Saudi Arabia Personal Care & Cosmetic Ingredients Market

Introduction of the Saudi Arabia Personal Care & Cosmetic Ingredients Market Report

Personal care and cosmetic ingredients are used in skincare products that help individuals maintain beauty and hygiene at the same time. These ingredients are used in various applications such as skincare, haircare, oral care, make-up, among others.

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Major Saudi Arabia Personal Care & Cosmetic Ingredients Market Drivers

Some of the key factors driving Saudi Arabia’s personal care and cosmetic ingredient market include increasing awareness regarding the high-quality ingredients and the rising purchasing power of consumers. Increased demand and consumption of cosmetic and personal care products and the increasing focus on male grooming products will further support the growth of the market in Saudi Arabia. Furthermore, a consumer is shifting towards natural and bio-based personal care and cosmetic ingredients, which will create opportunities for manufacturers to grow in Saudi Arabia Personal Care & Cosmetic Ingredients Market. The prevalence of high temperatures in Saudi Arabia will propel the growth of the Personal Care & Cosmetic Ingredients Market. Moreover, rising internet penetration is driving awareness regarding personal care and cosmetic products in Saudi Arabia.

The Saudi Food and Drug Authority is responsible for ensuring the quality and safety of imported cosmetic and personal care products into the Kingdom of Saudi Arabia. The main objective of SFDA is to ensure the safety of the cosmetic and personal care products before the people in Saudi Arabia use them. In addition, various government initiatives are launched to support the imported cosmetic and personal care products which will upsurge the growth of the Saudi Arabia Personal Care & Cosmetic Ingredients Market.

Restraint in the Saudi Arabia Personal Care & Cosmetic Ingredients Market

However, the outbreak of the COVID-19 pandemic adversely affected the cosmetic and personal care industry which hampered the growth of the Saudi Arabia Personal Care & Cosmetic Ingredients Market.

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Application – Segment Analysis

Based on the application, skincare is projected to increase at the highest CAGR during the forecast period due to the increasing demand for skin care products such as facial care products and body care products. Increasing awareness related to the benefits of skincare products and the rising young population will propel the growth of skincare in Saudi Arabia. In addition to this, increasing consumer preference for a sophisticated lifestyle is likely to support Saudi Arabia Personal Care & Cosmetic Ingredients Market. Major players are introducing halal-based products that will drive the market in the future.

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Segments covered in the Report:

The Saudi Arabia Personal Care & Cosmetic Ingredients market has been segmented on the basis of Ingredient, Application. Based on Ingredient, the market is segmented into Emollients, Surfactants, Rheology Modifiers, Emulsifiers, Conditioning Polymers, and Others. Based on Application, the market is segmented into Skin Care, Hair Care, Oral Care, Make-up, Others. 

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Key questions answered in this research report:

• • At what pace is Saudi Arabia Personal Care & Cosmetic Ingredients market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Saudi Arabia Personal Care & Cosmetic Ingredients market? What will be the impact of drivers and restraints in the future?
  • Which Ingredient generated maximum revenues in 2022 and identify the most promising Ingredient during the forecast period?
  • What are the various Application areas of Saudi Arabia Personal Care & Cosmetic Ingredients market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Saudi Arabia Personal Care & Cosmetic Ingredients Market by Ingredient

• • Emollients
  • Surfactants
  • Emuslifiers
  • Rheology Modifiers
  • Conditioning Polymers
  • Others

Saudi Arabia Personal Care & Cosmetic Ingredients Market by Application

• • Skin Care
  • Hair Care
  • Oral Care
  • Make-up
  • Others