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<br>Goldstein Research analyst forecast the Saudi Arabia cosmetics market to expand at a CAGR of 11.4% during the forecast period 2017-2025. Moreover, the market is projected to reach USD 6.8 Billion by 2025 owing to growing market for natural products, personalized products and services. To get more detail read our report: https://www.goldsteinresearch.com/report/saudi-arabia-cosmetics-market-size
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Saudi Arabia Cosmetics Market Outlook Saudi Arabia Cosmetics Market Outlook 2025: Opportunity & Growth Analysis, 2017-2025 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 Saudi Arabia Report Code :CM 1335 www.goldsteinresearch.com +1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422, +91-991-071-6331 sales@goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Saudi Arabia Cosmetics Market Outlook Saudi Arabia Cosmetics Market Size USD (Million). 2017-2025 XX% CAGR: (2017-2025) The Saudi Arabia Cosmetics market registered an impressive growth of XX% in 2017 with huge growth prospects all over the country. The total cosmetics market in Saudi Arabia is valued at USD XX billion in 2017 and is anticipated to reach a market size of USD XX billion by 2024. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Saudi Arabia Cosmetics Market Outlook XX% CAGR: (2017-2025) The UAE and Saudi Arabia are the forefront of the GCC cosmetics and toiletries sales, having the largest population and considerable number of tourists. Additionally, Saudi Arabia has the lowest percentage of expatriates in the Gulf region, which provides for a big number of GCC national consumers with high disposable income. Request Sample On an Average Saudi Arabians consumes cosmetics worth USD XX per year. Saudi Arabia holds the largest market share by value and growth, and it is expected to grow by XX% annually. Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
The average age for the Saudi Arabia nationals is XX, and more than half of the local population is under 25. Consequences of these demographics for the beauty and personal care sector are versatile and include specific traits and behaviors: 1) openness and awareness of new trends, 2) propensity to trust advertisement, and 3) limited budgets. They follow new trends and are easily persuaded by advertisements, as they seek information on cosmetics on the Internet, in magazines and through other channels • The Saudi Arabia consumers aspire to buy high quality goods & products of global brands, and have known to be appreciative of luxury & willing to pay premium prices for exclusive & outstanding products. • Consumers in Saudi Arabia are expected to spend as much as USD XX per capita on premium cosmetics in 2017 as compared to USD XX in 2012. Premium cosmetics command high shares of the cosmetics and toiletries markets in the Gulf countries, with XX% alone in Saudi Arabia Saudi Arabia Cosmetics Market Outlook Personal Disposable Income Competition Sample Millennial Request Sample Organic & Natural Cosmetics Distribution Channel Saudi Arabia Cosmetics Market Size (USD Million) Fragrances Skin Care Products Hair Care Products USD XX Million USD XX Million 2017 USD XX Million USD XX Million 2025 USD XX Million USD XX Million Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
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Saudi Arabia Cosmetics Market Size (USD Million) & Growth Analysis Saudi Arabia Cosmetics Market Size (USD Million)-2017-2025 Request Sample Sample Source: Goldstein Research • Saudi Arabia Cosmetics Market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2017-2025. The market is anticipated to reach USD XX Million by the end of 2025. Cosmetics market positive future growth will be driven by longer-term urbanization, a reduced drag on the wholesale market and an increasing shift toward younger, male customers. • The Urban middle class segment could drive cosmetics market growth by XX% over the next 20 years. For both the luxury and cosmetics industries, digital is proving to be a game-changer, increasing engagement with consumers. Online sales of cosmetics in Saudi Arabia has grown by XX% in 2017. • Cosmetic companies show a solid average EBITDA of XX% that is expected to grow, although at slightly lower rates than those for luxury companies. Like luxury companies, most cosmetic companies are expected to improve their operating margin in the coming years. The key drivers of margin growth are firstly operational efficiencies and secondly the consumers aspiring to increasingly high levels of quality. Overall the Saudi Arabia cosmetics industry’s capex ranges from XX% to XX% which has been elevated by those with retail networks. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Saudi Arabia Cosmetics Market Outlook : 2017-2025 Request Sample Saudi Arabia Cosmetics Market Share (%), By Distribution Channel, 2017-2025 • The offline sales of Cosmetics accounts for highest market share of XX% in 2017, worth a market size of USD XX Million. Over the forecast period online sales market share is projected to witness healthy growth owing to increasing penetration of technology & e-commerce industry in Saudi Arabia. • Cosmetics and toiletries are mostly sold in Saudi Arabia in shopping malls, especially the mass brands, which sell in supermarkets and hypermarkets located there. The prevalence of these distribution channels is driven by consumer preference in shopping in malls to avoid hot weather and explore each store at a single place. • In Saudi Arabia, XX% cosmetics are sold in hypermarkets, followed by salons acquiring XX% share and then the remaining standalone stores/outlets. 2025 2017 Sample Source: Goldstein Research Saudi Arabia Cosmetics Market Y-O-Y Growth, By Distribution Channel, 2017-2025 Source: Goldstein Research Saudi Arabia Cosmetics Market Size (USD Million), By Distribution Channel -2017-2025 Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
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