Halal cosmetics market set to surpass $113bn globally by 2033

Demand for halal-certified beauty products is expected to drive significant growth in the global cosmetics market over the next decade.

This is according to new research from Persistence Market Research, which forecasts the global halal cosmetics market will grow from $55.5bn in 2026 to $113.8bn by 2033, representing a compound annual growth rate of 10.8%.

The report suggests growth is being driven by rising demand for ethical, vegan and cruelty-free beauty products, alongside increasing consumer interest in ingredient transparency and clean-label formulations.

Skincare is the largest category within the market, supported by growing demand for alcohol-free and halal-compliant formulations. Online retail is also playing an increasingly important role in expanding access to halal beauty products globally.

Asia Pacific currently accounts for the largest share of the market, driven by large Muslim populations in countries such as Indonesia and Malaysia, rising disposable incomes and increasing investment in beauty manufacturing. The Middle East remains another key growth market, particularly for premium skincare, fragrance and personal care products.

The report also highlights opportunities linked to the growing 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 said increasing awareness of ethical beauty products, combined with innovation in formulations and distribution, is expected to support continued growth in the halal cosmetics sector over the coming years.