Mounting Demand for Cruelty-Free Products Among Youngsters Fuels the Middle East Halal Cosmetics Market Growth

 Halal is a term labeling any product that is lawful or permitted to use and does not include ingredients derived from certain animals like pork or alcohol that are considered unclean according to Islamic law.

According to a new study by MarkNtel Advisors, the Middle East Halal Cosmetics Market is anticipated to register over 10% CAGR during the forecast period, i.e., 2021-26. The market growth primarily attributes to the rapidly increasing e-commerce platforms leading to more consumers purchasing cosmetic products conveniently & as per their preference, the high Muslim population in the region, and mounting awareness regarding the harmful ingredients of conventional cosmetic products.

Besides, with the snowballing inclination of the non-Muslims toward halal cosmetics and to cater to the large Muslim population, the leading market players like ATURA Bissé, SHIFFA, LUSH MENA, FARSALI, GREEN BAR, CHOBS, NAIL BERRY, & HALAL are focused on expanding their product portfolio and getting their products certified by the designated government institutions. Hence, these factors will offer lucrative growth opportunities to the market in the coming future.

Get the sample copy of the market research: https://www.marknteladvisors.com/query/request-sample/middle-east-halal-cosmetics-market.html

Last year, the COVID-19 pandemic negatively impacted the Middle East Halal Cosmetic Market. The imposition of lockdown & stringent movement restrictions to curb the virus transmission resulted in reduced mobility of people, shutdown of manufacturing units, and decline in the production capacity of halal cosmetic products.

However, the rising inclination towards natural & clean products created a profitable opportunity for the companies operating in this business to introduce new products, such as hand creams, sanitizers, eye care products, etc.

On the other hand, the Middle East Halal Cosmetic Market, based on the Type, segments into Color Cosmetics and Personal Care. Of both, the Personal Care segment accounted for the largest market share in the previous few years owing to the rising demand for the Muslim population to align personal-hygiene products with religious beliefs.

However, the demand for Color Cosmetics is expected to witness sturdy growth during the forecast period. These are cosmetic products for the face, eyes, nose, and lips. Their demand is significantly increasing as conventional color cosmetics consist of ingredients like alcohol & animal by-products, which are prohibited strictly among the Muslim community according to Islamic law. Additionally, due to the harmful effects of these ingredients in conventional cosmetics, the non-Muslim population is also inclining towards halal color cosmetic products, thereby contributing to the overall market growth.

Strong religious preferences for halal-certified products in the Middle East are attracting cosmetic companies to introduce more products. The soaring spending on cosmetics owing to the increasing working populace and significantly rising social media users is another critical aspect that would boost the Middle East Halal Cosmetic Market in the years to come.