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A number of factors, such as the growing disposable income of people, rising public consciousness regarding physical appearance, escalating demand for organic color cosmetic products, booming population of working women, soaring number of digital marketing channels and influencers, and mounting investments in advertising and marketing campaigns are expected to drive the U.A.E. color cosmetics market at a CAGR of 7.6% during the forecast period (2020u20132030). The market was valued at $370.6 million in 2020, and it is projected to generate $769.7 million revenue by 2030.
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© Prescient & Strategic (P&S)Intelligence Pvt.Ltd. All rights reserved 1 U.A.E.ColourCosmeticsMarketToGenerate$769.7MillionRevenueby2030
Anumberoffactors,suchasthegrowingdisposableincomeofpeople,risingpublicconsciousnessregardingphysicalappearance,escalatingdemandfororganiccolorcosmeticproducts,boomingpopulationofworkingwomen,soaringnumberofdigitalmarketingchannelsandinfluencers,andmountinginvestmentsinadvertisingandmarketingcampaignsareexpectedtodrivetheU.A.E. colorcosmetics marketataCAGRof7.6%duringtheforecastperiod(2020–2030).Themarketwasvaluedat$370.6millionin2020,anditisprojectedtogenerate$769.7millionrevenueby2030. ColorcosmeticsdemandintheU.A.E.iscurrentlydrivenbytheincreasingconsciousnessaboutphysicalappearanceamongpeople.TheU.A.E.’spopulace,especiallyyoungworkingfemales,isoptingforeyeshadowpalettes,haircolorproducts,nailpaints,andlipstickstoenhancetheirphysicalappearance.Moreover,theincreasingpenetrationofphoto-centricsocialmedianetworksisfuelingthedemandforsuchmakeupproducts,asthesenetworksincreasetheawarenessaboutphysicalappearanceamongyoungworkingwomenandadolescents. Requestforsamplecopyofthisreport:https://www.psmarketresearch.com/market-analysis/uae-color-cosmetics-market/report-sample Inrecentyears,productlauncheshavebecomeaprominenttrendintheU.A.E.colorcosmeticsmarket.Forinstance,inMay2021,RareBeauty,acosmeticsbrandofSelenaGomez,waslaunchedinthe U.A.E.ThecompanyintroduceditsproductsinSephorastoresin severalMiddle-Easterncountries.Similarly,inAugust2021,RAMICOSCosmetics,anewstartup,introducedarangeofproductswithnewformulae,whicharevegan,clean,andfreshlypackaged.Thestartupalsoannouncedthatitwilllaunchitsdirect-to-consumerwebsite,whichwillprovideaccesstoitsskincareandcosmeticsbrands. Moreover,companiesoperatingintheU.A.E.colorcosmeticsmarkethavebeenfocusingonacquisitionsandpartnershipstostayaheadoftheirpeers.Forinstance,inOctober2020,L'OréalGrouppartnered © Prescient & Strategic (P&S)Intelligence Pvt.Ltd. All rights reserved
withSprinklr,acustomerexperiencemanagement(CXM)platform, toimproveitsclientcarecapacities.L'OréalGroupSprinklrAI,ModernEngagement,andModernCareSprinklrtoreacttoonlineclientrequestsacrossallupgradingitscapacity. isusingthe platformsofchannelsby • TheproductsegmentoftheU.A.E.colorcosmeticsmarketiscategorizedintolipproducts,nailproducts,facialmake-up,eyemake-up,specialeffectsproducts,haircolorproducts,andothers.Amongthese,thefacialmake-upcategoryaccountedforthelargestmarketsharein2020duetothesoaringpopulationofworkingwomenandmillennialfemalesandtheirsurgingfocusonphysicalappearance.Thisgenderiscreatinganextensivedemandfornaturalfacialcolorcosmetics,suchasbronzers,highlighters,facialcompacts,foundations,andblushes. • Browsefullreportat:https://www.psmarketresearch.com/market-analysis/uae-color-cosmetics-market • AccordingtoP&SIntelligence,Dubaiheldthelargestshareinthe • colorcosmeticsmarketin2020duetothesurgingpercapitaexpenditureoncosmeticproducts,increasingavailabilityofcosmeticsononlinechannels,andgrowingfemaleworkforceinthecity.Additionally,thepresenceofamore-cosmopolitanandricherpopulationascomparedtoothercitiescontributestothegrowthofthemarketintheemirate.Further,thisemirateiscurrentlyhostingtheWorldExpo,duringwhichthedemandforcosmeticswillboomfurther. • Therefore,theincreasingavailabilityofnewproducts,burgeoningpopulationofworkingwomen,andrisingpenetrationofsocialmediaplatformswillfueltheconsumptionofcolorcosmeticsintheU.A.E. • MarketSizeBreakdownbySegment • By Type • Luxury Product • Mass Product © Prescient & Strategic (P&S)Intelligence Pvt.Ltd. All rights reserved
ByProduct • NailProducts • LipProducts • EyeMake-Up • FacialMake-Up • HairColorProducts • SpecialEffectProducts • Others • ByPackaging • One-Time • Refillable • ByConsumerGroup • Men • Women • Unisex • ByDistributionChannel • Grocery/DepartmentalStore • Supermarket/Hypermarket • Multi-BrandRetailStore • Online • Others • ByCity • Dubai • AbuDhabi • Sharjah • Ajman • Rasal-Khaimah • Others © Prescient & Strategic (P&S)Intelligence Pvt.Ltd. All rights reserved
© Prescient & Strategic (P&S)Intelligence Pvt.Ltd. All rights reserved
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