India Halal Cosmetics Market Projected to Grow at a CAGR of 30.25% by 2028
This comprehensive India Halal Cosmetics Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.
“According to recent market analysis report, the India Halal Cosmetics Market Size is expected to grow at a CAGR of 30.25% during the forecast period of 2023 to 2028.”
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Driving Force Behind the Growth of the India Halal Cosmetics Market through 2028
Improving Living Standards due to Rise in Disposable Income - India is one of the emerging economies with fast-growing GDP rates, a thriving working population, and improving disposable incomes, which all are resulting in ever-increasing consumer spending on living healthier lifestyles. Consequently, it has created a large pool of potential buyers for halal cosmetic products in the country, which clearly indicate the presence of lucrative prospects for the leading companies operating in the India Halal Cosmetics Market over the coming years.
Market Segment Highlights:
By Type
Color Cosmetics
Face
Eyes
Lips
Nails
Personal Care
Hair Care
Skin Care
Fragrances
Of both, personal care products, particularly skin care, hold a larger share of the India Halal Cosmetics Market. It ascribes mainly to the rapidly rising working women population and the mounting penetration of male grooming products in the country. Most cosmetic products contain harmful chemicals & additives that cause skin irritation and might have a prolonged negative effect on health.
By Distribution Channel
Online
Supermarket/ Hypermarket
Specialty Stores
Convenience Store
Others (Pharmacy, etc.)
By Gender
Male
Female
By Region
North
Uttar Pradesh
Haryana
Bihar
Others
East
West Bengal
Assam
Odisha
Others
West
Gujarat
Maharashtra
Rajasthan
Others
South
Tamil Nadu
Kerala
Karnataka
Telangana
Others
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India Halal Cosmetics Market Competition Analysis:
Some of the top India Halal Cosmetics companies operating in the market are 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.
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