The cosmetics company is one of the most promising projects that responds to the needs of a continuously growing market. It offers a wide range of products designed to enhance facial beauty, improve skin texture, care for hair, and highlight the appearance of lips and nails. With the increasing awareness of personal care and the growing demand for products that combine quality and innovation, cosmetics companies have become an attractive investment option that blends creativity with profitability. This type of project stands out for its flexibility and ability to target various customer segments by developing products that cater to different age groups. The company can also enhance its appeal by launching specialized product lines, such as natural cosmetics or those free from harmful substances, meeting the needs of customers who prioritize health-conscious and sustainable products. Additionally, the project offers broad expansion opportunities through the opening of new branches in both local and international markets, as well as building strategic partnerships with distributors and retailers. The company can further strengthen its market presence by participating in specialized trade shows, which will increase consumer awareness of the brand, expand the customer base, and enhance opportunities for sustainable growth.
The cosmetics company is a pioneering project that stands out by offering high-quality products that meet the diverse needs of customers. The company provides an extensive range of products, including skincare creams, hair care items such as shampoos, conditioners, and nourishing oils, as well as makeup products like lipsticks, foundations, and eye shadows, in addition to nail care products and luxurious perfumes. The company also offers products from the most well-known global brands that enjoy customer trust.<br>The project is based on several competitive factors, the most notable of which is the commitment to providing high-quality products backed by a comprehensive warranty to ensure customer satisfaction. The company adopts competitive pricing strategies, making it the ideal choice for those seeking the best value for their money. A team of expert professionals works to provide an exceptional experience, including after-sales services to ensure complete customer satisfaction.<br>Moreover, the company is committed to sustainability standards by using environmentally friendly packaging materials, reflecting its responsibility and belief in promoting sustainability.
Product quality.
Availability of a variety of products from well-known global brands.
Competitive prices.
A highly skilled and efficient team.
After-sales service.
Product warranty.
Use of environmentally friendly packaging materials.
Executive summary
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Organizational and administrative study
The Service Sector in the GCC Countries
According to the macroeconomic theory of sectors, the economy is divided into three major sectors: the first sector, which focuses on collecting raw materials and includes mining companies, timber companies, oil exploration companies, agricultural industries, and fishing. The second sector relies on goods and their sale, such as car manufacturing, furniture, clothing trade, and so on. The third sector, known as the “service” sector, is responsible for providing and producing services, relying on intangible elements such as entertainment, healthcare, transportation, hospitality, restaurants, and more. This theory suggests that as countries progress, their economies tend to focus more on the third sector, unlike primitive nations which depend heavily on the first sector (for example, the service sector in the United States accounts for 85% of its GDP).
Saudi Arabia:
The service sector is considered a significant part of the economy, encompassing wholesale and retail trade, restaurants and hotels, transportation and storage, information and communications, financial services, insurance, real estate, business services, social and personal services, and government services. Below are some key indicators of the sector in Saudi Arabia:
The service sector contributes approximately 48.2% to the country’s GDP.
Wholesale, retail trade, restaurants, and hotels contribute 10.8% to GDP.
Transport, storage, information, and communications contribute 6.6% to GDP.
Financial services, insurance, real estate, and business services contribute 6.4% to GDP.
Social, collective, and personal services contribute 2.5% to GDP.
Government services contribute 21.9% to GDP.
In the previous year, Saudi Arabia issued 100,944 new commercial licenses, bringing the total number of commercial licenses issued to 348,173. Wholesale and retail trade and motor vehicle repair accounted for the largest share of new licenses, with 48,242 licenses, followed by accommodation and food services with 16,531 licenses, and construction activities with 11,521 licenses.
Qatar:
The wholesale and retail trade activity is valued at around 50,083 million Qatari Riyals.
There are 11,139 establishments working in wholesale and retail trade, employing 213,954 workers.
Compensation for workers in wholesale and retail trade is 11,288,877 thousand Qatari Riyals.
There are 2,396 establishments working in the hotel and restaurant sector, employing 78,194 workers.
Compensation for workers in the hotel and restaurant sector is 2,947,431 thousand Qatari Riyals.
The number of mobile phone subscribers in Qatar (regular subscription) is 976,015 individuals, while the number of prepaid mobile phone subscribers is 2,941,556 individuals.
The length of roads paved in the previous year in Qatar is 2,224 kilometers.
The number of driving licenses issued last year was 242,923.
Compensation for workers in the transportation and communications sector is 24,338,223 thousand Qatari Riyals.
The number of insurance policies issued in Qatar during the last year was 715,897.
There are 4,973 establishments in business services, employing 215,285 workers, with compensation for workers exceeding 15,347,819 thousand Qatari Riyals.
Workers in social and personal services in the private sector total 80,569, with compensation for these workers estimated at 6,127,645 thousand Qatari Riyals.
Kuwait:
Wholesale and retail trade contributes about 1,644.3 million Kuwaiti Dinars to the GDP.
Restaurants and hotels contribute about 418.6 million Kuwaiti Dinars to GDP.
Transportation, storage, and communications contribute about 2,554.5 million Kuwaiti Dinars.
The length of paved roads in Kuwait is 91,340,068 square meters.
United Arab Emirates:
Wholesale and retail trade, along with motor vehicle repair and motorcycle repair, contributes 12.3% to GDP (172,288 million AED).
Transportation and storage contribute 5.9% to GDP (82,461 million AED).
Accommodation and food services contribute 2.3% to GDP (32,357 million AED).
Information and communications contribute 2.9% to GDP (41,347 million AED).
Insurance and financial services contribute 9.6% to GDP (134,773 million AED).
The number of insurance policies issued was 7,584,607 at the end of the last year.
Wholesale and retail trade accounts for 13% of the total workforce in the UAE.
Transportation and storage account for 6.2% of the total workforce.
Around 5% of the total workforce works in accommodation and food services.
Oman:
The GDP of Oman is 29.3 billion Omani Rials.
Wholesale and retail trade contributes 7% to the GDP, amounting to 2,064.7 million Omani Rials.
Restaurants and hotels contribute 1.1% to GDP, amounting to 308.6 million Omani Rials.
Transportation, storage, and communications contribute 5.9% to GDP, amounting to 1,721.2 million Omani Rials.
Global Service Sector:
The service sector is the largest contributor to global GDP, making up more than three-fifths of the total output. Unlike sectors that produce tangible goods like automobiles or furniture, the service sector focuses on providing intangible services such as banking, healthcare, transportation, hospitality, entertainment, and more. In 2020, the global service sector market was valued at approximately 10,814.49 billion USD, and this value increased to 11,780.11 billion USD in 2021, with a compound annual growth rate (CAGR) of 8.9%. After recovering from the impact of the COVID-19 pandemic, market experts predict that the sector will reach a value of 15,683.84 billion USD by 2025, achieving a CAGR of 7% in the coming years.
Mashroo3k” Consulting recommends investing in the services industry, as its contribution to global GDP has seen a significant increase, rising from 62.8% in 2010 to 65.7% in 2020. According to World Bank data, the industry’s share of global GDP is expected to increase further, reaching 69.6% by 2030. This ongoing growth reflects the expanding role of the services sector worldwide, presenting substantial investment opportunities in this field.
