UAE Cosmetics Market - Industry Analysis, Size, Trends, Share, Demand, Growth Drivers, Opportunity Assessment, Regional Outlook & Forecast 2017-2025

Market Overview

The UAE showcase solid growth rate globally, overall cosmetic industry growth is promising related to the historic period. Cosmetic product market growth is majorly driven by the young and aspirational population and who is significantly investing in grooming, to get an attractive appearance and to maintain their health in the process. The UAE is one of the largest cosmetic products market in the Middle East not only owing to its big population and tourism, but also to its approach of becoming a local hub for the beauty and skincare industry. Moreover, the rise of beauty encouragements is heightened by social media exposure that acts as an encouraging word of mouth and an effective marketing tool.

Moreover, the market is projected to reach USD 4.1 Billion by 2025 owing to rapid urbanization and development of shopping centers and malls in order to expand their tourism industry and the government aims to develop UAE as one of the biggest shopping destinations across the globe.

UAE Cosmetics Market Segmentation

By Product Type

• Skincare
• Haircare
• Makeup
• Fragrances
• Hygiene Products

By End Users

• Premium Consumers
• Mass-Market
• Professionals

By Demography

• Men Cosmetic Products
• Women Cosmetic Products

By Distribution Channels

• Online Channel
• Offline Channels (Beauty Specialty Stores Etc.)

Based on distribution channels, offline distribution channels accounted for the lion market share of more than 80% of the UAE cosmetics market in 2017. Further, online sales are expected to be the fastest-growing segment at a CAGR of +20.4% during the forecast period.

Trends, Drivers & Challenges to Market Growth

Major Trend: According to our UAE cosmetics market study on the basis of extensive primary and secondary research, one major trend in the market is a growing market for premium beauty products in the region. Consumers in UAE are highly attracted to premium cosmetic products and the growth is also majorly driven by foreign tourists in the country. Moreover, the UAE’s premium cosmetic products' market share is anticipated to increase from 48% in 2017 to 50% by 2020.

Growth Drivers: According to the report, a major driver in the UAE cosmetics market is the high disposable income of people in the UAE, where big population and a large number of tourists significantly augmented the growth of the cosmetic industry in the region. There is also a developing interest in and demand for halal beauty products and the Dubai government is the first to certify such products, which is the major factor for market growth.

Challenges: Further, the report states that one challenge in the UAE cosmetics market is maintaining the integrity and authenticity of particular cosmetic products such as halal cosmetic products in a competitive environment.

Covered in This UAE Cosmetics Market Report

The report covers the present ground scenario and the future growth prospects of the cosmetics market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the UAE region. UAE cosmetics market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

UAE Cosmetics Market Outlook 2017-2025, has been prepared based on in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the UAE cosmetics market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. UAE 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.

Key Market Players

Our UAE cosmetics market report comprises of the following companies as the key players in the UAE cosmetics market.

•  L’ORÉAL
•  SHISEIDO
•  UNILEVER
•  ESTÉE LAUDER
•  PROCTER & GAMBLE
•  LVMH
•  Coty
•  Chanel
•  Dior
•  Guerlain
•  Clarins
•  Clinique
•  Lancôme
•  Beiersdorf
•  MAC
•  Revlon
•  Avon Products

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in market study

• What is the total market size by 2025 and what would be the expected growth rate of sales?
• 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?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

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