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Persistence Market Research says the global halal cosmetics market — skincare, haircare, makeup, fragrances, and personal care — will likely over double by 2032, from $53.7 billion to $120.2 billion. Another forecaster predicted the market will rise to US$171.7 billion by 2033.
Nearly half the world’s Muslim population (about 835 million) live in Indonesia, Pakistan, India, and Bangladesh.
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