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Middle East And Africa Beauty & Personal Care Products Market Forecast 2018-2026

Key Findings
The revenue generated by the Middle East and Africa beauty & personal care products market stood at $30.37 billion in 2017. Progressing with an estimated CAGR of 3.14%, the market is expected to account for $39.76 billion by the end of the forecast period of 2018-2026.

Market Insights
A rising demand for eco-friendly and halal brands is presenting this market with lucrative growth opportunities. Saudi Arabia, UAE, Turkey, Israel, and South Africa are prominent markets in this region. The beauty & personal care products market in this region is not just driven by vanity, but aspects like growing consumerism, a rise in personal incomes and increased focus on beauty enhancement products are equally contributing to the market expansion. UAE is witnessing a premiumization trend within beauty and personal care, while rising income levels, retail expansions and the government's initiatives to increase tourism are driving the Saudi market. Turkey is a rapidly developing country and is fast emerging as one of the potential growth markets for beauty & personal care products. In fact, the market is forecasted to exhibit the highest CAGR by the end of 2026.

Competitive Insights
Companies like The Estée Lauder Companies Inc, Revlon, Procter and Gamble, Unilever, L'oreal Group, Avon, L'occitane International S.A, Shiseido, Coty Inc, LVMH Moet Hennessy Louis Vuitton Sa, Mary Kay, and Kao Corporation are competing in the beauty and personal care products market.
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Middle East And Africa Beauty & Personal Care Products Market Forecast 2018-2026
Published By :Inkwood Research
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