Halal Cosmetics Market to Grow Gradually by Achieving a Valuation of USD 115.03 billion by 2032; Russia to Occupy Central Position Owing to the Product’s Rising Demand

The global halal cosmetics market size was valued at USD 47.76 billion in 2024. The market is projected to be worth USD 53.12 billion in 2025 and reach USD 115.03 billion by 2032, exhibiting a CAGR of 11.67% during the forecast period.

As per a report by Fortune Business Insights™ titled, “Halal Cosmetics Market Size, Share & Industry Impact Analysis, By Type (Skin Care, Hair Care, Makeup, and Others), By Distribution Channel (Store-Based/Offline and Non-store-based/Online), and Regional Forecast, 2025-2032” 

Iba Cosmetics Partnered with Believe to Foster Market Growth

Iba Cosmetics, an India-based company, in partnership with Believe, a Singaporean FMCG conglomerate specializing in personal care essentials, invested USD 10 million in Iba Cosmetics to expand its retail market space in Saudi Arabia, the UAE, Bangladesh, Bahrain, and other countries, thereby aiding the halal cosmetics market growth.

Increasing Government Support to Increase Acceptance of Halal-Certified Cosmetics

With the rising Muslim population, there is an increase in demand for the product in many parts of the world. Furthermore, non-Muslim consumers prefer to buy halal cosmetics, given their increasing awareness of halal-certified products.

Iba Cosmetics, Ivy Beauty Corporation Sdn Bhd, and Kao Corporation to Secure Projecting Positions in Market

Kao Corporation, Iba Cosmetics, and Ivy Beauty Corporation Sdn Bhd dominated the market share. Major manufacturers subsequently invest in R&D and product innovation to stay competitive. Prominent halal cosmetics players are also focusing on promotional activities to educate consumers regarding the accessibility and benefits of halal-certified cosmetics.

Notable Industry Development:

• October 2021: Mikyajy, a Dubai-based cosmetics brand, launched a halal-certified cosmetics line, including lipsticks. According to the company, the pandemic encouraged cosmetic brands to develop sustainable and hygienic halal-certified products.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/halal-cosmetics-market-106602

List of the Companies Profiled in the Report:

• Ivy Beauty Corporation Sdn Bhd (Malaysia)


• Iba Cosmetics (India)


• Talent Cosmetics (South Korea)


• Clara International Beauty Group (Malaysia)


• Kao Corporation (Japan)


• Amara Halal Cosmetics (U.S.)


• INIKA Organic (Australia)


• Elaheh Halal Cosmetics Inc. (U.S.)


• Flora & Noor (U.S.)


• Martha Tilaar Group (Indonesia)

Further Report Findings:

• The U.S. dominated the North America market. The U.S. is one of the important markets for halal-certified cosmetics.


• Russia emerged as a prominent market in Europe with a major market share. The country is anticipated to retain its central position throughout the forecast period. The Italy market is estimated to emerge as a lucrative market during the projected period.


• South America and the Middle East & Africa markets account for a small fraction of the global sales turnover.

Table of Segmentation: