Saudi Arabia Cosmetics Market Research Report 2024-2032, Industry Growth, Share, Size and Forecast

Saudi Arabia Cosmetics Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 1.80% (2024-2032)

The Saudi Arabia cosmetics market is experiencing significant growth, driven by rising disposable incomes, urbanization, and a growing emphasis on personal care and beauty. According to the latest report by IMARC Group, the market is projected to grow at a (CAGR) of 1.80% from 2024 to 2032.  

Saudi Arabia Cosmetics Market Trends:

The market in Saudi Arabia is primarily driven by the augmenting demand for chemical-free and cruelty-free cosmetics. Moreover, the increasing availability of halal-certified products through both online and offline channels is elevating consumer access, thereby fostering market growth. Besides this, the rising disposable income among consumers is enabling higher spending on premium cosmetics, thereby contributing to market growth.

Apart from this, the growing inclination towards personal grooming and beauty among women and men is broadening the consumer base. Apart from this, the increasing awareness regarding the benefits of using natural ingredients is reinforcing consumer preference for halal products, thereby propelling the market.

Saudi Arabia Cosmetics Market Scope & Growth Analysis:

The scope of the market is expanding significantly due to the increasing preference for halal- certified beauty products, particularly among non-Muslim consumers seeking natural and safe alternatives. Apart from this, the diversification into skincare, haircare, and fragrance segments is broadening the market, offering a wider range of product categories. As per the market analysis, strategic partnerships between various cosmetic brands and retailers are further influencing the market, improving product availability and brand visibility.

The market is also being strengthened by the growing trend of e-commerce, providing consumers with easy access to a variety of cosmetics across regions. Moreover, the shift toward sustainable and eco-friendly practices within the cosmetic industry is further augmenting the appeal of different cosmetic products, as they often align with ethical and environmental concerns. Also, the introduction of innovative formulations and packaging is improving consumer engagement and brand loyalty, driving the market's expansion. 

Saudi Arabia Cosmetics Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Product Type:

• Skin and Sun Care Products
• Hair Care Products
• Deodorants and Fragrances
• Makeup and Color Cosmetics
• Others

Breakup by Category:

• Conventional
• Organic

Breakup by Gender:

• Men
• Women
• Unisex

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Specialty Stores
• Pharmacies
• Online Stores
• Others

Breakup by Region:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Some of the key players include:

• Avon Beauty Arabia
• Beauti.Sa
• Dar Madi International Co.
• Goldenscent LLC

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

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

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

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Email: [email protected] 

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