Male grooming products market: APAC is estimated to account for 30% of the market's growth from 2022 to 2027 - Technavio
NEW YORK, Jan. 17, 2023 /PRNewswire/ -- The male grooming products market is segmented by application (shave care, hair care, skincare, fragrance, and others), distribution channel (offline and online), and geography (Europe, North America, APAC, South America, and Middle East and Africa). The shave care segment held the largest share of the market in 2022. The segment is estimated to witness significant growth during the forecast period. The segment includes razors, shaving lotions, brushes, oils, and other shaving kit alternatives. The segment is driven by the increasing demand for grooming products to maintain and shave beards. The growing demand is encouraging popular brands such as Gillette, Beardo, Brute, Axe, and Old Spice to increase their product offerings and expand their presence online.
What are the major trends in the market? Vendors partnering with salons and spas is an emerging trend in the market.
At what rate is the market projected to grow? The male grooming products market is estimated to grow at a CAGR of 8.78% between 2022 and 2027.
Who are the top players in the market? The male grooming products market comprises of several market vendors, including Beiersdorf Canada Inc., CHANEL Ltd., Coty Inc., Edgewell Personal Care Co., GroomingLounge.com LLC, Helios Lifestyle Pvt Ltd., Johnson and Johnson, Kao Corp., Koninklijke Philips NV, LOccitane Groupe SA, LOreal SA, MacAndrews and Forbes Inc., MALIN GOETZ, Molton Brown Ltd., Natura and Co Holding SA, Panasonic Holdings Corp. among others.
What are the key market drivers and challenges? The growing number of fashion-conscious consumers is notably driving the market growth, although factors such as the availability of counterfeit products may impede the market growth.
What is the largest region in the market? APAC is estimated to contribute 30% to the growth of the global market during the forecast period.
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Male Grooming Products Market Scope
Report Coverage
Details
Page number
176
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 8.78%
Market growth 2023-2027
USD 35640.91 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
7.87
Regional analysis
Europe, North America, APAC, South America, and Middle East and Africa
Performing market contribution
APAC at 30%
Key countries
US, Canada, China, India, and Germany
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Beiersdorf Canada Inc., CHANEL Ltd., Coty Inc., Edgewell Personal Care Co., GroomingLounge.com LLC, Helios Lifestyle Pvt Ltd., Johnson and Johnson, Kao Corp., Koninklijke Philips NV, LOccitane Groupe SA, LOreal SA, MacAndrews and Forbes Inc., MALIN GOETZ, Molton Brown Ltd., Natura and Co Holding SA, Panasonic Holdings Corp., The Procter and Gamble Co., Shiseido Co. Ltd., Unilever PLC, and VI JOHN GROUP
Market dynamics
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis 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.
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:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary ? Chart on Market Overview
Exhibit 02: Executive Summary ? Data Table on Market Overview
Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
Exhibit 04: Executive Summary ? Chart on Market by Geography
Exhibit 05: Executive Summary ? Chart on Market Segmentation by Application
Exhibit 06: Executive Summary ? Chart on Market Segmentation by Distribution Channel
Exhibit 07: Executive Summary ? Chart on Incremental Growth
Exhibit 08: Executive Summary ? Data Table on Incremental Growth
Exhibit 09: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global male grooming products market 2017 - 2021
Exhibit 18: Historic Market Size ? Data Table on Global male grooming products market 2017 - 2021 ($ million)
Exhibit 169: The Procter and Gamble Co. - Overview
Exhibit 170: The Procter and Gamble Co. - Business segments
Exhibit 171: The Procter and Gamble Co. - Key news
Exhibit 172: The Procter and Gamble Co. - Key offerings
Exhibit 173: The Procter and Gamble Co. - Segment focus
12.16 Shiseido Co. Ltd.
Exhibit 174: Shiseido Co. Ltd. - Overview
Exhibit 175: Shiseido Co. Ltd. - Product / Service
Exhibit 176: Shiseido Co. Ltd. - Key offerings
12.17 Unilever PLC
Exhibit 177: Unilever PLC - Overview
Exhibit 178: Unilever PLC - Business segments
Exhibit 179: Unilever PLC - Key news
Exhibit 180: Unilever PLC - Key offerings
Exhibit 181: Unilever PLC - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 182: Inclusions checklist
Exhibit 183: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 184: Currency conversion rates for US$
13.4 Research methodology
Exhibit 185: Research methodology
Exhibit 186: Validation techniques employed for market sizing
Exhibit 187: Information sources
13.5 List of abbreviations
Exhibit 188: List of abbreviations
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