Retail current value sales of skin rose at their fastest rate in five years during 2020, due to a sharp acceleration in the rate of unit price growth. This was the result of a hike in the rate of VAT levied on these products from 5% to 15% that was imposed in July. Unit sales of skin care had been in decline for most of the review period, and the pandemic did not alter this trend. Accelerated growth in unit price led to more intense price competition. Browse our full report with Table of Contents: http://www.marketreportsonsaudiarabia.com/marketreports/skin-care-in-saudi-arabia/150221