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. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out. Goldstein Market Intelligence help you navigate through the COVID-19 crisis, we will provide you most relevant market insights on crisis management, recovery strategy & business continuity. Additionally, the rising aging population and the growing focus on male grooming products are further surging the growth of the market in the coming years. According to Mr. Chechi, TechSci Research, “The halal cosmetics market in Saudi Arabia is definitely a fast growing one. 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. Saudi Arabia e-commerce cosmetics and fragrances market is projected to grow at a CAGR of 9.72% during the forecast period (2020 - 2025). The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. The demand for IoT Platforms are rising as the businesses are shifting towards cloud technology to manage their data. Overview Being one of the effective online Regulatory systems, Saudi Arabia stands an easy-to-go-with market for medical devices, medicinal products and cosmetics’ registrations and approvals. The status of products and ingredients are now in line with the EU … Religious preference for halal products in Saudi Arabia is the primary driver of halal cosmetics market in the kingdom. Saudi Arabia constitutes an enormous group of consumers, representing various different cultures, which may result in different consumer behaviors, and creates a huge challenge for market players to develop their products accordingly. The report covers the competitive landscape and current position of major players in the Saudi Arabia cosmetics market. Euromonitor International is the leading provider of strategic market research reports. Latest statistics suggest sales of skincare products in Saudi Arabia were estimated at $397.2 million in 2010 and are expected to reach $502.9 million in 2015 – a growth rate of 26%. Which category generated maximum revenues in 2019 and identify the most promising categories during the forecast period? Furthermore, online platforms provide multiple varieties, anytime shopping experience, and exclusive discounts, which will help in gaining more popularity among customers. The harsh climatic conditions, poor water quality, and the growing focus on personal wellbeing are certain other factors that are increasing the requirement for sophisticated beauty and personal care routine and regular treatments. The statistic shows the sales value of the beauty industry in Saudi Arabia for 2015, with a projection for 2020. As the region is highly conscious about the ingredients of the products, there is a significant demand for ethical and natural cosmetic products. Become A Client Based on gender, the market is segmented into men, and women. Among them, online sales is anticipated to witness a higher CAGR during the forecast period. In fact, our estimates point to a CAGR of 15.21 per cent for KSA’s halal cosmetics market … 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. What are the recent developments and business strategies of the key players? Consumers in the country tend to spend substantially on their personal appearance, thereby, supplementing the growth of the cosmetic and fragrances market in the country.New York, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Saudi Arabia … The Saudi Food and Drug Authority (SFDA) appointed SGS Société Générale de Surveillance SA to offer Conformity Assessment services for the import of cosmetic and personal care products into the Kingdom of Saudi Arabia. Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only Based on the category, the market is segmented into skin and sun care products, hair care products, deodorants, makeup and color cosmetics, fragrances, and others. What are the various distribution channels of Saudi Arabia Cosmetics Market and how they are poised to grow? Saudi Arabia has one of the prominent markets for cosmetics and fragrances products in the Middle East. For a full detailed overview, send us the sample request. 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. Moreover, the increasing aging population and the rising focus on male grooming products … What are the market opportunities for the existing and entry-level players? 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. Try our … Cosmetics refer to the category of health and beauty products that are used to care for the face and other parts of the body. With the GDP of USD 25,961 per capita, the… 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. In addition to this, the increasing adoption of organic products to keep skin natural and protected from chemicals and pollution is further surging the growth of the segment in the market. As the region is major constitutes the Muslim population, these products gained huge popularity in the region among consumers. For detailed scope of the “Saudi Arabia Cosmetics Market” report request a Sample Copy of the report. Based on category, the market is segmented into skin and sun care products, hair care products, deodorants, makeup and color cosmetics, fragrances, and others. A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements, Global Dead Sea Mud Cosmetics Market Report 2030: By Product Type, By End User, By Region With COVID-19 impact & Forecast 2017-2030, Global Halal Cosmetics Industry Analysis: By Product Types (Beauty care, Hair care, Makeup, Fragrances), By Distribution Channels (Online, Offline) & By Geography With COVID-19 Impact | Forecast Period 2017-2030, Global Premium Cosmetics Market Analysis: By Products, By Gender, By Distribution Channel & By Geography with COVID-19 impact | Forecast Period 2017-2030, Middle East Cosmetics Industry Analysis: By Product Type (Skincare, Hair care, Makeup, Fragrances, Hygiene Products), by End Users, by Demography, by Distribution Channel & by Country with COVID-19 impact | Forecast Period 2017-2030, Middle East Luxury Cosmetics Market Analysis : By Product Type, By End Users, By Demography, By Distribution Channels and Based on Country with COVID-19 impact | Forecast Period 2017-2030, UAE Cosmetics Market Report: By Product Type, By End Users, By Demography, By Distribution Channels With COVID-19 impact & Forecast 2017-2030, Middle East Premium Skincare Cosmetics Market analysis by product type and by distribution channel with COVID-19 impact | Forecast Period 2017-2030. Contact Us Now, Published Date: Jan-2021 | Report Format: Excel/PPT | Report Code: UP206A-00-1219. The report covers the present ground scenario and the future growth prospects of the cosmetics market for 2017-2030 along with the market players’ analysis. Moreover, people are becoming aware about the numerous benefits offered by the natural/ organic, herbal, and halal products, which in turn, is encouraging them to opt for these products. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. In this final version, most of the comments raised by the Industry and Intertek have been followed. The skin and sun care products segment is predicted to witness a faster CAGR during the forecast period. The ability of online stores to offer an enhanced shopping experience is one of the key drivers that is boosting the growth of the segment. Based on the product type, the market studied has been segmented into hair care, skin care, make-up products, deodorants, and fragrances. ReportBuyer is a market research solution service that gives you access to the latest Cosmetics Industry Analysis in Saudi Arabia, Australasia. Saudi Arabia beauty and personal care market is projected to grow at a CAGR of 1.20% during the forecast period (2020-2025). Saudi Arabia has a population of 28.828 million and a GDP of USD $ 25961.8 dollars. Saudi Arabia Cosmetics Reports: Our 2020 Saudi Arabia report include trends, statistics, opportunities, sales data, market share, segmentation projections on the Cosmetics market. The point of care testing (POCT) device in healthcare sector focuses on value rather than test volume and reimbursement issues that minimize tests to the. Profiles of Top 10 Major Companies Operating in “Saudi Arabia Cosmetics Market”. Corporate License:Report is shared with unlimited user (employees) of the purchasing corporation only, Markets in over 100+ countries analyzed in depths, Customization to provide our clients an option to cover their pain points areas if not covered in the report, 24X7 Availability – Being a global company we are available round the clock, 50+ Paid databases helps to add in-depths insights to our research, 200+ published and upcoming reports per year, Consulting every year we do around 10 full fledge business plans (consulting projects) for our clients, © Copyright 2019 GMI Research | All Rights Reserved. Who are the key vendors in this market space? Offline Channels (Beauty Specialty Stores Etc. Further, the report states that one challenge in the Saudi Arabia cosmetics market is maintaining the integrity and authenticity of particular cosmetic products such as halal cosmetic products in a competitive market. Further, the skincare products are expected to be the fastest-growing segment at a CAGR of +16% during the forecast period (2017-2030). We calculated the market size and revenue share on the basis of revenue generated from major players in the Saudi Arabia region. page 1 Moreover, the report provides deep insights into demand forecasts, market trends, and, micro and macro indicators in the Saudi Arabia market. The arrival of KIKO Milano in Saudi Arabia builds on an international presence for the cosmetics company that already has over 900 stores in 21 countries, with its products … The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Saudi Arabia Cosmetics Market " along with government measures to support the sector. What is the total market size by 2030 and what would be the expected growth rate of sales? What are the key drivers and restraints in Saudi Arabia Cosmetics Market? Saudi Arabia: Product Classification The Saudi Food and Drug Authority (SFDA) has just published the final version of the Guidance for Product Classification. Talk to GMI Research now and know the benefits of becoming a GMI Research Client However, the GCC’s (Gulf Cooperation Council) increasingly complex Regulatory requirements emphasize the need for … 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 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. 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. Market size for ... Read More. For instance, in Saudi Arabia region there is a growing interest in and demand for halal beauty products. This is mainly due to the growing number of self-conscious users, along with the rising penetration of organized retail channels in Saudi Arabia. Further, the skincare products are expected to be the fastest-growing segment at a CAGR of +16% during the forecast period (2017-2030). Need more information about this report ? 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. Based on the category, the market studied has been segmented into … The main objective of this program is to ensure conformity and the compliance of cosmetics and personal care products imported into the country. International bestselling cosmetic products are closely associated with social status and therefore highly desirable in the country. To have an edge over the competition by knowing the market dynamics and current trends of “Saudi Arabia Cosmetics Market”, request for Sample Report here. The cosmetics market size in North America stood at USD 82.59 billion in 2018. - Saudi Arabia is one of the prominent markets for cosmetics and fragrances products in the Middle East. | Website Designed By. 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. ), Market Share by Saudi Arabia Cosmetics Product Type & Demography, COVID-19 impact on "Saudi Arabia Cosmetics Market ". Global Advanced airport display system is majorly driven by the growing adoption of passenger mobile applications. This is attributed to the accelerating awareness related to the various benefits offered by skin care products among the young age group. Based on distribution channel, the market is segmented into retail sales, and online sales. The research points to Saudi Arabia holding a 16 per cent share of the wider region’s halal cosmetics market. Saudi franchise retailer Fawaz Abdulaziz Al-Hokair & Co launched Italian cosmetics brand KIKO Milano in the Kingdom exclusively at Arabian Centres malls across the country. The Saudi Arabia Cosmetics market is experiencing an upsurge in demand over the forecast period. Ac… 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. Largest cities in Saudi Arabia include Riyadh, Jeddah, Mecca, Medina, etc. The country research report on Saudi Arabia cosmetic products market is a customer intelligence and competitive study of the Saudi Arabia market. Saudi Arabia is one of the prominent markets for cosmetics and fragrances products in the Middle East. A beauty or grooming product is usually a cosmetic but is legally classified as a drug if it makes any claims to modify any body function or to prevent or treat diseases. Cosmetics market in Saudi Arabia is witnessing a new drift towards the increasing demand of Halal certified cosmetics products. Purchase the Colour Cosmetics in Saudi Arabia country report as part of our colour cosmetics market research for June 2020. The Saudi Arabia Cosmetics Market has been segmented on the basis of category, distribution channel, gender. Details are imparted within the report. What does a typical interview process looks like ? Market analysis, growth, trends and forecast The beauty industry in Saudi Arabia is growing at a rapid pace. Additionally, growing health concerns from harmful effects of cosmetics manufactured using dead animals is boosting demand for halal cosmetics among non-Muslim population as well. 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