Qatar Cosmetic Products Market

Qatar Cosmetic Products Market Overview: 

The Qatar cosmetic products market size reached US$ 119.92 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 191.5 Million by 2032, exhibiting a growth rate (CAGR) of 5.18% during 2024-2032. The market is primarily driven by the growing tourism, increasing disposable incomes, the growing young population with increasing beauty awareness, expanding retail channels, and a rising preference for premium and natural products, reflecting evolving consumer preferences and lifestyle changes.

Qatar Cosmetic Products Market Trends:

Population Growth Impact

The Planning and Statistics Authority presented data showing a 4.91% rise in Qatar's population as of February 2024, which is increasing the demand for cosmetics across the region. Additionally, the increasing number of prospective customers due to the expanding population is influencing the market growth. This includes a rise in the working-age population, which might boost the amount of disposable cash available for personal care items. Furthermore, the population of Qatar increased significantly from 2.98 million in February 2023 to nearly 3.12 million at the end of February 2024. The demographic data for February 2024 indicates that there are around 2.224 million men and 904,188 women living in Qatar. Thus, the rising demand for a variety of cosmetic items is driven by the growing population and the diversity of customer tastes. This includes items designed for various age groups, genders, and skin types, in line with the growing demographic diversity of the nation. As a result, companies are broadening their product offerings and distribution systems to serve this growing and more diverse customer base, which will propel market growth in Qatar's cosmetics industry.

Growing Tourism

According to Qatar Tourism Report, Qatar experienced a notable surge in arrivals with 1.6 million tourists in the first quarter of 2024. This is a 40% increase over the prior year with around 454,000 tourists from Saudi Arabia arriving in Qatar during this time, accounting for 28% of all foreign visitors. Saudi Arabia continued to be the country of origin for visitors from other countries. Consequently, the local cosmetic market has been greatly influenced by this population increase. Additionally, shopping is a popular pastime for visitors when they travel, with cosmetics being a popular category due to their allure as luxury and boutique items that represent local culture or provide exclusive local brands that are unavailable elsewhere. This surge in travel boosts sales right away and broadens the market for regional businesses, exposing them to a broader, international audience. This trend is likely to encourage retailers to diversify their offerings and potentially lead to increased investment in marketing and retail infrastructure, further propelling the cosmetics industry in Qatar.

Qatar Cosmetic Products Market News:

• March 2024: Catrice Cosmetics introduced its stunning Spring/Summer 2024 collection, featuring the dazzling Shine Bomb Lip Lacquer. This collection, available in seven chic shades, aims to redefine beauty norms and empower you to express your authentic self with every glossy lip application.
• March 2024: SHEGLAM, a leading beauty brand known for its innovation and high standards, launched a special Ramadan promotion in collaboration with Centrepoint. From March 20th to April 12th, customers can exclusively find SHEGLAM's highly anticipated Lunar & Stellar Box Set at 113 Centrepoint stores across Qatar, Kuwait, UAE, Saudi Arabia, and Oman. This limited-time offer showcases SHEGLAM's top-selling products, including the SHEGLAM Color Bloom Liquid Blusher, Love Cake, SHEGLAM Pout-Perfect Shine Lip Plumper - Sepia Kiss, SHEGLAM Dynamatte Boom Long-Lasting Matte Lipstick - High Key, SHEGLAM Brows On Demand 2-In-1 Brow Pencil - Chocolate, and SHEGLAM Jazy Jigsaw Eyeshadow Palette - Hued in Nude. Priced at an unbeatable 110 AED/120 SAR per item, this promotion reflects SHEGLAM's dedication to providing premium beauty essentials at affordable prices without compromising on quality.
   

Qatar Cosmetic Products Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, category, gender, and distribution channel.

Product Type Insights:

• Skin and Sun Care Products
• Hair Care Products
• Deodorants and Fragrances
• Makeup and Color Cosmetics
• Others
   

The report has provided a detailed breakup and analysis of the market based on the product type. This includes skin and sun care products, hair care products, deodorants and fragrances, makeup and color cosmetics, and others.

Category Insights:

• Conventional
• Organic
   

A detailed breakup and analysis of the market based on the category have also been provided in the report. This includes conventional and organic.

Gender Insights:

• Men
• Women
• Unisex
   

The report has provided a detailed breakup and analysis of the market based on the gender. This includes men, women, and unisex.

Distribution Channel Insights:

• Supermarkets and Hypermarkets
• Specialty Stores
• Pharmacies
• Online Stores
• Others
   

A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes supermarkets and hypermarkets, specialty stores, pharmacies, online stores, and others.

Regional Insights:

• Ad Dawhah
• Al Rayyan
• Al Wakrah
• Others
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Ad Dawhah, Al Rayyan, Al Wakrah, and Others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Qatar Cosmetic Products Market Report Coverage:

Key Questions Answered in This Report:

• How has the Qatar cosmetic products market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Qatar cosmetic products market?
• What is the breakup of the Qatar cosmetic products market on the basis of product type?
• What is the breakup of the Qatar cosmetic products market on the basis of category?
• What is the breakup of the Qatar cosmetic products market on the basis of gender?
• What is the breakup of the Qatar cosmetic products market on the basis of distribution channel?
• What are the various stages in the value chain of the Qatar cosmetic products market? 
• What are the key driving factors and challenges in the Qatar cosmetic products?
• What is the structure of the Qatar cosmetic products market and who are the key players?
• What is the degree of competition in the Qatar cosmetic products market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Qatar cosmetic products market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Qatar cosmetic products market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Qatar cosmetic products industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.