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Halal Cosmetics Forecast To Be Major Thing In Beauty Market In 2016, Analysts Say

December 28, 2015: 12:00 AM EST
Demand for “halal” cosmetics is expected to drive growth in the beauty market in 2016, according to market analysts. Halal refers to what is permitted or lawful in Islam; hence, “halal cosmetics” refers to beauty products that do not have pork or alcohol ingredients. Beauty brands are taking notice of the Muslim market, estimated to be worth $2 billion worldwide in 2013 and is forecast to grow to $3.7 billion by 2019. Muslim consumers spent $46 billion on cosmetics in 2013, according to market research firm Thomson Reuters.
Theresa Avila, "Halal Makeup Is the Beauty "Trend" to Pay Attention to Next Year", Style.Mic, December 28, 2015, © Mic Network Inc
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