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.
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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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