Skincare products have seen a significant surge worldwide, with women traditionally being the main consumers. However, men are now embracing these products for aesthetic purposes, blurring gender boundaries. Among the diverse range of skincare products, halal skincare stands out. It strictly adheres to Islamic law, ensuring no animal-derived ingredients are used. This category caters to those seeking products that are free from animal components.
The demand for halal skincare products is increasing in Southeast Asia as consumers become more aware of the authenticity and integrity of cosmetics. These products are free from substances like pig fat, lanolin, keratin, gelatin, alcohol, sulfates, and parabens. Consumers are also concerned about the transdermal nature of cosmetics and the ingredients their bodies absorb. This growing awareness, along with a rising demand for healthier products, is driving the market for halal skincare products in countries such as Malaysia, the Philippines, Singapore, Thailand, and Vietnam in Southeast Asia.
During the forecast period from 2022 to 2030, the Halal Skincare Market is projected to achieve a revenue exceeding US$ 1,214.0 million by the end of 2030, demonstrating a compound annual growth rate (CAGR) of 10.8%.
Major Players in the South East Asia Halal Skincare Industry:
1. INIKA organic
INIKA Organic was established in 2006 and is headquartered in New South Wales, Australia. It operates in over 35 countries and is engaged in producing cosmetics products with organic, vegan, natural, and chemical-free ingredients, sustaining their products as animal cruelty-free. In April 2022, Inika Organic launched its new cosmetics collection, Pure with Purpose.
2. Kolmar Korea
Kolmar Korea was established in 1990 and is headquartered in Sejong, South Korea. It is engaged in manufacturing cosmetics and pharmaceuticals. In 2023, Kolmar Korea announced the launch of a new cosmetics production base in Sejong City.
3. Andalou
Andalou was established in 2010 and is headquartered in California, U.S. It operates in 186 countries and is engaged in providing a collection of natural and organic beauty products for face, body, and hair care.
4. INGLOT Cosmetics
INGLOT Cosmetics was established in 1983 and is headquartered in Przemyśl, Poland. It operates in 90 countries and is engaged in manufacturing cosmetics and pharmaceuticals.
5. IVY Beauty Corporation
IVY Beauty Corporation was established in 1975 and is headquartered in Tokyo, Japan. It operates in 34 countries and is engaged in the manufacturing and sale of skin care, makeup, hair care, beauty supplement products, and other cosmetic products.
6. COSMECCA KOREA
COSMECCA KOREA was established in 1999 and is headquartered in South Korea. It is engaged in various industries, including beauty, consulting, and cosmetics.
7. COSRX
COSRX was established in 2013 and is headquartered in Yeoksamdong, Seoul-t'ukpyolsi, South Korea. It operates in 213 countries and is engaged in various industries, including beauty, cosmetics, e-commerce, and shopping.
8. Amara Halal Cosmetics
Amara Halal Cosmetics was established in 2011 and is headquartered in Los Angeles, California, USA. It is engaged in the manufacturing and branding of makeup products.
Definition: Halal skincare products are formulated with ingredients that are permissible and adhere to Islamic dietary guidelines.
