The global men’s grooming products market has witnessed remarkable growth, with a substantial revenue of US$ 71,500 million in 2024, as reported by the publisher. The market is poised for accelerated expansion, with top market players holding a significant share of the men’s grooming products market in 2024. Projections indicate that the global market for men’s grooming products will reach a staggering US$ 127,000 million by 2031.
Sustainability has emerged as a key strategy for expanding market share, with more consumers favoring eco-friendly products and socially responsible brands, influencing marketing strategies and brand choices in favor of sustainable products.
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Key Market Dynamics:
Growing Popularity of Online Retailing:
- Extensive online marketing campaigns and promotions have reshaped the retail landscape, influencing consumer purchasing habits and boosting demand for consumer goods, including men’s grooming products.
- Online retail offers convenience, allowing customers to compare products, read reviews, and make informed decisions.
Product Innovation and Convenience:
- Technological advancements and innovative product offerings are enhancing the men’s grooming products market.
- Consumers seek products that simplify their grooming routines, leading to increased demand for convenient and feature-rich grooming items.
Limited Retail Shelf Space Challenges:
- Limited shelf space in retail outlets poses a challenge to the growth trajectory of the men’s grooming products market.
- The competition for shelf space among multiple brands hampers new entrants' ability to secure adequate visibility and presence in retail stores.
Skin Concerns and Adverse Effects:
- Growing awareness of adverse effects associated with grooming creams and personal care products, such as skin reactions, itching, and burns, is expected to restrain market expansion.
- Lack of specialized grooming products for different skin types in men's grooming poses a challenge.
Country-wise Analysis:
Booming U.S. Market:
- Shifting grooming habits in the U.S. have led to increased sales of beard wax, beard trimmers, and other grooming products, as consumers opt for a well-maintained beard look.
- A preference for sophisticated grooming products that enhance appearance drives market growth.
Proliferation in the U.K. Market:
- The desire for a professional and presentable appearance at work fuels the grooming products market in the U.K.
- Shaving creams that facilitate smoother, less irritating shaves and moisturize the skin are in demand.
Dominance of China's Regional Brands:
- Grooming is essential for the average Chinese male, presenting opportunities for market growth through knowledge-sharing and product endorsements.
- China remains a lucrative market for men’s grooming products in East Asia.
India's Growing Digital Influence:
- Rising adoption of e-Commerce and increased internet penetration drive the men’s grooming products market in India.
- Health-conscious consumers opt for natural and organic grooming products, fueling demand.
Competitive Analysis:
The global men’s grooming products market is moderately competitive, with numerous manufacturers vying for market dominance. Market rivals have employed various expansion strategies, including acquisitions, mergers, and partnerships, in recent years.Sustainability has emerged as a key strategy for expanding market share, with more consumers favoring eco-friendly products and socially responsible brands, influencing marketing strategies and brand choices in favor of sustainable products.
Key Companies Profiled:
- Procter & Gamble Co
- ITC Limited
- Johnson & Johnson Private Limited
- Unilever PLC
- Coty, Inc.
- L'Oréal S.A
- Edgewell Personal Care Co
- Beiersdorf AG
- Colgate-Palmolive Company
- Kao Corporation
- Estee Lauder Companies, Inc.
- Reckitt Benckiser
- Others
Key Segments Covered in Men’s Grooming Industry Research
By Product Type
- Shave Care
- Shaving Cream
- Shaving Gel
- Razors & Blades
- After Shave Care
- Lotion
- Splash/Gel
- Balm
- Skin care
- Anti-aging
- Face Wash
- Moisturizers
- Oil-free
- Emulsion
- Multi-purpose
- Hair Care
- Shampoo
- Conditioner
- Styling Products
- Pomade
- Putties & Clay
- Cream
- Wax
- Gel
- Toiletries
- Soap
- Shower & Wash
- Fragrances
- Antiperspirants & Deodorants
- Perfumes
- Colognes
- Others
By Price Range
- Premium
- Mid
- Low
By Distribution Channel
- Hypermarkets/Supermarkets
- Salon/Grooming Clubs
- Drug Stores
- E-commerce/Online
- Retail Stores
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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Table of Contents
1. Executive Summary
2. Market Overview
3. Global Men’s Grooming Products Market Outlook, 2018 - 2031
4. North America Men’s Grooming Products Market Outlook, 2018 - 2031
5. Europe Men’s Grooming Products Market Outlook, 2018 - 2031
6. Asia Pacific Cassava Starch Market Outlook, 2018 - 2031
7. Latin America Men’s Grooming Products Market Outlook, 2018 - 2031
8. Middle East & Africa Men’s Grooming Products Market Outlook, 2018 - 2031
9. Competitive Landscape
10. Appendix
Companies Mentioned
- Procter & Gamble Co
- ITC Limited
- Johnson & Johnson Private Limited
- Unilever PLC
- Coty, Inc.
- L’Oreal S.A
- Edgewell Personal Care Co
- Beiersdorf AG
- Colgate-Palmolive Company
- Kao Corporation
- Estee Lauder Companies, Inc.
- Reckitt Benckiser
Methodology
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