DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/p7sdm8/halal_cosmetics) has announced the addition of the "Halal Cosmetics and Personal Care Market in the APAC Region 2014-2018" report to their offering.
Halal Cosmetics and Personal Care market in the APAC region will grow at a CAGR of 11.08 percent over the period 2013-2018.
One of the emerging trends in the market is the increase in awareness about the transdermal penetration of cosmetics. For instance, lipstick applied on the lips could be ingested and there are a few chemicals in such cosmetics and also in personal care products which can directly enter the blood stream. If such products contain any animal ingredients that are not permissible, then the penetration or ingestion of such products is a major concern for Muslim end-users. Thus, there is an increase in the demand for cosmetics and personal care products which adhere to Islamic law.
One of the major drivers in the market is the increase in the Muslim population. The growing number of Muslims is leading to an increase in the consumption of halal cosmetic and personal care products as they are the primary consumers of these products. The APAC region is also home to the majority of the global Muslim population.
Further, the report states that one of the major challenges is the certification of products by credible bodies. Generally, export-bound products face problems with respect to certification. As a result, consumers may lose confidence in the halal status of products, which can lead to a decrease in the adoption of these products.
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Source: Research and Markets