Indonesia Halal Haircare Market is estimated
to reach USD 1.27 billion by 2025,
according to a new report by Grand View Research, Inc. Increasing preference
among the Islamic population regarding ethical consumption of beauty products
has contributed largely to industry growth in recent years.
Additionally, rising
demand for organic and vegan-friendly products by the consumers owing to
increasing awareness regarding the detrimental impacts of chemical-based
products 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 as they support their ethical beliefs &
changing lifestyles. 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. Hijab-wearing
women often face issues such as dandruff, hair-fall and limp, dull, lifeless
hair, which are being targeted using specific shampoos containing natural
ingredients.
Access Full Research Report on Indonesia Halal Hair Care
Market: http://www.grandviewresearch.com/industry-analysis/indonesia-halal-hair-care-market
Further key findings from the report suggest:
- Conditioners are expected to experience
highest growth with a CAGR of 12.2% over the forecast period. Conditioners
specially catering to issues regarding covered hair, by improving volume
and bounce for flat tresses are expected to drive segment growth.
- increasing fashion consciousness and
entry of multinational companies with extensive product portfolios has
also driven growth in the color segment. Men are also latching onto
coloring trends, leading to an increase in demand for halal-certified
colors with low synthetic content.
- Key players include Unilever, Loreal,
Procter & Gamble, Clara International, Wardah, Sariayu Cosmetics, Iba
Halal and Saaf Skincare among others
- Unilever recently signed a partnership
with New York based Francesca Fusco for the launch of Sunsilk Clean &
Fresh in order to target women wearing hijabs on a regular basis
View More Related Reports from same category by Grand
View Research: http://www.grandviewresearch.com/industry/personal-care-and-cosmetics
Grand View Research has segmented the Indonesia Halal
Hair Care Market on the basis of product.
Product Outlook (Revenue, USD Million, 2014 - 2025)
- Shampoo
- Hair Color
- Hair Conditioners
- Hair Oil
- Styling Products
View Press Release on Indonesia
Halal Hair Care Market By Grand View Research: http://www.grandviewresearch.com/press-release/indonesia-halal-hair-care-market-analysis
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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