Market Insights Consumer Beauty & Personal Care

Cosmetics - United Arab Emirates

United Arab Emirates

In 2024, the Cosmetics market in the United Arab Emirates is projected to generate a revenue of €165.30m.
This market is expected to experience an annual growth rate of 5.38% (CAGR 2024-2029).
When compared globally, in the United States leads in terms of revenue generation, with an estimated value of €18,660m in 2024.
Looking at the per person revenues, in 2024 each individual in the United Arab Emirates is expected to contribute €17.23.
Furthermore, by 2024, approximately 78% of the sales in the Cosmetics market will be attributed to Non-Luxury.
The United Arab Emirates has seen a surge in demand for luxury skincare products, driven by the country's affluent population and their emphasis on personal grooming and beauty.

Key regions: Malaysia, Singapore, Worldwide, Indonesia, India

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.