South Africa Aesthetic Injectable Market Size & Outlook
South Africa aesthetic injectable market, 2018-2030 (US$M)
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South Africa aesthetic injectable market highlights
- The South Africa aesthetic injectable market generated a revenue of USD 92.6 million in 2023 and is expected to reach USD 167.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
- In terms of segment, botulinum toxin was the largest revenue generating product in 2023.
- Hyaluronic Acid is the most lucrative product segment registering the fastest growth during the forecast period.
Aesthetic injectable market data book summary
| Market revenue in 2023 | USD 92.6 million |
| Market revenue in 2030 | USD 167.0 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Botulinum toxin |
| Fastest growing segment | Hyaluronic Acid |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hyaluronic Acid, Botulinum Toxin, Aquatic Light Injections |
| Key market players worldwide | Ipsen SA, AbbVie Inc, Merz Pharma, Galderma Group AG Registered Shares, Prollenium Medical Technologies, Suneva Medical, Sinclair Pharma plc, Medytox, Revance Therapeutics Inc |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.8% of the global aesthetic injectable market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa aesthetic injectable market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 167.0 million by 2030.
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Aesthetic Injectable Market Scope
Aesthetic Injectable Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa aesthetic injectable market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aesthetic injectable market will help companies and investors design strategic landscapes.
Botulinum toxin was the largest segment with a revenue share of 45.79% in 2023. Horizon Databook has segmented the South Africa aesthetic injectable market based on hyaluronic acid, botulinum toxin, aquatic light injections covering the revenue growth of each sub-segment from 2018 to 2030.
A rapidly growing population and increasing investments in the aesthetic & cosmetic sectors are among the key factors expected to boost the market in the country. According to Africa Business Pages, there has been a three-fold increase in the middle-class population, which has created opportunities for various local and international companies.
Although Africa accounts for less than 1% of the global market, many companies are planning to invest in the market. These factors are anticipated to fuel the growth of the aesthetic injectable market in South Africa.
Furthermore, the country witnessed a moderate to significant increase in demand for cosmetic procedures during the pandemic. However, weak political governance and low GDP growth may restrain the market growth in South Africa.
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Our clientele includes a mix of aesthetic injectable market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa aesthetic injectable market, including forecasts for subscribers. This country databook contains high-level insights into South Africa aesthetic injectable market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa aesthetic injectable market size, by product, 2018-2030 (US$M)
South Africa Aesthetic Injectable Market Share, 2023 & 2030 (US$M)
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