Attractive Opportunities in Beauty and Personal Care Market in Africa by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

Attractive Opportunities in Beauty and Personal Care Market in Africa by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

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NEW YORK, Jan. 13, 2022 /PRNewswire/ -- 53% of the growth will originate from South Africa for the beauty and personal care market in Africa. South Africa, Kenya, Egypt (Arab Republic of Egypt), Nigeria, and the Rest of Africa are the key markets for the beauty and personal care market in Africa in South Africa. The beauty and personal care market in Africa is set to grow by USD 1.26 billion from 2020 to 2025, progressing at a CAGR of 2%  according to Technavio.

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Beauty and Personal Care Market in Africa 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our beauty and personal care market in Africa report cover the following areas:

Beauty and Personal Care Market in Africa 2021-2025: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Avon Products Inc., Beiersdorf AG, Coty Inc., Godrej Consumer Products Ltd., Johnson and Johnson, LOreal SA, Revlon Inc., The Estee Lauder Companies Inc., The Procter, and Gamble Co., and Unilever Group are some of the major market participants.

Beauty and Personal Care Market in Africa 2021-2025: Drivers & Challenges

The product innovation and product line extension, growing focus on Afrocentric requirements, and the rise in demand for men's personal care products will offer immense growth opportunities. However, the availability of counterfeit beauty and personal care products will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.  The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Beauty and Personal Care Market in Africa 2021-2025: Segmentation

  • Product
    • Skincare
    • Hair Care
    • Color Cosmetics
    • Fragrances
    • Others
  • Distribution Channel
    • Offline
    • Online
  • Geography
    • South Africa
    • Kenya
    • Egypt (Arab Republic Of Egypt)
    • Nigeria
    • Rest Of Africa

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Beauty and Personal Care Market in Africa 2021-2025: Revenue Generating Segment

The beauty and personal care market in Africa by the skincare segment will be significant for revenue generation. The skincare products segment consists of two main categories that include face skincare products and body skincare products. Products that fall under this segment include anti-aging skin care products, moisturizers, skin brightening products, wrinkle removers, and others. Consumers demand decent-quality and value-added skincare products at affordable prices. This intensifies market competition due to the presence of international and regional vendors. 

Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the beauty and personal care market in Africa size and actionable market insights on each segment.

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Beauty and Personal Care Market in Africa 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist the beauty and personal care market in Africa growth during the next five years
  • Estimation of the beauty and personal care market in Africa size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the beauty and personal care market in Africa
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of the beauty and personal care market in Africa vendors

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Personal Care Market -The personal care market has the potential to grow by USD 148.89 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 5.68%. Download a free sample now!Hair Care Market -The haircare market has the potential to grow by USD 26.56 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 5.47%. Download a free sample now!

Beauty And Personal Care Market In Africa Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2021-2025

USD 1.26 billion

Market structure

Fragmented

YoY growth (%)

0.51

Regional analysis

South Africa, Kenya, Egypt (Arab Republic of Egypt), Nigeria, and the Rest of Africa

Performing market contribution

South Africa at 53%

Key consumer countries

South Africa, Kenya, Egypt (Arab Republic of Egypt), Nigeria, and the Rest of Africa

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Avon Products Inc., Beiersdorf AG, Coty Inc., Godrej Consumer Products Ltd., Johnson and Johnson, LOreal SA, Revlon Inc., The Estee Lauder Companies Inc., The Procter and Gamble Co., and Unilever Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.comWebsite: www.technavio.com/

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SOURCE Technavio

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