Markntel Advisors’ report, Middle East Halal Cosmetics Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2026, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Middle East Halal Cosmetics presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Middle East Halal Cosmetics Market Research Report & Market Summary:
The Middle East Halal Cosmetics Market is anticipated to grow at a CAGR of more than 10% during the forecast period, i.e., 2021-26. The exponentially expanding e-commerce platforms, significantly increasing Muslim population, and mounting inclination of consumers toward natural & effective cosmetic products owing to the growing awareness regarding the harmful ingredients used in conventional cosmetics are the principal factors expected to drive the market during 2021-26. Besides, the mounting inclination of consumers, especially youngsters, toward grooming & cruelty-free products like vegan would also drive the market.
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Middle East Halal Cosmetics Market Dynamics:
Key Driver-
Increasing Awareness Regarding Skin Related Issues – The rising awareness regarding the harmful effects of synthetic chemicals used in conventional cosmetic products has resulted in the surging inclination toward organic, vegan, and eco-friendly cosmetics. Therefore, with this, the demand for halal cosmetics is rising. Additionally, the prolific working-class population in Middle Eastern countries is also one of the potential buyers of halal cosmetic products, thereby providing a lucrative growth opportunity for the Middle East Halal Cosmetics Market.
Middle East Halal Cosmetics Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Type
- Color Cosmetics
- Face
- Eyes
- Lips
- Nails
- Personal Care
- Hair Care
- Skin Care
- Fragrances
Of them all, the demand for Color Cosmetics is projected to witness sturdy growth during 2021-26. Color cosmetic products have different segments to cater to, viz., the face, eyes, nose, & lips. The majority of the conventional color cosmetics include animal fat & alcohol as their prime ingredients. Hence, the inclination toward halal color cosmetics is rapidly increasing across the region.
By Distribution Channel
- Online
- Supermarket/Hypermarket
- Others (Pharmacy, etc)
Of all distribution channels, halal cosmetics in the Middle East registered maximum sales through Supermarkets/Hypermarkets during 2016-19.
By Gender
- Male
- Female
By Country
- Saudi Arabia
- Oman
- Bahrain
- Kuwait
- UAE
- Qatar
- Turkey
- Egypt
- Others.
Here, Saudi Arabia acquired the majority chunk of the Middle East Halal Cosmetics Market and is projected to witness substantial growth in the coming five years. Due to a shift in socio-cultural norms, wearing make-up is becoming more acceptable in Saudi Arabia.
As indicated in the latest market research report published by Markntel Advisors, “Middle East Halal Cosmetics Research Report: Forecast (2021-2026)”, this report offers a detailed analysis of the industry, featuring insights into the Middle East Halal Cosmetics industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/middle-east-halal-cosmetics-market.html
Top Companies Operating in the Middle East Halal Cosmetics Market:
- ATURA Bissé
- SHIFFA
- LUSH MENA
- FARSALI
- GREEN BAR
- CHOBS
- NAIL BERRY
- HALAL
- Others.
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Middle East Halal Cosmetics Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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