The South Africa cosmetics and personal care products market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 6.62% during 2023–2031. The growth of the market is attributed to improvement in quality of life.
Peoples use cosmetics and personal care products for the purpose of hygiene and improving aesthetic appeal of the body. Cosmetics products has become an essential feature of current lifestyle of individuals, along with women; men are also increasingly using cosmetics in their daily routine.The switching preference to produce hand sanitizers, cleaning agents, and personal care products among manufacturers due to the COVID-19 pandemic propelled the sales and growth of the market.
South Africa Cosmetics and Personal Care Products Market Trends, Drivers, Restraints, and Opportunities
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Growing consciousness about external beauty along with individual’s Internal intellect is anticipated to drive the market growth during the forecast period.
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Increasing awareness of probable side effects of cosmetics and skin concerns among customers is projected to boost the market growth in the coming years.
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Rising demand for men’s grooming products supported by the preference for multifunctional products is anticipated to drive the market growth during the forecast period.
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Expanding demand for anti-aging cosmetics products is anticipated to drive the market growth during the forecast period.
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Lagging awareness regarding skin care can restrict the market growth.
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Stringent government regulations can hamper the market growth in the coming years.
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Changing product branding and advertising strategies to accelerate their sales can create lucrative opportunities in the market growth.
Scope of South Africa Cosmetics and Personal Care Products Market Report
The report on the South Africa cosmetics and personal care products market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Cosmetics and Personal Care Products Market - South Africa Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Product Types (Personal Care Products [Hair Care Products {Shampoo, Conditioners, Hair Styling and Coloring Products, and Others}, Skin Care Products {Facial Care Products, Lip Care Products, and Body Care Products}, Bath and Showers {Shower Gels, Soaps, Bath Salts, and Others}, Oral Care, Men's Grooming Products, and Deodorants and Antiperspirants] and Cosmetics/Make-up Products) and Distribution Channels (Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels, and Others)
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Country
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South Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Unilever South Africa; Procter & Gamble; Avon; L’Oreal SA; and The Estee Launder Companies
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South Africa Cosmetics and Personal Care Products Market Segment Insights
Based on product types, the market is divided into personal care products and cosmetics/make-up products. The personal care products segment is segregated into hair care products, skin care products, bath and showers, oral care, men's grooming products, and deodorants and antiperspirants. The hair care products segment is segmented into shampoo, conditioners, hair styling and coloring products, and others.
The skin care products segment is segmented into facial care products, lip care products, and body care products. The bath and showers segment is divided into shower gels, soaps, bath salts, and others. The personal care products segment is anticipated to hold a key share of the market in the coming years, as it help in fighting with the effects of aging and protection from environmental damage such as pollution. However, the cosmetics/make-up products segment is anticipated to expand at a rapid pace during the forecast period.
Based on distribution channels, the market is segregated into specialist retail stores, supermarkets/hypermarkets, convenience stores, pharmacies/drug stores, online retail channels, and others.
The supermarkets/hypermarkets segment is anticipated to hold a key share of the market in the coming years due to availability of variety and standard cosmetic products, less operating cost, and freedom of selection. On the other hand, the convenience stores segment is anticipated to expand at a rapid pace during the forecast period owing to provides an economic boost to the community.
Segments
The South Africa cosmetics and personal care products has been segmented on the basis of
Product Types
- Personal Care Products
- Hair Care Products
- Shampoo
- Conditioners
- Hair Styling and Coloring Products
- Others
- Facial Care Products
- Lip Care Products
- Body Care Products
- Shower Gels
- Soaps
- Bath Salts
- Others
- Oral Care
- Men's Grooming Products
- Deodorants and Antiperspirants
- Cosmetics/Make-up Products
Distribution Channels
- Specialist Retail Stores
- Supermarkets/Hypermarkets
- Convenience Stores
- Pharmacies/Drug Stores
- Online Retail Channels
- Others
Country
Key Players
Competitive Landscape
Key players competing in the South Africa cosmetics and personal care products market includes Unilever South Africa; Procter & Gamble; Avon; L’Oreal SA; and The Estee Launder Companies.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.