07 – 09 October 2024
Riyadh International
Convention & Exhibition Center
Riyadh, Saudi Arabia

Market Overview

Young Demographics and Changing Tastes, are Driving a Multi Billion US$ Cosmetics and Skin Care Market Segment ...

$5.29 Billion
Cosmetic Products Market

The Saudi cosmetics products market size is estimated to reach $5.29 Billion in 2024. With steady growth in market expansion offering wide spread opportunities.

$2.67 Billion
Skin Care Products Market

The market is projected to generate a revenue of $2.67 Billion in 2024 in the skin care market segment. Market is expected to expand at an impressive annual growth rate of an impressive 4.38% (CAGR 2024-2028).

Hair Care, and Luxury Packaging are Also high growth market segments with increasing consumer demand...

7.08%
Growth in Hair Care Market

The Saudi hair care market is projected to generate revenue of $710 million in 2024. The market is to grow at an annual growth rate of 7.08% . Spending on hair care and hair care products continues to rise at these exceptional rates driving demand for both hair care products and hair care technologies. 5.4

5.4%
Growth in Luxury Packaging

Driven by the large discretionary spending and a large interest by Saudi business to create their own brands for the luxury beauty products market, the demand for creative and high image packaging is in rapid rise. The annual growth rate is a respectable 5.4% (CAGR 2024-2028). The full range of branded packaging components, bottles, boxes, bags are in demand.

The Perfumes and the Spa Markets are other key segments of the Kingdom's and regional high growth markets...

$1.8 Billion
Perfume Products market

The Saudi Arabia perfume market size reached $ 1.8 Billion and is expected to grow at a CAGR of 4.1%. A mix of products that range from traditional to imported luxury and mid-market brands are in high demand. Large local and regional interest in creating original perfumes and brands.

$400 Million
Growing Spa Market

The Saudi spa market size is over $400 Million. The hotel/resort spa segment accounted for the largest proportion of total revenues. Suppliers of spa equipment, constructors of spa facilities as well as providers of complete solutions that include facilities and wellbeing products are key drivers of this growth.

Following International Trends, the Market is Experiencing High Growth in Natural Cosmetics and Beauty Technologies...

9.42%
Growth in Natural Cosmetics

The natural cosmetics adoption rates in the Kingdom and the region are driving one of the fastest growing market segments with a growth rate of 9.42% (CAGR 2024-2028) . The organic lifestyle choices are particularly strong amongst younger consumers, a consumer segment that represents a large segment of local and regional demographics.

4.22%
Growth in Beauty Tech

This emerging segment has been growing at 4.22% steadily over the last decade as female empowerment and other social drivers have propelled women to make lifestyle changes. Experts are predicting significant growth. Business opportunities for device manufacturers and new technologies for home and salon use, as well as for cosmetic medical procedures will see increasing demand in 2024 and beyond.

Saudi Woman Beauty Brochure