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The Kuwait skin care market is projected to grow at a CAGR of 1.90% between 2025 and 2034. The market is being driven by the robust growth of the e-commerce sector in the country.
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In 2024, after twelve years of growth, there was significant decline in the Kuwaiti cosmetics market, when its value decreased by -41.6% to $213M. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2024: its value increased at an average annual rate of +2.6% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.
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After twelve years of growth, the Kuwaiti market for beauty, make-up and skin care preparations decreased by -32.6% to $168M in 2024. Over the period under review, consumption, however, continues to indicate pronounced growth. Consumption of peaked at $249M in 2023, and then reduced sharply in the following year.
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For the fourth consecutive year, Kuwait recorded growth in overseas purchases of beauty, make-up and skin care preparations, which increased by 15% to 8K tons in 2023.
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After two years of growth, the Kuwaiti skin organic surface-active products market decreased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a strong expansion. Skin organic surface-active products consumption peaked at $X in 2021, and then reduced in the following year.
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Cosmetics Price in Kuwait - 2021. Find the latest marketing data on the IndexBox platform.
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In 2024, after three years of growth, there was significant decline in the Kuwaiti talcum and cosmetic powder market, when its value decreased by -78.2% to $4.3M. In general, consumption showed a deep setback. Over the period under review, the market reached the maximum level at $20M in 2023, and then dropped significantly in the following year.
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The global GCC countries medical tourism market is likely to generate sales amounting to USD 8.6 billion in 2024. Over the assessment period from 2024 to 2034, the GCC countries medical tourism market CAGR is projected to expand to 10.4% culminating in a market size of USD 21.7 billion by the end of 2034.
Attributes | Description |
---|---|
Estimated Global GCC Countries Medical Tourism Market Size (2024E) | USD 8.6 billion |
Projected Global GCC Countries Medical Tourism Market Value (2034F) | USD 21.7 billion |
Value-based CAGR (2024 to 2034) | 10.4% |
Country-wise Insights
Countries | CAGR 2024 to 2034 |
---|---|
KSA | 13.1% |
Kuwait | 11.7% |
Oman | 10.3% |
UAE | 9% |
Qatar | 7% |
Category-Wise Insights
Segment | Dental Treatment (Treatment Type) |
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Value Share (2024) | 23% |
Segment | Package Traveller (Tour Type) |
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Value Share (2024) | 47% |
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The GCC contact lens industry size reached a valuation of US$ 227.1 million in 2023. Demand for contact lenses is anticipated to record a y-o-y growth of 6.2% in 2024.The industry is expected to reach US$ 241.1 million by 2024. Over the projection period 2024 to 2034.
Attributes | Key Insights |
---|---|
GCC Contact Lens Industry Anticipated Size (2023A) | US$ 227.1 million |
GCC Contact Lens Industry Estimated Size (2024E) | US$ 241.1 million |
GCC Contact Lens Industry Projected Valuation (2034F) | US$ 452.6 million |
GCC Contact Lens Industry Value-based CAGR (2024 to 2034) | 6.5% |
2019 to 2023 GCC Contact Lens Industry Analysis Compared to 2024 to 2034
Historical CAGR (2019 to 2023) | 4.7% |
---|---|
Forecast CAGR (2024 to 2034) | 6.5% |
Country-wise Insights
Country | CAGR (2024 to 2034) |
---|---|
United Arab Emirates | 6.8% |
Kingdom of Saudi Arabia | 4.0% |
Bahrain | 12.2% |
Qatar | 5.2% |
Kuwait | 9.4% |
Category-wise Insights
Product Type | Gas Permeable |
---|---|
CAGR (2024 to 2034) | 7.1% |
Design Type | Cosmetic |
---|---|
CAGR (2024 to 2034) | 12.3% |
Sales Channel | Luxury Boutiques |
---|---|
CAGR (2024 to 2034) | 9.2% |
Scope of the GCC Contact Lens Industry Research Report
Attribute | Details |
---|---|
GCC Contact Lens Industry Value in 2024 | US$ 241.1 million |
GCC Contact Lens Industry Value in 2034 | US$ 452.6 million |
Anticipated Growth Rate of GCC Contact Lens Industry (2024 to 2034) | 6.5% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
GCC Contact Lens Industry Analysis | US$ million for Value |
Key Regions Covered |
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Key Countries Covered |
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Key Segments Covered |
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Key Companies Profiled in GCC Contact Lens Industry Report |
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Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities, and Trends Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
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In 2023, overseas purchases of talcum and cosmetic powder decreased by -7.9% to 610 tons for the first time since 2019, thus ending a three-year rising trend.
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The Kuwaiti powder-puffs and pads market fell remarkably to $767K in 2024, with a decrease of -50.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a perceptible increase.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 2.92(USD Billion) |
MARKET SIZE 2024 | 3.01(USD Billion) |
MARKET SIZE 2032 | 3.8(USD Billion) |
SEGMENTS COVERED | Type, Application, End Use, Form, Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Health-conscious consumer trends, Regulatory frameworks and policies, Rising demand for low-calorie foods, Innovation in sweetener formulations, Competitive pricing strategies |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Mitsubishi, Zydus Cadila, Ajinomoto, Tate and Lyle, Sucrose, Sunett, Aspartame, Steviol Glycosides, SweeGen, DuPont, Cargill, Pure Circle, NutraSweet, Kuwait Finance House, Heartland Food Products Group |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Growing demand for sugar alternatives, Increasing health consciousness among consumers, Expansion in food and beverage industry, Rise in low-calorie product offerings, Development of innovative sweetener formulations |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 2.96% (2025 - 2032) |
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The Kuwait skin care market is projected to grow at a CAGR of 1.90% between 2025 and 2034. The market is being driven by the robust growth of the e-commerce sector in the country.