🌿𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐚𝐧𝐝 𝐑𝐞𝐥𝐢𝐠𝐢𝐨𝐮𝐬 𝐏𝐫𝐞𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬 𝐏𝐫𝐨𝐩𝐞𝐥 𝐆𝐫𝐨𝐰𝐭𝐡: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐇𝐚𝐥𝐚𝐥 𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐡𝐫𝐢𝐯𝐞𝐬 🌍
The Global #Halal_Cosmetics_Market is projected to grow at a #cagr of around 𝟏𝟏.𝟎% during the forecast period, i.e., 𝟐𝟎𝟐𝟑-𝟐𝟖. The market growth is predominantly driven by the growing Muslim population worldwide, raising the demand for quality, safe, hygienic, halal products, especially among those consumers who adhere to religious loyalties. Besides, the popularity of natural and environmentally-friendly products also adds to the market expansion. Additionally, the halal market's development and increasing market players' penetration in the global cosmetics industry are extending the market growth.📈
𝐓𝐚𝐩 𝐢𝐧𝐭𝐨 𝐕𝐢𝐭𝐚𝐥 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 𝐅𝐫𝐞𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 (𝟐𝟎𝟐𝟒-𝟑𝟎) – https://lnkd.in/dQ-dmHRt
🟩𝐆𝐥𝐨𝐛𝐚𝐥 𝐇𝐚𝐥𝐚𝐥 𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐨𝐬𝐬𝐢𝐛𝐥𝐞 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭:
𝐇𝐢𝐠𝐡𝐞𝐫 𝐂𝐨𝐬𝐭 𝐨𝐟 𝐇𝐚𝐥𝐚𝐥 𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜𝐬 𝐭𝐡𝐚𝐧 𝐂𝐨𝐧𝐯𝐞𝐧𝐭𝐢𝐨𝐧𝐚𝐥 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 - Because of added restrictions of not being able to add chemicals or animal-derived ingredients etc., the price of Halal products becomes much higher than conventional cosmetics, which could restrain the industry during the forecasting period. Although quality and safety lure the attention of consumers, the price could deflect away potential customers who cannot afford halal products, restraining industrial ascension. High availability of conventional cosmetics as a cheaper option against the market could impede industrial growth.💄
🟩𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Amara Cosmetics, Brataco Group Of Companies, Clara International Beauty Group, Halal Cosmetics Company, Iba Halal Care, Inika, Mena Cosmetics, Phb Ethical Beauty, Sampure Minerals, Wardah Cosmetics✨
#halalcosmetics #muslimpopulation #halalproducts #naturalproducts #fmcg #marknteladvisors #marketresearchreport #marketforecast #marketanalysis #getfreesample #consulting #consultingservice
Jefa de Área de Productos Cosméticos de la AEMPS
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