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Subject: MRR

Mens' Skincare Products Market to record USD 5.78 Bn incremental growth -- Driven by innovation and portfolio extension leading to product premiumization


NEW YORK, Sept. 25, 2022 /PRNewswire/ -- The "Men's Skincare Products Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The report expects the market size to grow by USD 5.78 billion, accelerating at a CAGR of 6.77% during the forecast period. The report considers various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download Sample PDF Report Here to get an idea of the overall scope of the full report.

Although the innovation and portfolio extension leading to product premiumization will offer immense growth opportunities, the threat from counterfeit men skincare 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 global mens' skincare products market is fragmented due to the presence of several regional and global vendors. The vendors in the market are focusing on new product launches and M&A activities to remain competitive in the market. The report identifies Amway Corp., Beiersdorf Aktiengesellschaft, Coty Inc., Dr. Babor GmbH and Co. KG, Groupe Clarins, Henkel AG and Co. KGaA, Kao Corp., Loccitane International SA, LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Mountain Valley Springs India Pvt. Ltd., Oriflame Holding AG, Revlon Inc, Shiseido Co. Ltd., The Avon Co., The Body Shop International Ltd., The Clorox Co., The Estee Lauder Co. Inc., The Procter and Gamble Co., and Unilever Group as major market participants. Request Sample Report Here

The global mens' skincare products market is segmented as below:

The offline segment currently accounts for maximum revenue generation in the market. The segment includes specialty stores, supermarkets and hypermarkets, medical clinics and institutes, drugstores, convenience stores, and department and clubhouse stores. The proliferation of these stores is driving the growth of the segment.

By product, the market growth in the face skincare products segment will be significant over the forecast period.

North America will dominate the market growth, occupying 32% of the global market share. New product launches will be crucial in driving the growth of the regional market. The US and Canada are the key markets for mens' skincare products market in North America. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our mens' skincare products market report covers the following areas:

Mens' Skincare Products Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the mens' skincare products market. Backed with competitive intelligence and benchmarking, our research report on the mens' skincare products market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Mens' Skincare Products Market 2022-2026: Key Highlights

Related Reports:

Mens' Skincare Products Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.77%

Market growth 2022-2026

USD 5.78 billion

Market structure

Fragmented

YoY growth (%)

6.42

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 32%

Key consumer countries

US, Canada, China, Japan, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Amway Corp., Beiersdorf Aktiengesellschaft, Coty Inc., Dr. Babor GmbH and Co. KG, Groupe Clarins, Henkel AG and Co. KGaA, Kao Corp., Loccitane International SA, LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Mountain Valley Springs India Pvt. Ltd., Oriflame Holding AG, Revlon Inc, Shiseido Co. Ltd., The Avon Co., The Body Shop International Ltd., The Clorox Co., The Estee Lauder Co. 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, and 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.

Table Of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by Distribution channel

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

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: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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News published on 25 september 2022 at 22:45 and distributed by: