Market Insights Health OTC Pharmaceuticals

Skin Treatment - United Arab Emirates

United Arab Emirates

In the United Arab Emirates, the revenue in the Skin Treatment market market is recorded at US$54.01m in 2024.
According to projections, the market is anticipated to exhibit an annual growth rate of 7.11% (CAGR 2024-2029).
When compared globally, the in the United States leads in terms of revenue generation, with an estimated value of US$4,184.00m in 2024.
In relation to the total population, per person revenues amount to US$5.63 in 2024.
The demand for organic and natural skin treatment products is on the rise in the United Arab Emirates, as consumers prioritize safe and sustainable options.

Key regions: Australia, Brazil, Canada, China, Germany

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Analyst Opinion

The Skin Treatment market in United Arab Emirates is experiencing significant growth and development.

Customer preferences: Customers in United Arab Emirates have shown a growing interest in skin treatments and are increasingly seeking out innovative and effective solutions to address their skin concerns. They are becoming more aware of the importance of taking care of their skin and are willing to invest in products and services that can help them achieve healthy and youthful-looking skin. In addition, customers in United Arab Emirates have a preference for natural and organic skincare products, as they are perceived to be safer and more sustainable.

Trends in the market: One of the key trends in the Skin Treatment market in United Arab Emirates is the rising popularity of non-invasive treatments. Customers are opting for non-surgical procedures such as laser treatments, chemical peels, and microdermabrasion, as they offer minimal downtime and produce noticeable results. These treatments are also considered to be safer and less risky compared to surgical procedures. In addition, there is a growing demand for personalized skincare solutions, with customers seeking tailored treatments that address their specific skin concerns and needs. This trend is driven by the desire for individualized care and the belief that personalized treatments are more effective.

Local special circumstances: The United Arab Emirates is known for its hot and dry climate, which can have a significant impact on the skin. The harsh environmental conditions, combined with factors such as air pollution and high levels of sun exposure, can lead to various skin issues such as dryness, dehydration, and premature aging. As a result, customers in United Arab Emirates are more inclined to invest in skincare products and treatments that can help protect and nourish their skin. They are particularly interested in products that provide hydration, sun protection, and anti-aging benefits.

Underlying macroeconomic factors: The Skin Treatment market in United Arab Emirates is also influenced by several macroeconomic factors. The country has a high disposable income, which allows customers to spend more on skincare products and treatments. In addition, the growing tourism industry in United Arab Emirates has contributed to the development of the Skin Treatment market, as tourists from around the world are attracted to the country's luxurious spas and wellness centers. Furthermore, the government of United Arab Emirates has been actively promoting the beauty and wellness industry, which has led to the establishment of new skincare clinics and the introduction of innovative treatments in the market.In conclusion, the Skin Treatment market in United Arab Emirates is growing and evolving to meet the changing needs and preferences of customers. The rising interest in non-invasive treatments, personalized skincare solutions, and natural products reflects the desire for effective and safe solutions. The local special circumstances, such as the harsh climate, also play a role in shaping customer preferences. Overall, the market is driven by the high disposable income, the growth of the tourism industry, and the government's support for the beauty and wellness sector.

Methodology

Data coverage:

Data encompasses B2C spend. Figures are based on the OTC Pharmaceuticals market values, representing revenues generated by both product sales which take place exclusively in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use data from national statistical offices, international institutions, trade associations, and self-medication associations. Next, we use relevant key market indicators and data from country-specific associations, such as consumer healthcare spending, out-of-pocket healthcare expenditure, health system accessibilities, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. Whereas this market covers only OTC drugs, the Statista Pharmaceuticals market covers both OTC and prescription drugs.