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Depilatory Product Market Size & Share Estimated to Hit High Growth by 2027

04-09-2020 09:12 AM CET | Fashion, Lifestyle, Trends

Press release from: Allied Market Research

Depilatory Product Market

Depilatory Product Market

Depilatory products are used for deliberate removal of human body hair for beautification and medical purposes. Depilatory methods include shaving, waxing, sugaring, laser treatments, and electrolysis. Clinical hair removal and laser treatments include hair removal by alteration of skin condition, whereas cosmetic products remove hairs superficially. The global depilatory products market is highly competitive with the presence of numerous large and medium-sized providers.

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The growth of the depilatory product market is driven by increase in demand for do-it-yourself hair removal methods, rise in need for personal grooming & hygiene, and enhance skin smoothening. These products provide convenience and effectiveness in addition to being cost effective. Moreover, rapid advancement in the depilatory technologies supplements the market growth. However, presence of harmful chemicals such as sodium hydroxide and calcium thioglycolate in these products acts as a restraint for the market, and can significantly affect its acceptance among the customers worldwide. The use of organic ingredients in these products is expected to propel the growth of the market in the coming years.

The depilatory products market is segmented on the basis of product type, end user, and geography. Based on product type, the market is categorized into creams, waxes, wax strips, razors, and electronic hair removal. By end user, it is bifurcated into men and women. Geographically, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The key players operating in the market include Church and Dwight Co. Inc. (U.S.), American International Industries (U.S.), LOreal International (France), Nads Corporation (U.S.), Procter and Gamble Co. (U.S.), Reckitt Benckiser (UK), Edgewell Personal Care (U.S.), Jolen Inc. (U.S.), Coloris Ltd. (Poland), and Kera-Ban Wax Products (U.S.).

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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