The retail value of the GCC’s beauty and personal care market was $9.3 billion in 2016, a 10% rise over 2015, indicates research firm Euromonitor International. Strong growth is expected over the next four years, as consumers look to collectively spend $13.6 billion on their personal well-being in 2020, defying any notion of a market readjustment.
In the UAE, particularly, consumers spent $2.1 billion on beauty and personal care in 2016, with this set to rise to $2.7 billion by 2020. The top five categories are fragrances ($642 million), colour cosmetics ($400 million), skin care and men’s grooming (both $300 million) and hair care ($283 million).
The vibrant market sets the tone and lays the foundation for the 22nd edition of Beautyworld Middle East, which will take place from May 14-16 May at the Dubai International Convention and Exhibition Centre, expected to feature more than 1,500 exhibitors from 60 countries.
“Beautyworld Middle East’s internationality is integral to the overall success of the show, which is why we’re seeing participating exhibitors and visitors from every corner of the world,” says Ahmed Pauwels, CEO of organiser Messe Frankfurt Middle East. “While half of the 37,000-plus beauty professionals and trade buyers are from the GCC, more and more are coming from Iran, Africa, Europe, and as far away as Australia and North and South America.
“Almost all spheres of the industry are represented, which makes it a far-reaching platform that caters to all needs, whether its niche players looking to establish themselves, or large-scale multinationals eager to consolidate their presence,” he adds.
This year the strong international flavour will be underlined by 21 country pavilions from Argentina, Bahrain, Bulgaria, Brazil, China, Egypt, France, Germany, Hong Kong, India, Italy, Korea, Morocco, Pakistan, Spain, Taiwan, Thailand, Tunisia, Turkey, the UK and the US.
J Lindeberg was started by Johan Lindeberg in 1990s with the aimSeptember 2, 2022 | By RetailME Bureau
Majid Al Futtaim has made significant strides toward environmental, social, and corporateJuly 5, 2022 | By RetailME Bureau
British grocer Waitrose has opened its newest store in Abu Dhabi’s Khalifa
UAE-based Al Maya Supermarkets has kicked off its ‘Netherlands Food Week’ that
British grocery retail chain Tesco has announced a price lock on over
Dubai-based grocery retailer Union Coop has successfully obtained the ISO 22301, an
Spanish omnichannel supermarket chain Mercadona has announced salary increase amid inflation that
Grocery retail chain Choithrams will open eight convenience stores across Rove Hotels’
Part of regional retail conglomerate GMG, Géant plans to open more than
Online share in FMCG sales has been growing all over the world,
Majid Al Futtaim Retail, operator of the Carrefour franchise in the Middle
UAE-based diversified conglomerate GMG and Silal have signed a memorandum of understanding
Abu Dhabi based grocery retail chain Lulu Group has partnered with Amazon
UAE-government-led initiative Food Tech Valley – announced in 2021 by His Highness
Panda Retail Company yesterday held its first annual event for suppliers: “PACE”
Majid Al Futtaim, a leader in fashion, shopping mall, communities, and leisure
Middle East’s luxury retailer Chalhoub Group’s homegrown fragrance brand Ghawali has opened
The National Retail Federation and Comexposium Group, one of the leading event organisers
Chalhoub Group’s home-grown beauty brand FACES has unveiled the launch of SKIN
Starting January 9, Apple’s fitness and wellness service Fitness+ will introduce new
As we head towards the end of another eventful year, here’s a
The global femtech market – including software and tech-centric products, services and
A joint venture between AppCorp Global and Lal’s Group of Companies, Harley
Beauty omni-retailer FACES, part of Chalhoub Group, has partnered with The Detox
The Dubai Festivals and Retail Establishment (DFRE) has unveiled an exciting line-up