Saudi Arabia Halal Cosmetics Market Share, Size, Trends, Industry Analysis Report, By Product (Skin Care, Hair Care, Make-up & Color Cosmetics, Others); By Distribution Channel (Online, Offline); Segment Forecast, 2022 - 2030
The Saudi Arabia halal cosmetics market size is expected to reach USD 22.87 billion by 2030 according to a new study by Polaris Market Research. The report “Saudi Arabia Halal Cosmetics Market Share, Size, Trends, Industry Analysis Report, By Product (Skin Care, Hair Care, Make-up & Color Cosmetics, Others); By Distribution Channel (Online, Offline); Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The demand for the industry is rising owing to the increasing inclination of the Muslim population towards its usage along with the high quality and safety associated with the product. The demand for the industry is driven by the growing preference towards strict adherence to the halal code coupled with the rising internet penetration in the country, leading to increased options and easy product availability.
A lot of initiatives have been adopted by several Muslim countries to integrate the Saudi Arabian industry. Malay Chamber of Commerce Malaysia (MCCM) has made necessary efforts to build an advertising center in Dubai. This would facilitate the growth and development of the industry and pave opportunities for manufacturers to advertise their product portfolio in several parts across the globe including Saudi Arabia.
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