Saudi Arabia Depilatories (Skincare) Market: Size, Share, Outlook and Growth Opportunities upto 2023

Marketreports19 Mar, 2020Health

Depilatories market in Saudi Arabia registered a positive compound annual growth rate (CAGR) of 7.83% during the period 2013 to 2018 with a sales value of SAR 168.30 Million in 2018, an increase of 8.41% over 2017. The market achieved its strongest performance in 2014, when it grew by 8.82% over its previous year and its weakest performance in 2017, when it increased by 5.87% over 2016. The fastest growing segment of the Depilatories market in Saudi Arabia between the year 2013 and 2018 was Chemical Depilatories which registered a CAGR of 8.08%. The weakest performing segment of the market was Wax Strips & Wax with a CAGR of 7.32%. In 2018 Chemical Depilatories segment in Saudi Arabia Depilatories market accounted for a major share of 67.55%, while Wax Strips & Wax stood in second position representing 32.45% of the market’s 2018 share.