Middle East Cosmetic Foundation Market: Current Analysis and Forecast (2023-2030)

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Emphasis on Product Type (Powder, Oil, Emulsifier, Cream, and Others); Application (Households, Entertainment Industry, Salons, and Others); Distribution Channel (Supermarket and Hypermarket, Online Retail, Specialty Stores, and Others); and End User (Men and Women); Country

Pages:

80

Table:

23

Figure:

24

Report ID:

UMCG212302

Geography:

Clear
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Report Description
Table of content
Research Methodology

Report Description

Middle East Cosmetic Foundation Market
Middle East Cosmetic Foundation Market

The Middle East Cosmetic Foundation Market was valued at USD xx Million in 2022 and is expected to grow at a strong CAGR of around 7.0% during the forecast period (2023-2030). Cosmetic foundation is a type of makeup product that is used to create a smooth, even complexion on the face. It is typically applied after moisturizer and before other makeup products such as concealer, blush, and bronzer. Cosmetic foundations come in various forms, including liquid, cream, powder, and cushion. They are available in a wide range of shades to match different skin tones and undertones. Foundations are designed to provide coverage, hide imperfections, even out skin tone, and create a flawless finish. They can also help to smooth out the skin’s texture, minimize the appearance of pores, and provide a base for other makeup products to adhere to. Different foundations also offer different levels of coverage, ranging from sheer to full coverage. Sheer foundations provide a natural, lightweight coverage, while full coverage foundations offer an opaquer finish that can cover blemishes, discoloration, and other skin concerns. The Middle East cosmetic foundation market has been growing steadily in recent years. One of the major factors driving the growth of the market is the increasing disposable income and changing lifestyles of consumers in the region. As people become more conscious about their appearance, the demand for cosmetic products like foundation, including brands from both local and international manufacturers, has been increasing.

There have been several recent developments in the cosmetic industry in the Middle East. One significant trend is the rise of local cosmetic brands that are gaining popularity not only within the region but also globally. One example is Huda Beauty, a cosmetic brand founded by Iraqi American beauty blogger Huda Kattan. The brand has gained a massive following and is known for its high-quality products and innovative formulas. Huda Beauty has expanded its product range to include a wide range of cosmetic products, including foundations, which have been highly praised for their inclusive shade range and long-lasting formula.

 

Some of the major players operating in the market are L’Oreal Paris, MAC Cosmetics, Maybelline New York, Estée Lauder, NARS Cosmetics, Bobbi Brown, Revlon, Clinique, Dior, and Max Factor. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst product type, the emulsifier segment to grow with high CAGR during the forecast period”

The emulsifier segment is anticipated to grow at the highest CAGR during the forecast period. Emulsifier foundations are a combination of oil and water-based ingredients. They are designed to provide hydration without making the skin too oily or greasy. These foundations usually have a lightweight texture and can be used on various skin types. They offer a natural or satin finish and provide medium coverage.

“Amongst application, the entertainment industry category to grow with high CAGR during the forecast period”

The entertainment industry is anticipated to grow at the highest CAGR during the forecast period. The entertainment industry segment consists of cosmetic foundation products used by professionals in the TV, film, theater, and fashion industries. These products are specifically designed to meet the demands of high-definition cameras and stage lighting, ensuring a flawless appearance for performers and models.

Middle East Cosmetic Foundation Market Report Coverage

Middle East Cosmetic Foundation Market
Middle East Cosmetic Foundation Market

“Saudi Arabia to hold a dominant share of the market in 2022”

Saudi Arabia led the market in 2022. The cosmetic foundation industry in Saudi Arabia has experienced significant growth in recent years. With a rapidly expanding population and increasing disposable income, the demand for cosmetic products, including foundations, has risen. Saudi Arabia is a country where women place great importance on beauty and personal grooming. Wearing makeup, including foundation, is a common practice among Saudi women. This cultural norm, combined with the influence of international beauty trends, has fueled the growth of the cosmetic foundation industry. Both international and local brands have a strong presence in the Saudi Arabian market. International brands such as MAC, L’Oreal, Maybelline, Estée Lauder, and NARS are popular among consumers for their quality and wide range of shades. These brands are widely available in shopping malls, beauty stores, and online platforms.

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
  • The report presents a quick review of overall industry performance at one glance.
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
  • The study comprehensively covers the market across different segments.
  • Deep dive regional level analysis of the industry.

Customization Options:

The Middle East Cosmetic Foundation Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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1.1.         Market Definitions
1.2.         Main Objective
1.3.         Stakeholders
1.4.         Limitation

 

2.1.         Research Process of the Cosmetic Foundation Market
2.2.         Research Methodology of the Cosmetic Foundation Market
2.3.         Respondent Profile 
3MARKET SYNOPSIS
4EXECUTIVE SUMMARY
5.     MIDDLE EAST COSMETIC FOUNDATION MARKET COVID-19 IMPACT
6.     MIDDLE EAST COSMETIC FOUNDATION MARKET REVENUE, 2020-2030F
7.1.    Powder
7.2.    Oil 
7.3.    Emulsifier
7.4.    Cream
7.5.    Others
8.1.    Households
8.2.    Entertainment Industry
8.3.    Salons
8.4.    Others
9.1.    Supermarket and Hypermarket
9.2.    Online Retail
9.3.    Specialty Stores
9.4.    Others
10.1.         Men
10.2.         Women
11.1.         UAE 
11.2.         Saudi Arabia
11.3.         Egypt 
11.4.         Iran 
11.5.         Turkey 
11.6.         Rest of Middle East
12.1.         Market Drivers
12.2.         Market Challenges
12.3.         Impact Analysis
13. COSMETIC FOUNDATION MARKET OPPORTUNITIES
14. COSMETIC FOUNDATION MARKET TRENDS
15.1.         Demand Side Analysis 
15.2.         SUPPLY SIDE ANALYSIS

 

16. LEADING ASSOCIATIONS-COSMETIC FOUNDATION
17. REGULATIONS GOVERNING COSMETIC FOUNDATIONS IN THE MIDDLE EAST
18. PRICING ANALYSIS
19. STRATEGIC RECOMMENDATION AND WAY FORWARD
20. SUCCESS CASE EXAMPLES
21. VALUE CHAIN ANALYSIS
22.1.         Porter’s Five Forces Analysis
22.2.         Competitive Landscape
22.2.1.    Product Positioning Mapping
22.2.2.    Key Mergers and Acquisitions/Partnerships
22.2.3.    Product Launches 
23.1.         L’Oreal Paris
23.2.         MAC Cosmetics
23.3.         Maybelline New York
23.4.         Estée Lauder
23.5.         NARS Cosmetics
23.6.         Bobbi Brown
23.7.         Revlon 
23.8.         Clinique 
23.9.         Dior 
23.10.      Max Factor 
24.1.     Go to Market Strategy Framework
24.2.     Business Model
25. DISCLAIMER

Research Methodology

Research Methodology for the Middle East Cosmetic Foundation Market Analysis (2023-2030)

Analyzing the historical market, estimating the current market, and forecasting the future market of the Middle East Cosmetic Foundation Market were the three major steps undertaken to create and analyze the adoption of the Middle East Foundation in major countries. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the Middle East Cosmetic Foundation Market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the Middle East Cosmetic Foundation Market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the Middle East Cosmetic Foundation Market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report product type, application, distribution channel, and end user. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Middle East Cosmetic Foundation Market. Further, we conducted factor analysis using dependent and independent variables such product type, application, distribution channel, and end user of the Middle East Cosmetic Foundation Market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Middle East Cosmetic Foundation Market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Middle East Cosmetic Foundation Market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 for different segments and sub-segments across the major markets. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of revenue (USD) and the adoption rate of the Middle East Cosmetic Foundation Market across the major markets domestically
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the Middle East Cosmetic Foundation Market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Key Stakeholders of Cosmetic Foundation Market in the Middle East Region

Middle East Cosmetic Foundation Market
Middle East Cosmetic Foundation Market

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the Middle East Cosmetic Foundation Market. The data was split into several segments & sub-segments post studying various parameters and trends in the areas of the product type, application, distribution channel, and end user of the Middle East Cosmetic Foundation Market.

The main objective of the Middle East Cosmetic Foundation Market Study

The current & future market trends of the Middle East Cosmetic Foundation Market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional and country level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of the Middle East Cosmetic Foundation Market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include areas of the product type, application, distribution channel, and end user
  • Define and analysis of the regulatory framework for the Middle East Foundation industry
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
  • Analyze the current and forecast market size of the Middle East Cosmetic Foundation Market for the major region
  • Major countries of regions studied in the report include Saudi Arabia, UAE, Egypt, Iran, and the Rest of Middle East
  • Company profiles of the Middle East Cosmetic Foundation Market and the growth strategies adopted by the market players to sustain in the fast-growing market
  • Deep dive regional level analysis of the industry

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