Halal cosmetics market set to surpass $113bn globally by 2033
The demand for halal-certified beauty products is expected to drive major growth in the global cosmetics market over the next decade, according to new research from Persistence Market Research.
The research predicts that the global halal cosmetics market will grow from $55.5bn in 2026 to $113.8bn by 2033, representing an annual growth rate of 10.8%.
It suggests that growth is being driven by demand for ethical, vegan and cruelty-free beauty products as well as consumer interest in ingredient transparency and clean-label formulations.
One of the biggest categories in this area is skincare, which is supported by growing demand for alcohol-free and halal-compliant formulations, while online retail has been helping expand access globally.
Interestingly, Asia Pacific accounts for the largest share of the market due to its large Muslim populations in countries such as Indonesia and Malaysia. It is also reflective of those nations’ rising disposable incomes and investment in beauty manufacturing. The Middle East is another key growth market for premium skincare, fragrance and personal care products.
The report highlights opportunities linked to the popularity of clean beauty, vegan products and sustainable packaging, as well as the continued expansion of e-commerce and social media-led beauty discovery.
But challenges remain, including differing halal certification standards across markets, higher production costs and competition from conventional beauty brands offering natural and organic alternatives.
Persistence Market Research says increasing awareness of ethical beauty products, combined with innovation in formulations and distribution, will support continued growth in the halal cosmetics sector over the coming years.