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Make-Up in South Africa

Summary

Make-Up in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- Makeup market includes cosmetic products applied to the face, body, or nails to enhance or improve one’s appearance, color, or texture.
- The South African makeup market recorded revenues of $346.8 million in 2024, representing a compound annual growth rate (CAGR) of 0.9% between 2019–24.
- Market consumption volume increased with a CAGR of 0.5% between 2019–24, reaching a total of 44.8 million units in 2024.
- The South African makeup market registered sluggish growth during 2019–24, primarily due to the slow economic growth rate, a decline in consumer spending on nonessential commodities, and consumers' buying behavior, where consumers are looking for value for money products.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the make-up market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the make-up market in South Africa
- Leading company profiles reveal details of key make-up market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa make-up market with five year forecasts

Reasons To Buy

- What was the size of the South Africa make-up market by value in 2024?
- What will be the size of the South Africa make-up market in 2029?
- What factors are affecting the strength of competition in the South Africa make-up market?
- How has the market performed over the last five years?
- What are the main segments that make up South Africa's make-up market?