Goldstein Research Predicts Accelerated Growth for Cosmetics Market in UAE through 2025

Consulting

Newly released “UAE Cosmetics Market Outlook, 2025” from Goldstein Research, a leading market intelligence & consulting firm, indicates that UAE cosmetics market is expected to reach USD 4.1 billion by 2025, growing at a compounded annual growth rate of 5.3% over the forecast period 2017-2025. Cosmetics market of UAE is driven by the factors such as increasing disposable income of people, rapid urbanization leading to opening of large number of shopping centers and malls and the growing tourism industry of UAE are impacting the increasing sales of cosmetics in UAE.

Analysts also reveal that UAE cosmetics market segmentation has been carried out on the basis of product type, end users, demography and distribution channel and geography. Based on distribution channel, offline sales accounted for largest market share of more than 80% in 2017 and is expected to grow at a CAGR of more than 20.4% over the forecast period. UAE cosmetics market majorly trades in the international bestselling cosmetic products and specifically the halal cosmetics. The trend of halal cosmetics in UAE is flourishing at a fast pace and thus highly impacting the growth of UAE cosmetics industry.

The report found one major trend in the market is growing market for premium beauty products in the region. Consumers in UAE are highly attracted towards the premium cosmetic products and the growth is also majorly driven by the foreign tourists in the country. Moreover, UAE’s premium cosmetic products market share is anticipated to increase from 48% in 2017 to 50% by 2020.

Learn more @ https://bit.ly/2lzSIHA

UAE Cosmetics Market has been segmented as follows:

  • By Product Type
  • Skin care
  • Hair care
  • 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.)

 

 “UAE Cosmetics Market Outlook 2025” by Goldstein Research contains detailed overview of the UAE cosmetics market. Further, for the in-depth analysis, it encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as L’ORÉAL, SHISEIDO, UNILEVER, ESTÉE LAUDER, PROCTER & GAMBLE, LVMH, Coty, Chanel, Dior, Guerlain, Clarins, Clinique, Lancôme, Beiersdorf, MAC, Revlon and Avon Products, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the study represents the UAE cosmetics market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Further information on “UAE Cosmetics Market Outlook, 2025” is available @ https://bit.ly/2lzSIHA

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