Africa Cosmeceutical Market

Africa Cosmeceutical Market by Product Types (Skin Care [Anti-acne, Anti-Aging, Sun Protection, and Moisturizers], Hair Care [Shampoos & Conditioners, Hair Colorants, and Dyes] Lip Care, and Oral Care) Distribution Channels (Supermarket/Hypermarkets, Online Retail, Convenience Stores, Specialist Stores, and Others), and Geography (South Africa, Egypt, and Rest of Africa)- Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: CG-3496
  • Author: Growth Market Reports
  • Rating: 4.3
  • Total Reviews: 3
  • No. Of Pages: 211
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The Africa cosmeceutical market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising disposable income and increasing spending on beauty products among women.

Africa Cosmeceutical Market

Cosmeceuticals contain bioactive components with medical properties. They are applied locally in the form of creams or lotions, and contain chemicals that can impact skin cell activity. The creation of novel active ingredients in the cosmetics sector has been aided by advancements in pharmaceutical and biotechnology industries.

Market Trends, Drivers, Restraints and Opportunities

  • Rising aging population and increasing consumer awareness about benefits of beauty products are anticipated to propel the market growth during the projected period.
  • Increasing demand for natural and herbal skin care products is estimated to fuel the market growth.
  • High cost of natural and herbal cosmetics as well as rigorous government regulations on raw ingredients can hamper the growth of the market.
  • Growing consumer awareness about the adverse consequences of cosmetic components can hinder the market expansion during the forecast period.
  • Increasing utilization of home remedy solution is estimated to inhibit the market growth.
  • Rising spending on research and development and technological advancements regarding cosmeceutical treatments and organic product development are expected to provide considerable opportunities for market participants in the projected timeline.

Scope of the Report

The report on the Africa cosmeceutical market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Africa Cosmeceutical Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Product Types (Skin Care [Anti-acne, Anti-Aging, Sun Protection, Moisturizers], Hair Care [Shampoos & Conditioners, Hair Colorants, and Dyes) Lip Care, and Oral Care) Distribution Channels (Supermarket/Hypermarkets, Online Retail, Convenience Stores, Specialist Stores, and Others),

Country

South Africa, Egypt, and Rest of Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Procter & Gamble; Unilever PLC; L'Oréal SA; Shiseido Co. Ltd; and Bayer AG

Africa Cosmeceutical Market Segment Insights

Skin care segment is expected to grow at a rapid pace

Based on product types, the market is divided into skin care, hair care, lip care, and oral care. The skin care segment is further categorized as anti-acne, anti-aging, sun protection, and moisturizers. On the other hand, the hair care segment is divided into shampoos & conditioners, hair colorants, and dyes. The skin care segment is expected to grow at a rapid pace during the forecast period owing to increasing awareness of skin care among consumers.

Africa Cosmeceutical Market

Specialist stores segment is projected to expand at a considerable CAGR

On the basis of distribution channels, the Africa cosmeceutical market is segregated into supermarket/hypermarkets, online retail, convenience stores, specialist stores, and others. The specialist stores segment is projected to expand at a considerable CAGR during the forecast period due to convenience in shopping and assistance of sales personnel. On the other hand, the online retail segment is anticipated to account for a major market share during the forecast period due to increasing number of online sales channels, rising technical advancements, and presence of variety of discounts. Most of companies are expanding their online presence owing to increasing penetration of Internet across the globe.

South Africa is anticipated to constitute a key market share

In terms of regions, the market is classified as south Africa, Egypt, and Rest of Africa. South Africa is expected to constitute a key share of the market during the projected period. The prevalence of hectic lifestyles and growing awareness about hair and beauty products are major factors driving the country’s market growth.

Africa Cosmeceutical Market

Segments

Segments Covered in the Report

The Africa cosmeceutical market has been segmented on the basis of

Product Types

  • Skin Care
    • Anti-acne
    • Anti-Aging
    • Sun Protection
    • Moisturizers
  • Hair Care
    • Shampoos & Conditioners
    • Hair Colorants
    • Dyes
  • Lip Care
  • Oral Care

Distribution Channels

  • Supermarket/Hypermarkets
  • Online Retail
  • Convenience Stores
  • Specialist Stores
  • Others

Country

  • South Africa
  • Egypt
  • Rest of Africa

Key Players

  • Procter & Gamble
  • Unilever PLC
  • L'Oréal SA
  • Shiseido Co. Ltd
  • Bayer AG

Competitive Landscape

Key players competing in the Africa cosmeceutical market are Procter & Gamble; Unilever PLC; L'Oréal SA; Shiseido Co. Ltd; and Bayer AG.

Companies are engaging in partnerships with various distribution partners to expand their market share.

Africa Cosmeceutical Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cosmeceutical Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cosmeceutical Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cosmeceutical Market - Supply Chain
  4.5. Global Cosmeceutical Market Forecast
     4.5.1. Cosmeceutical Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cosmeceutical Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cosmeceutical Market Absolute $ Opportunity
5. Global Cosmeceutical Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Cosmeceutical Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Cosmeceutical Demand Share Forecast, 2019-2026
6. North America Cosmeceutical Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Cosmeceutical Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Cosmeceutical Demand Share Forecast, 2019-2026
7. Latin America Cosmeceutical Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Cosmeceutical Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Cosmeceutical Demand Share Forecast, 2019-2026
8. Europe Cosmeceutical Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Cosmeceutical Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Cosmeceutical Demand Share Forecast, 2019-2026
9. Asia Pacific Cosmeceutical Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Cosmeceutical Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Cosmeceutical Demand Share Forecast, 2019-2026
10. Middle East & Africa Cosmeceutical Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Cosmeceutical Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Cosmeceutical Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Cosmeceutical Market: Market Share Analysis
  11.2. Cosmeceutical Distributors and Customers
  11.3. Cosmeceutical Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The Africa cosmeceutical market has been segmented on the basis of

Product Types

  • Skin Care
    • Anti-acne
    • Anti-Aging
    • Sun Protection
    • Moisturizers
  • Hair Care
    • Shampoos & Conditioners
    • Hair Colorants
    • Dyes
  • Lip Care
  • Oral Care

Distribution Channels

  • Supermarket/Hypermarkets
  • Online Retail
  • Convenience Stores
  • Specialist Stores
  • Others

Country

  • South Africa
  • Egypt
  • Rest of Africa

Key Players

  • Procter & Gamble
  • Unilever PLC
  • L'Oréal SA
  • Shiseido Co. Ltd
  • Bayer AG

Key players competing in the Africa cosmeceutical market are Procter & Gamble; Unilever PLC; L'Oréal SA; Shiseido Co. Ltd; and Bayer AG.

Companies are engaging in partnerships with various distribution partners to expand their market share.

Africa Cosmeceutical Market

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