Technavio has been monitoring the halal cosmetics and personal care market and it is poised to grow by USD 28.34 bn during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Halal Cosmetics and Personal Care Market 2020-2024 (Graphic: Business Wire).
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amara Halal Cosmetics, Clara International Beauty Group, Ivy Beauty Corp., PROLAB COSMETICS, PT Martina Berto TBK, PT Paragon Technology and Innovation, Saaf Skincare, Talent Cosmetics Co. Ltd., Total Beauty Network Pty Ltd., and Wipro Enterprises Pvt. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Growing interest in personal grooming has been instrumental in driving the growth of the market.
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Halal Cosmetics and Personal Care Market 2020-2024: Segmentation
Halal Cosmetics and Personal Care Market is segmented as below:
Halal Color Cosmetics
Other Halal BPC Products
Offline Distribution Channel
Online Distribution Channel
Halal Cosmetics and Personal Care Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The halal cosmetics and personal care market report covers the following areas:
Halal Cosmetics and Personal Care Market Size
Halal Cosmetics and Personal Care Market Trends
Halal Cosmetics and Personal Care Market Industry Analysis
This study identifies emerging demand for halal personal care and grooming products among men as one of the prime reasons driving the halal cosmetics and personal care market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Halal Cosmetics and Personal Care Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist halal cosmetics and personal care market growth during the next five years
Estimation of the halal cosmetics and personal care market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the halal cosmetics and personal care market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of halal cosmetics and personal care market, vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Drivers, Challenges, and Trends
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher priced units
Market positioning of vendors
Amara Halal Cosmetics
Clara International Beauty Group
Ivy Beauty Corp.
PT Martina Berto TBK
PT Paragon Technology and Innovation
Talent Cosmetics Co. Ltd.
Total Beauty Network Pty Ltd.
Wipro Enterprises, Pvt. Ltd.
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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