Cosmetics companies are among the most promising ventures that respond to the needs of a constantly growing market. They offer a variety of products designed to enhance facial beauty, improve skin texture, care for hair, and enhance the appearance of lips and nails. With the growing awareness of the importance of personal care and the increasing demand for products that combine quality and innovation, cosmetics companies have become an attractive investment option that combines creativity and profitability. This type of venture is characterized by its flexibility and ability to target diverse customer segments by developing products that suit different age groups. The company can also enhance its appeal by launching specialized product lines, such as natural or synthetic cosmetics, which meet the needs of groups interested in healthy and sustainable products. In addition, the project provides ample opportunities for expansion by opening new branches in local and international markets, along with building strategic partnerships with distributors and retailers. The company can also strengthen its market presence by participating in specialized trade fairs, which contributes to increasing consumer awareness of the brand, expanding its customer base, and enhancing opportunities for sustainable growth.
The cosmetics company is a pioneering venture, distinguished by its high-quality products that meet the diverse needs of its customers. The company offers a wide range of products, including skincare creams and haircare products such as shampoos, conditioners, and nourishing oils, in addition to cosmetics such as lipsticks, foundations, and eyeshadows, as well as nail care products and luxury perfumes. The company also offers products from the most well-known international brands that have gained customer trust. The venture is based on several competitive factors, most notably its commitment to providing high-quality products backed by a comprehensive warranty to ensure customer satisfaction. The company also relies on competitive pricing strategies, making it the ideal choice for those seeking the best value for money. A team of specialized experts works to provide an exceptional experience, including after-sales services to ensure complete customer satisfaction. Furthermore, the company adheres to sustainability standards by using environmentally friendly packaging materials, reflecting its responsibility and belief in promoting sustainability.
Product quality.
A variety of products from the most famous international brands.
Competitive prices.
A highly qualified team.
After-sales service.
Product warranty.
Use of environmentally friendly packaging materials.
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Service sector in GCC countries
According to the macroeconomic theory of sectors, the economy is divided into three main and large sectors: the first; – is the sector that is based on collecting raw materials and includes mining companies, timber companies, oil exploration companies, in addition to agricultural and fishing industries. The second sector; is the sector that depends on goods and their sale, such as: (car manufacturing, furniture, clothing trade… etc.). As for the third sector, known as the “services” sector; it is the sector responsible for providing and producing services, essentially relying on intangible things, such as: entertainment, health care, transportation, hospitality, restaurants, etc. This theory believes that the more advanced countries are, the more their economies are based on the third sector, unlike primitive countries, which rely mostly on the first sector (the United States of America, for example, the service sector constitutes 85% of its economy).
Kingdom of Saudi Arabia:
The State of Qatar:
Kuwait:
United Arab Emirates:
Sultanate of Oman:
Global Service Sector
The service sector is the major contributor to the world’s gross product; It alone accounts for more than three fifths of this output. The sector does not rely on the production of tangible goods such as automobile and furniture, but rather on the provision of intangible services such as banking, medical care, transportation, hospitality, leisure, etc. The value of the sector market was estimated in 2020 at USD 10,814.49 billion and rose to USD 11,780.11 billion in 2021. The market achieved a CAGR of 8.9%. After recovering from the effects of the coronavirus pandemic, global market experts expect the sector’s market to reach US $ 15683.84 billion by 2025, bringing the market to a CAGR of 7% in the coming years.
Mashroo3k Consulting recommends investing in the services industry, as its contribution to the global GDP increased from 62.8% in 2010 to 65.7% in 2020. According to World Bank data, the contribution of this industry to the global GDP is expected to rise to 69.6% by 2030.
