Middle East And Africa Personal Care And Cosmetics Market (2024-2030) | industry, Size, Share, Growth, Revenue, Analysis, Forecast & Outlook

Topics Covered in the Middle East and Africa Personal Care and Cosmetics Market Report

Middle East and Africa Personal Care and Cosmetics Market report thoroughly covers the market by products, gender, distribution channel and countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Middle East and Africa Personal Care and Cosmetics Market Synopsis

The Middle East and Africa Personal Care and Cosmetics market is expanding quickly, having grown significantly in the last ten years. The United Arab Emirates, Saudi Arabia, South Africa, Egypt, and many other nations are included in this region. There are several reasons why beauty and personal care products are becoming more and more popular in this area, including changing lifestyles, rising disposable incomes, and growing knowledge of grooming and self-care.

According to 6Wresearch, Middle East and Africa Personal Care and Cosmetics Market size is expected to grow at a significant CAGR of 6.7% during 2024-2030. The market for personal care and cosmetics items has grown dramatically as people become more conscious of their grooming and personal cleanliness, as well as their overall well-being. There is an increase in demand for goods designed to cater to different skin types, hair types, and cosmetic requirements as a result of consumers taking a more proactive approach to preserving their look. These various preferences are met by the wide selection of items that are offered, which propels market expansion even more. Furthermore, consumers' inclinations towards high-end products have been impacted by the increasing presence of foreign companies in the area, as these brands frequently provide cutting-edge formulas and exceptional outcomes.

Moreover, the proliferation of digital platforms and e-commerce has enabled Saudi consumers to have broader access to a bigger variety of products. Customers may explore and buy from a range of domestic and international brands when they shop online, which improves their overall shopping experience. The personal care and cosmetics business is anticipated to continue growing at a rapid pace, becoming more competitive and dynamic as a result of the ease with which internet platforms may be utilised, along with influencer endorsements and targeted digital marketing.

The Middle East and Africa personal care and cosmetics market is faced with various hurdles, nevertheless its potential for growth. The absence of uniform regulations and standards in certain nations is a significant issue since it may lead to the entry of fake goods into the market. These fake products jeopardize consumer confidence and endanger health and safety. Furthermore, consumer spending and market stability may be impacted by economic uncertainty and changes in oil prices. Economic downturns can lower disposable incomes in areas that primarily rely on oil money, which can impact the demand for upscale and luxuriant cosmetic products. To achieve sustainable market growth, addressing these issues calls for tightening regulatory measures, improving market oversight, and making necessary adjustments to the economy.

Middle East and Africa Personal Care and Cosmetics Industry: Key Players

The Middle East and Africa personal care and cosmetics market is dominated by a number of multinational companies, such as Procter & Gamble, L'Oréal, Unilever, Estée Lauder Companies Inc., and Beiersdorf AG. These businesses are well-known in the area and consistently launch cutting-edge goods to satisfy changing consumer demands. To remain competitive, their strategies include introducing new technology, extending their product ranges, and making use of local market data. Maintaining market positions and catering to the varied interests of Middle Eastern and Asian consumers are the goals of these business leaders, who prioritize trends like customization, sustainability, and premium services.

Personal Care and Cosmetics Market in Middle East and Africa: Government Initiatives and Policies

Governments in the Middle East and Africa area are putting policies into place to encourage market expansion in response to the rising demand for cosmetics and personal care goods. For example, Saudi Arabia's National Transformation Program (NTP) 2020 seeks to stimulate home production and innovation by increasing local industry and decreasing dependency on imports. Like this, the government of the United Arab Emirates has implemented a number of initiatives to encourage entrepreneurship and assist small and medium-sized businesses (SMEs) in the personal care industry. Financial incentives expedited regulatory procedures, and support for research and development are some of these strategies. These kinds of programs aim to create a healthy and competitive business climate, which will propel expansion and increase the area's attractiveness to both domestic and foreign companies.

The industry is further supported by strategic investments in infrastructure and technological improvements, which are made in conjunction with these government initiatives. Through the enhancement of supply chains, technological adoption, and logistics, governments are fostering an environment that is favorable to market expansion. By supporting current companies and drawing new ones to the Middle East and Africa market, these initiatives help to establish the area as a vibrant and promising center for advances in cosmetics and personal care.

Future Insights of the Market

The growing emphasis on natural and sustainable products bodes well for the Middle East and Africa personal care and cosmetics market. There is a growing market for cruelty-free and environmentally friendly items as consumers become more conscientious about their choices. In addition, the industry's adoption of cutting-edge technology and ingredients like CBD-infused goods is anticipated to fuel market expansion in the upcoming years. The Middle East and Africa personal care and cosmetics industry is anticipated to grow significantly in the near future thanks to favorable government regulations and rising investments from major companies. Thus, businesses in this sector need to concentrate on meeting changing customer needs and maintaining a competitive edge through innovation and strategic alliances. The increasing inclination towards tolerance and diversity offers brands prospects to broaden their target demographic and penetrate untapped markets.
All things considered, the Middle East and Africa personal care and cosmetics industry is expected to grow steadily and offers great opportunity for current market participants as well as new entrants.

The Middle East and Africa personal care and cosmetics industry is changing due to the growing emphasis on natural and sustainable goods, as well as the growing desire for cruelty-free and environmentally friendly solutions. The industry is growing as a result of the incorporation of cutting-edge technologies, like CBD-infused products. A optimistic future for the business is attributed to favorable government laws and rising investments from large corporations. Furthermore, there is a growing emphasis on diversity and inclusivity, which gives marketers the chance to access new markets and demographics. To remain competitive, firms need to adapt to changing consumer demands and establish strategic partnerships. All things considered, the Middle East and Africa market is expected to grow steadily and present significant prospects for both new and established competitors.

Market Segmentation by Products

According to Dhaval, Research Manager, 6Wresearch, the segment with the greatest growth at the moment is cosmetics and make-up goods. This is explained by the growing appeal of cosmetics and beauty products among local consumers, particularly women.

Market Segmentation by Gender

In the Middle East and Africa personal care and cosmetics industry, the women's segment commands the highest share more than 70% of the market value. This is because women in this area are willing to spend money on high-quality cosmetic products and are growing more aware about how they look.

Market Segmentation by Distribution Channel

The rising use of smartphones and the internet in the area has led to a rise in e-commerce. Online shopping is a popular option for those looking for ease and variety because it provides convenience and a wide selection of products. The personal care and cosmetics market is changing due to the rise of e-commerce, which is giving brands new ways to interact with consumers.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Middle East and Africa Personal care and cosmetics Market Overview
• Middle East and Africa Personal care and cosmetics Market Outlook
• Middle East and Africa Personal care and cosmetics Market Forecast
• Historical Data of Middle East and Africa Personal care and cosmetics Market Revenues for the Period 2020-2030
• Middle East and Africa Personal care and cosmetics Market Size and Middle East and Africa Personal care and cosmetics Market Forecast of Revenues, Until 2030
• Historical Data of Middle East and Africa Personal care and cosmetics Market Revenues, by Products, for the Period 2020-2030
• Market Size & Forecast of Middle East and Africa Personal care and cosmetics Market Revenues, by Products, until 2030
• Historical Data of Middle East and Africa Personal care and cosmetics Market Revenues, by Gender, for the Period 2020-2030
• Market Size & Forecast of Middle East and Africa Personal care and cosmetics Market Revenues, by Gender, until 2030
• Historical Data of Middle East and Africa Personal care and cosmetics Market Revenues, by Distribution Channels, for the Period 2020-2030
• Market Size & Forecast of Middle East and Africa Personal care and cosmetics Market Revenues, by Distribution Channels, until 2030
• Historical Data of Saudi Arabia Personal care and cosmetics Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Saudi Arabia Personal care and cosmetics Market Revenues, Until 2030
• Historical Data of Kuwait Personal care and cosmetics Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Kuwait Personal care and cosmetics Market Revenues, Until 2030
• Historical Data of United Arab Emirates Personal care and cosmetics Market Revenues, for the Period 2020-2030
• Market Size & Forecast of United Arab Emirates Personal care and cosmetics Market Revenues, Until 2030
• Historical Data of Qatar Personal care and cosmetics Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Qatar Personal care and cosmetics Market Revenues, Until 2030
• Historical Data of Bahrain Personal care and cosmetics Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Bahrain Personal care and cosmetics Market Revenues, Until 2030
• Historical Data of Oman Personal care and cosmetics Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Oman Personal care and cosmetics Market Revenues, Until 2030
• Historical Data of Turkey Personal care and cosmetics Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Turkey Personal care and cosmetics Market Revenues, Until 2030
• Historical Data of Egypt Personal care and cosmetics Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Egypt Personal care and cosmetics Market Revenues, Until 2030
• Historical Data of South Africa Personal care and cosmetics Market Revenues, for the Period 2020-2030
• Market Size & Forecast of South Africa Personal care and cosmetics Market Revenues, Until 2030
• Historical Data of Nigeria Personal care and cosmetics Market Revenues, for the Period 2020-2030
• Market Size & Forecast of Nigeria Personal care and cosmetics Market Revenues, Until 2030
• Market Drivers and Restraints
• Middle East and Africa Personal care and cosmetics Market Trends
• Market Opportunity Assessment
• Middle East and Africa Personal care and cosmetics Market Share, By Countries
• Middle East and Africa Personal care and cosmetics Market Share, By Players
• Middle East and Africa Personal care and cosmetics Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Covered

The Middle East and Africa Personal Care and Cosmetics market report provide a detailed analysis of the following market segments:

By Products:

• Personal Care Products:
  • Hair Care Products
  • Skin Care Products
  • Bath and Shower
  • Oral Care
  • Men’s Grooming Products
  • Others
• Cosmetics/Make-Up Products:
  • Facial Cosmetics
  • Eye Cosmetic Products
  • Lip and Nail Make-Up Products
  • Hair Styling and Coloring Products
  • Others

By Gender:

• Men
• Women

By Distribution Channels:

• Direct Selling
• Hypermarkets & Retail Chain
• E-Commerce
• Specialty Stores
• Others

By Countries:

• Saudi Arabia
• Kuwait
• The United Arab Emirates
• Qatar
• Bahrain
• Oman
• Turkey
• Egypt
• South Africa
• Nigeria
• Rest of Middle East and Africa