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  • Writer's pictureMarkntel Advisors

India Halal Cosmetics Market & its Swift Traction Across Region During 2021-2026

The India Halal Cosmetics Marketis set to experience 30.25% CAGR during 2021-26, cites a recent report by MarkNtel Advisors. The study comprises a comprehensive analysis of the industry's latest trends, developments, drivers, restraints, challenges, & opportunities, along with its projected growth trajectory across different segments & geographies in the future.


These parameters incorporate growth drivers, challenges, restraints, opportunities, ongoing trends, and recent developments, among others, with the sole aim to offer an unbiased, accurate, & reliable source of information to the stakeholders, catering them to make informed decisions in the dynamic India Halal Cosmetics Market.


Market Driver


Rising Discretionary Spending Due to Increasing Disposable Income


India is one of the emerging economies with fast-growing GDP rates between 2010 and 2020. According to the World Bank’s data, the nominal GDP in India grew at a rate of 6.45% between 2010 and 2020. The increasing GDP and the thriving working-class population in India present a large pool of potential buyers for halal cosmetic products. The disposable income has also increased in India between 2016 and 2019. The income level and the purchasing power of an average person among the Indian population are on the verge of increase, thereby presenting a lucrative opportunity for the growth of the Halal Cosmetics Market in the country.



Competitive Analysis

The study includes information that the researchers obtained after thoroughly profiling numerous well-known businesses active in the India Halal Cosmetics Market. In addition to other responsibilities and participation of the companies surviving in the market, this section discusses tactics, recent advancements, expansion plans, product/service portfolio, mergers & acquisitions, and opportunities exploited to obtain profit margins. The stakeholders can make use of this data and plan their investments carefully in order to generate more earnings in the future. The paper profiles a number of notable figures, including:


-MMA Bio Lab Sdn Bhd

-Clara International

-Inika Cosmetics

-Wardah Cosmetics

-Martha Tilaar Group

-Ivy Beauty Corporation Sdn Bhd

-Wipro Unza

-Zahara

-SO.LEK Cosmetics


Segmentation & Regional Analysis

The India Halal Cosmetics Market is highly fragmented and splits into a variety of segments in various geographies. This report compiles a thorough analysis of the market across all geographical divisions and bifurcations, taking into account topics like opportunities and challenges faced by the players, supply and demand, revenue generation, size, sales, profits, volume, and price fluctuations, among other things. It also demonstrates how outside factors have impacted the development of the sector as a whole over time. The India Halal Cosmetics Market, which is highly fragmented, can be divided into the following segments:


Further bifurcates in to, By Type

-Color Cosmetics

-Face

-Eyes

-Lips

-Nails


Personal Care

-Hair Care

-Skin Care

-Fragrances


Further bifurcates in to, By Distribution Channel

-Online

-Supermarket/ Hypermarket

-Specialty Stores

-Convenience Store

-Others (Pharmacy, etc.)


Further bifurcates in to, By Gender

-Male

-Female


Further bifurcates in to, By Region

-North


Uttar Pradesh

-Haryana

-Bihar

-Others


East

-West Bengal

-Assam

-Odisha

-Others


West

-Gujarat

-Maharashtra

-Rajasthan

-Others

-South

-Tamil Nadu

-Kerala

-Karnataka

-Telangana

-Others



Key Reasons to Get this Report

-This report is a compilation of factors impacting the India Halal Cosmetics Market dynamics by highlighting its main drivers, growth restraints, opportunities, challenges, and emerging and high-potential segments & geographies, among others.

-Stakeholders or investors can gather detail-driven, accurate, and reliable information associated with the latest trends in the industry before they make investments.

-Moreover, the study also presents a comprehensive review of the leading companies operating in the India Halal Cosmetics Market, comprising their profiles, recent developments, prominent business strategies, initiatives, and mergers & acquisitions, among other parameters.

-Estimation of funds put in by private firms & governments for the industry's expansion, along with insights into market expansion across each segment & geographic location, is also covered in this report.


For exhaustive, reliable, and accurate insights on different industry market reports and customization on research reports, reach out to MarkNtel Advisors and avail offers.


Email at – sales@marknteladvisors.com

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