Press Release

Saudi Arabia Halal Cosmetics Market to Grow with a CAGR of 20.43% through 2028

Saudi Arabia Halal cosmetics market is driven by a combination of factors, including the growing awareness of the Halal lifestyle, government support and regulations, and increasing discretionary spending coupled with brand consciousness among consumers.

 

According to TechSci Research report, “Saudi Arabia Halal Cosmetics Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Saudi Arabia Halal Cosmetics Market stood at USD 5.99 billion in 2022 and is anticipated to grow with a CAGR of 20.43% in the forecast period, 2024-2028. The Saudi Arabia Halal cosmetics market has experienced significant growth and transformation in recent years. With a burgeoning Muslim population that prioritizes Halal-certified products, the cosmetics industry in the kingdom has evolved to cater to the specific needs and preferences of consumers who seek both beauty and adherence to Islamic principles.

The Halal cosmetics market in Saudi Arabia represents a dynamic and rapidly expanding sector within the broader cosmetics industry. Halal, which means "permissible" in Arabic, refers to products that comply with Islamic dietary and ethical standards. While initially associated with food and beverages, Halal certification has extended to cosmetics, including skincare, makeup, and personal care products. This extension is rooted in the desire of Muslim consumers to use products that align with their faith and values, particularly in a region as devout as Saudi Arabia.

Saudi Arabia, as the birthplace of Islam and home to its two holiest cities, Mecca and Medina, places significant importance on adhering to Islamic principles. Many consumers in the kingdom view the use of Halal cosmetics as an expression of their faith, aligning with the Islamic concept of "halal and tayyib" (pure and wholesome).

The awareness of the ingredients used in cosmetics has grown, prompting consumers to seek products that are free from non-Halal ingredients such as alcohol, pork-derived ingredients, and other prohibited substances. This heightened awareness has fueled demand for Halal-certified cosmetics.

Halal cosmetics are often perceived as safer and more natural due to the stringent quality and safety standards required for Halal certification. Consumers are increasingly drawn to these products, especially those with sensitive skin or allergies.

The proliferation of e-commerce platforms has made it easier for consumers to access a wide range of Halal cosmetics products, even in remote areas of Saudi Arabia. Online shopping offers convenience and choice, contributing to market growth.

The Saudi Arabian government has shown support for the Halal industry by introducing regulations and standards to ensure the authenticity and integrity of Halal products. This regulatory framework has provided a conducive environment for market development.

The market is characterized by a multitude of local and international brands, making it highly fragmented. This fragmentation can make it difficult for consumers to navigate and choose from among the various options.

Obtaining Halal certification can be a complex and costly process for manufacturers, particularly for smaller businesses. This can limit the availability of Halal-certified products in the market.

 

Browse over XX market data Figures spread through 83 Pages and an in-depth TOC on "Saudi Arabia Halal Cosmetics Market

 

Many consumers may not fully understand the criteria for Halal certification or may have varying interpretations of what is considered Halal. This lack of uniform understanding can be a hurdle for market growth.

Halal cosmetics often compete with well-established mainstream brands. Convincing consumers to switch to Halal alternatives can be challenging, especially when they are loyal to their existing choices.

Halal certification standards can vary from one country to another, making it difficult for international brands to navigate the complexities of entering the Saudi Arabian market.

Consumers are increasingly seeking Halal cosmetics with natural and organic ingredients, reflecting a broader global trend towards clean beauty products. Additionally, manufacturers are investing in research and development to create innovative Halal cosmetics that cater to specific skin concerns and needs, such as anti-aging, sun protection, and acne treatment. Furthermore, the market for men's Halal cosmetics has been growing, with a focus on grooming and skincare products tailored to the needs of male consumers.

Sustainability and eco-friendly packaging are becoming more prominent in the Halal cosmetics industry, aligning with the broader sustainability movement in the beauty sector. Additionally, online platforms continue to dominate the distribution of Halal cosmetics, with e-commerce companies offering a wide selection of products and convenient shopping experiences.

As consumer awareness of the benefits of Halal cosmetics continues to grow, demand for these products is expected to rise. Additionally, the government's commitment to regulating and supporting the Halal industry is likely to enhance consumer trust and boost market growth. Furthermore, manufacturers are expected to diversify their Halal cosmetics portfolios to meet the specific needs of different consumer segments, including those seeking anti-aging products, organic formulations, and vegan options.

Saudi Arabian brands and manufacturers are increasingly seeking to expand their reach to international markets, capitalizing on the global interest in Halal products. Additionally, sustainable and eco-friendly packaging solutions are likely to become more prevalent in the market, aligning with consumer preferences for environmentally conscious products.

Saudi Arabia Halal Cosmetics market is segmented into type, demography, sales channel, and region.

Based on type, the market is segmented into skin care, bath & shower products, makeup & color cosmetics, hair care, fragrances & deodorants, and others. Among these, skin care has a significant share in the Saudi Arabia halal cosmetics market. Saudi Arabia, being a devout Islamic nation, places a great emphasis on adhering to Halal principles in daily life, including cosmetics. Skincare is considered an essential part of personal grooming and hygiene. Therefore, consumers in Saudi Arabia prioritize Halal-certified skincare products to ensure they are in compliance with their religious and cultural values.

Based on region, the market is segmented into Northern & Central, Western, Southern, Eastern. Among these, Northern & Central has a significant share of the Saudi Arabia halal cosmetics market. These regions are not only urbanized but also economically prosperous. Residents in Northern and Central Saudi Arabia generally have higher disposable incomes compared to other parts of the country. This financial stability enables them to afford premium Halal cosmetics products, which are often priced slightly higher than non-certified alternatives.

 

Major companies operating in Saudi Arabia halal cosmetics market are:

  • Amara Cosmectics, Inc.
  • Clara International
  • IBA Halal Care
  • INIKA
  • lntercosmetic Asia Pacific Sdn. Bhd.
  • Martha Tilaar Group
  • MMA Bio Lab Sdn Bhd.
  • Talent Cosmetic Co., Ltd
  • Muslimah Manufacturing Sdn. Bhd.
  • Nizona Corporation

  

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 “Saudi Arabia Halal cosmetics market is experiencing robust growth driven by factors such as religious and cultural significance, increasing consumer awareness, and government support. Despite challenges related to market fragmentation and consumer education, the market is poised for continued expansion, with opportunities for both local and international players to thrive in this niche segment of the cosmetics industry.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Saudi Arabia Halal Cosmetics Market By Type (Skin Care, Bath & Shower Products, Makeup & Color Cosmetics, Hair Care, Fragrances & Deodorants, and Others), By Demography (Men, Women, and Unisex), By Sales Channel (Supermarkets/Hypermarkets, Multi-Branded Stores, Online and Others), By Region, By Competition Forecast & Opportunities, 2018-2028F, has evaluated the future growth potential of Saudi Arabia halal cosmetics market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers make sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia halal cosmetics market.

 

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Relevant Reports

Saudi Arabia Halal Cosmetics Market By Type (Skin Care, Bath & Shower Products, Makeup & Color Cosmetics, Hair Care, Fragrances & Deodorants, and Others), By Demography (Men, Women, and Unisex), By Sales Channel (Supermarkets/Hypermarkets, Multi-Branded Stores, Online and Others), By Region, By Competition Forecast & Opportunities 2018-2028F

Consumer Goods and Retail | Oct, 2023

Saudi Arabia Halal cosmetics market is driven by a combination of factors, including the growing awareness of the Halal lifestyle, government support and regulations, and increasing discretionary spending coupled with brand consciousness among consumers.

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