The market is dominated by foreign suppliers, as imports account for 58.2% of total market size in 2023. Investments drive market demand, with investments representing 49.5% of total demand in 2023. Saudi Arabia has the largest market size for imitation jewellery, brushes and other personal items regionally, with demand reaching USD4.2 billion in 2023. The total number of companies increases in 2023, to 365 units. The costs of the industry decrease by 5.2% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 36.3% of production value in 2023, the ninth highest regionally. The industry’s exports share increases in 2023 to 3.5% of total production output. With production value of USD476 million, Saudi Arabia accounts for 21.6% of the Middle East and North Africa total in 2023.
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This Euromonitor industrial report provides unique information on Imitation Jewellery, Brushes and Other Personal Items in Saudi Arabia: ISIC 3699. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Imitation Jewellery, Brushes and Other Personal Items in Saudi Arabia: ISIC 3699 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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