ASIA-PACIFIC HALAL COSMETICS MARKET FORECAST 2023-2032

The Asia-Pacific halal cosmetics market growth evaluation includes the analysis of Indonesia, Australia & New Zealand, Bangladesh, India, Malaysia, China, Singapore, Philippines, and Rest of Asia-Pacific. China’s domestic market for halal cosmetics is worth $20 billion, owing to its 26 million Muslim consumers. While only 2% of China’s Muslim population resides in the northwest provinces of Xinjiang, Ningxia, Gansu, and Qinghai, 70% live in these regions. 

Consequently, the demand for halal cosmetics has surged in this area. The growth of e-commerce has further accelerated the expansion of halal cosmetics. With a growing number of new and innovative young brands thriving in a digital environment, China’s beauty retail sector has become increasingly competitive, with consumers demanding, volatile, and promiscuous.

On the other hand, India presents a substantial market for entrepreneurs in the halal industry owing to its extensive Muslim population. However, despite India’s highly competitive FMCG sector, there is a noticeable gap in the halal personal care products market. Over the past few years, India’s care, cosmetics, and cosmeceutical industries have experienced significant growth due to various macroeconomic factors, such as the expansion of the organized retail sector, the increasing proportion of working women and youth, the evolving nature of society, the surging demand for men’s cosmeceuticals, the rise in disposable incomes, and the greater affordability of luxury and lifestyle-oriented products.

The Asia-Pacific halal cosmetics market analysis includes segmentation by sales channel, user demographic, and application. Market by application covers skincare, color cosmetics, hair care, fragrance, and body care.

Initially, the growth of halal skincare was limited to markets in Southeast Asia, South Korea, and Japan. But, with the increased awareness of product ingredients and processes among beauty enthusiasts, there has been a surge in demand for halal cosmetics in North America and Europe, driven mainly by millennials and Gen Z markets. As a result, the skin care segment is expected to dominate the global halal cosmetics market during the forecast period due to the growing demand for high-quality cosmetics and adherence to stringent standards and certifications. 

However, the availability of counterfeit products could hinder the market’s growth in the future. The halal label certifies that skincare products can be used by Muslims, but their benefits are also attracting non-Muslim consumers, contributing to their rising popularity worldwide. Many multinational corporations offer halal skincare products in different markets and use promotional and marketing campaigns to raise awareness and attract consumers, given the eco-ethical practices associated with halal skincare products.

Some of the leading players operating in the Asia-Pacific halal cosmetics market include Inglot Cosmetics, Clara International Beauty Group, PHB Ethical Beauty, etc.

Clara International is a privately owned skincare franchise that provides a wide range of natural, safe, and effective herbal skincare products suitable for temperate and tropical climates. All of Clara International’s skincare products are Halal certified by the Malaysian Halal Registrar, Jabatan Kemajuan Islam Malaysia (JAKIM), and are completely free from alcohol, animal by-products, or derivatives. The product line includes creams, cleansers, massage oils, hair shampoos, and more. The company has a presence across Peninsular and East Malaysia and in various countries like China, India, Myanmar, the Philippines, Pakistan, Brunei, and Dubai. Its headquarters are located in Selangor Darul Ehsan, Malaysia.

One of the company’s products, the HPS Cleansing Fluid, is an herbal cleansing liquid designed for hypersensitive skin. It helps remove free radicals and chlorine from tap water while rehydrating and deeply cleansing the skin.