Halal is an Arabic term which means lawful or permissible. Halal cosmetic products are beauty products that may not contain any alcohol ingredients, pork or animal blood.

Market Segmentation

Female Segment Acquired the Highest Market Share

Based on Gender, Female acquired the highest market share in the Southeast Asia Halal Cosmetics market in 2019. The rising awareness of skin disease towards the use of chemical products, launch of various Halal cosmetics by the market players to cater largest customer base, and increasing demand for cruelty-free cosmetic product are the factors propelling the demand for halal cosmetic product. Coupled with this, the rise in working women populace, burgeoning adoption of smartphones and snowballing demand for halal cosmetic via online distribution channel are projected to accelerate the growth of Southeast Asia Halal Cosmetics market in the coming years as revealed by MarkNtel Advisors’ research report “Southeast Asia Halal Cosmetics Market Analysis, 2021”.

Market Opportunities

According to MarkNtel Advisors’ research report “Southeast Asia Halal Cosmetics Market Analysis, 2021”, the market is anticipated to grow at a considerable CAGR during 2021-26F on account of behavioural change among the consumer towards using halal cosmetics. The increasing awareness toward the benefit of the halal product and significant customer inclination towards organic cosmetic products are the major factors for the huge revenue growth of halal cosmetics. In addition to this, the adoption of modern lifestyle, strong growth in the e-commerce sector and growing concern among millennial about hazards of transdermal cosmetics are positively impacting the market growth. Moreover, growth in discretionary income of women and rising demand for halal personal care product are the factors leading to growth of the market.

Impact of COVID-19

The Outbreak of the covid-19 pandemic has impacted the demand for halal cosmetics on account of the paradigm shift of the customer from less essential products to essential products. However, exponential growth in online retailing was witnessed in the region in order to offset the disruption in the market. Besides this, the new product innovation under halal cosmetics was also introduced during the pandemic such as sanitisers, hand creams, eye care etc. Hence, the market is expected to observe a significant growth rate in the forthcoming timeline.

Competitive Landscape

According to MarkNtel Advisors’, the key players with a considerable market share in the Southeast Asia Halal Cosmetics market include MMA Bio Lab Sdn Bhd, Clara International, Inika Cosmetics, Wardah Cosmetics, Martha Tilaar Group, Ivy Beauty Corporation Sdn Bhd, Wipro Unza, Zahara, SO.LEK Cosmetics etc.

Key Questions Answered in the Market Research Report

1. What are the key overall market statistics or market estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of Southeast Asia Halal Cosmetics Market?
2. What is the country-wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, opportunities, current and future trends and regulations in the Southeast Asia Halal Cosmetics Market?
4. Who are the key competitors, what are their key strength and weakness and how they perform in Southeast Asia Halal Cosmetics Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Southeast Asia Halal Cosmetics Market study?

Market Outlook, Segmentation and Statistics
1) Impact of covid-19 on Southeast Asia Halal Cosmetics Market
a) Market Size & Analysis
i) By Revenues (USD Million)
b) Market Share & Analysis
i) Type
(1) Color Cosmetics
(a) Face
(b) Eyes
(c) Lips
(d) Nails
(2) Personal Care
(a) Hair Care
(b) Skin Care
(c) Fragrances
ii) By Distribution Channel
(1) Online
(2) Supermarket/ Hypermarket
(3) Speciality Stores
(4) Convenience Store
(5) Others (Pharmacy, etc.)
iii) By Gender
(1) Male
(2) Female
iv) By Country
(1) Indonesia Halal Cosmetics Market Outlook, 2016-2026F (USD Million)
(2) Thailand Halal Cosmetics Market Outlook, 2016-2026F (USD Million)
(3) Malaysia Halal Cosmetics Market Outlook, 2016-2026F (USD Million)
(4) Singapore Halal Cosmetics Market Outlook, 2016-2026F (USD Million)
v) By Company
(1) Revenue Shares
(2) Strategic Factorial Indexing
(3) Competitor Placement in MarkNtel Quadrant
vi) Southeast Asia Halal Cosmetics Market Customer Analysis, 2021-26F
(1) Factors Affecting Buying Decision
(2) Consumer Trend and Preferences
vii) Southeast Asia Halal Cosmetics Market Regulations and Policy Standard
viii) Southeast Asia Halal Cosmetics Market Hotspots & Opportunities
ix) Southeast Asia Halal Cosmetic Market Value Chain Analysis
x) Southeast Asia Halal Cosmetics Price Analysis
xi) Southeast Asia Halal Cosmetics Market Best Selling Products
2) Competition Outlook
a) Competitor Wise Growth Strategies
b) Company Profiles

Frequently Asked Questions

Q. What is the historical year, base year and forecast year considered in the research report on Southeast Asia Halal Cosmetics Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.

Q. What are the units or denomination for measuring market value in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.

Q. What would be the growth rate or CAGR of Southeast Asia Halal Cosmetics Market during 2021-26?
A. The growth rate of the Southeast Asia Halal Cosmetics Market during 2021-26 is expected to grow at a considerable CAGR.

Q. Who are the key competitors or players operating in Southeast Asia Halal Cosmetics Market?
A. MMA Bio Lab Sdn Bhd, Clara International, Inika Cosmetics, Wardah Cosmetics, Martha Tilaar Group, Ivy Beauty Corporation Sdn Bhd, Wipro Unza, Zahara, SO.LEK Cosmetics, etc., are a few of the leading players in the Southeast Asia Halal Cosmetics Market.

Q. Which gender would emerge as an opportunity area for players in Southeast Asia Halal Cosmetics Market?
A. Female segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.

Q. Which country would emerge as an opportunity area for players in Southeast Asia Halal Cosmetics Market?
A. Singapore grabbed a significant market share continue to grow at the highest CAGR, presenting immense opportunities for market players of Southeast Asia Halal Cosmetics Market.