Middle East & Africa Luxury Hair Care Market Size & Outlook
The luxury hair care market in Middle East & Africa is expected to reach a projected revenue of US$ 2,921.7 million by 2030. A compound annual growth rate of 10.8% is expected of Middle East & Africa luxury hair care market from 2024 to 2030.
L'Oreal SA, The Estee Lauder Companies Inc Class A, Kaneka Corp, Kao Corp, KOSE Corp, Seven Haircare, Alcora Corporation, Jose Eber Hair, Philip Kingsley, Kevin Murphy
Other key industry trends
In terms of revenue, MEA region accounted for 6.8% of the global luxury hair care 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 9,300.2 million by 2030.
There are significant growth prospects in the Middle East and Africa market for hair and beauty brands, especially in emerging and untapped markets. The market is marked by robust demographic expansion, increasing urbanization, and a notable rise in purchasing power.
The youthfulness of the population is a significant factor driving the luxury hair care market. About 50% of the population is under the age of 35–40, indicating the presence of young and well-educated consumers. The growing tourism has also contributed to the rising income and spending power.
In May 2023, a collaborative effort between international airline Emirates, sustainable haircare brand Davines, and luxury beauty brand Dior Beauty resulted in the inauguration of a cutting-edge beauty hub for cabin crew in Dubai.
Middle East & Africa Luxury Hair Care 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 Luxury Hair Care Market Outlook will help companies and investors design strategic landscapes.
Shampoos was the largest segment with a revenue share of 30.68% in 2023.
Horizon Databook has segmented the Middle East & Africa luxury hair care market based on shampoos, conditioners, hair coloring products, hair styling products, hair oil covering the revenue growth of each sub-segment from 2018 to 2030.
There are significant growth prospects in the Middle East and Africa market for hair and beauty brands, especially in emerging and untapped markets. The market is marked by robust demographic expansion, increasing urbanization, and a notable rise in purchasing power.
The youthfulness of the population is a significant factor driving the luxury hair care market. About 50% of the population is under the age of 35–40, indicating the presence of young and well-educated consumers. The growing tourism has also contributed to the rising income and spending power.
In May 2023, a collaborative effort between international airline Emirates, sustainable haircare brand Davines, and luxury beauty brand Dior Beauty resulted in the inauguration of a cutting-edge beauty hub for cabin crew in Dubai.
Middle East & Africa Luxury Hair Care Market Product Outlook (Revenue, USD Million , 2018-2030)
Shampoos
Conditioners
Hair Coloring Products
Hair Styling Products
Hair Oil
Others
Middle East & Africa Luxury Hair Care Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
Hypermarkets & Supermarkets
Pharmacy & Drugstore
Specialty Stores
Online
Others
Middle East & Africa Luxury Hair Care Market Price Range Outlook (Revenue, USD Million , 2018-2030)
USD 30 to USD 65
USD 65 to USD 100
USD 100 to USD 150
USD 150 to USD 200
Above USD 200
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Luxury Hair Care Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Luxury Hair Care Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Luxury Hair Care Market, 2018-2030 (US$M)