MIDDLE EAST AND AFRICA SKINCARE MARKETS
December 1st, 2016
ONE of the wealthiest countries in the world, Qatar’s gross domestic product (GDP) per capita was estimated at USD73,653 in 2015, according to the World Bank. Close to 85% of the country’s 2.5 million population are expatriates and this has influenced the skincare products on offer, while high levels of disposable income continue to drive consumption.
According to research firm Mordor Intelligence, Qatar’s skincare product market was valued at USD232.96 million in 2015 and is expected to grow at a compound annual growth rate (CAGR) of 4.81% over the next ...
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