Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

Indonesia halal hair care market to reach USD 1.27 billion by 2025

The Indonesia halal haircare market is estimated to reach USD 1.27 billion by 2025 according to a recent report by Grand View Research. “increasing preference among the Islamic population regarding ethical consumption of beauty products has contributed largely to industry growth in recent years,” explains the market research firm.

Additionally, rising demand for organic and vegan-friendly products by the consumers has also driven more positive outlook for halal products in the region and across the globe.

Indonesia also proposed a law stating that all products must be halal certified by 2019. This has created huge potential for these personal care products, encouraging numerous multinational cosmetic brands to launch certified products. Expanding middle-class population and their willingness to pay premium prices for quality products has also had a positive influence on industry growth as well.

The demographic structure of the country, comprising of over 60% youth, has proved beneficial for importers and manufacturers of hair care products. Young people are attracted to innovative products. Labels such as organic, animal cruelty-free, and vegan are not only influencing the Islamic, but also the overall population in the country.

Shampoos were the dominant product category in 2015, with over 33% of the revenue share in 2015 and expected to grow at a rapid pace over the forecast period. Conditioners are expected to experience highest growth with a CAGR [1] of 12.2% over the forecast period.

Footnotes

[1] Compound Annual Growth Rate

© 2017 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
spip-vignette

A new trade show dedicated to clean beauty in London

Dubbed Clean Beauty in London the new trade show intends to gather experts, scientists, suppliers, brands, influencers and journalists under one roof “to build the future of clean beauty.” Taking place on October 12 & 13, 2020 at The Brewery, located at 52 Chiswell Street at the heart of London, the event aims to encourage (...)

read more
job opportunities
Experts’ views
India emerges as the next beauty giant

Asia Cosme Lab
India emerges as the next beauty giant

Thanks to a growing young population (first youth population in the world) and the emergence of a vast middle class, as well as a higher Internet connection from both urban and rural areas, India is set to emerge as the next beauty giant after China. Asia Cosme Lab took a deep dive in the fascinating Indian market, where both (...)

read more

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close