2. By Distribution Channel
- 6. UAE Halal Cosmetics Market Overview
- 6.1. Market Size & Forecast by Value, 2018–2028
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By Distribution Channel
- 7. Qatar Halal Cosmetics Market Overview
- 7.1. Market Size & Forecast by Value, 2018–2028
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Distribution Channel
- 8. Bahrain Halal Cosmetics Market Overview
- 8.1. Market Size & Forecast by Value, 2018–2028
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Distribution Channel
- 9. Kuwait Halal Cosmetics Market Overview
- 9.1. Market Size & Forecast by Value, 2018–2028
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Distribution Channel
- 10. Oman Halal Cosmetics Market Overview
- 10.1. Market Size & Forecast by Value, 2018–2028
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By Distribution Channel
- 11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. Market Share Analysis, 2021
- 11.3. Competitive Benchmarking, By Operating Parameters
- 11.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
- 12. Impact of Covid-19 on GCC Halal Cosmetics Market
- 13. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
- 13.1. Amara Halal Cosmetics
- 13.2. Clara International Beauty Group
- 13.3. Iba Cosmetics
- 13.4. Lush
- 13.5. OnePure LLC
- 13.6. PHB Ethical Beauty Ltd
- 13.7. Sampure Minerals
- 13.8. The Halal Cosmetics Company
- 13.9. Other Prominent Players
- 14. Key Strategic Recommendations
- 15. Research Methodology
- 15.1. Qualitative Research
- 15.1.1. Primary & Secondary Research
- 15.2. Quantitative Research
- 15.3. Market Breakdown & Data Triangulation
- 15.3.1. Secondary Research
- 15.3.2. Primary Research
- 15.4. Breakdown of Primary Research Respondents, By Region
- 15.5. Assumption & Limitation
- *Financial information in case of non-listed companies will be provided as per availability
- **The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
- List of Figures
- Figure 1 GCC Halal Cosmetics Market Segmentation
- Figure 2 GCC Halal Cosmetics Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2021
- Figure 4 GCC Halal Cosmetics Market Size, By Value (USD Billion), 2018–2028
- Figure 5 GCC Halal Cosmetics Market Share, By Product Type, By Value, 2018–2028
- Figure 6 GCC Halal Cosmetics Market Share, By Distribution Channel, By Value, 2018–2028
- Figure 7 GCC Halal Cosmetics Market Share, By Country, By Value, 2018–2028
- Figure 8 Saudi Arabia Halal Cosmetics Market Size, By Value (USD Billion), 2018–2028
- Figure 9 Saudi Arabia Halal Cosmetics Market Share, By Product Type, By Value, 2018–2028
- Figure 10 Saudi Arabia Halal Cosmetics Market Share, By Distribution Channel, By Value, 2018–2028
- Figure 11 UAE Halal Cosmetics Market Size, By Value (USD Billion), 2018–2028
- Figure 12 UAE Halal Cosmetics Market Share, By Product Type, By Value, 2018–2028
- Figure 13 UAE Halal Cosmetics Market Share, By Distribution Channel, By Value, 2018–2028
- Figure 14 Qatar Halal Cosmetics Market Size, By Value (USD Billion), 2018–2028
- Figure 15 Qatar Halal Cosmetics Market Share, By Product Type, By Value, 2018–2028
- Figure 16 Qatar Halal Cosmetics Market Share, By Distribution Channel, By Value, 2018–2028
- Figure 17 Bahrain Halal Cosmetics Market Size, By Value (USD Billion), 2018–2028
- Figure 18 Bahrain Halal Cosmetics Market Share, By Product Type, By Value, 2018–2028
- Figure 19 Bahrain Halal Cosmetics Market Share, By Distribution Channel, By Value, 2018–2028
- Figure 20 Kuwait Halal Cosmetics Market Size, By Value (USD Billion), 2018–2028
- Figure 21 Kuwait Halal Cosmetics Market Share, By Product Type, By Value, 2018–2028
- Figure 22 Kuwait Halal Cosmetics Market Share, By Distribution Channel, By Value, 2018–2028
- Figure 23 Oman Halal Cosmetics Market Size, By Value (USD Billion), 2018–2028
- Figure 24 Oman Halal Cosmetics Market Share, By Product Type, By Value, 2018–2028
- Figure 25 Oman Halal Cosmetics Market Share, By Distribution Channel, By Value, 2018–2028
- List of Tables
- Table 1 GCC Halal Cosmetics Market Size, By Product Type, By Value, 2018–2028
- Table 2 GCC Halal Cosmetics Market Size, By Distribution Channel, By Value, 2018–2028
- Table 3 Saudi Arabia Halal Cosmetics Market Size, By Product Type, By Value, 2018–2028
- Table 4 Saudi Arabia Halal Cosmetics Market Size, By Distribution Channel, By Value, 2018–2028
- Table 5 UAE Halal Cosmetics Market Size, By Product Type, By Value, 2018–2028
- Table 6 UAE Halal Cosmetics Market Size, By Distribution Channel, By Value, 2018–2028
- Table 7 Qatar Halal Cosmetics Market Size, By Product Type, By Value, 2018–2028
- Table 8 Qatar Halal Cosmetics Market Size, By Distribution Channel, By Value, 2018–2028
- Table 9 Bahrain Halal Cosmetics Market Size, By Product Type, By Value, 2018–2028
- Table 10 Bahrain Halal Cosmetics Market Size, By Distribution Channel, By Value, 2018–2028
- Table 11 Kuwait Halal Cosmetics Market Size, By Product Type, By Value, 2018–2028
- Table 12 Kuwait Halal Cosmetics Market Size, By Distribution Channel, By Value, 2018–2028
- Table 13 Oman Halal Cosmetics Market Share, By Product Type, By Value, 2018–2028
- Table 14 Oman Halal Cosmetics Market Size, By Distribution Channel, By Value, 2018–2028
- Table 15 Amara Halal Cosmetics Company Overview
- Table 16 Amara Halal Cosmetics Financial Overview
- Table 17 Clara International Beauty Group Company Overview
- Table 18 Clara International Beauty Group Financial Overview
- Table 19 Iba Cosmetics Company Overview
- Table 20 Iba Cosmetics Financial Overview
- Table 21 Lush Company Overview
- Table 22 Lush Financial Overview
- Table 23 OnePure LLC Company Overview
- Table 24 OnePure LLC Financial Overview
- Table 25 PHB Ethical Beauty Ltd Company Overview
- Table 26 PHB Ethical Beauty Ltd Financial Overview
- Table 27 Sampure Minerals Company Overview
- Table 28 Sampure Minerals Financial Overview
- Table 29 The Halal Cosmetics Company Overview
- Table 30 The Halal Cosmetics Financial Overview
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