Cosmetic and Personal Care Market Witnessing Double-Digit Growth in the UAE

Color cosmetics products' market in the UAE is projected to grow at a CAGR of 27.9% during 2010-2015, says RNCOS in its research report.

Noida, India (prHWY.com) January 21, 2013 - Cosmetics and Personal care is one of the most lucrative industries in the UAE reporting phenomenal growth rate in the country over the past few years. The consumption of cosmetics for image and health enhancing products is becoming one of the top priority purchases of consumers. Facial make-up, especially lip make-up products including lip liners, lipstick, and lip gloss are projected to be the principal segments of this market. The extensive demographic spread within the UAE specifies that, the demand for cosmetics is also far flung. On the base of such account, the color cosmetics products market is anticipated to grow at a CAGR of 27.9% during 2010-2015.

According to our report, "UAE Retail Industry Forecast to 2015", the UAE retail industry has been witnessing strong growth in sales over the past few years and is expected to grow in the coming years as well. Surging public and private sector consumption along with the contribution of strong industry verticals (tourism, trade, banking, etc) are expected to help the retail industry to grow in the coming years.

As per our research, in terms of presence of international retailers, the UAE has secured second position. And the country's topmost city, Dubai has also been ranked second topmost in international retailer's presence in 2012. Our report covers analysis of both food and non-food retail sector also along with the future forecast.

Rapid development of modern retail infrastructure is luring consumers for convenient shopping experience and transforming them into high-retail spending. With construction of new malls and expansion of some of the existing malls, per capita gross leasable area (GLA) is also increasing in the country. In addition, fast inflow of foreign retailers is fuelling growth in the shopping mall retail area development. We anticipate that, this trend will prevail in coming years and gradually boost the retail sales growth.

Our report, "UAE Retail Industry Forecast to 2015", is an outcome of an extensive research and thorough analysis of retail industry in the UAE. It facilitates statistics and analysis of all prominent market segments to provide deep and informative understanding of the market. Further, our report ventures a brief overview of prominent players operating in the industry along with their business description to provide a balanced treatment of the analysis. Overall, the report presents a complete and coherent analysis of the UAE retail industry, which will prove decisive for the clients.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM458.htm

Some of our Related Reports are:

- Indian Online Retail Market Analysis (http://www.rncos.com/Report/IM421.htm)
- Vietnam Retail Market Forecast to 2014(http://www.rncos.com/Report/IM337.htm)
- Middle East Retail Sector Forecast to 2013 (http://www.rncos.com/Report/IM196.htm)
- South African Retail Industry Forecast to 2013 (http://www.rncos.com/Report/IM275.htm)

Check Related REPORTS on: http://www.rncos.com/Retail%20industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: uae retail industry

Categories: Retail

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