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Sales to grow at a 15% CAGR through 2020.
December 8, 2015
By: TOM BRANNA
Editor
Driven by religious preference for all things halal, sales of cosmetic halal products in Saudi Arabia are expected to grow at a CAGR of over 15% from 2015 to 2020, according a new report by TechSci Research. Halal cosmetics are free from animal blood, pork and pork products as well as from any alcoholic content. According to researchers, growing demand from consumers who seek products made from animal-free ingredients is boosting demand for halal cosmetics among non-Muslim population as ...
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