1. What is the projected Compound Annual Growth Rate (CAGR) of the Mens Grooming Product Market?
The projected CAGR is approximately 4.6%.
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Mens Grooming Product MarketMens Grooming Product Market by Product Type (Shave/Beard Care Products, Skincare Products, Haircare Products, Others), by Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Online Channels, Others), by By Product Type (Shave/Beard Care Products, Skincare Products, Haircare Products, Others), by Europe (Germany, France, Italy, Spain, U.K., Russia, Rest of Europe), by Asia Pacific (China, India, Japan, South Korea, Australia, Rest of Asia Pacific), by South America (Brazil, Argentina, Rest of South America), by The Middle East & Africa (South Africa, UAE, Rest of the Middle East & Africa) Forecast 2026-2034
The Mens Grooming Product Market size was valued at USD 54.38 USD Billion in 2023 and is projected to reach USD 74.50 USD Billion by 2032, exhibiting a CAGR of 4.6 % during the forecast period. Personal care products for men include a great many items that are aimed at improving and supporting men’s health and looks. These products include facial and body cleansers, face and body lotions and creams, facial and body anti-ageing products, hair care products like shampoos and conditioners, hair styling products, shaving products such as razors and shaving creams and after-shave lotions, deodorants, and body sprays. For example, skincare products are made from natural ingredients and vitamins that support the skin, and hair care products often contain substances that harden and lengthen hair. Shaving products are usually formulated to deliver a smooth cutting action with minimal post-razor skin reaction. The fields in which male grooming can be used are very broad and include common hygiene activities, special care needs, and general body beautification. The benefits are manifold: they enhance skin health, build confidence, and also complete the groomed and professional appearance.
Product Type:
Distribution Channel:
The report provides a comprehensive analysis of the men's grooming product market, covering market size, growth drivers, challenges, emerging trends, and competitive landscape. It also includes insights into consumer behaviour, industry dynamics, and recent developments.
The global men's grooming product market exhibits diverse regional dynamics, shaped by economic factors, cultural trends, and levels of product awareness. Analysis reveals a clear stratification:
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 4.6% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 4.6%.
Key companies in the market include L’Oréal S.A. (France), Kao Corporation (Japan), The Procter & Gamble Company (U.S.), Unilever plc. (U.K.), Coty, Inc. (U.S.), Beiersdorf AG (Germany), The Estée Lauder Companies Inc. (U.S.), LVMH (France), Shiseido Co. Ltd. (Japan), Natura & Co (Brazil).
The market segments include Product Type, Distribution Channel.
The market size is estimated to be USD 54.38 USD Billion as of 2022.
Growing Demand for Bath Towels from End-use Industries to Propel the Market Growth.
Blend of Style. Sustainability. and Functionality are Trending Aspect.
Incidences of Skin Problems Due to Chemical-based Cosmetics to Impact Market Growth.
October 2023 - Hammer & Nails, a premium men’s grooming franchise, expanded its barber shop business by initiating a construction project of around 70 franchise shops across Texas, U.S. This expansion would support the consumption of skincare and beard care products in Texas, U.S.
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The market size is provided in terms of value, measured in USD Billion and volume, measured in K Units.
Yes, the market keyword associated with the report is "Mens Grooming Product Market," which aids in identifying and referencing the specific market segment covered.
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