Dagang Asia
iconManufacturing
Agriculture
Apparel & Fashion
Automotive
Buildings & Constructions
Chemical
Computer Hardware & Software
Electronics & Electrical
Energy
Environment
Food & Beverages
Furniture & Furnishings
Gifts & Crafts
Health & Medical
Home & Garden
Home Appliances
Industrial Supplies &
Machinery
Office & School Supplies
Personal Care
Printing & Publishing
Rubber & Plastics
Security & Protection
Shoes & Accessories
Sports & Entertaiment
Transportation
iconBusiness & Services
Advertising & Marketing
Building & Construction
Computer & IT Solutions
Education & Training
Financial & Investment
Food & Beverage
Furniture & Furnishing
Gift & Craft
Health & Beauty
Home Products
Leisure & Entertainment
Logistics Services
Professional Cleaning
Services
Real Estate
Telecommunication Services
Tours & Hotel
Trading, Distributions
& Wholesales
Latest News
Halal Cosmetics Spell Big Opportunities
 
News From : DagangHalal.com (6/10/2010)

The market for Halal cosmetics is growing on a global basis, but nowhere is this trend more pronounced than in the Middle East, where conscientious consumers are specifically searching out Halal endorsed products.

With the global market for halal commodities currently valued at $2 trillion alone, the slice of that market commanded by halal personal care products in the Middle East is currently estimated to be valued at $560m.

Currently the market for beauty and grooming products as a whole in the Middle East is growing at 12 per cent per annum, and is valued at $2.1bn - growth that is being mirrored by the demand for halal personal care products, according to Messe Frankfurt, a company that organizes beauty industry exhibitions throughout the region

Specific demand for halal personal care products is in turn being driven by increased consumer knowledge of the ingredients used in the formulation of such products and they way they are produced.

Halal cosmetics can contain animal-derived ingredients, but these have to be prepared according to Islamic codes dictating procedures for killing and preparing animals.

Although the trend for halal cosmetic products spells opportunity for producers worldwide, Messe Frankfurt believes that in particular it is Dubai that is well placed to serve the burgeoning halal cosmetic market, particularly in view of its position as a regional hub for the distribution of halal commodities.

"There has been a common misconception up until now about what constitutes halal, with many people assuming that it relates purely to foodstuffs," said Heather Nix, Mess Frankfurt group exhibitions manager of Messe Frankfurt.

"Others who have had a better understanding of the rulings have simply been unaware that some cosmetics contain ingredients that they should avoid. Recently, however, more people have become aware about the nature of beauty products and are choosing to spend money on make-up and lotions that fit in with their religious and cultural requirements", she added.

Dubai currently handles an estimated $150m worth of halal merchandise each year, a significant proportion is said to be accounted for by personal care products.

One development in particular that has helped to boost this situation is the addition of a marketing centre in Dubai for the Malay Chamber of Commerce Malaysia, which is said to have seen the addition of a significant number of halal personal care products being traded throughout the region.

"There is clearly an increased demand for halal related cosmetics. We have received more trade enquiries this year wanting to find out about exhibitors at our event who will be showcasing halal products at Beautyworld", said Nix.

- Cosmeticsdesign.com

Back to Listing
 
 
   
Latest Merchant

Featured Advertisements