Global – Halal cosmetics is a fast-growing marketplace in the beauty industry and is set to become a dominant sector over the coming decade.
In 2013, the global Muslim spend on cosmetics was £30bn (€42bn, $46bn), £27bn (€37bn, $41bn) above the £3.2bn (€4.5bn, $5bn) value placed on the current halal cosmetics market in a Future Market Insights report.
This demonstrates the huge potential halal cosmetics has for future
‘The halal beauty market is still in a phase of ascendancy,’ says
In our Inclusive Beauty report, LS:N Global predicted that non-white Americans will be make up 53% of the US population by 2050. To learn about the future of Halal Beauty, read our Market report.