Men’s Grooming Products Market anticipated to surpass US$93.419 billion by 2030 at a CAGR of 5.90%

January 15, 2025 01:11 AM AEDT | By EIN Presswire
 Men’s Grooming Products Market anticipated to surpass US$93.419 billion by 2030 at a CAGR of 5.90%
Image source: EIN Presswire
NOIDA, UTTAR PRADESH, INDIA, January 14, 2025 /EINPresswire.com/ -- According to a new study published by Knowledge Sourcing Intelligence, the global men's grooming products market is projected to grow at a CAGR of 5.90% between 2025 and 2030 to US$93.419 billion by 2030.

The consumer demand for men's grooming products is driven by the growing concerns among men for self-care, increasing growth in the cosmetics industry in various countries, rapid urbanization, and further, burgeoning consumer needs leading to increased investments in R&D and developing new products. The market trends for men's grooming products include a growing demand for environmentally-friendly products. The online segment has created a significant demand for men's grooming products market.

The growth of the men's grooming products market has attracted several companies, such as, in April 2024, Piramal Pharma Limited’s Consumer Products Division announced its foray into the men’s personal grooming category with the launch of the BOHEM product range. This includes a Hair Removal Spray, a Beard Growth Oil, and an Underarm Roll-On. According to the company estimates, Men’s grooming now constitutes almost 11% of the entire grooming category. With this brand launch, the company intended to give new products, for personal hygiene and beard nourishment.

Moreover, one of the emerging trends in men's grooming products is demand for the innovative shaving kits. In September 2024, MANSCAPED, the men’s grooming company announced the launch of The Chairman Pro electric foil shaver and The Chairman Pro Package face shaving kit. The product can give different types of shave designs like smooth shave or perfectly chiseled stubble. Further, Chairman Pro has a unique interchangeable dual-head system, with formulated gel and serum.

Besides, significant investments such as Reckitt Benckiser Group into Indian-based Bombay Shaving Company in January 2021 further expanded the men's grooming products market in India. BSC has a portfolio of over 100 products across shaving, bath and body, skin, and beard care. RB announced it led a £4 million funding round. The investment demonstrates RB’s commitment to innovative, purpose-driven brands and is in line with its strategy to be in new spaces and places.

Access sample report or view details: https://www.knowledge-sourcing.com/report/global-mens-grooming-products-market

By distribution channel, the global men's grooming products market is segmented into two major categories, online and offline. The online segment has continued to grow in the past few years. In the United States, the total E-commerce retail sales as a percent of total sales has surged from 14.4% in Q3 2022 to 16.2% in Q3 2024, according to the U.S. Census Bureau. This increasing retail market for the online will have prominent demand for the men's grooming products.

By product, the global men's grooming products market is segmented into skincare, hair care, shave care, and others. The demand for shave care will likely increase as beard culture among men is rising. This is backed by campaigns such as, 'No-Shave November', where participants stop shaving for a month, goal is to raise awareness for men’s physical and mental health.

Based on geography, the Asia Pacific region of the global men's grooming products market is growing significantly by the propelling cosmetic manufacturing sector. According to Cosmetics Europe, China had a market of €59billion in cosmetics, the largest in the Asia Pacific followed by Japan with €22 billion, then India and South Korea with market sizes of €13billion and € 9 billion respectively. The market would continue to rise strongly due to consumers' growing choice of specialty cosmetic products. Beard products, specialized skin care, hair care, and makeup cosmetics are the main industries predicted to increase as the awareness about good looks among men surges. The market competition for domestic brands is increasing due to a growing number of international companies entering the Asia Pacific cosmetics market.

As a part of the report, the major players operating in the global men's grooming products market that have been covered are Procter & Gamble, Unilever, Beiersdorf, Reckitt Benckiser Group plc, L'Oréal S.A., Marico, Estée Lauder Companies, Brickell Men's Products, Shiseido Company, Limited, and The Man Company.

The market analytics report segments the global men's grooming products market as follows:

• By Product

o Skin Care

• Creams
• Facewash
• Others

o Hair Care

• Oils
• Shampoos
• Others

o Shave Care

• Shaving Cream
• Pre-Shave Lotion
• After-Shave Lotion
• Others

o Others

• By Distribution Channel

o Online
o Offline

• By Geography

• North America

o USA
o Canada
o Mexico

• South America

o Brazil
o Argentina
o Others

• Europe

o Germany
o France
o UK
o Spain
o Italy
o Others

• Middle East and Africa

o Saudi Arabia
o UAE
o Others

• Asia Pacific

o China
o Japan
o South Korea
o India
o Indonesia
o Thailand
o Taiwan
o Others

Companies Profiled:

• Procter & Gamble
• Unilever
• Beiersdorf
• Reckitt Benckiser Group plc
• L'Oréal S.A.
• Marico
• Estée Lauder Companies
• Brickell Men's Products
• Shiseido Company, Limited
• The Man Company

Explore More Reports:

• Cosmetic Chemicals Market: https://www.knowledge-sourcing.com/report/cosmetic-chemicals-market
• Cosmetic Surgery Market: https://www.knowledge-sourcing.com/report/cosmetic-surgery-market
• Global Color Cosmetics Market: https://www.knowledge-sourcing.com/report/global-color-cosmetics-market

Harsh Sharma
Knowledge Sourcing Intelligence LLP
+1 850-250-1698
[email protected]
Visit us on social media:
Facebook
X
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.