By Lubna Hamdan
Residents spend $239 per capita, while the MENA region as a whole spend $30b on beauty and wellness products
UAE residents are among the world's highest per capita spenders on beauty products, forking out up to $239 (AED878) in 2016, according to the latest figures from Euromonitor International.
The figures, which were released alongside annual Dubai-based exhibition Beautyworld Middle East 2017, showed the Gulf country was ranked seventh in the world, up two places since 2015.
Dubai alone traded $5.6bn (AED20.7bn) worth of perfumes and cosmetics in 2016 and imported, exported, and re-exported $1.4bn (AED5bn) worth of products in the first quarter of 2017, according to figures by Dubai Customs.
The Middle East and North Africa region as a whole spent a whopping $30bn (AED110bn) on beauty and personal care items in 2016.
Beautyworld Middle East is the region’s largest international trade fair for beauty products, hair, fragrances, and wellbeing. It acts as a platform for regional traders, professionals, and international manufacturers.
It took place at the Dubai International Convention and Exhibition Centre and attracted 42,012 visitors, marking a 13 percent growth in visitors.
Spanning 55,000sqm, the three-day event also increased 11.5 per cent in size year-on-year.
The 23rd edition of Beautyworld Middle East will take place from 8-10 May 2018.For all the latest fashion trends from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.