Middle East & Africa Facial Skincare Market Size & Outlook
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MEA facial skincare market highlights
- The MEA facial skincare market generated a revenue of USD 3,952.9 million in 2023.
- The market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, facial creams was the largest revenue generating product in 2023.
- Facial Creams is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
Market revenue in 2023 | USD 3,952.9 million |
Market revenue in 2030 | USD 5,447.0 million |
Growth rate | 4.7% (CAGR from 2024 to 2030) |
Largest segment | Facial creams |
Fastest growing segment | Facial Creams |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Facial Creams, Serums & Masks, Skin-whitening & Anti-Ageing |
Key market players worldwide | L'Oreal SA, Procter & Gamble Co, Oriflame Hungary, Unilever PLC, The Estee Lauder Companies Inc Class A, Johnson & Johnson |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.1% of the global facial skincare market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 36,898.2 million by 2030.
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Facial Skincare Market Scope
Facial Skincare Market Companies
Name | Profile | # Employees | HQ | Website |
---|---|---|---|---|
Oriflame Hungary | View profile | 101-250 | Budapest, Budapest, Hungary, Europe | https://www.oriflame.hu |
The Estee Lauder Companies Inc Class A | View profile | 62000 | 767 Fifth Avenue, New York, NY, United States, 10153 | https://www.elcompanies.com |
L'Oreal SA | View profile | 94605 | 41, Rue Martre, Clichy Cedex, Paris, France, 92117 | https://www.loreal.com |
Unilever PLC | View profile | 128377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | https://www.unilever.com |
Procter & Gamble Co | View profile | 107000 | One Procter and Gamble Plaza, Cincinnati, OH, United States, 45202 | https://www.pginvestor.com |
Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Middle East & Africa facial skincare market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to facial skincare market will help companies and investors design strategic landscapes.
Facial creams was the largest segment with a revenue share of 36.59% in 2023. Horizon Databook has segmented the Middle East & Africa facial skincare market based on facial creams, serums & masks, skin-whitening & anti-ageing covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa facial skincare market databook
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Our clientele includes a mix of facial skincare market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa facial skincare market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa facial skincare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA facial skincare market size, by country, 2018-2030 (US$M)
Middle East & Africa Facial Skincare Market Outlook Share, 2023 & 2030 (US$M)
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