Increasing awareness among consumers about halal-certified products boosts the demand for Halal cosmetics and the fragrance sector, in particular, which is expected to generate the largest CAGR during the forecast period.
The Delhi High Court has been challenged on a notification that requires cosmetics packaging to indicate if it contains any ingredient of animal origin; - a green dot for 'vegetarian' and a red/brown one for 'non-vegetarian'.
Natural nail care beauty specialist Safe ‘N’ Beautiful is debuting its new Halal nail polishes at the Beautyworld Middle East international trade fair that is taking place in Dubai from 27-29 May 2014.
A recent report from market research firm TechNavio has highlighted the rise of cosmetics able to make halal claims, noting it expects the category to see growth at a CAGR of 11.08% over the period of 2014 – 2018.
With a worldwide population of just over 2 billion people and a total spend that only represents a fraction of the global cosmetics market, the indications are that halal cosmetics have plenty of room for future growth.