Dubai PR Network, Online Press Release from Dubai and Middle East
Filter PR by
  
Per Capita Spend On Premium Fragrances In KSA, UAE Overshadows European, US Markets

Traditionally renowned for its love of fragrances, the Middle East region continues to be one of the key focus areas for international fragrance brands.

With research from leading analysts Euromonitor International indicating that per capita consumption of premium fragrances in key markets such as Saudi Arabia and the UAE overshadows that of markets such as the US and the UK, it’s not surprising that the countries of the GCC are on international perfumers’ high-priority lists.

Consumers in Saudi Arabia spent US$34.40 per capita on premium fragrances in 2012, a figure estimated to rise to $49.10 by 2017. Their UAE counterparts shelled out $21.30 in 2012 and are set to spend as much as $25.50 in 2017. *

While consumers in the UK spent $24.50 on premium perfume brands in 2012, they are expected to spend $25.80 per capita in 2017. On the other hand US consumers were lagging their Middle Eastern counterparts, having spent $16.10 on select perfumes in 2012 and set to spend $16.80 in 2017.

Fragrances make up a considerable segment of the region’s overall beauty and wellness market. A fact which is reflected in the sector’s importance at Beautyworld Middle East, the leading international trade and networking event for beauty industry in the region, where nearly 20% of the exhibitors deal with fragrances.

The number of exhibitors in the Fragrance segment at Beautyworld Middle East has more than doubled in the period 2008 to 2013. While 67 exhibitors showcased perfumes and fragrance products in 2008, this number rose to 167 in 2013, underlining the growing international interest in the region among global perfume manufacturers.

“Fragrances and fine perfume have always played a significant part in the Arab lifestyle, which explains the relatively higher levels of expenditure on perfumes across the region,” said Ahmed Pauwels, CEO of Beautyworld Middle East organiser, Epoc Messe Frankfurt. “More importantly, Middle Eastern consumers have also been willing to pay a premium for high quality perfumes, making this a key market for the world’s leading perfume brands,”

Beautyworld Middle East 2014, which runs from May 27th to 29th, 2014 at the Dubai International Convention and Exhibition Centre, will showcase a wide range of world-leading fragrance brands already familiar to the market, as well as a number of regional and international perfumers making their market debut or looking to enlarge their market presence.

Besides Fragrances, Beautyworld Middle East 2014 will feature the following focus groups: Hair, Nails and Accessories, Cosmetics and Skincare, Machinery, Packaging and Raw Materials and Professional Equipment and Spa.

Beautyworld Middle East 2014 also features a raft of additional events, highly acclaimed by visitors and delegates. They include: Beautyworld ME Boutique; Walk of Beauty by Madi

International; Nail It! by OPI and Nazih Group; Fragrance Station; Spa and Salon Summit
Posted on www.godubai.com

Posted by : BIZ COM - For Proactive Communications,
Viewed 26364 times
PR Category : Lifestyle
Posted on : Tuesday, May 6, 2014  3:23:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
Aigner Aprilia [8607-Views]
Top Toners to Up Your Skincare Game [6558-Views]
'Tis the Season to Gift and Glow' With Foreo Holiday Gift Sets [6271-Views]
Stay Refreshed this Festive Season & Give the Gift of Self Care with Kocostar's Fabulous F... [6246-Views]
Raise Eyebrows with Flormar's New Range [6094-Views]
Nourish your hair with Vierro's Styling Cream range [5728-Views]
Matte Made in Heaven [5600-Views]
Shop the New Frozen 2 Collection at Max Fashion! [5087-Views]
Steve Madden set to arrive in Dubai to kick off brand's 30th Anniversary Celebration [4715-Views]
Skincare Through The Ages: The 20-Something's Skincare Guide [4691-Views]
Foreo Expects a Record Sale for Black Friday [4459-Views]
Look after your body & enjoy nourished skin from Local, Homegrown Company, The Simplicity ... [4142-Views]
Dubai Fitness Challenge Continues to Inspire the City [4093-Views]
Adventurous Sailor François Gabart begins the 2019 Brest Atlantiques race [3843-Views]
The Eberhard & Co. “Sistema Magini” Chronograph Sells at Auction for 156,000 Euros [3806-Views]
Time for tennis - Ugo Humbert joins Rado YoungStars [3581-Views]
Dubai Pink Ride Attracts More than 4500 Participants [3544-Views]
The Official 48th UAE National Day Celebration is a Symbol of UAE Heritage and Internation... [3471-Views]
Dine With Your Favourite Plus Ones at IKEA [3386-Views]
Explore Hello Kitty Mania as Candylicious Turns 10 [3349-Views]
Jafza – First Free Zone to Roll Out Workforce Protection Programme [3276-Views]
The ITC and SOFRECOM partnership to deploy fiber network in the Kingdom of Saudi Arabia: M... [3257-Views]
PCFC discusses wider horizons for trade and logistic services with Dubai business groups [3257-Views]
Saxo Banks Marks a Decade in the Middle East [3160-Views]
Al-Futtaim Malls Wins Big at RECON MENA [3148-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories