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R R  E E  P P   O O  R R  T T







          These include:                                              beauty scene with a diverse consumer base. With its growing
          1. Economic  diversification  –  the  strategic  framework  of   population Dammam presents an increasing opportunity for
            Vision 2030 has created a greater focus on the beauty and   brands. Other regions are also contributing to the profile of the
            wellness sectors, promoted entrepreneurship and provided   country’s beauty landscape.
            a favourable environment for local beauty brands and those
            looking to enter the market.                              Women Leading The Way
          2. High-spend  market  –  Saudi  consumers  have  a  strong   The rise of the female beauty entrepreneur is a noteworthy
            preference for luxury beauty products, particularly in    characteristic in Saudi Arabia and the MENA region. In many
            make-up, skincare and fragrances. This higher spending is   ways  how  their beauty  industry  is  evolving  is  becoming  a
            reflective  of  the  shifting  cultural  norms  and  an  increased   narrative of the overall social and cultural shifts taking place.
            receptivity to global beauty influences.
          3. Generational influx – the influence of the dominant younger
            population  (over  63%  are  under  the  age  of  30),  their
            purchasing behaviour is shaped by global trends, social
            media and e-commerce, and can be seen through a more
            diversified approach to daily regimes.
          4. Increase in opportunities – both home-grown and
            international  brands  are  benefitting  from  the  increase
            in events such as Beautyworld Saudi Arabia, the greater
            diversity of retail and the evolving channels to the consumer.
          5. Cultural shift – the change in societal norms have led to an
            evolution of beauty standards that is reflected by a rising
            popularity in make-up and skincare regimens.
          6. E-commerce  revolution  –  the  digital  transformation
            continues to make beauty more accessible and has been
            instrumental in introducing a greater variety of available
            products. This in combination with competitive pricing and
            a focus on personalised shopping experiences have been
            the main drivers behind the industry’s growth. Scaling one-
            to-one relationships and  authentic connections with  the
            customer is key to success in the region.
          7.  Social Media – with Saudi Arabia’s high internet and social
            media penetration, it is easy to see how this channel is at
            the forefront of communication channels in the market.
            Instagram, Snapchat, Facebook and  TikTok are popular
            while there is also a high YouTube watch time per capita. By
            creating easy access to trends and new products, providing
            inspiration  and  education  as  well  as  enhancing  brand
            visibility, social media is vital asset for any beauty brand in
            the region.
          8. Clean Beauty – the trend for natural and organic products
            is linked to health and wellbeing, environmental concerns
            and a strong preference to avoid harmful ingredients. With
            local brands this is reflected by the uplift in appreciation of
            natural indigenous plants as hero ingredients.                                  Muzon Ashgar


          A further consideration is the regional dynamics. Riyadh, the   One of the most successful local beauty founders is Muzon
          capital  city,  is  a  significant  market  for  beauty  and  personal   Ashgar, Founder & CEO of MZN Bodycare, which when it
          care,  the  large  urban  population  are  focusing  more  on   launched  in  2015  was  the  first  Saudi  handmade  skin  care
          personal  grooming  and  appearance. The  more  commercial   brand. Led by Muzon Ashgar, the brand is the story of women
          and  cosmopolitan  city  of  Jeddah  has  a  vibrant  fashion  and   supporting women,  from  vision  to  creation  MZN  Bodycare

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