Middle East Luxury Cosmetics Market Outlook 2025: Opportunity & Growth Analysis, 2017-2025

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Middle East Luxury Cosmetics Market Outlook 2025: Opportunity & Growth Analysis, 2017-2025

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Goldstein Research analyst forecast the Middle East luxury cosmetics market to expand at a CAGR of 8.6% during the forecast period 2017-2025. To get more details read our report: – PowerPoint PPT presentation

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Title: Middle East Luxury Cosmetics Market Outlook 2025: Opportunity & Growth Analysis, 2017-2025


1
Middle East Luxury Cosmetics Market Outlook
Middle East Luxury Cosmetics Market Outlook
2025 Opportunity Growth Analysis, 2017-2025
Report Code CM 1335
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Middle East Luxury Cosmetics Market Size (USD
Billion)-2017-2025
Sample
Source Goldstein Research
  • Middle East Luxury Cosmetics Market is
    anticipated to expand at a compound annual growth
    rate of XX during the forecast period i.e.
    2017-2025. The market is anticipated to reach USD
    XX Million by the end of 2025. Luxury cosmetics
    market positive future growth will be driven by
    longer-term urbanization, a reduced drag on the
    wholesale market and an increasing shift toward
    younger, male customers.
  • The Urban class Urban middle class segment
    could drive luxury cosmetics market growth by XX
    over the next 20 years. For both the luxury and
    cosmetics industries, digital is proving to be a
    game-changer, increasing engagement with
    consumers. Online net sales of luxury cosmetics
    in Middle East has grown by XX in 2017 versus
    last year as the focus on e/m-commerce, digital,
    and social media efforts have increased to reach
    and engage prospective consumers.
  • Cosmetic companies show a solid average EBITDA of
    XX that is expected to grow, although at
    slightly lower rates than those for luxury
    companies. Like luxury companies, most cosmetic
    companies are expected to improve their operating
    margin in the coming years. The key drivers of
    margin growth are firstly operational
    efficiencies and secondly the consumers aspiring
    to increasingly high levels of quality. Overall
    the Middle East luxury cosmetics industrys capex
    ranges from XX to XX which has been elevated by
    those with retail networks.

3
Middle East Luxury Cosmetics Market Outlook
Middle East Luxury Cosmetics Market Share(), By
Product Type-2017
Middle East Luxury Cosmetics Market Size USD
(Billion). 2017-2025
Sample
Source Goldstein Research
Source Goldstein Research
In 2017, Premium Fragrances accounted for the
highest market share XX in Middle East
Luxury Cosmetics Market
With XX share in 2017, Kingdom Of Saudi Arabia
dominated the Middle East Luxury Cosmetics market
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Source Goldstein Research
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Middle East Luxury Cosmetics Market Outlook
  • The Middle East luxury cosmetics market
    registered an impressive growth of XX in 2017
    with huge growth prospects all over the country.
    The total luxury cosmetics market in Middle East
    is valued at USD XX billion in 2017 and is
    anticipated to reach a market size of USD XX
    billion by 2025.
  • The UAE and Saudi Arabia are the forefront of the
    GCC cosmetics and toiletries sales, having the
    largest population and considerable number of
    tourists. Additionally, Saudi Arabia has the
    lowest percentage of expatriates in the Gulf
    region, which provides for a big number of GCC
    national consumers with high disposable income.
  • On an Average Middle East consumes cosmetics
    worth USD XX per year. Saudi Arabia holds the
    largest market share by value and growth, and it
    is expected to grow by XX annually. Saudi Arabia
    cosmetics market is forecasted on the basis of
    revenue analysis, product benchmarking and
    strategic developments of key market players.
  • The average age for the Middle East residents is
    XX, and more than half of the local population is
    under 25. Consequences of these demographics for
    the beauty and personal care sector are versatile
    and include specific traits and behaviors 1)
    openness and awareness of new trends, 2)
    propensity to trust advertisement, and 3) limited
    budgets. They follow new trends and are easily
    persuaded by advertisements, as they seek
    information on cosmetics on the Internet, in
    magazines and through other channels
  • The Saudi Arabia consumers aspire to buy high
    quality goods products of global brands, and
    have known to be appreciative of luxury willing
    to pay premium prices for exclusive outstanding
    products.
  • Consumers in Middle East are expected to spend as
    much as USD XX per capita on premium cosmetics in
    2017 as compared to USD XX in 2012. Premium
    cosmetics command highest shares of the cosmetics
    and toiletries markets in the Gulf countries,
    with XX alone in Saudi Arabia

Personal Disposable Income
Competition
Sample
Millennial
Organic Natural Cosmetics
Distribution Channel
Middle East Luxury Cosmetics Market Size (USD
Billion)
Qatar
KSA
UAE
USD XX Billion
2017
USD XX Billion
USD XX Billion
2025
USD XX Billion
USD XX Billion
USD XX Billion
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5
Region and Market Outlook-2017
Middle East Consumers Preference for Organic,
Natural and Chemical Based Beauty Products,
2017-2025
Sample
Source Goldstein Research
Middle East, Cosmetics Production Share (), By
Product Types, 2017
Source Goldstein Research
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Research
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6
  • High Disposable Income Of People
  • A considerable group of Middle East nationals can
    afford premium brands having a high disposable
    income, and they also compare favorably with
    spending levels in the traditionally
    high-spending markets of France, UK and the US.
    One of the studies found that top XX consumers
    in the Saudi Arabia spend almost USD XX per
    capita a year on cosmetics.
  • Per capita spend on premium cosmetics has been
    increasing at a remarkable rate. Consumers in
    Middle East are expected to spend as much as USD
    XX per capita on premium cosmetics in 2017 as
    compared to USD XX in 2015. As the young
    generation will enter into the job market and
    dispose freely of their income, market of premium
    cosmetics will grow as they will have good
    awareness of products and their shopping will be
    value-driven. Experts say that the market is
    already witnessing premiumisation, as consumers
    are increasingly looking for products designed to
    tackle specific problems or offer clearly defined
    benefits. Those products usually feature a higher
    unit price than standard versions.
  • The Middle East as a whole benefits from a young
    population, with more than XX being under the
    age of 30. In the GCC, the regions wealthiest
    countries, the proportions range from XX (UAE)
    to XX (Saudi Arabia). In the UAE, Emirati
    teenagers spend USD XX per month on clothes and
    accessories, more than six times the global
    average for their peer group.

Sample
Middle East Per Capita Expenditure on Cosmetics,
2017-2025
GCC Nationals Top Reasons for Shopping
Middle East Luxury Growth Timeline
2009-10 XX 2010-11 XX 2011-12
XX 2011-14 XX 2014-16 XX
Source Goldstein Research
  • Impact Analysis-
  • Huge population with high personal disposable
    income towards cosmetics tends to be the major
    driving factor of the market.
  • Although young generation have limited purchasing
    power, but due to the fact that they are more
    enlightened towards fashion cosmetics, over the
    forecast period this population would have high
    purchasing power and will be the target segment
    of each company.

7
  • Brand Awareness and Consumer Preferences
  • Ultimately, luxury brands, like most consumer
    facing brands, need to deliver an engaging,
    exciting and efficient shopping experience to all
    their customers regardless of channel. Social
    media allows the opportunity to issue short but
    frequent messages, which works really well for
    luxury brands as their products and image are
    inherently aesthetic - so their message carries
    well in this format. For example, the visual
    nature of Instagram, the social photo and
    video-sharing app, makes it a natural platform
    for luxury and fashion brands. In addition, the
    space constraints force the brands to be more
    conversational and approachable, which is an
    excellent way to engage fans and to reduce the
    perception of coldness, sometimes associated with
    luxury brands.
  • Luxury brands do not necessarily have to be small
    to be considered exclusive. Brand DNA is best
    maintained if the brand keeps control over the
    entire business, from the product design and
    sourcing of raw ingredients to distribution and
    marketing. Having complete control of where and
    how a product is sold is essential. Many brands
    are shifting towards opening more directly
    operated stores because that allows them to
    control how the product is displayed and
    presented to the final consumer, ensuring that
    all aspects of the brand DNA are properly
    transmitted. However, the idea that small is
    beautiful has not been lost on the luxury
    conglomerates - big luxury groGiorgio Armani SPA
    are looking to invest in early stage brands with
    growth potential.

Sample
Consumer Preferences () To Shop For Luxury
Cosmetics, By Different Demographics
  • Impact Analysis-
  • Cargo life cycle assessment is necessary in order
    to comply with the norms and regulations. Thus,
    the assessment involves use of time and money and
    disrupting the manufacturing processes and
    eventually the supply of materials.

Impact on Middle East Luxury Cosmetics Market
8
Middle East Luxury Cosmetics Market Share (), By
Distribution Channels, 2017-2025
  • In 2017, e-retail accounted for XX of middle
    east luxury goods consumption, and it is forecast
    to carve out a XX share of the market in 2025.
    Faced with this e-tail acceleration, luxury
    labels are absolutely forced to adapt their
    strategies.
  • The luxury industry has accepted the idea that
    digital distribution is a priority, since it is
    one of its most significant growth vectors. Proof
    of this are the growing presence of luxury brands
    on the web in China, one of the key markets for
    the luxury goods market today, and the increase
    in online sales of high-end products in the USA.
  • This kind of expansion has several strategic
    implications. The first, predictable one is the
    shrinking of brick-and-mortar store networks,
    starting with monobrand stores but especially
    affecting wholesale clients. According to
    analysts, this kind of 'rationalisation' is
    essential in order to preserve the perceived
    exclusivity of brands and their long-term value.

Sample
Source Goldstein Research
Middle East Luxury Cosmetics Market Y-O-Y Growth,
By Distribution Channels, 2017-2025
Source Goldstein Research
Middle East Luxury Cosmetics Market Size (USD
Million), By Distribution Channels -2017-2025
Source Goldstein Research
9
Middle East Luxury Cosmetics Market
Attractiveness-By Distribution Channel, 2017-2025
CAGR ()
Market Size (USD Million)
SAMPLE
Source Goldstein Research
Water based adhesive segment holds the largest
revenue share in the Middle East Luxury Cosmetics
market as this segment constitutes which is
impacted by the rising cognizance among the
household users and thus it is likely to expand
at XX CAGR during the forecast period. Cargo
market is relying on the adoption of EHR
(Electronic health record) software by various
healthcare facility providers in order to stand
ahead in future. Behavioral health EHR creates a
world of difference to the staff and patients and
goes the extra mile giving advanced capabilities
such as it include support for documenting
violence risk factors, suicide risk factors, or
sadness scales.
Middle East Luxury Cosmetics Market BPS Analysis-
By Distribution Channel, 2017-2025
Source Goldstein Research
10
L'Oreal (Company Overview Business Strategy)
Founded 1909
Website www.loreal.com
Employees 89,300
Headquarters France
Major Brands
Company Overview
  • L'Oreal S.A is a world leader in beauty products
    headquartered in, France
  • The Company operates through 140 countries across
    the globe. Americas Europe, the Middle East and
    Africa (EMEA), and Asia Pacific (APAC) are major
    geographical segments in which company is
    operating.
  • L'Oreal S.A, is traded on EPA stock exchange,
    Europe
  • The company also provides innovative beauty
    solutions and it is one of the leading beauty
    cosmetics company across the globe
  • L'Oreal owns popular salon professional product
    makers Matrix and Kérastase. Additions to its
    wide portfolio include Clarisonic facial
    cleansing device (Pacific Bioscience Labs),
    SkinCeuticals skincare, and nail polish maker
    Essie Cosmetics.

Consumer Brands
L'Oreal Paris
Garnier
Maybelline New York
African Beauty Brands
L'Oreal Luxe
Essie
Professional Brands
L'Oreal Professional
Kerastase
Carita
Pureology
Redken
Matrix
Business Strategy
  • Mission and Strategy L'Oreal believes in a
    unique strategy Universalization. L'Oreal always
    focus to understand different need and traditions
    to provide tailor-made beauty products and meet
    the aspiration of consumers across the globe.
    L'Oreal highly invest in innovations to provide
    best cosmetic products in terms of quality,
    efficacy, safety and satisfy consumer all desires
    in their infinite diversity. In 2016, L'Oreal
    completed the acquisitions with IT Cosmetics,
    Atelier Cologne, Saint-Gervais Mont Blanc and
    CeraVe. In 2016, L'Oreal invested more than XX
    of its sales value on research and development
    activities which is accounted more than USD XX
    billion.
  • Upcoming Acquisitions 2017 In 2017, L'Oreal is
    all prepared to buy Dendron cancer Business of
    Valeant Pharmaceuticals International and three
    other skincare brands for about USD XX billion.

11
About Us Based in U.S., Goldstein Research is
a young business consulting and market research
firm with vast reach across America, Asia and
parts of Europe and the Middle East. 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 Middle Eastly through our
quality research and forecasting solutions. With
30 domain experts and 50 employees working day
and night to crunch numbers and bring out the
best and detailed market reports and forecasts,
we strive to enable you to foresee upcoming
market challenges and develop a robust business
model and strategies, which would add to your
profitability and market visibility as a
brand. 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 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.
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Research
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