uae personal care products market worth aed 76 million
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

UAE personal care products market worth AED 7.6 million

Arab Today, arab today

Arab Today, arab today UAE personal care products market worth AED 7.6 million

Intellectual Property Advisory Board
Dubai - WAM

The personal care products market in the UAE is worth AED 7.6 billion compared to the global market size of AED 1.57 trillion, shows a study.

The Dubai Intellectual Property Advisory Board (IPAB), chaired by Mohammad Ali Rashed Lootah, CEO of the Commercial Compliance and Consumer Protection in the Dubai Department of Economic Development (DED), announced the completion of a benchmark study specifically for the Personal Care Products sector.

The study aimed to address the skin care market and understand the size of the legitimate trade in genuine skin care products as well as the global market size of the sector against the size of the trade in counterfeits and its market share.

Launched in November 2015, the IPAB represents a joint public-private sector initiative to tackle high-level issues related to intellectual property in Dubai and provide technical advice on IP protection. In addition to the chairperson, the IPAB has members representing a wide spectrum of world leading brands across sectors such as pharmaceuticals, entertainment, telecommunications, automobiles, sportswear, luxury goods, confectionery, foodstuffs, personal care, hygiene and home products.

"Our first specific sector study is our response to the lack of specialised intellectual property studies. With these types of studies, we will have industry leaders provide analysis and data on the counterfeit problem and the solutions they foresee," Lootah said.

"The study found that perfumes top personal care products sold in the UAE followed by cosmetics and skin care products. Online data shows that 15 percent of the counterfeit personal care products seized are in the Middle East, which indicates the efficient regulatory environment in the region, particularly in the UAE," he added.

Omar Obeidat, Secretary to the IPAB and Board Member of Brand Owners Protection Group, said the study puts the counterfeiting problem in a global perspective while also analysing it from a local standpoint.

"The study along with its recommendations will be used to support the UAE rankings by international indices and intellectual property ranking organisations. The IPAB will introduce further specific sector studies in 2017, all to be vetted and prepared by representatives of global market leaders," he added.

Cameron Walker, Regional Brand Protection Manager at Beiersdorf, Middle East, Turkey, Africa and India, commented, "The study has been concluded to support and enhance the capacity of Dubai and the UAE authorities in addressing counterfeiting of all personal care products. We are very much encouraged by the importance that the Dubai Government places in such partnerships with the private sector in the fight against counterfeit goods. We particularly applaud the efforts of the Dubai Department of Economic Development, which has allowed this study to see the light enabling both the authorities and brand owners to work together hand in hand to protect consumers."

Referring to the trends indicated by the study, Rania Mosrie, Counsel of Reckitt Benckiser, said, "Social media and online resellers have taken a major jump in prevalence in recent years with North Asia and the Middle East in the forefront."

The study and its recommendations will be available to serve all relevant intellectual property regulators and enforcement departments in order to enhance the level of protection and adopt appropriate measures to fight counterfeit goods commensurate with the global and local trends identified by these studies.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uae personal care products market worth aed 76 million uae personal care products market worth aed 76 million

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uae personal care products market worth aed 76 million uae personal care products market worth aed 76 million

 



GMT 21:16 2016 Monday ,27 June

Zaki Badr discusses cleaning problem in Giza

GMT 21:46 2017 Saturday ,14 January

Turkey arrests 60 businessmen for alleged Gulen ties

GMT 22:38 2017 Friday ,24 March

Abbas meets with Merkel in Berlin

GMT 09:02 2017 Monday ,27 March

Tunisian Premier Concludes Visit to Sudan

GMT 15:54 2017 Friday ,01 September

Attorney General Directs Prosecutors to inspect Prison

GMT 09:22 2017 Sunday ,31 December

HM King condoles with Afghanistan President

GMT 10:12 2016 Wednesday ,06 April

Strong dollar, mild weather shrink H&M profits

GMT 17:03 2016 Saturday ,24 December

7 police killed in attacks in Afghansitan

GMT 13:51 2017 Friday ,17 March

Israel denies Syria shot down a warplane

GMT 04:08 2017 Thursday ,05 January

Carbon tax can fund clean energy transition

GMT 19:27 2016 Wednesday ,14 September

Alstom to go ahead with plans to shut down Belfort plant

GMT 01:44 2017 Friday ,15 December

Mennat-Allah underlines importance of landscapes

GMT 04:57 2017 Thursday ,14 December

Trump tells NASA to send Americans to Moon

GMT 21:43 2017 Wednesday ,11 October

Qabil discusses with Swiss delegation improving power

GMT 21:06 2017 Sunday ,17 September

OIC condemns suicide attack in Kabul

GMT 08:27 2017 Thursday ,27 April

Nokia reports another loss as networks sag

GMT 19:41 2017 Monday ,06 February

Elina Svitolina Claims Taiwan Open Title

GMT 09:39 2017 Friday ,03 February

Former Brazilian president Lula's wife dies of stroke
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday