The Latin America, Middle East and Africa Shaving Cream Market would witness market growth of 10.9% CAGR during the forecast period (2024-2031). In the year 2026, the LAMEA market's volume is expected to surge to 117.5 million units (PACK OF 6OZ), showcasing a growth of 11.9% (2024-2031).
The advantages of purchasing it from specialty stores lie in the expertise and personalized service they provide. Staff members often possess in-depth product knowledge and can offer recommendations based on individual skin types, preferences, and concerns. Thus, the Argentina market consumed 6.22 million units (pack of 60Z) in the market 2023.
The Brazil market dominated the LAMEA Shaving Cream Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $710.6 million by 2031. The Argentina market is registering a CAGR of 11.5% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 10.4% during (2024 - 2031).
These are adopted in professional settings, where individuals prioritize well-groomed appearances as part of their professional image. Professionals in business, hospitality, and entertainment industries rely on this to achieve polished and presentable looks for meetings, events, and performances.
Additionally, the increasing acceptance of gender diversity and inclusivity, individuals of all gender identities and expressions embrace shaving creams as part of their grooming routines.
The growth of the e-commerce industry in Brazil has provided opportunities for domestic brands to gain visibility and compete with international counterparts. Brazilian consumers prefer locally produced products, and e-commerce platforms offer a platform for domestic brands to showcase their offerings, driving growth and competitiveness in the market.
Based on End User, the market is segmented into Men, and Women. Based on Distribution Channel, the market is segmented into Specialty Stores, Hypermarkets & Supermarkets, Online Sales Channel, and Others. Based on Price Point, the market is segmented into Low, Medium, and High.Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The advantages of purchasing it from specialty stores lie in the expertise and personalized service they provide. Staff members often possess in-depth product knowledge and can offer recommendations based on individual skin types, preferences, and concerns. Thus, the Argentina market consumed 6.22 million units (pack of 60Z) in the market 2023.
The Brazil market dominated the LAMEA Shaving Cream Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $710.6 million by 2031. The Argentina market is registering a CAGR of 11.5% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 10.4% during (2024 - 2031).
These are adopted in professional settings, where individuals prioritize well-groomed appearances as part of their professional image. Professionals in business, hospitality, and entertainment industries rely on this to achieve polished and presentable looks for meetings, events, and performances.
Additionally, the increasing acceptance of gender diversity and inclusivity, individuals of all gender identities and expressions embrace shaving creams as part of their grooming routines.
The growth of the e-commerce industry in Brazil has provided opportunities for domestic brands to gain visibility and compete with international counterparts. Brazilian consumers prefer locally produced products, and e-commerce platforms offer a platform for domestic brands to showcase their offerings, driving growth and competitiveness in the market.
Based on End User, the market is segmented into Men, and Women. Based on Distribution Channel, the market is segmented into Specialty Stores, Hypermarkets & Supermarkets, Online Sales Channel, and Others. Based on Price Point, the market is segmented into Low, Medium, and High.Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Beiersdorf AG
- The Colgate Palmolive Company
- ArtNaturals
- Barbasol (Perio, Inc.)
- L'Oréal S.A.
- Billy Jealousy, LLC.
- Pacific Shaving Company
- Castle Forbes Collection Limited
- Edgewell Personal Care
- Dollar Shave Club, Inc. (Nexus Capital Management)
Market Report Segmentation
By End User (Volume, Million Units, USD Billion, 2020-2031)- Men
- Women
- Specialty Stores
- Hypermarkets & Supermarkets
- Online Sales Channel
- Others
- Low
- Medium
- High
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Shaving Cream Market by End User
Chapter 5. LAMEA Shaving Cream Market by Distribution Channel
Chapter 6. LAMEA Shaving Cream Market by Price Point
Chapter 7. LAMEA Shaving Cream Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Beiersdorf AG
- The Colgate Palmolive Company
- ArtNaturals
- Barbasol (Perio, Inc.)
- L'Oréal S.A.
- Billy Jealousy, LLC.
- Pacific Shaving Company
- Castle Forbes Collection Limited
- Edgewell Personal Care
- Dollar Shave Club, Inc. (Nexus Capital Management)
Methodology
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