INDONESIA HALAL COSMETICS MARKET FORECAST 2023-2030
The Indonesia halal cosmetics market is anticipated to propel with a 9.13% CAGR during the assessment period, 2023-2030, generating a revenue of $11055.74 million by 2030.
INDONESIA HALAL COSMETICS MARKET FORECAST 2023-2030
Indonesia Halal Cosmetics Market by User Demographic (Women, Men) Market by Application (Skin Care, Color Cosmetics, Hair Care, Fragrance, Body Care) Market by Sales Channel (Offline Sales Channel, Online Sales Channel)
The Indonesia halal cosmetics market is anticipated to propel with a 9.13% CAGR during the assessment period, 2023-2030, generating a revenue of $11055.74 million by 2030.
The Indonesia halal cosmetics market is projected to grow significantly, driven by rising demand from Muslim consumers and the increasing popularity of ethical and sustainable beauty products.
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Indonesia’s significant Muslim population of approximately 225 million is a key driver of the expansion of halal cosmetics. This growth is fueled by the country’s youthful demographic and its strategic push to develop an Islamic economy by implementing mandatory halal certification requirements in the upcoming years. Indonesian brands are expanding their global reach and product portfolios, with efforts underway to extend the availability of halal cosmetics to men, not just women.
While the growth of halal cosmetics in Indonesia is partly driven by government initiatives and the size of the Muslim population, it is also the result of the entrepreneurial spirit of Indonesian cosmetics companies and their ability to create high-quality products that appeal to Muslim consumers around the world. As the global halal cosmetics market grows, Indonesia is well-positioned to capitalize on this trend and become a major player in the industry.
The Indonesia halal cosmetics market analysis includes segmentation by sales channel, application, and user demographic. Market by application covers hair care, fragrance, color cosmetics, skincare and body care.
The adoption of halal color cosmetics among non-Muslims is expected to drive further demand for these products. As the Muslim population grows, more individuals seek halal brand alternatives due to their eco-friendly and cruelty-free qualities. Traditional cosmetics often contain pig fat in their lipsticks, which is prohibited by Islamic law. Therefore, halal cosmetics are predicted to continue growing due to the strict religious beliefs of Muslim consumers.
The rise in purchasing power among the Muslim population, as well as the desire of young Muslim women to align their interest in fashion and makeup with their Islamic values, are also contributing to the growth of the halal cosmetics market. This presents a lucrative opportunity for multinational companies operating in this industry. The growing youth population has fueled the demand for halal cosmetics in various developing countries. Overall, these factors are expected to drive the growth of the Indon halal cosmetics industry.
Key players operating in the Indonesia halal cosmetics market include Paragon Technology and Innovation, PHB Ethical Beauty, Clara International Beauty Group, etc.
Paragon Technology and Innovation is an Indonesian beauty enterprise specializing in the production of halal cosmetics and skincare for women, along with a halal grooming range for men. The company distributes its products through four distinct brands, which include Wardah, Make Over, Emina, and Kahf. Its primary operations are based in Indonesia, with its headquarters situated in Jakarta, Indonesia.
Wardah brand from Paragon offers skincare products like facial washes, toners, moisturizers, serums, eye creams, face scrubs, face masks, essences, micellar, cleansers, sunscreens, face mists, sleeping masks, etc.
Report Synopsis
|
Report Scope |
Details |
| Market Forecast Years | 2023-2030 |
| Base Year | 2022 |
| Market Historical Years | 2018-2022 |
| Forecast Units | Revenue ($ Million) |
| Segments Analyzed | User Demographic, Application, Sales Channel |
| Country Analyzed | Indonesia |
| Companies Analyzed |
Clara International, IVY Beauty Corporation SDN BHD, Paragon Technology and Innovation, PHB Ethical Beauty, WIPRO UNZA |
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- COUNTRY SNAPSHOT
- COUNTRY ANALYSIS
- SCOPE OF STUDY
- CRISIS SCENARIO ANALYSIS
- COVID-19 IMPACT ON HALAL COSMETICS MARKET
- MAJOR MARKET FINDINGS
- CBD BENEFITS REMAIN UNTAPPED IN THE HALAL COSMETICS INDUSTRY
- MALE SKIN CARE AND GROOMING PRODUCTS WILL BE TRENDING
- MOST HALAL COSMETIC BRANDS TARGET MIDDLE EASTERN OR SOUTHEAST ASIAN MUSLIMS
- MARKET DYNAMICS
- KEY DRIVERS
- TECTONIC SHIFT TOWARD NATURAL & ETHICAL BEAUTY PRODUCTS
- SURGING MUSLIM POPULATION
- GROWING AWARENESS REGARDING HALAL COSMETICS AMONG YOUTH
- KEY RESTRAINTS
- DEARTH OF HALAL-CERTIFIED STANDARDIZED REGULATIONS
- HIGH COSTS
- KEY DRIVERS
- KEY ANALYTICS
- PARENT MARKET ANALYSIS
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- GROWTH PROSPECT MAPPING
- GROWTH PROSPECT MAPPING FOR INDONESIA
- MARKET MATURITY ANALYSIS
- MARKET CONCENTRATION ANALYSIS
- VALUE CHAIN ANALYSIS
- RAW MATERIAL SUPPLIERS
- MANUFACTURERS
- DISTRIBUTORS / RETAILERS / ONLINE SALES
- END-USERS
- KEY BUYING CRITERIA
- COST
- PRODUCT FEATURES
- INGREDIENTS
- MARKET BY USER DEMOGRAPHIC
- WOMEN
- MEN
- MARKET BY APPLICATION
- SKIN CARE
- FACIAL CARE
- EYE CARE
- LIP CARE
- COLOR COSMETICS
- FACIAL COSMETICS
- EYE COSMETICS
- LIP COSMETICS
- NAIL COSMETICS
- HAIR CARE
- FRAGRANCE
- BODY CARE
- SKIN CARE
- MARKET BY SALES CHANNEL
- OFFLINE SALES CHANNEL
- SPECIALTY STORE
- PHARMACY
- SUPERMARKET / HYPERMARKET
- OTHER OFFLINE SALES CHANNELS
- ONLINE SALES CHANNEL
- OFFLINE SALES CHANNEL
- COMPETITIVE LANDSCAPE
- COMPANY PROFILES
- CLARA INTERNATIONAL BEAUTY GROUP
- COMPANY OVERVIEW
- PRODUCT LIST
- IVY BEAUTY CORPORATION SDN BHD
- COMPANY OVERVIEW
- PRODUCT LIST
- PARAGON TECHNOLOGY AND INNOVATION
- COMPANY OVERVIEW
- PRODUCT LIST
- PHB ETHICAL BEAUTY
- COMPANY OVERVIEW
- PRODUCT LIST
- WIPRO UNZA
- COMPANY OVERVIEW
- PRODUCT LIST
- CLARA INTERNATIONAL BEAUTY GROUP
- COMPANY PROFILES
LIST OF TABLES
TABLE 1: INDONESIA MARKET SNAPSHOT – HALAL COSMETICS
TABLE 2: GENERAL CLASSIFICATION OF COSMETIC PRODUCTS
TABLE 3: INDONESIA HALAL COSMETICS MARKET, BY USER DEMOGRAPHIC, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 4: INDONESIA HALAL COSMETICS MARKET, BY USER DEMOGRAPHIC, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 5: INDONESIA HALAL COSMETICS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 6: INDONESIA HALAL COSMETICS MARKET, BY APPLICATION, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 7: INDONESIA HALAL COSMETICS MARKET, BY SKIN CARE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 8: INDONESIA HALAL COSMETICS MARKET, BY SKIN CARE, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 9: INDONESIA HALAL COSMETICS MARKET, BY COLOR COSMETICS, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 10: INDONESIA HALAL COSMETICS MARKET, BY COLOR COSMETICS, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 11: INDONESIA HALAL COSMETICS MARKET, BY SALES CHANNEL, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 12: INDONESIA HALAL COSMETICS MARKET, BY SALES CHANNEL, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 13: INDONESIA HALAL COSMETICS MARKET, BY OFFLINE SALES CHANNEL, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 14: INDONESIA HALAL COSMETICS MARKET, BY OFFLINE SALES CHANNEL, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 15: KEY PLAYERS OPERATING IN INDONESIA HALAL COSMETICS MARKET
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR INDONESIA
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: KEY BUYING CRITERIA
FIGURE 8: INDONESIA HALAL COSMETICS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2022
FIGURE 9: INDONESIA HALAL COSMETICS MARKET, BY WOMEN, 2023-2030 (IN $ MILLION)
FIGURE 10: INDONESIA HALAL COSMETICS MARKET, BY MEN, 2023-2030 (IN $ MILLION)
FIGURE 11: INDONESIA HALAL COSMETICS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022
FIGURE 12: INDONESIA HALAL COSMETICS MARKET, BY SKIN CARE, 2023-2030 (IN $ MILLION)
FIGURE 13: INDONESIA HALAL COSMETICS MARKET, GROWTH POTENTIAL, BY SKIN CARE, IN 2022
FIGURE 14: INDONESIA HALAL COSMETICS MARKET, BY FACIAL CARE, 2023-2030 (IN $ MILLION)
FIGURE 15: INDONESIA HALAL COSMETICS MARKET, BY EYE CARE, 2023-2030 (IN $ MILLION)
FIGURE 16: INDONESIA HALAL COSMETICS MARKET, BY LIP CARE, 2023-2030 (IN $ MILLION)
FIGURE 17: INDONESIA HALAL COSMETICS MARKET, BY COLOR COSMETICS, 2023-2030 (IN $ MILLION)
FIGURE 18: INDONESIA HALAL COSMETICS MARKET, GROWTH POTENTIAL, BY COLOR COSMETICS, IN 2022
FIGURE 19: INDONESIA HALAL COSMETICS MARKET, BY FACIAL COSMETICS, 2023-2030 (IN $ MILLION)
FIGURE 20: INDONESIA HALAL COSMETICS MARKET, BY EYE COSMETICS, 2023-2030 (IN $ MILLION)
FIGURE 21: INDONESIA HALAL COSMETICS MARKET, BY LIP COSMETICS, 2023-2030 (IN $ MILLION)
FIGURE 22: INDONESIA HALAL COSMETICS MARKET, BY NAIL COSMETICS, 2023-2030 (IN $ MILLION)
FIGURE 23: INDONESIA HALAL COSMETICS MARKET, BY HAIR CARE, 2023-2030 (IN $ MILLION)
FIGURE 24: INDONESIA HALAL COSMETICS MARKET, BY FRAGRANCE, 2023-2030 (IN $ MILLION)
FIGURE 25: INDONESIA HALAL COSMETICS MARKET, BY BODY CARE, 2023-2030 (IN $ MILLION)
FIGURE 26: INDONESIA HALAL COSMETICS MARKET, GROWTH POTENTIAL, BY SALES CHANNEL, IN 2022
FIGURE 27: INDONESIA HALAL COSMETICS MARKET, BY OFFLINE SALES CHANNEL, 2023-2030 (IN $ MILLION)
FIGURE 28: INDONESIA HALAL COSMETICS MARKET, GROWTH POTENTIAL, BY OFFLINE SALES CHANNEL, IN 2022
FIGURE 29: INDONESIA HALAL COSMETICS MARKET, BY SPECIALTY STORE, 2023-2030 (IN $ MILLION)
FIGURE 30: INDONESIA HALAL COSMETICS MARKET, BY PHARMACY, 2023-2030 (IN $ MILLION)
FIGURE 31: INDONESIA HALAL COSMETICS MARKET, BY SUPERMARKET/HYPERMARKET, 2023-2030 (IN $ MILLION)
FIGURE 32: INDONESIA HALAL COSMETICS MARKET, BY OTHER OFFLINE SALES CHANNELS, 2023-2030 (IN $ MILLION)
FIGURE 33: INDONESIA HALAL COSMETICS MARKET, BY ONLINE SALES CHANNEL, 2023-2030 (IN $ MILLION)
- MARKET BY USER DEMOGRAPHIC
- WOMEN
- MEN
- MARKET BY APPLICATION
- SKIN CARE
- FACIAL CARE
- EYE CARE
- LIP CARE
- COLOR COSMETICS
- FACIAL COSMETICS
- EYE COSMETICS
- LIP COSMETICS
- NAIL COSMETICS
- HAIR CARE
- FRAGRANCE
- BODY CARE
- SKIN CARE
- MARKET BY SALES CHANNEL
- OFFLINE SALES CHANNEL
- SPECIALTY STORE
- PHARMACY
- SUPERMARKET / HYPERMARKET
- OTHER OFFLINE SALES CHANNELS
- ONLINE SALES CHANNEL
- OFFLINE SALES CHANNEL
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We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.