Qatar Cosmetic Products Market Size (2024 - 2029)

Qatar Cosmetic Products Market Analysis

The Qatar Cosmetic Products Market size is estimated at USD 126.48 million in 2024, and is expected to reach USD 170.54 million by 2029, growing at a CAGR of 6.16% during the forecast period (2024-2029).

The market is majorly driven by the young working population of the country due to the growing consciousness of physical appearance is more and willingness to invest in grooming. The rising trend of using natural ingredients in cosmetic products is observed among various manufacturers. This trend caters to customers' ever-increasing demand for natural or organic cosmetic products. These cosmetic products are labeled and manufactured according to the regulations specified by government bodies to guarantee product safety. Social media has become one of the most strategic marketing channels, and thus, prominent companies are implementing social media strategies to boost their brand awareness and enhance exposure and sales. Social media allows brands to reach a growing number of social network users and reach the potential target audience. For instance, in January 2022, according to data from GSMA Intelligence (Global System for Mobile Communications Association), mobile connections in Qatar reportedly were equal to 151.8% of the country's total population. As per data made public in Meta's advertising tools, there were 1.20 million Instagram users in Qatar at the beginning of 2022. By this number, 40.6% of the country's population in Qatar could be reached through Instagram ads by the beginning of the year.

The growing trend of organic concepts through online stores for bio-cosmetic products is also expected to boost the growth of natural and organic beauty and personal care products. Consumer demand for enhanced functionality and eco-friendliness in cosmetic design is resulting in exciting innovations in the packaging and design of cosmetics products. However, factors such as limited production and price fluctuations in the country are restraining the market's growth. Subsequently, the increasing demand for natural and organic cosmetic products is encouraging manufacturers to introduce plant-extracted ingredients into their products.

Qatar Cosmetic Products Industry Segmentation

Cosmetics are constituted mixtures of chemical compounds derived from either natural sources or synthetically created ones. Cosmetics products are applied to the human body for cleaning, beautifying, etc. The Qatari cosmetics products market is segmented by product type and distribution channel. Based on product type, the market is segmented into color cosmetics and hairstyling and coloring products. The color cosmetics segment is further segmented into facial makeup products, eye makeup products, and lip and nail makeup products. Hair styling and coloring product are further sub-segmented into hair colors and hair styling products. Based on the distribution channel, the market studied is segmented into hypermarkets/supermarkets, specialty stores, pharmacies and drug stores, online retail stores, and other distribution channels. For each segment, the market sizing and forecasts have been done on the basis of value (in USD).