Female consumers in Saudi Arabia are highly aware of organic cosmetics and the environmental implications of these products, but price remains a factor impeding use among many, a study finds.
The Middle East is defined as one of the world’s fastest-growing beauty markets, buoyed by strong purchasing power and high international brand engagement, but what names are ahead of the pack?
A new report from TechNavio suggests that sorbitol, a sugar alcohol, is set to see strengthening market growth, driven by the beauty personal care industry’s use of the ingredient.
Euromonitor International, a market research firm, has released its Q4 data for the global beauty and personal care market, downgrading its forecast model to USD 4.4 billion.
Exports account for nearly 20% of the hair care company’s business. And now Truss, like similar beauty brands in the region, is looking to reach more markets in the Middle East.
With emerging markets slowing down, attention has turned to core businesses and untapped markets such as Indonesia, Saudi Arabia, and Turkey. Cosmetics Design caught up with Euromonitor to discuss new growth hot spots.
South Korean firm LG Household & Healthcare has been taking more international steps of late, particularly in cosmetics, what with considering to buy Elizabeth Arden and now making plans to further expand in EMEA.
The Japanese hair care and cosmetics producer has revealed its plans to capitalize on the Middle East’s ‘market potential’ by investing in a Dubai based division.
According to research from analyst Bisnode D&B, 53 per cent of Polish cosmetic retailers are in good financial standing compared to just 26 per cent of all companies across the country.
Despite being in a good financial position and maintaining its position as one of the leading cosmetics companies, L’Oréal has continued to seek out growth, in what has already been an active 2013.
Cosmetics giant L’Oréal has looked to bolster its presence in the Kingdom of Saudi Arabia by establishing a new subsidiary based on a joint venture with Al Naghi Group; a move which will create local jobs.
The Saudi Basic Industries Corporation (SABIC) has shipped its first consignment of ethanolamines and ethoxylates from its manufacturing plant in Jubail, making Saudi Arabia the first ever country in the Middle East to produce and market these advanced...
