Saudi Arabia Microbiome Skincare Products Market Size & Outlook
Saudi Arabia microbiome skincare products market, 2018-2030 (US$M)
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Saudi Arabia microbiome skincare products market highlights
- The Saudi Arabia microbiome skincare products market generated a revenue of USD 3.5 million in 2023 and is expected to reach USD 6.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, creams was the largest revenue generating product in 2023.
- Serums is the most lucrative product segment registering the fastest growth during the forecast period.
Microbiome skincare products market data book summary
| Market revenue in 2023 | USD 3.5 million |
| Market revenue in 2030 | USD 6.8 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Creams |
| Fastest growing segment | Serums |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Serums, Creams, Masks |
| Key market players worldwide | L'Oreal SA, Unilever PLC, BioGaia AB Class B, AMOREPACIFIC, Amyris, Missha, Eminence Organics, Aveeno, Elizabeth Arden, Glowbiotics, Gallinée |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.9% of the global microbiome skincare products market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa microbiome skincare products market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 6.1 million by 2030.
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Microbiome Skincare Products Market Scope
Microbiome Skincare Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia microbiome skincare products 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 microbiome skincare products market will help companies and investors design strategic landscapes.
Creams was the largest segment with a revenue share of 40% in 2023. Horizon Databook has segmented the Saudi Arabia microbiome skincare products market based on serums, creams, masks covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabian citizens have very high living standards with strong influence from Western culture. Its microbiome skincare products market is growing rapidly, owing to wide acceptance of skin-related treatments and usage of advanced products.
Key drivers of the Saudi Arabian market include a younger and more accepting population with growing beauty & health consciousness, well-established healthcare infrastructure, and growing disposable income. Common factors causing acne in the country are stress, imbalance in oxidants & antioxidants, milk & dairy product consumption, poor hygiene, and menstruation.
Increasing consumer awareness of aesthetic appeal in the country and rapid urbanization are expected to drive the country’s microbiome skincare products market during the forecast period. Scarring and Postinflammatory Hyperpigmentation (PIH) due to acne were found in 60.9% & 72.8% of participants, respectively, as per a ResearchGate survey. These aspects have given rise to low self-esteem and confidence.
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Our clientele includes a mix of microbiome skincare products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia microbiome skincare products market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia microbiome skincare products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia microbiome skincare products market size, by product, 2018-2030 (US$M)
Saudi Arabia Microbiome Skincare Products Market Outlook Share, 2023 & 2030 (US$M)
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