The South East Asia Halal Cosmetics Marketis set to experience 10% 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 South East Asia Halal Cosmetics Market.
Market Opportunities
The market is anticipated to grow at a considerable CAGR during 2021-26F on account of behavioural change among the consumer towards using halal cosmetics. The increasing awareness toward the benefit of the halal product and significant customer inclination towards organic cosmetic products are the major factors for the huge revenue growth of halal cosmetics. In addition to this, the adoption of modern lifestyle, strong growth in the e-commerce sector and growing concern among millennial about hazards of transdermal cosmetics are positively impacting the market growth. Moreover, growth in discretionary income of women and rising demand for halal personal care product are the factors leading to growth of the market.
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Competitive Analysis
The study includes information that the researchers obtained after thoroughly profiling numerous well-known businesses active in the South East Asia 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 South East Asia 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 South East Asia 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 Country
-Malaysia
-Indonesia
-Singapore
-Thailand
-Others
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Key Reasons to Get this Report
-This report is a compilation of factors impacting the South East Asia 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 South East Asia 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.
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