Feb 07, 2020 (WiredRelease via COMTEX) -- Global Men’s Grooming Products Market Forecast Report provides an in-depth research on the fast-evolving Men’s Grooming Products Market. The Competitive analysis of the leading companies has been highlighted in the report along with the regional overview & global outlook of the market till.
Grooming products are used to enhance natural beauty of a person, externally. These products are utilized for various body parts such as skin, hair, lips, and teeth. The men’s grooming products market is being driven by increasing beauty consciousness among men. Increasing male awareness towards overall body care and social trends have resulted in market growth. Major challenges faced by the market include stringent regulations regarding ingredients and growing preference of consumers towards organic products and ‘beauty from within’ notion.
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Key Company Profiles provided in the Report with Detailed Analysis includes: Unilever, L’Oreal Inc., Colgate-PalmoliveCoty Inc., Johnson & Johnson, Mirato S.p.A, Energizer Holdings Inc., Beiersdorf AG, Koninklijke N.V and Others.
Europe was the largest market for men’s grooming products in 2016 and is expected to retain its dominance during the forecast period, expanding at a CAGR of 8.87%. Increasing male vanity in the highly developed regions of Europe and North America are expected to drive market growth. Also, large populations in India and China coupled with increasing disposable incomes are expected to drive market growth in Asia Pacific. North America men’s grooming products market is expected to exhibit a CAGR of 8.99% during the forecast period.
The report segments the global men’s grooming products market on the basis of product type, distribution channel, and geography. On the basis of product type, the market is segmented into toiletries, fragrances, shaving products, makeup products, and others. On the basis of distribution channel, the market is segmented into hypermarkets, supermarkets, salon/grooming clubs, online, drug stores, and others. On the basis of geography, the market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Among all regions, Europe accounts for the major market share.
Key Features of the Study:
This report provides an in-depth analysis of the men’s grooming products market and provides market size (US$ Bn) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2017–2025)
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by the leading players.
It profiles leading players in the global men’s grooming products market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
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The global men’s grooming products market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, new entrants, and financial analysts. Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analysing the men’s grooming products market
Global Men’s Grooming Products Market, By Product Type:
Global Men’s Grooming Products Market, By Distribution Channel: