Middle East Cosmetics Market is Set to Reach USD 32.2 Billion by 2024

According to Goldstein Research, major factors driving the growth of cosmetics industry in Middle East is high disposable income of people in the region especially in GCC, where countries such as UAE and Saudi Arabia having the largest population and significant 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.

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

• Saudi Arabia 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 report by Goldstein Research contains detailed overview of the Middle East cosmetics market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, by demography, by distribution channels and by end-users.

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Further, for the comprehensive examination, Middle East Cosmetics Market Report encompasses the industry market challenges, growth drivers, risk analysis, BPS (Base Point Scale) analysis, market attractiveness, 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. In general, the report embodies the Middle East cosmetics market present and future trends along with market estimates that will help industry consultants, technology providers, existing players probing for expansion opportunities, new players searching potentials and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Key questions answered in this Middle East cosmetics market report

• What is the Middle East cosmetics market size by 2024 and what would be the expected growth rate of sales?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the cosmetics market trends?
• What are the factors which are driving this market?
• What are the major barriers to cosmetics market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

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