However, the GCC’s (Gulf Cooperation Council) increasingly complex Regulatory requirements emphasize the need for … Ac… Saudi Arabia's cosmetics market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players. Saudi Arabia is one of the prominent markets for cosmetics and fragrances products in the Middle East. The main objective of this program is to ensure conformity and the compliance of cosmetics and personal care products imported into the country. How strategies and businesses win the COVID-19 Battle, Understand the COVID-19 Outbreak and its impact on global & regional businesses, Insights on a world turned upside down : Re-imaginingThe post-COVID19 Business resilience & recovery, How effective strategies and business recovery plans are winning the race. Luxury cosmetic product market growth is majorly driven by rich, young and aspirational population who want to invest in grooming, getting attractive appearance and maintaining their health in the process. Key questions answered in this research report: Saudi Arabia Cosmetics Market by Category, Saudi Arabia Cosmetics Market by Distribution Channel, Single-User License:The report is used by the purchaser (One Individual) only Global Graphite Market Opportunity Assessment, Global Syringe Market Forecast and Market Entry Strategy, Innovation Starts With Kitchen: Residential Electric Fryers Market Forecast and advisory, Global Airport Display Systems Market Outlook 2024: Global Opportunity and Demand Analysis, Market Forecast, 2016-2024, Global Point of Care Testing (POCT) Devices Market Outlook 2024, Global Dead Sea Mud Cosmetics Market Outlook 2024, Internet of Things (IoT) Platform is set to disrupting the Big Data technology industry. Global Cosmetics Market By Category (Skin & Sun Care Products, Hair Care Products, Deodorants, Fragrances, Makeup & Color Cosmetics), Distribution Channel (Retail Sale, Online Sale), Gender (Male, Female), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry … Saudi Arabia’s many affluent and beauty-conscious women are spending on average SR14,256 ($3,800) a year on cosmetics, a report said. The skin and sun care products segment is predicted to witness a faster CAGR during the forecast period. Read … In addition to conventional cosmetics, several new products are being introduced in the Saudi Arabian market to help women in protecting their skin from pollution and sun damage. This is attributed to the accelerating awareness related to the various benefits offered by skin care products among the young age group. Contact Us Now, Published Date: Jan-2021 | Report Format: Excel/PPT | Report Code: UP206A-00-1219. What does a typical interview process looks like ? Furthermore, the eCommerce market in Saudi Arabia is growing at a higher rate, which will allow the cosmetics companies to make their products easily available on different online platforms. Saudi Arabia e-commerce cosmetics and fragrances market is projected to grow at a CAGR of 9.72% during the forecast period (2020 - 2025). Based on product type, premium fragrances and perfume accounted for the lion market share of more than 30% of the Saudi Arabia cosmetics market followed by hair care and skin care products in 2017. What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period? We calculated the market size and revenue share on the basis of revenue generated from major players in the Saudi Arabia region. According to the report, the major driver in Saudi Arabia's cosmetics market is the high disposable income of people in the country and a growing number of working women. The Middle East showcase solid growth rate globally, overall cosmetic industry growth is promising related to historic period. Global Dead Sea mud cosmetics market was valued at USD 1.2 Billion in 2015, and is expected to reach USD 3.2 Billion by the end of 2024. More women are now working in Saudi Arabia than ever before, growing the disposable income and boosting the sale of more premium cosmetic brand products. Saudi Arabia is one of the biggest country that is increasingly opting for cosmetics products in the market. The research points to Saudi Arabia holding a 16 per cent share of the wider region’s halal cosmetics market. Moreover, the report provides deep insights into demand forecasts, market trends, and, micro and macro indicators in the Saudi Arabia market. For instance, in Saudi Arabia region there is a growing interest in and demand for halal beauty products. Cosmetic industry growth is majorly driven by young and aspirational population who want to invest in grooming, getting attractive appearance and maintaining their health in the process. - Saudi Arabia has one of the prominent markets for cosmetics and fragrances products in the Middle East. Saudi Arabia has one of the prominent markets for cosmetics and fragrances products in the Middle East. Saudi Arabia: Product Classification The Saudi Food and Drug Authority (SFDA) has just published the final version of the Guidance for Product Classification. Market size for ... Read More. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Become A Client ). Furthermore, online platforms provide multiple varieties, anytime shopping experience, and exclusive discounts, which will help in gaining more popularity among customers. What is the total market size by 2030 and what would be the expected growth rate of sales? These products are not excluded or limited to Muslim community only, these products have gained market among the Non-Muslim consumers also, which is the major factor for the growth of halal cosmetics and vegan cosmetic products in the region. The cosmetics market size in North America stood at USD 82.59 billion in 2018. The demand for IoT Platforms are rising as the businesses are shifting towards cloud technology to manage their data. What are the various distribution channels of Saudi Arabia Cosmetics Market and how they are poised to grow? The statistic shows the sales value of the beauty industry in Saudi Arabia for 2015, with a projection for 2020. As the region is major constitutes the Muslim population, these products gained huge popularity in the region among consumers. Our Saudi Arabia Cosmetics market report comprises of the following companies as the key players in the Saudi Arabia cosmetics market: The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. Moreover, backed by growing trend of workplace gender equality in the country, the women workforce is continuously expanding, which in turn, is aiding Saudi Arabia … The cosmetic industry in the Kingdom of Saudi Arabia is growing at a rapid pace and the standard of living of rich in the country is virtually incomparable to any other country in the world, which is the major factor for the growth of premium cosmetic products. Saudi Arabia's cosmetics market report also recognizes value chain analysis to understand the cost differentiation to provide a competitive advantage to the existing and new entry players. Demand for such products pushed the international and local market players to develop innovative products in order to sustain market competitiveness. The Saudi Arabia e-commerce cosmetics and fragrances market is segmented by product type, category, and end user. We can provide two-hour complimentary interaction with our analyst after the purchase of this market report. Market analysis, growth, trends and forecast The beauty industry in Saudi Arabia is growing at a rapid pace. According to Mr. Chechi, TechSci Research, “The halal cosmetics market in Saudi Arabia is definitely a fast growing one. What are the major barriers to market growth? The cosmetics product helps in cleaning, improving, and changing the complexion, skin, hair, nails, or teeth. ReportBuyer is a market research solution service that gives you access to the latest Cosmetics Industry Analysis in Saudi Arabia, Australasia. Plants and Plant Products Packages of barley, sorghum, or wheat seed must state in Arabic the type of seed, name of exporter, country of production, the phrase “Poisonous for … What are the factors which are driving this market? - Saudi Arabia has one of the prominent markets for cosmetics and fragrances products in the Middle East. To get more information on the regional analysis of this market, Request a Free sample . With the GDP of USD 25,961 per capita, the… The relatively small population of 28 million constitutes an enormous group of consumers with a standard of living incomparable with almost any other country in the world. Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only Based on distribution channel, the market is segmented into retail sales, and online sales. 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