GCC Cosmetics Market to See Striking Growth by 2032

IMARC Group, a leading market research company, has recently releases report titled “GCC Cosmetics Market Report by Product Type (Skin and Sun Care Products, Hair Care Products, Deodorants and Fragrances, Makeup and Color Cosmetics, and Others), Category (Conventional, Organic), Gender (Men, Women, Unisex), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Pharmacies, Online Stores, and Others), and Country 2024-2032”. The study provides a detailed analysis of the industry, including the GCC cosmetics market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the GCC Cosmetics Market?

The GCC cosmetics market size is projected to exhibit a growth rate (CAGR) of 6.2% during 2024-2032.

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GCC Cosmetics Market Trends and Drivers:

The GCC cosmetics market is witnessing significant growth, primarily driven by factors, such as the increasing disposable income, the growing millennial population, and the elevating focus on personal grooming and appearance. Moreover, the rising influence of social media and beauty content creators is further influencing consumer preferences and behaviors. This, coupled with the growing inclination towards luxury and high-end cosmetic brands, is creating a positive outlook for the overall market. Additionally, the escalating availability of cosmetic products across e-commerce platforms is also stimulating the market growth.

Apart from this, the rising emphasis on natural and organic products is further propelling the growth of the GCC cosmetics market. Moreover, the increasing health awareness and concerns about synthetic chemicals in cosmetics are also bolstering demand for cosmetic products made from organic, halal-certified, and cruelty-free products. Additionally, the introduction of personalized and bespoke beauty solutions to cater to diverse skin types and preferences is further catalyzing the growth of the market. Furthermore, the emerging popularity of gender-neutral and male-specific cosmetic products, on account of the changing societal attitudes towards male grooming, is positively influencing the market growth. Besides this, the imposition of favorable policies by government authorities to encourage international brands to establish their stores across the GCC is anticipated to further drive the growth of the GCC cosmetics market in the coming years.

GCC Cosmetics Market Report Segmentation:

The report is organized into distinct sections as follows:

By Product Type:

• Skin and Sun Care Products

• Hair Care Products

• Deodorants and Fragrances

• Makeup and Color Cosmetics

• Others

Based on type, the market has been divided into skin and sun care products, hair care products, deodorants and fragrances, makeup and color cosmetics, and others.

By Category:

• Conventional

• Organic

On the basis of category, the market has been divided into conventional and organic.

By Gender:

• Men

• Women

• Unisex

Based on gender, the market has been divided into men, women, and unisex.

By Distribution Channel:

• Supermarkets and Hypermarkets

• Specialty Stores

• Pharmacies

• Online Stores

• Others

On the basis of distribution channel, the market has been divided into supermarkets and hypermarkets, specialty stores, pharmacies, online stores, and others.

Country Insights:

• Saudi Arabia

• UAE

• Qatar

• Bahrain

• Kuwait

• Oman

Based on country, the market has been divided into Saudi Arabia, the UAE, Qatar, Oman, Kuwait, and Bahrain.

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 Other Key Points Covered in the Report:

• COVID-19 Impact

• Porters Five Forces Analysis

• Value Chain Analysis

• Strategic Recommendations

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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