From 2013, the imports of hair lacquers to the UAE fluctuated significantly. Initially, there was a declining trend from 2013 to 2016, followed by a sharp increase in 2017 and steady growth through 2023. By 2023, the value stood at 7.197 million USD. Over the last two years, the year-on-year variations were modest, around 2.9% and 2.76%, indicating stable growth. The five-year CAGR leading up to 2023 was 0.58%, showing a slow but consistent upward trend.
A forecast for 2028 denotes a 10.76% growth rate with a 2.06% five-year CAGR, which suggests a consistent increase in imports. Trends over the longer term show recovery and stabilization post-2016 with an overall upward trajectory. Future trends to watch for include consumer shifts towards eco-friendly products and the influence of beauty industry innovations on hair lacquer demand.
