Based on the forecast data, the import of beauty, make-up, and skin care preparations to Saudi Arabia is projected to grow steadily from 2024 to 2028. In 2023, the import value stood at 690.5 million USD. The forecast for 2024 shows an import value of 707.76 million USD, indicating a year-on-year increase of approximately 2.5%. Continuing this trend, the projected values for 2025, 2026, 2027, and 2028 show year-on-year growth rates of around 2.7%, 2.6%, 2.5%, and 2.4%, respectively. Over the forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is estimated to be about 2.5%.
Future trends to watch for include the rising influence of social media and beauty influencers in driving consumer preferences, the increasing demand for organic and natural beauty products, and the potential impact of economic and regulatory changes in Saudi Arabia on the import of beauty and skincare products.