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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Key Trends in the Market
Cosmetic products are items that are used to improve, beautify, and clean the skin or the hair. They typically include grooming aids and beauty products like perfumes, shaving cream, and nail polish, among others. Functional cosmetics are defined as items that perform specific actions like skin whitening, minimising the appearance of fine lines on the face and body, sun protection, and sun tanning.
- The Saudi Arabia cosmetic products market growth can be attributed to the increasing focus on appearance, particularly among millennials and Gen-Z individuals. They are increasingly incorporating skincare, makeup, and hair care products into their daily grooming routines, leading to higher spending on personal care and cosmetic products in the country.
- Harsh climatic conditions, rising skin consciousness, and a growing emphasis on well-being and self-care are expected to be some of the key Saudi Arabia cosmetic products market trends in the coming years.
- The increasing penetration of the internet, the rising number of social media users, and an influx of beauty influencers in Saudi Arabia have played a significant role in raising awareness about cosmetics and beauty products. Both local and international beauty companies are also capitalising on this trend by collaborating with influencers to enhance their brand visibility and reach potential customers.
- The Saudi Arabia cosmetic products market demand is being fuelled by the increasing demand for natural, organic, herbal, and halal personal care products, along with a rising preference for innovative and eco-friendly packaging designs.
Saudi Arabia Cosmetic Products Market Report Snapshots
Saudi Arabia Cosmetic Products Market Size
Saudi Arabia Cosmetic Products Market Trends
Saudi Arabia Cosmetic Products Market Analysis
Saudi Arabia Cosmetic Products Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5.60% between 2024 and 2032.
Growing interest towards self-care among the young population and rising skin-consciousness are the major market drivers.
The key trends of the market are the growing preference for organic/ natural products, rising number of beauty influencers, and the increasing sales of cosmetics from e-commerce channels.
The different distribution channels are supermarkets and hypermarkets, convenience stores, pharmacy and drug stores, speciality stores, and online, among others.
The various products considered in the market report are skin care, hair care, makeup, and fragrance, among others.
The major types of cosmetic products are natural/organic and conventional.
Mass and premium are the different categories of cosmetic products.
The key market players are L’Oréal Group, Procter & Gamble Company, CHANEL Inc., Estée Lauder Companies Inc., Unilever Group, Coty Inc, Madi International LLC, Avon Products Inc., Oriflame Cosmetics SA, and Shiseido Company, Limited, among others.
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