South Africa Lanolin Market Size & Outlook, 2023-2030
South Africa lanolin market, 2018-2030 (US$M)
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South Africa lanolin market highlights
- The South Africa lanolin market generated a revenue of USD 5.9 million in 2023 and is expected to reach USD 7.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, lanolin alcohol was the largest revenue generating product in 2023.
- Cholesterin is the most lucrative product segment registering the fastest growth during the forecast period.
Lanolin market data book summary
| Market revenue in 2023 | USD 5.9 million |
| Market revenue in 2030 | USD 7.7 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Lanolin alcohol |
| Fastest growing segment | Cholesterin |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lanolin Alcohol, Cholesterin, Isopropyl Lanolate, Laneth, Lanogene, Lanosterols, Quaternium 33, PEG-75, Lanolin Fatty Acid |
| Key market players worldwide | Basf SE, The Lubrizol Corp, Imperial Brands PLC, Nippon Chemical Industrial, Lanotec, Croda International PLC, Esperis, Rolex Lanolin |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.9% of the global lanolin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa lanolin 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 7.7 million by 2030.
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Lanolin Market Scope
Lanolin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa lanolin 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 lanolin market will help companies and investors design strategic landscapes.
Lanolin alcohol was the largest segment with a revenue share of 16.95% in 2023. Horizon Databook has segmented the South Africa lanolin market based on lanolin alcohol, cholesterin, isopropyl lanolate, laneth, lanogene, lanosterols, quaternium 33, peg-75, lanolin fatty acid covering the revenue growth of each sub-segment from 2018 to 2030.
The pharmaceutical industry in South Africa is expected to grow significantly in the coming years and emerge as a major consumer of lanolin as an emollient in its formulations. According to the Department of Trade and Industry of South Africa government, the pharmaceutical sales in the country is expected to reach 4.05 billion in 2025, growing at about 8.9% over the previous year.
The chemical products and pharmaceuticals strategic business unit of the Industrial Development Corporation in South Africa is a major source of funds for the pharmaceutical business, fueling the growth of the pharmaceutical sector in the country. These developments have contributed to the sector becoming a major source of GDP to the South African economy during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa lanolin market , including forecasts for subscribers. This country databook contains high-level insights into South Africa lanolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa lanolin market size, by product, 2018-2030 (US$M)
South Africa Lanolin Market Outlook Share, 2023 & 2030 (US$M)
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