Press release
Cosmetic Skin Care Market Value to Reach at US$6.29 bn from 2016 - 2024 Middle East and North Africa (MENA) Industry Analysis
The MENA cosmetic skin care market is therefore forecast to reach US$6.29 bn by the end of 2024. The market’s valuation in 2015 was at US$3.18 bn. If these figures hold true, the MENA cosmetic skin care market will exhibit a CAGR of 8.0% between 2016 and 2024.MENA Cosmetic Skin Care Market: Overview
In terms of revenue, the Middle East and North Africa (MENA) cosmetic skin care market is expected to register a CAGR of 8.0% during the forecast period, 2016–2024. The primary objective of the report is to offer insights on the market dynamics that can influence growth of the Middle East and North Africa (MENA) cosmetic skin care market over the forecast period. Insights on key trends, drivers, restraints, value forecasts and opportunities for companies operating in the Middle East and North Africa (MENA) cosmetic skin care market are presented in the report.
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The Middle East and North Africa (MENA) cosmetic skin care market is expected to witness significant growth rate in terms of value owing to rise in cosmetic and aesthetic procedures and increase in demand for premium. Moreover, growing aging population, rise in disposable income, heavy research and development in cosmetic skin care products, and change in lifestyle are creating high potential growth opportunities for players operating in the Middle East and North Africa (MENA) cosmetic skin care market. Revenue from the cosmetic skin care market in Middle East and North Africa (MENA) is expected to expand at the relatively higher CAGR due to increasing outbound medical tourism and rising demand for skin care products in the region. To understand and assess opportunities in this market, the report offers market forecast on the basis of product type and distribution channels in Middle East and North Africa (MENA). The report provides analysis of the Middle East and North Africa (MENA) cosmetic skin care market in terms of market value (US$ Mn) and volume (In number of procedures).
MENA Cosmetic Skin Care Market: Key Segments
The Middle East and North Africa (MENA) cosmetic skin care market is segmented on the basis of product type:
Anti-Aging
Skin Whitening
Sensitive Skin
Anti-Acne
Dry Care
Bath & Shower
Intimate Hygiene
Others
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The Middle East and North Africa (MENA) cosmetic skin care market is segmented on the basis of various distribution channels:
Super Markets and Hyper Markets
Departmental Stores and Convenience Stores
Spas
Pharmacies
Others
The report begins with the market definition, followed by overview of the different product types and various distribution channels. The market dynamics section includes TMR’s analysis on key trends, drivers, restraints, opportunities and macro-economic factors influencing the growth of the Middle East and North Africa (MENA) cosmetic skin care market.
MENA Cosmetic Skin Care Market: Scope of the Report
Next, the report analyses the market on the basis of regions and presents forecast in terms of value for the next 10 years. In addition, we have considered Year-on-Year (Y-o-Y) growth to understand the predictability of the market and identify growth opportunities for companies operating in the Middle East and North Africa (MENA) cosmetic skin care market. Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is usually overlooked, while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective for products offered through cosmetic skin care in Middle East and North Africa (MENA). To understand key segments in terms of their growth and performance in the Middle East and North Africa (MENA) cosmetic skin care market, Transparency market research has developed a market attractiveness index. The resulting index would help providers identify existing market opportunities.
In the final section of the report, a ‘competitive landscape’ has been included to provide a dashboard view of key companies operating in the Middle East and North Africa (MENA) cosmetic skin care market. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the Middle East and North Africa (MENA) cosmetic skin care market and the potential players. However, this section also includes market strategies and SWOT analysis of the main players operational in the Middle East and North Africa (MENA) cosmetic skin care market.
Detailed profiles of players operating in Middle East and North Africa (MENA) cosmetic skin care market are also included in the scope of the report to evaluate their long- and short-term strategies.
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Companies Mentioned in the Report
Key players included in this report are Shiseido Company, Limited, The Estée Lauder Companies Inc., Beiersdorf AG, The Body Shop International plc., THALGO COSMETIC GmbH, Natura Bissé International, S.A., The Aromatherapy Company, L’Oreal Group, ESPA International Ltd., Éminence Organic Skin Care, Pevonia Global, Shiffa Dubai Skin Care Cosmetics LLC, Ascendis.co.za., Unilever, Guinot S.A., Laboratories IPRAD, SkinMedica Inc., and Obagi Medical Products, Inc., among others.
Middle East and North Africa (MENA) cosmetic skin care market has been segmented as follows:
Middle East and North Africa (MENA) Cosmetic Skin Care Market, By Product Type
Anti-Aging
Skin Whitening
Sensitive Skin
Anti-Acne
Dry Care
Bath & Shower
Intimate Hygiene
Others
Middle East and North Africa (MENA) Cosmetic Skin Care Market, By Distribution Channel
Super Markets and Hyper Markets
Departmental Stores and Convenience Stores
Spas
Pharmacies
Others
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