Asia Pacific Halal Cosmetic Market to Witness Robust Growth Due to the Increasing Awareness Regarding the Use of Halal-Certified Products

 

Asia Pacific Halal Cosmetic Market

Halal cosmetic simply refers to makeup or skincare products that do not contain any ‘Haram’ ingredients such as animal fats and by-products or alcohol. These products can be classified into color cosmetics, fragrances, hair care, and skin care products. In simple words, these products are free from ingredients that are forbidden by the Islamic religion. Moreover, in Malaysia, Halal cosmetics are certified by the Islamic religious department. Thus, there is an increasing demand for Halal cosmetics among the both Muslim and non-Muslim populations or in Asian countries, such as Turkey, Saudi Arabia, Malaysia, Indonesia, and UAE.

Moreover, the Asia Pacific halal cosmetic market is witnessing robust growth due to growing demand for Halal cosmetic products in the region. In APAC, there is an increasing demand for color cosmetic products, such as lip care, eye care, face care, nail care, etc. from the consumes. Furthermore, the growth of the Asia Pacific halal cosmetic market, in Southeast Asia region, is mainly driven by the growing Muslim population. For instance, in Southeast Asia region, Indonesia has the largest share of Muslims and also has the world's largest Muslim population, with an estimated 229.6 million Muslims.

Furthermore, growing awareness among people about the use of halal-certified products is also likely to be one of the major factor driving the Asia Pacific halal cosmetic market. As a result, manufacturers have started introducing Sharia-compliant products. For instance, in February 2020, Dubai-based Shade M Beauty launched a range of 15 matte liquid lipstick (that are clean, halal-certified, PETA approved vegan, and cruelty-free) to cater to diverse group of consumers within the niche but growing halal market. Moreover, as a continuing trend, manufacturers are investing in the segment to expand their existing product portfolio and regional footprint.

India is considered as a hub of exports for halal cosmetic products worldwide, from Malaysia, Saudi Arabia, Bangladesh, and the UAE, which, in turn, is also expected to augment the Asia Pacific Halal cosmetic market growth. India has a high Muslim population, rapid urbanization and growing standards of living have boosted the cosmetics market in India. India is home to 10.9% of the world's Muslim population. Muslims represent a majority of the local population in Jammu and Kashmir (68.3%) and Lakshadweep (96.2%). However, trust issues associated with such products due to lack of standards, as well as certification bodies that regulate the use of these products are expected to hamper the Asia Pacific halal cosmetic market growth.

Comments

Post a Comment

Popular posts from this blog

Bourbon Whiskey Is the Most Popular Whiskey in America and In Many Other Countries around the World

Image
  Whiskey or single malt whiskey is simply a form of distilled beverage made by distilling alcohol from grain mash or even by blending both. Different grains are utilized for different types, such as corn, barley, rye, and wheat. In Scotland, they call their whiskey black tea, a lighter caramel scotch, Irish cream, and liqueur. Whichever form is utilized, the result is usually a flavorful and smooth drink that has a distinct taste, and many people prefer a whiskey with a lower alcohol content. For example, single malt whiskey is the least expensive. The highest price however is the least distilled; that is Bourbon whiskey. Bourbon whiskey is the most popular whiskey in America and in many other countries around the world. Its price range is very wide, starting from as low as about US$ 12 a bottle to over a hundred dollars. So the price definitely varies. Whichever class you belong to, there is always a whiskey that will suit your preference. Single malt scotch whiskey is made ...
Read more

Viral Vectors And Plasmid DNA Manufacturing Market Is Gaining Major Traction With Oxford Biomedica Plc Entering Into A 3-Year Agreement With Boehringer Ingelheim For The Manufacture And Supply Of Various Types Of Viral Vectors

Image
  Viral Vectors are proteins that have been discovered to be essential for the spread of various viruses and infectious agents. These proteins can cause serious health risks if they are improperly introduced or if a wrong agent is used to fight them off. Viral vectors have often been used in various gene therapy procedures with the ultimate objective of curing various ailments in the biological fields of neurology, gene therapy, cancer, and metabolic disorder. Clinical studies regarding viral vectors remain one of the key factors in the manufacturing of viral vectors. Plasmids are used to deliver DNA contain genes for antibiotic resistance. In fact, scientists have developed many uses of plasmids and created software to record the DNA sequences of plasmids for applications in various techniques. Thus, such continuous R&D activities can potentially stimulate growth of the viral vectors and plasmid DNA manufacturing market . Recently, in April 2021, Oxford Biomedica plc entered...
Read more

Hard Surface Flooring Market Is Expected To Witness Robust Growth As Mohawk Industries Introduces Newly Imagined 30,000-Square Foot Floor Space At The International Surface Event (TISE)

Image
  There are many reasons why people choose hard surface floors over other types of flooring. Hard surfaces offer a level of durability and are very aesthetically pleasing. Unfortunately, choosing this type of flooring can be confusing and costly. There are four main hard surface varieties namely vinyl plank, laminate, solid hardwood, and engineered wood. Each has their own style strengths and provide different advantages. Increasing population coupled with rapid urbanization is expected to drive growth of the global hard surface flooring market . According to the United Nations (UN), by 2050, around 68% of the global population is expected to live in urban areas, increasing from 55% in 2018. According to the same source, in 2018, around 4.2 billion people were living in urban areas, increasing from 751 million in 1950. Furthermore, according to the World Bank, in 2019, the global population reached 7.674 billion, increasing from 6.84 billion in 2009. As a result of this, building...
Read more