2022 . 02 . 17
Indonesia and Malaysia: At the forefront of halal beauty innovation
Halal beauty is a booming market that had a global turnover of $ 74.7 billion in 2020 and for which sales of halal cosmetics are expected to increase by 9.6% CAGR through 2026. The Southeast Asia is the main market for halal cosmetics and the Asia Pacific region (APAC) represents the largest share of this thriving market, with Malaysia and Indonesia leading the way.