Market Size of United Arab Emirates Color Cosmetics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UAE Color Cosmetics Market Analysis
The United Arab Emirates color cosmetics market is anticipated to register a CAGR of 4.5% over the next five years.
- Rising consciousness about appearance among the younger generation, product improvements in color cosmetics, growing beauty, and the personal care sector, owing to increasing concerns about reducing age-related skin imperfections and improving the quality of lifestyles, are driving the market for color cosmetics.
- In support of this, attractive packaging, increasing consumer awareness about personal care, and growing fashion trends are expected to drive the market for color cosmetics. Furthermore, sales of color cosmetics through e-commerce are also anticipated to grow significantly over the forecast period. Also, the market is growing because of the numerous advantages of color cosmetics products, including anti-aging and anti-tan properties.
- Furthermore, the market is being driven forward by the surge in female consumers' need for cosmetic products. Also, the rising popularity of high-end lifestyles and personal grooming has increased consumer demand for color cosmetic products due to increased purchasing power. Trending skincare and color cosmetics elements include pulverized bamboo, seaweed, venom, and Tremella mushrooms. K-Beauty, a category of color cosmetics made from the aforementioned organic materials, has grown quickly in recent years. Multiple benefit cosmetic products, including anti-aging creams and lotions with UV protection, are the main drivers of the facial makeup market. Innovations in this sector, such as developing foundations that offer light-capturing crystals, also contribute to the market's expansion.
