Press release
Men’s grooming products Market will expand at a CAGR of 8.4% through 2024
With nearly 40% revenue share, Europe will continue to remain the most attractive market for men’s grooming products. Germany, France, and the UK remain the top three markets, collectively accounting for over half of the revenue share of the Europe men’s grooming products market. North America, the second largest market globally, will rake in US$ 29 Bn in revenues by 2024. In terms of market value, the US$ 54 billion global market for men’s grooming products will expand at a CAGR of 8.4% through 2024.Request For Report Sample@ https://www.persistencemarketresearch.com/samples/11581
Key Regional Findings
In North America, shave care products and fragrances will be the top-selling men’s grooming products
The market in Asia Pacific will continue to post steady gains on account of rapidly growing sales in China
Persistence Market Research’s study on the global men’s grooming products market has been compiled in the report titled “Global Men’s Grooming Products Sales Estimated to Reach US$ 104,199.2 Million by 2024 End; Europe’s Revenue Share to Remain Dominant.” Personalized shopping through e-commerce outlets has been identified as a key driving factor men’s grooming products globally. Increasing FDI in e-tailing businesses is further urging manufacturers of men’s grooming products to intensify their distribution operations through online retail channels. Easy accessibility and low costs are key factors for the rising men’s grooming products sales through e-commerce and online retail websites. Over the forecast period, online distribution channels will give rise to an absolute increment of more than US$ 12 billion. Nevertheless, sales of men’s grooming products through supermarkets and independent retail outlets remain key for companies looking to improve their sales potential by catering to impulsive buying and focusing on customer rapport.
Product Insights: Beard is in Vogue
Globally, the sales of men’s shave care products such as trimmers will be way higher than any other types of grooming products. Being the highest-selling products in the global market, consumption of men’s shave care products will be valued at over US$ 40 billion by the end of 2024. Subsequently, men’s grooming products sales under fragrances will account for nearly 35% of the global market over the projected period. Hair care products sales will register a market value share of about 10%, while the demand for men’s toiletries will be pared down as compared to the above types of grooming products.
Pricing Trends and Vendor Landscape
Higher disposable incomes don’t necessarily instrument higher sales of men’s grooming products in the premium price range. Half of the global men’s grooming products revenues are concentrated in the mid-price range, with over 7,000 million expected to be sold globally over the forecast period.
Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/methodology/11581
Procter & Gamble Co. will retain its competitive position as the global leader in shave care products. Independently, the company will also be dominant in the overall global men’s grooming products market by accounting for more than 10% market share. However, local manufacturers of men’s grooming products will collectively dominate the global market by accounting for nearly one-third of its market value. Accordingly, acquisition of such native players will be a strategic measure of expanding market presence for global leaders in consumer goods. Johnson & Johnson Private Limited, Koninklijke Philips N.V., ITC Limited, Coty Inc., Unilever PLC., Colgate-Palmolive Company, and Edgewell Personal Care Co., among others, are some leading manufacturers of men’s grooming products that intend to expand their businesses through acquisitions. Furthermore, L’Oréal S.A. and Beiersdorf AG are also some of the recognized players participating in the growth of the global men’s grooming products market.
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Men’s grooming products Market will expand at a CAGR of 8.4% through 2024 here
News-ID: 1458319 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…