The UAE cosmetic products market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 6.2% during 2023–2031. The growth of the market is attributed to the presence of huge young population and rising consciousness toward aesthetic appeal.
Cosmetics products are mixtures of chemical compounds derived from either natural sources or artificially ones. The products intended for personal care and skin care can be utilized to secure or improve the body or skin and ones that are used to improve one's appearance can be utilized to cover flaws and enhance the body’s tone.
The COVID-19 pandemic impacted leading companies owing to supply chain disruption in the industry and other various major factors such as closedown of retail stores, negatively impacting the growth of the market. The relaxation in restriction owing to acceleration in vaccination is expected to positively influence the market growth.
UAE Cosmetic Products Market Trends, Drivers, Restraints, and Opportunities
-
Increasing trend for organic, vegan, and natural cosmetics products is anticipated to drive the market growth.
-
Rising disposable income of people in the UAE and also a developing interest for cosmetics products are expected to proliferate the growth of the market during the forecast period.
-
Growing adoption of western culture & lifestyle and increasing number of beauty salons across the country is spurring the market growth.
-
Expanding awareness of possible side effects of cosmetics and skin concerns among consumers can hamper the growth of market.
-
High cost of the product and the compatibility issues with the other products can create challenges for the market growth.
Scope of UAE Cosmetic Products Market Report
The report on the UAE cosmetic products market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes
|
Details
|
|
Report Title
|
UAE Cosmetic Products Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
|
Base Year
|
2022
|
|
Historic Data
|
2016–2021
|
|
Forecast Period
|
2023–2031
|
|
Segmentation
|
Product Types (Color Cosmetics [Eye Make-up Products, Facial Make-up Products, and Lip & Nail Make-up Products], Hair Styling & Coloring Products [Hair Styling Products and Hair Colors]), Distribution Channels (Online Stores, Specialty Stores, Hypermarkets/Supermarkets, and Others)
|
|
Country
|
The UAE
|
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
|
Key Players Covered in the Report
|
Anastasia Beverly Hills; The Estee Lauder Companies; Unilever Plc; and Huda Beauty
|
UAE Cosmetic Products Market Segment Insights
Color cosmetics segment is expected to grow at a rapid pace
Based on product types, the market is bifurcated into color cosmetics and hair styling & coloring products. The color cosmetics segment is further segregated into eye make-up products, facial make-up products, and lip & nail make-up products. The hair styling & coloring products segment is divided into hair styling products and hair colors. The color cosmetics market is projected to expand at a considerable CAGR during the forecast period.
Rising number of working women and increasing spending power, accessibility to improved cosmetic products, and growing familiarity with assorted items, and presence of various distribution channels are the key drivers of the market segment growth.
Online stores segment is anticipated to constitute a key market share
In terms of distribution channels, the market is categorized as online stores, specialty stores, hypermarkets/supermarkets, and others. The online stores segment is expected to constitute a key share of the market during the projected period. Number of major players are utilizing online platforms to advertise and sell their products. The quantity of shoppers consistently buying items through the Internet is rising, which is propelling the segment growth.
Regardless of the widespread preference for offline shopping in the UAE, a number of brand proprietors are hoping to promote their items by use of the Internet. On the other hand, rising penetration of Internet and accessibility to various product brands on the e-commerce platforms are the major factors driving the segment growth.
Segments
The UAE cosmetic products segmented on the basis of:
Product Types
- Color Cosmetics
- Eye Make-up Products
- Facial Make-up Products
- Lip & Nail Make-up Products
- Hair Styling & Coloring Products
- Hair Styling Products
- Hair Colors
Distribution Channels
- Online Stores
- Specialty Stores
- Hypermarkets/Supermarkets
- Others
Country
Key Players
Competitive Landscape
The key players competing in the UAE cosmetic products market are Anastasia Beverly Hills; The Estee Lauder Companies; Unilever Plc; and Huda Beauty.
Companies are engaging in partnerships with online platforms and hypermarkets to expand their market share.
Request For Customization
Enquiry Before Buying
Speak With Analyst
