Monday, 14 April 2014

Halal Cosmetics and Personal Care Market in the APAC Region 2014-2018

Reportstack Announces the Publication of its Research Report - Halal Cosmetics and Personal Care Market in the APAC Region 2014-2018. The following companies are the key players in Halal Cosmetics and Personal Care Market in the APAC Region: INIKA Cosmetics, Ivy Beauty Corp. Sdn Bhd, Martha Tilaar Group, PT Paragon Technology and Innovation, Colgate-PalmoliveCo., INGLOT Inc., Jetaine Corp. Sdn Bhd, Muslimah Manufacturing Sdn Bhd, Tanamera Tropical Spa, Wipro Unza Holdings Ltd.

“One of the emerging trends in the market is the increase in awareness about the transdermal penetration of cosmetics. For instance, lipstick applied on the lips could be ingested and there are a few chemicals in such cosmetics and also in personal care products which can directly enter the blood stream. If such products contain any animal ingredients that are not permissible, then the penetration or ingestion of such products is a major concern for Muslim end-users. Thus, there is an increase in the demand for cosmetics and personal care products which adhere to Islamic law.”

According to the report, one of the major drivers in the market is the increase in the Muslim population. The growing number of Muslims is leading to an increase in the consumption of halal cosmetic and personal care products as they are the primary consumers of these products. The APAC region is also home to the majority of the global Muslim population.

Further, the report states that one of the major challenges is the certification of products by credible bodies. Generally, export-bound products face problems with respect to certification. As a result, consumers may lose confidence in the halal status of products, which can lead to a decrease in the adoption of these products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/152724/halal-cosmetics-and-personal-care-market-in-the-apac-region-2014-2018.html

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