Market Size of UAE Cosmetic Products Industry
| Study Period | 2018 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2018 - 2022 |
| CAGR | 6.20 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UAE Cosmetics Market Analysis
The United Arab Emirates Cosmetic Products Market is projected to register a CAGR of 6.2% in the upcoming five years.
With the 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. Due to a rapid increase in online shopping in the country during the last few years, consumer behavior changed, leading to home-care remedies replacing cosmetics products. This led to a surge in cosmetics product demand due to the online availability of the products and ease of purchase through online channels.
Driven by the significant usage of color cosmetics among consumers in the United Arab Emirates, coupled with the prevalence of global brands and increased imports, the color cosmetics industry holds a promising scope across the country. In support of this, attractive packaging, raising consumer health awareness about personal care, and growing fashion trends are expected to drive the market for color cosmetics. Further, Millennials are the fastest-growing customer demographic for luxury cosmetics, owing to social media and celebrity-driven beauty trends. These customers willing to pay extra for a product want it to have a range of characteristics. This, in turn, is also boosting the market growth in the region.
