Fragrances in South Africa
Summary
Fragrances in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The fragrances market consists of the sale of male, female, unisex fragrances, and fragrances sets. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
- The South African Fragrances market had total revenues of $656.3 million in 2023, representing a compound annual growth rate (CAGR) of 3.6% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 1% between 2018 and 2023, to reach a total of 12.9 million units in 2023.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 5.9% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $874.4 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the fragrances market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the fragrances market in South Africa
- Leading company profiles reveal details of key fragrances market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa fragrances market with five year forecasts by both value and volume
- What was the size of the South Africa fragrances market by value in 2023?
- What will be the size of the South Africa fragrances market in 2028?
- What factors are affecting the strength of competition in the South Africa fragrances market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa's fragrances market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the South African fragrances market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. Which companies market shares have suffered in the last 5 years (2018-2023)?
- 7.5. What are the most popular brands in the South African fragrances market?
- 8 Company Profiles
- 8.1. Chanel Inc
- 8.2. Natura & Co Holding SA
- 8.3. Revlon Inc
- 8.4. The Estee Lauder Companies Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: South Africa fragrances market value: $ million, 2018-23
- Table 2: South Africa fragrances market volume: million units, 2018-23
- Table 3: South Africa fragrances market category segmentation: % share, by value, 2018-2023
- Table 4: South Africa fragrances market category segmentation: $ million, 2018-2023
- Table 5: South Africa fragrances market geography segmentation: $ million, 2023
- Table 6: South Africa fragrances market distribution: % share, by value, 2023
- Table 7: South Africa fragrances market value forecast: $ million, 2023-28
- Table 8: South Africa fragrances market volume forecast: million units, 2023-28
- Table 9: South Africa fragrances market share: % share, by value, 2023
- Table 10: Chanel Inc: key facts
- Table 11: Chanel Inc: Key Employees
- Table 12: Natura & Co Holding SA: key facts
- Table 13: Natura & Co Holding SA: Annual Financial Ratios
- Table 14: Natura & Co Holding SA: Key Employees
- Table 15: Revlon Inc: key facts
- Table 16: Revlon Inc: Key Employees
- Table 17: The Estee Lauder Companies Inc: key facts
- Table 18: The Estee Lauder Companies Inc: Annual Financial Ratios
- Table 19: The Estee Lauder Companies Inc: Key Employees
- Table 20: The Estee Lauder Companies Inc: Key Employees Continued
- Table 21: South Africa size of population (million), 2019-23
- Table 22: South Africa gdp (constant 2005 prices, $ billion), 2019-23
- Table 23: South Africa gdp (current prices, $ billion), 2019-23
- Table 24: South Africa inflation, 2019-23
- Table 25: South Africa consumer price index (absolute), 2019-23
- Table 26: South Africa exchange rate, 2019-23
- List of Figures
- Figure 1: South Africa fragrances market value: $ million, 2018-23
- Figure 2: South Africa fragrances market volume: million units, 2018-23
- Figure 3: South Africa fragrances market category segmentation: $ million, 2018-2023
- Figure 4: South Africa fragrances market geography segmentation: % share, by value, 2023
- Figure 5: South Africa fragrances market distribution: % share, by value, 2023
- Figure 6: South Africa fragrances market value forecast: $ million, 2023-28
- Figure 7: South Africa fragrances market volume forecast: million units, 2023-28
- Figure 8: Forces driving competition in the fragrances market in South Africa, 2023
- Figure 9: Drivers of buyer power in the fragrances market in South Africa, 2023
- Figure 10: Drivers of supplier power in the fragrances market in South Africa, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the fragrances market in South Africa, 2023
- Figure 12: Factors influencing the threat of substitutes in the fragrances market in South Africa, 2023
- Figure 13: Drivers of degree of rivalry in the fragrances market in South Africa, 2023
- Figure 14: South Africa fragrances market share: % share, by value, 2023
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