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Rapid Urbanization & Tourism Making a Positive Impact on Growth in Middle East Cosmetics Market

07-18-2019 03:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Goldstein Research

According to Goldstein Research, major driver in Middle East cosmetics market is high disposable income of people in the region especially in GCC countries, where countries such as UAE and Saudi Arabia having the largest population and considerable number of tourists significantly augmented the growth of cosmetic industry in the region. Moreover, rapid urbanization and growth of shopping centers and malls played an essential role in changes of shopping habits in these developing countries. Middle East Cosmetics Market Outlook also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe. Additionally, Kingdom of Saudi Arabia and the UAE together accounted for a quarter of the MEA’s market in 2017 and will grow by 12% and 5.8% respectively.
For market research on cosmetics in Middle –east, visit: https://www.goldsteinresearch.com/report/middle-east-cosmetics-market-size
Market Segmentation
On the basis of our in-depth analysis, Middle East cosmetics market can be segmented as follows:
By Product Type
• Skin care
• Hair care
• Makeup
• Fragrances
• Hygiene Products
By End Users
• Premium Consumers
• Mass-Market
• Professionals
By Demography
• Men Cosmetic Products
• Women Cosmetic Products
By Distribution Channels
• Online Channel
• Offline Channels (Beauty Specialty Stores Etc.)
Based on Country
• Kingdom of Saudi Arabia (KSA) Cosmetics Market {Market Share (%), Market Size (USD Billion)}
• United Arab Emirates (UAE) Cosmetics Market {Market Share (%), Market Size (USD Billion)}
• Iran Cosmetics Market {Market Share (%), Market Size (USD Billion)}
• Qatar Cosmetics Market {Market Share (%), Market Size (USD Billion)}
• Oman Cosmetics Market {Market Share (%), Market Size (USD Billion)}
• Kuwait Cosmetics Market {Market Share (%), Market Size (USD Billion)}
• Bahrain Cosmetics Market {Market Share (%), Market Size (USD Billion)}
• Jordan Cosmetics Market {Market Share (%), Market Size (USD Billion)}
• Rest of Middle East Cosmetics Market {Market Share (%), Market Size (USD Billion)}
“Middle East Cosmetics Market Outlook 2024” contains detailed overview of the Middle East cosmetics market. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as L’oreal, Shiseido, Unilever, Estee Lauder, Procter & Gamble, LVMH, Coty, Chanel, Dior, Guerlain, Clarins, Clinique, Lancôme, Beiersdorf, MAC, Revlon and Avon Products. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the Middle East cosmetics market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Get market report sample @ https://www.goldsteinresearch.com/request-sample/middle-east-cosmetics-market-size

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About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on Consumer Retail research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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