Increasing demand for herbal and natural skin care products is expected to drive the growth of the skin care products market in the Middle East.
PORTLAND, OR, February 8, 2023 /einpresswire.com/ - Middle East Skin Care Products Market by Type and Application; Opportunity Analysis and Industry Forecast, 2021-2027 According to a new report from Allied Market Research. The Middle East Skin Care Products market size was valued at USD 1,781.1 million in 2019 and is projected to reach USD 1,926.6 million by 2027, growing at a CAGR of 5.8% during 2021-2027. Skin care products have gained increasing acceptance in recent years due to the growing youth demographic, increasing disposable income and awareness of personal well-being and the desire to develop and maintain a strong personality and self-image. In addition, growing awareness among Middle Eastern consumers about their appearance and growing demand for customized products and services is fueling the growth of the Middle Eastern skin care products market.
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market growth and demand
Increasing demand for herbal and natural skin care products is expected to drive the growth of the Middle East skin care products market in the coming years. Additionally, government support to cosmetic companies in local expansion is expected to improve the prospects of the Middle East skin care products market over the forecast period.
main actors
Key players profiled in the Middle East Skin Care report include Procter & Gamble, The Estée Lauder Companies Inc., Johnson & Johnson Services, Inc., Kao Corporation, Unilever Plc., L'oréal SA, Beiersdorf AG., Shiseido Company Limited. and Revlon, Inc.
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Beauty bloggers and social media influencers are creating new avenues of growth for the market. In addition, advertising and product awareness on social media such as Facebook, YouTube, Instagram and Twitter have increased awareness of skin care products, particularly among millennials and older consumers. Generation X in the Middle East. Additionally, a large number of local YouTubers host popular channels with product reviews and tutorials, which contributes to market growth.
Main results of the study
- By type, the facial care segment dominated the market in 2019 and is expected to maintain its dominance in the Middle East skin care market during the forecast period.
- The moisturizing segment accounted for the largest share of the Middle East skin care market growth in 2019 and is projected to grow at a CAGR of 3.5% from 2021 to 2027.
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Pawan Kumar, CEO of Allied Market Research, leads the organization by providing high-quality data and insights. We maintain professional relationships with various companies that help us create accurate research data tables that help us extract market data and confirm that our market forecasts are as accurate as possible. All the data presented in our published reports is derived from first-hand interviews with senior executives of major companies in their respective industries. Our secondary data sourcing methodology includes extensive online and offline research and discussions with industry experts and expert analysts.
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