Market revenue in 2022 | USD 3,512.1 million |
Market revenue in 2030 | USD 6,175.2 million |
Growth rate | 7.3% (CAGR from 2022 to 2030) |
Largest segment | Health & wellness |
Fastest growing segment | Cosmetics and Personal Care |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Health & Wellness, Cosmetics and Personal Care, Household Goods & Durables |
Key market players worldwide | Amway Corporation, Herbalife Ltd, Natura &Co Holding SA ADR, Friedrich Vorwerk Group SE ADR, Nu Skin Enterprises Inc Class A, Tupperware Brands Corp, Oriflame |
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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 direct selling market will help companies and investors design strategic landscapes.
Health & wellness was the largest segment with a revenue share of 36.83% in 2022. Horizon Databook has segmented the South Africa direct selling market based on health & wellness, cosmetics and personal care, household goods & durables covering the revenue growth of each sub-segment from 2018 to 2030.
Direct selling has the potential to dramatically impact unemployment levels in South Africa by creating thousands of jobs for youth and women. Besides creating job opportunities, direct selling provides an environment for learning, personal development, and business building, which are critical elements of entrepreneurship.
South African government, in 2017, reported that unlike many other sectors in the economy, direct selling grew and provided more micro-entrepreneurial and income-generating opportunities for women. South Africans benefited from direct selling, of which 72% were women.
Growing access to social media is also aiding women entrepreneurs to enter direct selling businesses in South Africa. Diverse competence, availability of resources, and increasing access to the internet are expected to provide strong growth goals to the market.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa direct selling market , including forecasts for subscribers. This country databook contains high-level insights into South Africa direct selling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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