South Africa Beauty And Personal Care Products Market Size & Outlook
South Africa beauty and personal care products market, 2016-2030 (US$M)
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South Africa beauty and personal care products market highlights
- The South Africa beauty and personal care products market generated a revenue of USD 19.0 million in 2022 and is expected to reach USD 33.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.2% from 2023 to 2030.
- In terms of segment, skin care was the largest revenue generating product in 2022.
- Color cometics is the most lucrative product segment registering the fastest growth during the forecast period.
Beauty and personal care products market data book summary
| Market revenue in 2022 | USD 19.0 million |
| Market revenue in 2030 | USD 33.0 million |
| Growth rate | 7.2% (CAGR from 2022 to 2030) |
| Largest segment | Skin care |
| Fastest growing segment | Color cometics |
| Historical data | 2016 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skin care, Hair care, Color cometics, Fragrances |
| Key market players worldwide | Unilever PLC, The Estee Lauder Companies Inc Class A, Shiseido Co Ltd, Revlon, Procter & Gamble Co, L'Oreal SA, Coty Inc Class A, Kao Corp, Avon Protection PLC, Oriflame Cosmetics |
Other key industry trends
- In terms of revenue, South Africa accounted for 3.7% of the global beauty and personal care products market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa beauty and personal care products 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 33.0 million by 2030.
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Beauty And Personal Care Products Market Scope
Beauty And Personal Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa beauty and personal care products 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 beauty and personal care products market will help companies and investors design strategic landscapes.
Skin care was the largest segment with a revenue share of 34.74% in 2022. Horizon Databook has segmented the South Africa beauty and personal care products market based on skin care, hair care, color cometics, fragrances covering the revenue growth of each sub-segment from 2016 to 2030.
According to 2020 findings by the Department of Trade and Industry (dti) of the Republic of South Africa, South Africa not only boasts the most well-established retail network in Africa but also has the largest market for cosmetics and personal care.
The men’s beauty and personal care products market in South Africa has also been gaining momentum. According to B2B Central, a prominent news platform for business professionals, male grooming was the fastest-growing segment in South Africa in June 2022, a trend that was noted globally as well.
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Target buyers of South Africa beauty and personal care products market databook
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Our clientele includes a mix of beauty and personal care products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa beauty and personal care products market , including forecasts for subscribers. This country databook contains high-level insights into South Africa beauty and personal care products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa beauty and personal care products market size, by product, 2016-2030 (US$M)
South Africa Beauty And Personal Care Products Market Outlook Share, 2022 & 2030 (US$M)
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