Saudi Arabia Personal Care Ingredients Market to Grow with a CAGR of 4.52% through 2029

Growth in research and development activities is expected to drive the Saudi Arabia Personal Care Ingredients Market growth in the forecast period, 2025-2029.

According to TechSci Research report, “Saudi Arabia Personal Care Ingredients Market – By Region, Competition, Forecast and Opportunities, 2019-2029F”, the Saudi Arabia Personal Care Ingredients Market stood at USD 228.61 million in 2023 and is anticipated to grow with a CAGR of 4.52% through 2029. The initiatives taken by government based on personal care ingredients has led to favorable market conditions for the Saudi Arabia Personal Care Ingredients Market. Several factors contribute to the growth of various personal care ingredients market products.

Saudi Arabia places great emphasis on adhering to rigorous standards set by the Saudi Standards, Metrology and Quality Organization (SASO) as well as international bodies. These comprehensive standards are designed to guarantee the safety, effectiveness, and quality of a wide range of products, including personal care items. Additionally, the Saudi Food and Drug Authority (SFDA) plays a pivotal role in ensuring the safety of drugs, biological and chemical substances, and cosmetics.

In line with global trends towards sustainability and eco-consciousness, the Saudi Arabian government is actively driving growth in the personal care market. Through various initiatives, they are promoting the development and use of sustainable and environmentally friendly 'clean' beauty products. This commitment to cleaner and greener alternatives not only aligns with global consumer preferences but also positions Saudi Arabia as a leader in the pursuit of a more sustainable and eco-friendly future.

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Research and development activities play a pivotal role in the personal care ingredients industry. By fostering innovation and enabling companies to develop new products, R&D efforts cater to the ever-changing demands of consumers. In Saudi Arabia, the personal care ingredients market is experiencing a significant surge in research and development activities, which not only drive growth but also contribute to the overall advancement of the industry. These R&D endeavors facilitate the exploration of novel formulations, the discovery of cutting-edge ingredients, and the enhancement of product efficacy and safety. As a result, the personal care industry in Saudi Arabia is poised for remarkable growth, attracting investments and propelling advancements that benefit both businesses and consumers alike.

The Saudi Arabia Personal Care Ingredients Market is segmented in type, application, regional distribution, and company.

Based on its type, the emollients segment held the largest share in the market. Emollients are gaining increasing popularity in the beauty industry, driven by the growing clean beauty trend. This trend emphasizes the use of natural and environmentally-friendly products, and many emollients, including nourishing plant oils and rich butters, perfectly align with these principles. As consumers become more conscious of the ingredients they apply to their skin, the demand for emollients continues to rise, making them an essential component in the formulation of clean, sustainable skincare products.

Based on region, Northern & Central segment is expected to grow during the forecast period.

In addition to the importance of distribution networks and accessibility, the availability of personal care products in these regions is further enhanced by their well-established retail sectors. With a wide range of retail outlets, including supermarkets, pharmacies, and beauty stores, consumers have convenient access to personal care products. Furthermore, the growing influence of the internet and social media platforms has revolutionized the way consumers discover, access, and purchase these products. Online shopping platforms and social media advertisements provide a seamless experience, allowing consumers to explore a vast array of personal care products and make informed choices.

Major companies operating in Saudi Arabia Personal Care Ingredients Market are:

• H & R Chemicals Ltd.
• Majid Al Futtaim Holding LLC
• Saudi Arabian Marketing Company
• Saudi Arabian Oil Company
• Unilever PLC

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“Growing application of personal care ingredients in various end user industries are key drivers of the personal care ingredients market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of personal care ingredients with every passing year are anticipated to register an impressive growth to Saudi Arabia Personal Care Ingredients Market in the forecast period”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Saudi Arabia Personal Care Ingredients Market, By Type (Surfactants, Conditioning Polymers, Rheology Control Agents, Emollients, Emulsifiers, Others), By Application (Toiletries, Skin Care, Hair Care, Others), By Region, Competition, Forecast and Opportunities, 2019-2029F”, has evaluated the future growth potential of Saudi Arabia Personal Care Ingredients Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Personal Care Ingredients Market.

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