London, 16 January 2015 – TechNavio, a tech-focused research firm, has published a new report on the Global Halal Cosmetics Market, which is expected to grow at a CAGR of 13.67 percent from 2014-2019.
The Global Halal Cosmetics Market is witnessing a higher demand for safe, good quality cosmetics, which is expected to drive the market in the next four years. Since halal certification is a mark of purity, the demand for these cosmetics is expected to grow rapidly with increased awareness about the products.
“Many halal brands are gaining international recognition as safe and hygienic cosmetics, which is boosting the demand for halal cosmetics,” says Faisal Ghaus, Vice President of TechNavio.
The latest report by TechNavio emphasizes the growing demand from non-Muslim countries for halal cosmetics, which will open huge growth opportunities for market vendors. Currently, these products are widely accepted by different communities, as these are considered to be safe, high quality and prepared using hygienic procedures.
“Many global personal care companies entering this market are manufacturing and distributing halal beauty products worldwide, as they are considered similar to vegan and organic products,” says Ghaus.
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
- Global Halal Cosmetics and Personal Care Market 2014-2018
- Halal Cosmetics and Personal Care Market in the APAC Region 2014-2018
https://www.technavio.com/%3Cp%3E%3Cstrong%3EAbout%20TechNavio%3C/strong%…
