The global Men’s Grooming Products Market is projected to reach USD 78.5 billion by 2025, as per a new report by Million Insights. The market is expected to grow with a CAGR of 5.2%, during forecast years. Increasing beauty consciousness among men, growing awareness about the importance of overall body grooming and society’s influence towards aesthetically appealing looks are driving the industry.
Increasing consumer spending on personal care and the growing importance of male grooming in various industries such as fashion, aviation and corporate have redefined the men’s grooming industry and thereby created huge opportunities for various companies dealing in such products. Personal grooming is done to ensure overall hygiene and proper cleanliness of the body. Introduction of innovative grooming products and several grooming solutions such as hair perfumes, beard wax and others are positively driving the men’s grooming product market growth.
To download the sample PDF of “Men’s Grooming Products Market Report” please click here: https://www.millioninsights.com/industry-reports/global-mens-grooming-products-market/request-sample
Europe was the largest market in terms of market share, in 2018. Rising demand for skin and hair grooming products among men is the key reason behind the region’s growth. The United Kingdom held the largest market share in Europe with a market share of 65.4%, in 2018. The growing obsession with youthful appearance is another leading reason driving the market in the region. Further, the growing popularity of body shaving and skincare products in the Asia Pacific region is driving the overall market.
Men’s grooming products are popular in western countries. However, emerging countries in the Asia Pacific and Latin America have witnessed significant demand in the recent past. Traditionally, grooming products for men were classified into toiletries and shaving products. However, lately, the demand for men’s cosmetics has surged considerably. Moreover, the demand for oil-free creams and anti-aging creams is expected to rise in both emerging and developed regions.
To browse report summary & detailed TOC, please click the link below:
Further key findings from the report suggest:
• The skin care segment is expected to grow with a CAGR of 6.1% during the forecast period.
• E-commerce segment held 9.8% of the market share in 2018 and it is projected to grow with the significant growth rate over the forecast period.
• Europe held nearly 25% of the total market share in 2018, and the region is likely to witness significant CAGR over the forecast period.
• Apart from developed region, men’s grooming products market has witnessed significant growth from emerging countries such as Brazil, China, India and others.
Million Insights has segmented the global men’s grooming products market on the basis of product type, distribution channel, and region.
Men’s Grooming Products Type Outlook (Revenue, USD Billion, 2015 – 2025)
• Hair Care
• Skin Care
Men’s Grooming Products Distribution Channel Outlook (Revenue, USD Billion, 2015 – 2025)
• Convenience Stores
Regional Outlook (Revenue, USD Billion, 2015 – 2025)
• North America
• Asia Pacific
Browse the Latest Press Releases Available with Million Insights:
• Fencing Market – The global fencing market size is projected to account for USD 41.7 billion by 2027. The market is anticipated to register over 5.0% CAGR from 2020 to 2027. Increasing development in real estate and renovation of the construction industry is attributing to the growth of the market.
• Limestone Market – The global limestone market size is anticipated to value USD 102.7 billion until 2027. It is also expected to register a CAGR of 4.4% over the forecasted years, 2020 to 2027. Rapid technological advances for infrastructure development are estimated to propel the demand for limestone.
About Million Insights
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar