Middle East and Africa Cosmeceuticals Market Forecast to 2028

Middle East and Africa Cosmeceuticals Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Active Ingredient (Antioxidants, Peptides and Proteins, Exfoliants, Retinoids, Botanicals, and Others), Distribution Channel (Supermarkets/Hypermarkets, Online Retail Stores, Convenience Stores, Specialist Stores, and Other Distribution Channels), and Product (Skin Care, Hair Care, Oral Care, and Others)

Report Code : BMIRE00025249 | Region : LAMEA | Industry : Pharmaceuticals | Published Date : 06/Jul/2022

The cosmeceuticals market in MEA is expected to grow from US$ 3,612.99 million in 2021 to US$ 6,164.20 million by 2028; it is estimated to grow at a CAGR of 7.9% from 2021 to 2028.

The COVID-19 pandemic forced consumers to live inside the confines of homes, which enhanced digitalization over every aspect of their lives. People who were previously unwilling to adopt technology into their lives completely rely on digital technology to continue their daily activities. This dependence on technology also increased the exposure to blue light. Blue light is known to have damaging effects on the skin. This allows cosmeceutical brands to provide innovative ingredients to minimize blue light’s damaging impact on the skin. Blue light protection is one of the most anticipated and significant trends that is expected in the future. The customers want to take care of their skin, and cosmeceutical companies are here to help delay the process of skin aging. The market is expected to witness the supply of ingredients such as turmeric and algae in cosmeceutical products.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA cosmeceuticals market. The MEA cosmeceuticals market is expected to grow at a good CAGR during the forecast period.

MEA Cosmeceuticals Market Revenue and Forecast to 2028 (US$ Million)

MEA Cosmeceuticals Market Segmentation

MEA cosmeceuticals market is segmented into active ingredient, distribution channel, product and country. By active ingredient, the cosmeceuticals market is segmented into antioxidants, peptides and proteins, exfoliants, retinoids, botanicals, and others. The antioxidants segment held the largest market share in 2021. The MEA cosmeceuticals market, based on distribution channel, is segmented into supermarket/hypermarket, online retail stores, convenience stores, specialist stores, and other distribution channels. In 2021, the supermarket/hypermarket segment held the largest share of the market. The cosmeceuticals market, by product, is segmented into skin care, hair care, oral care, and others. The skin care segment held the largest share of the market in 2021. Based on country, the MEA cosmeceuticals market is segmented into Saudi Arabia, South Africa, UAE, and the Rest of MEA.

Allergan, Amway Corp., Avon Products Inc., BASF SE, Beiersdorf Global, Croda International Plc, Johnson & Johnson, L'Oreal, Procter & Gamble, and Unilever plc are among the leading companies in the MEA cosmeceuticals market.

Supermarket/Hypermarkets Segment to Dominate MEA Cosmeceuticals Market during 2020–2028

According to a new market research study on “MEA Cosmeceuticals Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Active Ingredient, Distribution Channel, and Product ” is expected to reach 6,164.20 US$ million by 2028 from 3,612.99 US$ million in 2021. The market is estimated to grow at a CAGR of 7.9% from 2021 to 2028. The report provides trends prevailing in the MEA cosmeceuticals market along with the drivers and restraints pertaining to the market growth. Upcoming of enhanced blue light protection is the major factor driving the growth of the MEA cosmeceuticals market. However, issues associated with strict regulatory approvals hinders the growth of MEA cosmeceuticals market.

MEA cosmeceuticals market is segmented into active ingredient, distribution channel, product, and country. By active ingredient, the cosmeceuticals market is segmented into antioxidants, peptides and proteins, exfoliants, retinoids, botanicals, and others. The antioxidants segment held the largest market share in 2021. The MEA cosmeceuticals market, based on distribution channel, is segmented into supermarket/hypermarket, online retail stores, convenience stores, specialist stores, and other distribution channels. In 2021, the supermarket/hypermarket segment held the largest share of the market. The cosmeceuticals market, by product, is segmented into skin care, hair care, oral care, and others. The skin care segment held the largest share of the market in 2021. Based on country, the MEA cosmeceuticals market is segmented into Saudi Arabia, South Africa, UAE, and the Rest of MEA.

Allergan, Amway Corp., Avon Products Inc., BASF SE, Beiersdorf Global, Croda International Plc, Johnson & Johnson, L'Oreal, Procter & Gamble, and Unilever plc are among the leading companies in the MEA cosmeceuticals market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 MEA Cosmeceuticals Market – By Active Ingredient

1.3.2 MEA Cosmeceuticals Market – By Distribution Channel

1.3.3 MEA Cosmeceuticals Market – By Product

1.3.4 MEA Cosmeceuticals Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. MEA Cosmeceuticals Market – Market Landscape

4.1 Overview

4.2 MEA PEST Analysis

4.3 Experts Opinion

5. MEA Cosmeceuticals Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 High Demand of Anti-ageing Products

5.1.2 Rising Popularity Male Grooming Products

5.2 Market Restraints

5.2.1 Effect of COVID-19 Pandemic

5.2.2 Stringent Regulatory Approvals

5.3 Market Opportunities

5.3.1 New Opportunities in Emerging Countries

5.4 Future Trends

5.4.1 Blue Light Protection Becoming Popular

5.5 Impact Analysis

6. Cosmeceuticals Market– MEA Analysis

6.1 MEA Cosmeceuticals Market Revenue Forecast and Analysis

6.2 MEA Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

7. MEA Cosmeceuticals Market Revenue and Forecasts To 2028– by Active Ingredient

7.1 Overview

7.2 MEA Cosmeceuticals Market, By Active Ingredients, 2021 & 2028 (%)

7.3 Antioxidants

7.3.1 Overview

7.3.2 Antioxidants: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

7.4 Peptides and Proteins

7.4.1 Overview

7.4.2 Peptides and Proteins: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

7.5 Exfoliants

7.5.1 Overview

7.5.2 Exfoliants: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

7.6 Retinoids

7.6.1 Overview

7.6.2 Retinoids: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

7.7 Botanicals

7.7.1 Overview

7.7.2 Botanicals: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

8. MEA Cosmeceuticals Market Revenue and Forecasts To 2028 – Distribution Channel

8.1 Overview

8.2 MEA Cosmeceuticals Market Share by Distribution Channel - 2021 & 2028 (%)

8.3 Supermarket/Hypermarket

8.3.1 Overview

8.3.2 Supermarket/Hypermarket: Cosmeceuticals Market Revenue and Forecast to 2028 (US$ Million)

8.4 Online Retail Stores

8.4.1 Overview

8.4.2 Online Retail Stores: Cosmeceuticals Market Revenue and Forecast to 2028 (US$ Million)

8.5 Convenience Stores

8.5.1 Overview

8.5.2 Convenience Stores: Cosmeceuticals Market Revenue and Forecast to 2028 (US$ Million)

8.6 Specialist Stores

8.6.1 Overview

8.6.2 Specialist Stores: Cosmeceuticals Market Revenue and Forecast to 2028 (US$ Million)

9. MEA Cosmeceuticals Market Revenue and Forecasts To 2028 – Products

9.1 Overview

9.2 MEA Cosmeceuticals Market Share by Products - 2021 & 2028 (%)

9.3 Skin Care

9.3.1 Overview

9.3.2 Skin Care: Cosmeceuticals Market Revenue and Forecast to 2028 (US$ Million)

9.4 Hair Care

9.4.1 Overview

9.4.2 Hair Care: Cosmeceuticals Market Revenue and Forecast to 2028 (US$ Million)

9.5 Oral Care

9.5.1 Overview

9.5.2 Oral Care: Cosmeceuticals Market Revenue and Forecast to 2028 (US$ Million)

10. MEA Cosmeceuticals Market Revenue and Forecasts to 2028 – Country Analysis

10.1 Overview

10.1.1.1 UAE: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.1.1 Overview

10.1.1.1.2 UAE: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.1.3 UAE: Cosmeceuticals Market Revenue and Forecasts to 2028, By Active Ingredients (US$ Million)

10.1.1.1.4 UAE: Cosmeceuticals Market Revenue and Forecasts To 2028, By Distribution Channel (US$ Million)

10.1.1.1.5 UAE: Cosmeceuticals Market Revenue and Forecasts To 2028, By Product (US$ Million)

10.1.1.2 Saudi Arabia: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.2.1 Overview

10.1.1.2.2 Saudi Arabia: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.2.3 Saudi Arabia: Cosmeceuticals Market Revenue and Forecasts to 2028, By Active Ingredients (US$ Million)

10.1.1.2.4 Saudi Arabia: Cosmeceuticals Market Revenue and Forecasts To 2028, By Distribution Channel (US$ Million)

10.1.1.2.5 Saudi Arabia: Cosmeceuticals Market Revenue and Forecasts To 2028, By Product (US$ Million)

10.1.1.3 South Africa: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.3.1 Overview

10.1.1.3.2 South Africa Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.3.3 South Africa: Cosmeceuticals Market Revenue and Forecasts to 2028, By Active Ingredients (US$ Million)

10.1.1.3.4 South Africa: Cosmeceuticals Market Revenue and Forecasts To 2028, By Distribution Channel (US$ Million)

10.1.1.3.5 South Africa: Cosmeceuticals Market Revenue and Forecasts To 2028, By Product (US$ Million)

10.1.1.4 Rest of MEA: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.4.1 Overview

10.1.1.4.2 Rest of MEA: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.4.3 Rest of MEA: Cosmeceuticals Market Revenue and Forecasts to 2028, By Active Ingredients (US$ Million)

10.1.1.4.4 Rest of MEA: Cosmeceuticals Market Revenue and Forecasts To 2028, By Distribution Channel (US$ Million)

10.1.1.4.5 Rest of MEA: Cosmeceuticals Market Revenue and Forecasts To 2028, By Product (US$ Million)

11. Cosmeceuticals Market–Industry Landscape

11.1 Overview

11.2 Growth Strategies Done by the Companies in the Market (%)

11.3 Organic Developments

11.3.1 Overview

11.4 Inorganic Developments

11.4.1 Overview

12. Company Profiles

12.1 L'OREAL GROUP

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Beiersdorf

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Croda International plc

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Amway Corp.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Allergan Plc.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Unilever

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Procter & Gamble

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Avon Products

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 BASF SE

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Johnson and Johnson Services, Inc.

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES.

Table 1.             UAE Cosmeceuticals Market, by Active Ingredients – Revenue and Forecast to 2028 (USD Million)

Table 2.             UAE Cosmeceuticals Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 3.             UAE Cosmeceuticals Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 4.             Saudi Arabia Cosmeceuticals Market, by Active Ingredients – Revenue and Forecast to 2028 (USD Million)

Table 5.             Saudi Arabia Cosmeceuticals Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 6.             Saudi Arabia Cosmeceuticals Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 7.             South Africa Cosmeceuticals Market, by Active Ingredients – Revenue and Forecast to 2028 (USD Million)

Table 8.             South Africa Cosmeceuticals Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 9.             South Africa Cosmeceuticals Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 10.          Rest of MEA Cosmeceuticals Market, by Active Ingredients – Revenue and Forecast to 2028 (USD Million)

Table 11.          Rest of MEA Cosmeceuticals Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)

Table 12.          RoMEA Cosmeceuticals Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 13.          Organic Developments Done By Companies

Table 14.          Inorganic Developments Done By Companies

Table 15.          Glossary of Terms

LIST OF FIGURES.

Figure 1.           MEA Cosmeceuticals Market Segmentation

Figure 2.           MEA Cosmeceuticals Market, By Country

Figure 3.           MEA Cosmeceuticals Market Overview

Figure 4.           Skin Care Segment Held Largest Share of Product Segment in MEA Cosmeceuticals Market

Figure 5.           UAE is Expected to Show Remarkable Growth During the Forecast Period

Figure 7.           Middle East And Africa: PEST Analysis

Figure 8.           Experts Opinion

Figure 9.           Impact Analysis of Drivers and Restraints Pertaining to MEA Cosmeceuticals Market

Figure 10.        MEA Cosmeceuticals Market – By Revenue Forecast and Analysis – 2019 - 2028

Figure 11.        MEA Cosmeceuticals Market, by Active Ingredients, 2021 & 2028 (%)

Figure 12.        MEA Antioxidants: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

Figure 13.        MEA Proteins and Peptides: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

Figure 14.        MEA Exfoliants: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

Figure 15.        MEA Retinoids: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

Figure 16.        MEA Botanicals: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

Figure 17.        MEA Cosmeceuticals Market Share by Distribution Channel - 2021 & 2028 (%)

Figure 18.        MEA Supermarket/Hypermarket: Cosmeceuticals Market Revenue and Forecasts To 2028 (US$ Million)

Figure 19.        MEA Online Retail Stores: Cosmeceuticals Market Revenue and Forecasts To 2028 (US$ Million)

Figure 20.        MEA Convenience Stores: Cosmeceuticals Market Revenue and Forecasts To 2028 (US$ Million)

Figure 21.        MEA Specialist Stores: Cosmeceuticals Market Revenue and Forecasts To 2028 (US$ Million)

Figure 22.        MEA Cosmeceuticals Market Share by Products - 2021 & 2028 (%)

Figure 23.        MEA Skin Care: Cosmeceuticals Market Revenue and Forecasts To 2028 (US$ Million)

Figure 24.        MEA Hair Care: Cosmeceuticals Market Revenue and Forecasts To 2028 (US$ Million)

Figure 25.        MEA Oral Care: Cosmeceuticals Market Revenue and Forecasts To 2028 (US$ Million)

Figure 26.        MEA Cosmeceuticals Market Revenue Overview, by Country, 2021 (US$ Million)

Figure 27.        MEA Cosmeceuticals Market Revenue Share, by Country (2020 and 2028)

Figure 28.        UAE: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

Figure 29.        UAE Cosmeceuticals Market Revenue Share, by Active Ingredients (2020 and 2028)

Figure 30.        UAE Cosmeceuticals Market Revenue Share, by Distribution Channel (2020 and 2028)

Figure 31.        UAE Cosmeceuticals Market Revenue Share, by Product (2020 and 2028)

Figure 32.        Saudi Arabia: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

Figure 33.        Saudi Arabia Cosmeceuticals Market Revenue Share, by Active Ingredients (2020 and 2028)

Figure 34.        Saudi Arabia Cosmeceuticals Market Revenue Share, by Distribution Channel (2020 and 2028)

Figure 35.        Saudi Arabia Cosmeceuticals Market Revenue Share, by Product (2020 and 2028)

Figure 36.        South Africa: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

Figure 37.        South Africa Cosmeceuticals Market Revenue Share, by Active Ingredients (2020 and 2028)

Figure 38.        South

Figure 39.        Africa Cosmeceuticals Market Revenue Share, by Distribution Channel (2020 and 2028)

Figure 40.        South Africa Cosmeceuticals Market Revenue Share, by Product (2020 and 2028)

Figure 41.        Rest of MEA: Cosmeceuticals Market Revenue and Forecasts to 2028 (US$ Million)

Figure 42.        Rest of MEA Cosmeceuticals Market Revenue Share, by Active Ingredients (2020 and 2028)

Figure 43.        Rest of MEA Cosmeceuticals Market Revenue Share, by Distribution Channel (2020 and 2028)

Figure 44.        Rest of MEA Cosmeceuticals Market Revenue Share, by Product (2020 and 2028)

Figure 45.        Growth Strategies Done by the Companies in the Market (%)

The List of Companies - Middle East and Africa Cosmeceuticals Market

● Allergan

● Amway Corp.

● Avon Products Inc.

● BASF SE

● Beiersdorf Global

● Croda International Plc

● Johnson & Johnson

● L'Oreal

● Procter & Gamble

● Unilever plc

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA cosmeceuticals market

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the MEA cosmeceuticals market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the cosmeceuticals market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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