The global cosmetics production is one of the fastest growing industry globally, with a market size of USD 532.43 billion (in 2017). It is one of the few industries which is not much affected by the ups and downs of the global economic conditions. Even though the overall sale of the products is affected, the industry manages to maintain a steady sales volume. If the market continues to grow like this, it is estimated to reach a value of USD 805.61 billion by the end of 2023, registering a CAGR of 7.14%.
Turkey is among the rising and major contributing markets for the cosmetics industry. Besides being a bridge between the Europe, Asia and Middle East,
the Turkish market is constantly expanding its range of cosmetic products making it a niche of opportunities. What’s making Turkey a desirable market?
-
Manufacturing – The high manufacturing capacity and logistics advantage provides manufacturers ample reasons to shift to Turkey. Foreign investors also have their presence in...
Halal cosmetics are innovation to the cosmetic industry which comply with the concept of halal (permissible) materials in cosmetics.
Market Research Future (MRFR) perceives the global halal cosmetics market to have a noteworthy growth and advance at a CAGR of 13.40% over the forecast period which ends in 2023.
The Global Halal Cosmetics Industry was valued at USD 22.74 Bn in 2017 and is expected to surpass USD 52 Bn mark by the end of 2023.
Surging awareness regarding animal welfare, social responsibility and environmentally-friendly products coupled with growing trend of veganism has been a major drive for the growth of the global halal cosmetics market.
Various celebrities are promoting the use of cruelty-free products which encourage consumers to opt for halal cosmetics.
The skin care segment is the largest segment owing to greater focus on personal care and hygiene.
Halal Certification IraqHalal Certification ensures the served food is Halal and is prepared in compliance with Islamic law requirements.
It establishes food quality and safety.
This globally recognized certification enhances the marketability and the reputation of your business.
It helps meet potential customers overseas.
This certification also helps to import your products from other countries.IAS is a famous certification body for auditing and issuing certifications for management systems and products.
We offer various product certifications such as Kosher, Halal, GOST-R, cGMP, HACCP, RoHS and so on.
