South Africa Lipstick Market Size & Outlook, 2024-2030
The lipstick market in South Africa is expected to reach a projected revenue of US$ 271.6 million by 2030. A compound annual growth rate of 7.1% is expected of South Africa lipstick market from 2025 to 2030.
Revenue, 2024 (US$M)
$178.1
Forecast, 2030 (US$M)
$271.6
CAGR, 2025 - 2030
7.1%
Report Coverage
South Africa
South Africa lipstick market, 2018-2030 (US$M)
Related Markets
South Africa lipstick market highlights
- The South Africa lipstick market generated a revenue of USD 178.1 million in 2024 and is expected to reach USD 271.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.1% from 2025 to 2030.
- In terms of segment, shimmer was the largest revenue generating product in 2024.
- Matte is the most lucrative product segment registering the fastest growth during the forecast period.
Lipstick market data book summary
| Market revenue in 2024 | USD 178.1 million |
| Market revenue in 2030 | USD 271.6 million |
| Growth rate | 7.1% (CAGR from 2025 to 2030) |
| Largest segment | Shimmer |
| Fastest growing segment | Matte |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shimmer, Matte, Cream, Long-wearing |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.0% of the global lipstick market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa lipstick 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 271.6 million by 2030.
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Lipstick Market Scope
Lipstick market segmentation & scope
Lipstick Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa lipstick market size, by product, 2018-2030 (US$M)
South Africa Lipstick Market Outlook Share, 2024 & 2030 (US$M)
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