Beautyworld kicks off in Saudi Arabia


October 14, 2018 | By RetailME Bureau

The inaugural edition of Beautyworld Saudi Arabia has started today, October 14, with 147 exhibitors from 19 countries looking to boost their presence in the Middle East’s largest beauty and wellness market.

Running for three days at the Jeddah Centre for Forum and Events, Beautyworld Saudi Arabia is a dedicated trade fair for cosmetics, skincare, haircare, salon supplies and fragrances targeting the Kingdom’s flourishing market.

According to Euromonitor International, the spend on beauty and personal care in the Kingdom is projected to be worth $5.7 billion in 2018, comprising a 52% share of the Gulf region’s market.

That’s a steady 5% increase over an estimated $5.4 billion in retail value for 2017, while Saudi Arabia’s per capita spend on beauty and personal care will reach $154 in 2019, placing it second only to the UAE ($229) for the entire Middle East region.

The impressive opportunities are underlined by a full house of leading manufacturers and suppliers at Beautyworld Saudi Arabia 2018 in the Red Sea port city, with the show’s 14 official launch partners at the forefront eager to boost business opportunities.

With 67% international participation, more than 370 brands, three country pavilions and a busy programme of educational seminars, Beautyworld Saudi Arabia 2018 caters to growing demand for a professional platform in one of the world’s most promising markets.

The three-day event is co-organised by Messe Frankfurt Middle East and Saudi-based ACE Exhibitions, and is the 5th Beautyworld event globally, following annual shows in Dubai (Beautyworld Middle East) and Japan (Beautyworld Japan, Japan West and Japan Fukuoka). It was opened by Mazen Batterjee, vice president, Jeddah Chamber of Commerce.

“We’re continuing to build a portfolio of world-class exhibitions dedicated to the business landscape, industry trends and needs that are unique to Saudi Arabia,” says Nathan Lloyd, COO at Messe Frankfurt Middle East, which also organises Beautyworld Middle East. “Beautyworld Saudi Arabia is the 6th individual event that we’ve successfully launched in the Kingdom with our partner ACE Exhibitions, offering leading international brands and local players alike a pathway to further their relationships in Saudi’s vibrant beauty and wellness market. Over the next three days, thousands of Saudi traders, importers, retailers, distributors and industry professionals can network and expand their knowledge-base, while exhibitors will present their latest wares, from Halal-certified Spanish fine fragrances, to Vegan hair masks with coffee extract from Brazil.”

“We’re excited to launch the first edition of the international Beautyworld brand in Saudi Arabia,” adds Hadi Al-Harith, CEO of ACE Exhibitions. “This renowned brand encompasses the entire range of products and services for the beauty industry. According to Strategic Insights, the market for beauty and personal care in Saudi Arabia is slated to grow at a compound annual growth rate of 3.55% during 2017-25 on account of an increase in average spend by males and females for grooming. This is aided by an increase in per capita income caused by revival of the oil and gas industry, economic diversification, a rising population growth in the age bracket of 20-49, growing urbanisation and greater participation of women in the workforce.”

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


Rajiv Warrier, Chief Executive Officer, Choithrams

Since the launch of its first store in the UAE five decades 

Continue Reading

March 20, 2024 | By RetailME Bureau
Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC

Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC holds 

Continue Reading

February 29, 2024 | By Rupkatha B
Hani Weiss, Chief Executive Officer, Majid Al Futtaim Retail

In 1995 regional retail conglomerate Majid Al Futtaim introduced Carrefour to the 

Continue Reading

February 26, 2024 | By RetailME Bureau
Prashant Parameswaran, Managing Director and Chief Executive Officer of Tata Consumer Soulfull

Tata Soulfull, a leading name in the ‘good-for-you’ snacks and breakfast cereals 

Continue Reading

February 22, 2024 | By Rupkatha B
Jean-Luc Graziato, Chief Commercial Officer of Majid Al Futtaim – Retail and Alia Al Harmoodi, Acting CEO of the Environment, Health and Safety Agency

Majid Al Futtaim – Retail, which holds the exclusive franchise to operate 

Continue Reading

February 20, 2024 | By RetailME Bureau
Krishna Dhanak, Managing Director, Alpen Capital

In an exclusive interview Krishna Dhanak, Managing Director, Alpen Capital shared insights 

Continue Reading

February 19, 2024 | By Rupkatha B
Majed M. Al-Tahan, Co-founder & Managing Director, Danube Online

As digital transformation across the retail industry continues to accelerate, the expectations 

Continue Reading

December 19, 2023 | By RetailME Bureau
Frederic Levy-Perrault, CEO, Al Raya Supermarket

Saudi Arabia-based grocery retail chain Al Raya Supermarket serves over 100,000 customers 

Continue Reading

December 15, 2023 | By RetailME Bureau
Ahmad AR. BinDawood, Chief Executive Officer, BinDawood Holding

BinDawood Holding has a rich Saudi heritage, spanning over 50 years, 38 

Continue Reading

December 13, 2023 | By RetailME Bureau
Majid Al Futtaim Retail commits to Collaborative Impact Goals at COP28

Majid Al Futtaim Retail, which owns the exclusive rights to operate Carrefour 

Continue Reading

December 8, 2023 | By Rupkatha B
BinDawood Holding Company earns Honorary Shield for Compliance Excellence

BinDawood Holding Company has earned an Honorary Shield, a distinguished recognition by 

Continue Reading

December 6, 2023 | By RetailME Bureau
First Movers Coalition for Food to create up to $20-bn value chain for sustainable farming

The World Economic Forum, with support from the Government of the United 

Continue Reading

December 5, 2023 | By RetailME Bureau




Download Images RetailME Magazine