123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> General >> View Article

Saudi Arabia Color Cosmetics Market Analysis, Growth, Development And Demand Forecast Report 2030

Profile Picture
By Author: leeb57555
Total Articles: 32
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Factors such as the escalating disposable income of people, surging public awareness about physical appearance, booming population of working women, burgeoning demand for organic color cosmetics, and mounting investments being made by players in marketing and advertising initiatives are expected to drive the Saudi Arabian color cosmetics market at a CAGR of 7.1% during 2020–2030. The market was valued at $603.6 million in 2020 and it is projected to generate $1,197.2 million revenue by 2030.

According to the General Authority for Statistics, Labor Force Survey data, the labor force participation rate of the total female working population increased from 32.1% in the fourth quarter of 2020 to 33.6% in the first quarter of 2021. As more women are stepping out of their homes, they are becoming more aware of personal care products, owing to which they are generating extensive demand for improved color cosmetic products.

Browse detailed report - https://www.psmarketresearch.com/market-analysis/saudi-arabia-color-cosmetics-market

In recent years, the surging focus of key players on product development, ...
... on account of the growing public consciousness regarding physical outlook, has become a prominent trend in the Saudi Arabian color cosmetics market. Additionally, the improving lifestyle of the Saudi Arabian people in the country is also encouraging them to create an extensive demand for better color cosmetics. Furthermore, the rising number of working women will also result in the introduction of improved products in the country.

According to P&S Intelligence, the western region is expected to account for the largest share in the Saudi Arabian color cosmetics market in the coming years. The market in the region is also projected to demonstrate the fastest growth during the forecast period. This can be ascribed to the accelerating urbanization rate and escalating disposable income of people in this part of the country. The burgeoning demand for color cosmetics from the region is being met by L'Oréal S.A., Coty Inc., The Estée Lauder Companies Inc., Shiseido Co. Ltd., Unilever Group, Oriflame Holding AG, The Procter & Gamble Company, and others.

Therefore, the burgeoning population of working women and the increasing availability of improved products will augment the demand for color cosmetics in Saudi Arabia.

Total Views: 115Word Count: 350See All articles From Author

Add Comment

General Articles

1. Prestari Servicii De Curatenie In Asociatii De Propietari
Author: Daniel

2. Title: Hr Remedy India – Transforming Human Resource Management
Author: Sanjay gupta

3. Brand Identity Design Services: Building A Strong Foundation For Your Brand
Author: neetu jaiswal

4. Tourism Social Media Agency: Empowering Travel Brands In The Digital Age
Author: neetu jaiswal

5. Hindu Dharma And Buddha’s Dhamma – Same Or Different?
Author: Chaitanya Kumari

6. Ppc Marketing Services: Driving Business Growth With Precision
Author: neetu jaiswal

7. Hotel Seo Agency: How Expert Seo Services Can Boost Bookings And Visibility For Hotels
Author: neetu jaiswal

8. Website Development Services In Mumbai: Building Your Digital Future
Author: Neetu Jaiswal

9. A Comprehensive Guide To Social Media Marketing Packages In India
Author: Neetu Jaiswal

10. The Ultimate Guide To Choosing A Shopify Development Agency For Your E-commerce Success
Author: Neetu Jaiswal

11. Menlo # Studio Hinjewadi: Pune’s Smartest Living & Investment Destination
Author: Armaan

12. From Beginner To Expert: Your Learning Path At Cyber Pratibha
Author: jatin

13. Business Opportunities In The Flavored Water Industry
Author: COEQUAL INFOTECH PVT LTD

14. Stainless Steel 309 Sheets: High-performance Material For Extreme Environments
Author: Vikas Jain

15. Online Yoga Classes In Ahmedabad
Author: nirvikalpyoga

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: