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FINANCIAL NEWS
KSA, UAE consumers spending on beauty products reach USD 6.85b
08 Mar 2016
(MENAFN) Saudi and UAE consumers spent USD 6.85bn on beauty and personal care products last year, while spending in the two nations set to rise 8 percent in 2016 to USD 7.4bn.
Moreover, the retail value of the beauty and personal care market in KSA was USD 5.21bn last year, while in the UAE shoppers spent USD 1.64bn on beauty products.
In addition, the two nations joined comprise a quarter of the whole Middle East and African beauty and personal market, which had a retail value of USD 27.1bn in 2015.
This comes as the Middle East and Africa overtakes Latin America as the world’s fastest growing beauty and personal care market with estimated value at 4.8 percent.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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