Market Size of Qatar Cosmetic Products Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 126.48 Million |
| Market Size (2029) | USD 170.54 Million |
| CAGR (2024 - 2029) | 6.16 % |
| Market Concentration | Low |
Major Players.webp){kind=logo}
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Qatar Cosmetic Products Market Analysis
The Qatar Cosmetic Products Market size is estimated at USD 126.48 million in 2024, and is expected to reach USD 170.54 million by 2029, growing at a CAGR of 6.16% during the forecast period (2024-2029).
The market is majorly driven by the young working population of the country due to the growing consciousness of physical appearance is more and willingness to invest in grooming. The rising trend of using natural ingredients in cosmetic products is observed among various manufacturers. This trend caters to customers' ever-increasing demand for natural or organic cosmetic products. These cosmetic products are labeled and manufactured according to the regulations specified by government bodies to guarantee product safety. Social media has become one of the most strategic marketing channels, and thus, prominent companies are implementing social media strategies to boost their brand awareness and enhance exposure and sales. Social media allows brands to reach a growing number of social network users and reach the potential target audience. For instance, in January 2022, according to data from GSMA Intelligence (Global System for Mobile Communications Association), mobile connections in Qatar reportedly were equal to 151.8% of the country's total population. As per data made public in Meta's advertising tools, there were 1.20 million Instagram users in Qatar at the beginning of 2022. By this number, 40.6% of the country's population in Qatar could be reached through Instagram ads by the beginning of the year.
The growing trend of organic concepts through online stores for bio-cosmetic products is also expected to boost the growth of natural and organic beauty and personal care products. Consumer demand for enhanced functionality and eco-friendliness in cosmetic design is resulting in exciting innovations in the packaging and design of cosmetics products. However, factors such as limited production and price fluctuations in the country are restraining the market's growth. Subsequently, the increasing demand for natural and organic cosmetic products is encouraging manufacturers to introduce plant-extracted ingredients into their products.
