Market Research Report
Middle East & Africa Beauty & Personal Care Market Forecast 2019-2028
|Published by||Inkwood Research||Product code||956642|
|Published||Content info||114 Pages
Delivery time: 2-3 business days
|Middle East & Africa Beauty & Personal Care Market Forecast 2019-2028|
|Published: September 4, 2020||Content info: 114 Pages||
The Middle East & Africa beauty & personal care market is set to record a CAGR of 1.84% during the forecast period, 2019-2028. The increasing number of social media platforms, and the growing urbanization are projected to influence the growth of the market.
South Africa, Saudi Arabia, the United Arab Emirates, Turkey, Israel, and the rest of the Middle East & Africa, are assessed for evaluating the growth of the Middle East & Africa beauty & personal care market. In Saudi Arabia, the social media platforms supplemented by the regional standards, are aiding the market growth. Therapeutic brands are evolving in the Saudi market. Also, their participation in promotional campaigns, in terms of offers and discounts, is set to be beneficial for purchases.
In Turkey, the sales of medicated baby and child-specific products are set to grow in the coming years. This is because, the rising level of education amongst women is estimated to result in an increased number of working women and their consumption power. The student population that lives away from home in large cities is set to rise, given the increase in the number of education establishments. This is set to propel the sales of bath and shower and oral care products and shampoos. Also, the companies are increasingly putting in efforts to influence millennials and their preferences. For example, the refillable bottles of Louis Vuitton represent environmental sustainability. Such factors are predicted to impact the growth of the market studied.
Some of the prominent companies in the market include Mary Kay Inc, Natura & Co Holding SA, L'Oreal SA, Revlon Inc, LVMH Moet Hennessy Louis Vuitton SA (LVMH), etc.