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Research and Markets predicts CAGR of 12.95% for this sector.
April 23, 2024
By: Lianna Albrizio
Associate Editor
The global halal cosmetics market—valued at $40.17 billion in 2023—is expected to grow at a CAGR of 12.95% from 2024 to 2032 with an anticipated valuation of $94.20 billion by 2030, per a recent report from Research and Markets. Muslim and non-Muslim clients globally seek halal cosmetics that adhere to Islamic law. According to analysts, Muslim purchasers prioritize these products due to ingredient popularity and desire items that align with religious ideals. Non-Muslims additionally f...
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