Beauty & Personal Care - Qatar

  • Qatar
  • The revenue in the Beauty & Personal Care market in Qatar is projected to reach US$578.30m in 2024.
  • This market is expected to experience an annual growth rate of 5.50% (CAGR 2024-2029).
  • The largest segment within this market is Personal Care, with a market volume of US$256.70m in 2024.
  • When compared globally, in the United States generates the highest revenue, amounting to US$101bn in 2024.
  • In terms of per person revenues, in Qatar generates US$211.30 in 2024.
  • Furthermore, online sales are projected to contribute 36.2% of the total revenue in the Beauty & Personal Care market by 2024.
  • "Qatar's growing middle class and increasing focus on personal grooming have driven a surge in demand for luxury beauty products."

Key regions: United States, Worldwide, India, Indonesia, Canada

 
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Analyst Opinion

The Beauty & Personal Care market in Qatar is witnessing minimal growth, influenced by shifting consumer preferences towards sustainable products, increased competition, and economic factors. Nonetheless, innovation in beauty tech continues to attract interest and drive niche segments.

Customer preferences:
Consumers in Qatar are increasingly gravitating towards clean and sustainable beauty products, reflecting a broader global trend that prioritizes environmental consciousness. This shift is further fueled by a younger demographic that values transparency and ethical sourcing in brand choices. Additionally, the rise of social media influencers has reshaped purchasing behaviors, with many consumers seeking personalized beauty solutions that align with their lifestyles and cultural values. Furthermore, there is a growing interest in wellness-oriented products that emphasize holistic beauty, blending skincare with self-care rituals.

Trends in the market:
In Qatar, the Beauty & Personal Care market is experiencing a notable shift towards clean and sustainable products, driven by a younger consumer base that prioritizes ethical sourcing and environmental sustainability. This trend reflects a global movement towards transparency, with brands increasingly held accountable for their ingredient choices and practices. Social media influencers play a crucial role in shaping consumer preferences, promoting personalized beauty solutions that resonate with local cultural values. Additionally, wellness-focused products emphasizing holistic beauty and self-care are gaining popularity, indicating a significant evolution in consumer expectations and brand strategies within the industry.

Local special circumstances:
In Qatar, the Beauty & Personal Care market is uniquely influenced by its rich cultural heritage and the influx of expatriates, creating a diverse consumer base with varying beauty standards and preferences. The regulatory environment supports the import of international brands, while local brands emphasize traditional ingredients and practices. Additionally, the country's hot climate drives demand for products that offer hydration and sun protection. This blend of cultural values and climate considerations shapes consumer choices, fostering a market that values both global trends and local authenticity.

Underlying macroeconomic factors:
The Beauty & Personal Care market in Qatar is significantly influenced by macroeconomic factors such as national economic stability, consumer spending patterns, and global economic trends. The country's robust GDP growth and high per capita income facilitate increased disposable income, driving demand for premium beauty products. Additionally, the influx of expatriates contributes to a varied consumer base, fostering a competitive market landscape. Fiscal policies that encourage foreign investment and trade bolster the availability of international brands. Furthermore, global trends in sustainability and ethical sourcing are reshaping consumer preferences, prompting local brands to innovate while staying true to cultural values.

Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

Overview

  • Revenue
  • Sales Channels
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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