Goldstein Market
Date of publication: 17 July 2019
Rapid Urbanization & Tourism Making a Positive Impact on Growth in Middle East Cosmetics Market
Middle East Cosmetics Market is Expected to Grow at a CAGR of 6.4% During the Forecast period (2016-2024)

According to Goldstein Research, major driver in Middle East cosmetics market is high disposable income of people in the region especially in GCC countries, where countries such as UAE and Saudi Arabia having the largest population and considerable number of tourists significantly augmented the growth of cosmetic industry in the region. Moreover, rapid urbanization and growth of shopping centers and malls played an essential role in changes of shopping habits in these developing countries. Middle East Cosmetics Market Outlook also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe. Additionally, Kingdom of Saudi Arabia and the UAE together accounted for a quarter of the MEA’s market in 2017 and will grow by 12% and 5.8% respectively.

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Market Segmentation

On the basis of our in-depth analysis, Middle East cosmetics market can be segmented as follows:

By Product Type

  • Skin care
  • Hair care
  • Makeup
  • Fragrances
  • Hygiene Products

By End Users

  • Premium Consumers
  • Mass-Market
  • Professionals

By Demography

  • Men Cosmetic Products
  • Women Cosmetic Products

By Distribution Channels

  • Online Channel
  • Offline Channels (Beauty Specialty Stores Etc.)

Based on Country

  • Kingdom of Saudi Arabia (KSA) Cosmetics Market {Market Share (%), Market Size (USD Billion)}
  • United Arab Emirates (UAE) Cosmetics Market {Market Share (%), Market Size (USD Billion)}
  • Iran Cosmetics Market {Market Share (%), Market Size (USD Billion)}
  • Qatar Cosmetics Market {Market Share (%), Market Size (USD Billion)}
  • Oman Cosmetics Market {Market Share (%), Market Size (USD Billion)}
  • Kuwait Cosmetics Market {Market Share (%), Market Size (USD Billion)}
  • Bahrain Cosmetics Market {Market Share (%), Market Size (USD Billion)}
  • Jordan Cosmetics Market {Market Share (%), Market Size (USD Billion)}
  • Rest of Middle East Cosmetics Market {Market Share (%), Market Size (USD Billion)}

“Middle East Cosmetics Market Outlook 2024” contains detailed overview of the Middle East cosmetics market. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as L’oreal, Shiseido, Unilever, Estee Lauder, Procter & Gamble, LVMH, Coty, Chanel, Dior, Guerlain, Clarins, Clinique, Lancôme, Beiersdorf, MAC, Revlon and Avon Products. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the Middle East cosmetics market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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About Goldstein Research

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