The Global Men's Grooming Products Market size is expected to grow at a CAGR of 4.3% from 2021 to 2028 with market value reaching $14.02 billion by the end of the forecast period and North America is its largest region in terms of revenue. Skincare is expected to hold the largest share of the Men's Grooming Products Market in 2021 and will maintain its position over the forecast period owing to rising demand for anti-aging or younger-looking skin among young men who are highly concerned about their looks.
Men's grooming products is a collective term used to describe anything from shampoos and conditioners to deodorants, colognes, shaving cream, aftershave lotions, and more. Men generally use these products for needs such as hygiene maintenance (e.g., washing off sweat or dirt) or looking good in public. Some of the main types of grooming products that men use include skincare, deodorants, toiletries, and shaving products.
On the basis of Types, the market is segmented into Skincare, Deodorants, Toiletries, Shaving Products, and Others.
Skincare refers to products that are used for the skincare and hygiene maintenance of a man’s face, neck, chest, back, or hands. Products such as shaving cream, aftershave lotions, and facial scrubs fall under this category.
Deodorants are products used to neutralize unpleasant odors or body odor. For instance, a deodorant is applied on the armpits and other parts of the body that produce sweat or smell bad. Young men refer to people aged between 15- 24 who generally use these grooming products for needs such as hygiene maintenance.
Toiletries are products that are used for the personal grooming of the male genitals. These include perfumes, talcum powders, and soaps.
Shaving products are items used to shave or remove hair from a man’s face, neck, chest, back, and hands. They include shaving cream, aftershave lotions, and facial scrubs.
On the basis of Application, the market is segmented into Young Men, and Old Men.
Young Men refer to people aged between 15- 24 who generally use these grooming products for needs such as hygiene maintenance.
Old Men refer to people aged between 25-54 who generally use these grooming products for the need of maintaining hygiene.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America and the Asia Pacific are the regional markets for these products. The Men's Grooming Products Market in North America is driven by factors such as rising awareness about grooming among males, increase in disposable income has led to increasing demand for cosmetic & personal care products from men’s side which can be attributed to rising in consumerism among the people. In addition, the growing popularity of male cosmetics both online and offline retail channels also fuels the market growth during this time period. The high concentration on perfumes and hair styling aids drives significant sales volume for beauty industry leaders like L'Oreal, Unilever, etc., contributing to a positive outlook for companies operating within this region. Europe, Latin America, and APAC are also witnessing high demand for these products.
The factors for the Global Men's Grooming Products are Rapid urbanization: Urbanization is increasing the number of single men, who are more likely to consider grooming products. The availability and affordability of high-quality personal care goods in developing markets such as China & India: Due to increased disposable income from wage hikes and lower inflation rates, households can afford good quality personal care items which have led to an increase in demand for these products globally. Changing trends due to changing lifestyles coupled with a rise in generational changes like millennials or generation influencing global consumer patterns across all age groups including older demographics.
Up Market Research published a new report titled “Mens Grooming Products Market research report which is segmented by Types (Skin care, Deodorants, Toiletries, Shaving products, Others), By Applications (Youngy men, Old men), By Players/Companies Molton Brown, L'Oréal, Unilever, Estée Lauder, COTY, Chanel, P&G, J&J”.
Report Attributes | Report Details |
Report Title | Mens Grooming Products Market Research Report |
By Type | Skin care, Deodorants, Toiletries, Shaving products, Others |
By Application | Youngy men, Old men |
By Companies | Molton Brown, L'Oréal, Unilever, Estée Lauder, COTY, Chanel, P&G, J&J |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 226 |
Number of Tables & Figures | 159 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Skin care, Deodorants, Toiletries, Shaving products, Others and By Application Youngy men, Old men.
Some of the companies that are profiled in this report are:
Mens Grooming Products Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Mens Grooming Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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