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South Africa Skin Care Market Size, Growth & Industry 2031

Skincare Market

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Segments - by Types (Face Care [Cleansers, Masks, Exfoliators/Scrubs, Oils/Serums, Moisturizers, and Others] and Body Care [ Body Lotions, Body Wash, and Others], Distribution Channels (Hypermarket/Supermarkets, Convenience Stores, Online Retail Stores, and Others), and Country (South Africa) - South Africa Industry Analysis, Growth, Share, Size, Trends, And Forecast 2023 – 2031

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Author :

Debadatta Patel

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Aman Singh

Report Description

The South Africa skincare market size was valued at USD 23.09 Million in 2022 and is likely to reach USD 48.56 Million by 2031, expanding at a CAGR of 8.6% during 2023 – 2031. The growth of the market is attributed to increasing awareness about the benefits of skincare products. Moreover, rising trend of ‘self-care’ marketing techniques is spurring the growth of the market.

Skin care is the practice of enhancing skin appearance and relieving skin conditions. It includes providing nutrition to the skin and using emollients to slow down aging. The skin care includes use of cosmetics, botulinum, exfoliation, fillers, and laser resurfacing, microdermabrasion, retinol therapy and ultrasonic skin treatment.

Skin care is a daily practice for preventing dermatitis and skin injuries. Consumers often prefer skin products with organic and natural ingredients. Clinical and laboratory studies have concluded that natural products provide better benefits than synthetic products.

The market in South Africa is experiencing a decent contribution of women in the workforce population, which is one of the key factors boosting the demand for skin care products in the country. Increasing inclination of women in the country toward herbal and natural ingredients derived from vegetable extracts, such as lavender and aloe vera is boosting the market growth.

Skin Care Market Trends, Drivers, Restraints, and Opportunities:

Rising awareness about skin care benefits is expected to drive the market growth.
Consumers shift toward natural and organic ingredients is anticipated to positively impact the growth of the market.
Rapid growth in the e-commerce activities is anticipated to fuel the market growth in the projected timeline.
The COVID-19 pandemic had negatively impacted the growth of the market owing to supply disruption across the globe. However, the relaxation in the travel restrictions is anticipated to proliferate the market growth.
High cost of natural products can hinder the market growth in the projected timeline.

Scope of Skincare Market Report

The report on the South Africa skincare market research report 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	South Africa skincare market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Face Care [Cleansers, Masks, Exfoliators/Scrubs, Oils/Serums, Moisturizers, and Others] and Body Care [Body Lotions, Body Wash, and Others] and Distribution Channels (Hypermarket/Supermarkets, Convenience Stores, Online Retail Stores, and Others)
Geographic Zone	South Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Avon Products, Estée Lauder Inc., Unilever, Beiersdorf AG and Procter & Gamble.

Skincare Market Segment Insights

Face care to account a considerable market share

Based on types, the market is divided into face care and body care. The face care segment is further segmented into cleansers, masks, exfoliators/scrubs, oils/serums, moisturizers, and others. The body care segment is segregated into body lotions, body wash, and others. The face care segment is anticipated to account for a considerable market share during the forecast period.

Skin care products are playing a key role in daily healthcare of individuals. Rising awareness about beauty and consciousness toward skin care are the prominent factors that are boosting the market segment growth. On the other hand, the body care segment is expected to grow at a robust CAGR during the forecast period.

Online retail stores segment to exhibit a high CAGR

Based on distribution channels, the South Africa skincare market is segmented into hypermarket/supermarkets, convenience stores, online retail stores, and others. The online retail stores segment is expected to exhibit a high CAGR during the forecast period. This is due to rapid development in the technology, which in turn, eases the process of online buying.

Moreover, easy payment method is one of the key drivers for the e-commerce market. The launch of new product on the behemoth online retail stores is creating remunerative opportunities for new entrants in the market, as it improving their sales by increasing their geographical presence.

Segments

Types

Face Care
- Cleansers
- Masks
- Exfoliators/Scrubs
- Oils/Serums
- Moisturizers
- Others
Body care
- Body Lotions
- Body Wash
- Others

Distribution Channels

Hypermarket/Supermarkets
Convenience Stores
Online Retail Stores
Others

Key Players

Avon Products
Estée Lauder Inc.
Unilever
Beiersdorf AG
Procter & Gamble.

Competitive Landscape

Key players operating in the South Africa skincare market includes Avon Products, Estée Lauder Inc., Unilever, Beiersdorf AG and Procter & Gamble.
Companies are partnering with local manufacturers and are engaging in creative business strategies to expand their market share.

Skincare Market Keyplayers

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Skincare 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. Skincare Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Skincare Market - Supply Chain
  4.5. Global Skincare Market Forecast
     4.5.1. Skincare Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Skincare Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Skincare Market Absolute $ Opportunity
5. Global Skincare 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. Skincare 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 Skincare Demand Share Forecast, 2019-2026
6. North America Skincare 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 Skincare 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 Skincare Demand Share Forecast, 2019-2026
7. Latin America Skincare 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 Skincare 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 Skincare Demand Share Forecast, 2019-2026
8. Europe Skincare 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 Skincare 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 Skincare Demand Share Forecast, 2019-2026
9. Asia Pacific Skincare 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 Skincare 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 Skincare Demand Share Forecast, 2019-2026
10. Middle East & Africa Skincare 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 Skincare 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 Skincare Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Skincare Market: Market Share Analysis
  11.2. Skincare Distributors and Customers
  11.3. Skincare Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Avon Products
     11.4.2. Estée Lauder Inc.
     11.4.3. Unilever
     11.4.4. Beiersdorf AG
     11.4.5. Procter & Gamble.

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