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AFRICA FOCUS: Beauty and science in the spotlight

With insights from leading Nigerian and South African cosmetic scientists, we look at the huge diversity and potential within the African cosmetics market.

The continent of Africa is the secondmost populous continent in the world after Asia. With 1.3 billion people living within its 54 countries, Africa offers a huge amount of potential for Africabased and international companies willing to address the specific skin care, hair care and beauty needs of its wide range of ethnicities.

According to Beauty Africa, the overall beauty and cosmetics market across the continent was worth €7.5 billion in 2018, a figure which is predicted to increase at a rate of 8% and 10% per year against a global market growth rate of close to 4%. The figure is predicted to reach €12 billion by 2022.

South Africa is the largest market in sub-Saharan Africa with €3.5 billion of revenue in 2018. Nigeria, is seen as a rising star with a potential €3.2 billion of revenue by 2022.

Land of youth

Africa has been a key focus for many leading futurists for some time now as the continent bucks

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Upcoming Events

in-cosmetics Korea 2022

Hall C, Coex, Seoul, South Korea
13 - 15 July 2022

PCHi China 2022

Shanghai World Expo Exhibition & Convention Center
18 - 20 July 2022

32nd IFSCC Congress

Park Plaza Hotel, Westminster
19-22 September 2022

in-cosmetics Asia 2022

BITEC Bangkok, Thailand
1 - 3 November 2022

SCS Formulate 2022

Coventry Building Society Arena
15 - 16 November 2022

8th Anti-Ageing Skin Care Conference

Royal College of Physicians, London
29 - 30 November 2022

Access the latest issue of Personal Care Magazine on your mobile device together with an archive of back issues.

Download the FREE Personal Care Magazine app from your device's App store

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