Middle East & Africa Natural Cosmetics Market Size & Outlook
Middle East & Africa natural cosmetics market, 2018-2030 (US$M)
MEA natural cosmetics market highlights
- The MEA natural cosmetics market generated a revenue of USD 3,250.7 million in 2023.
- The market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, color cosmetic was the largest revenue generating product in 2023.
- Color cosmetic is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 3,250.7 million |
| Market revenue in 2030 | USD 4,623.8 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Color cosmetic |
| Fastest growing segment | Color cosmetic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Color cosmetic |
Other key industry trends
- In terms of revenue, MEA region accounted for 10.2% of the global natural cosmetics market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,808.0 million by 2030.
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Natural Cosmetics Market Scope
Natural Cosmetics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa natural cosmetics 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 natural cosmetics market will help companies and investors design strategic landscapes.
Color cosmetic was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa natural cosmetics market based on color cosmetic covering the revenue growth of each sub-segment from 2018 to 2030.
Population growth, urbanization, and industrial growth in the Middle East are expected to play an important role in driving natural cosmetics market in the near future. Governments across the Middle East have framed supportive policies to augment the industrial output of automotive, personal care, and food & beverage sectors in order to reduce the reliance on upstream energy industry.
As a result, manufacturers of natural cosmetics are anticipated to establish their manufacturing facilities in the Middle East and tap new markets over the forecast period.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa natural cosmetics market databook
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Our clientele includes a mix of natural cosmetics 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa natural cosmetics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa natural cosmetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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