Key Market Indicators
The cosmetics imports to Saudi Arabia are set to reach $2.3 billion by 2026, up 2.1% year-on-year. In 2021, the country ranked 21st in the world, behind the Czech Republic. China, Germany, and the UK respectively took the second, third, and fourth spots in the ranking. Meanwhile, Saudi Arabia's cosmetics exports are estimated to reach $221.7 million by 2026, a decrease of 0.4% year-on-year. In 2021, the kingdom was 47th in the world, behind Portugal. The US, Germany, and Ireland ranked second, third, and fourth respectively. Since 1996, Saudi demand has increased 1.6% annually, while supply has dropped 5.3% year-on-year.
Latest reports
Saudi Arabia Cosmetics Market Report- Q4 2024
The fourth quarter of 2024 marked a pivotal period for the cosmetics market in Saudi Arabia, significantly influenced by the Kingdom's ongoing economic...
