How Big is the GCC Cosmetics Market?
The GCC cosmetics market size is projected to exhibit a growth rate (CAGR) of 6.2% during 2024-2032.
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GCC Cosmetics Market Trends and Drivers:
The GCC cosmetics market is witnessing significant growth, primarily driven by factors, such as the increasing disposable income, the growing millennial population, and the elevating focus on personal grooming and appearance. Moreover, the rising influence of social media and beauty content creators is further influencing consumer preferences and behaviors. Apart from this, the rising emphasis on natural and organic products is further propelling the growth of the GCC cosmetics market. Moreover, the increasing health awareness and concerns about synthetic chemicals in cosmetics are also bolstering demand for cosmetic products made from organic, halal-certified, and cruelty-free products.
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