South Africa Hospitality Market Size & Outlook, 2025-2033
South Africa Hospitality Market Insights
- According to Deep Market Insights analysis, the South Africa Hospitality Market size was USD 45.91 Billion in 2024 and is projected to reach USD 73.43 Billion by 2033.
- The South Africa market is projected to grow at a CAGR of 5.38% between 2025 and 2033.
- By segment, Accommodation emerged as the largest Service Type in terms of market size in 2024.
- Food & Beverage is anticipated to remain the most attractive Service Type segment, recording the fastest growth during the forecast period.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- South Africa accounted for 0.87% of the global Hospitality Market size in 2024.
- By 2033, United States is expected to remain the top global market in terms of size.
- Within Middle East and Africa, United Arab Emirates is forecasted to dominate the regional Hospitality Market size by 2033.
- South Africa will be the fastest-growing market in Middle East and Africa, projected to achieve USD 73.59 Billion by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 45.91 Billion |
| Market Size In 2033 | USD 73.43 Billion |
| Largest segment | Accommodation |
| Units | Revenue in USD Billion |
| CAGR | 5.38% (2025-2033) |
| Segmnetation Covered | |
| Service Type |
|
| Ownership |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
South Africa Hospitality Market Service Type 2025-2033 (USD Billion)
| Service Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Accommodation | XX.x | XX.x | XX.x | 22.69 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Food & Beverage | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Travel Services | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
South Africa Hospitality Market Ownership 2025-2033 (USD Billion)
| Ownership | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chain | XX.x | XX.x | XX.x | 29.3 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Independent | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.