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DUBLIN, Oct. 19, 2022 /PRNewswire/ — The “Saudi Arabia Fragrance Market Report: By Category, Product Type, Gender – Industry Analysis and Growth Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.
The Saudi Arabian fragrance market is expected to reach $3,500.9 million by 2030 from $2,049.7 million in 2021, with a CAGR of 6.1% from 2021 to 2030
The market is being pushed by the expanding significance of grooming, as well as the growing number of gym-goers. Saudi Arabia is among the most-significant markets for cosmetics and fragrances in the Middle East because of its sizable economy.
With the rise of the e-commerce industry, the Saudi Arabian fragrance market growth is likely to accelerate over the next decade. The internet is playing a significant role in raising the consumer awareness of scent items. Numerous platforms, such as Facebook, Instagram, Twitter, and Snapchat, register the highest usership in the region from Saudi Arabia.
Ajmal Perfumes teamed with SAP SE, a multinational technology business, to promote digital transformation in September 2021. The firm would operate on the RISE, on the SAP S/4HANA real-time business suite, with the platform of SAP, and with the SAP SuccessFactors human experience management suite, increase staff experience, in collaboration with channel partner Accely.
Other key players are Al Majed 4Oud Company, Bath & Body Works Direct Inc., Candle-Lite Company LLC, Johnson & Johnson, Rasasi Perfumes Industry LLC, The Procter & Gamble Company, Christian Dior SE, Unilever Group, Victoria’s Secret & Co., Arabian Oud, and Abdul Samad Al Qurashi.
Key Findings of Saudi Arabia Fragrance Market Report
- Shower gels, shampoos, body lotions, and shaving creams are all examples of cosmetics and personal care items that contain fragrant chemicals. Thus, the rising consumer fascination with health and wellness has created a new potential for …
Full story available on Benzinga.com
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