Men's Grooming Products Market 2021 Emerging Trends and Global Demand - Lo'real SA, Procter & Gamble Co., Unilever PLC, Grooming Lounge

The Men's Grooming Products Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global men's grooming products market is projected to register a CAGR of 5.5% during the forecast period, 2020 - 2025.

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Top Leading Companies of Global Men's Grooming Products Market are Beiersdorf AG, Lo'real SA, Procter & Gamble Co., Unilever PLC, Grooming Lounge, Reckitt Benckiser, Helios Lifestyle Private Limited, Marico Ltd and others.

Key Market Trends

Rising Demand for Men's Skin Care Products

The men's skincare market is reported to have the fastest growth in the global men's grooming market. The major concerns among customers are aging, acne, and pigmentation. Thus, major players are focusing on expanding their existing product lines by introducing new products to meet the customers' demand. For instance, AVEDA, a brand of Estee Lauder Companies, launched a daily light guard defense fluid broad spectrum SPF 30, which offers multifunctional benefits to consumers, such as protection against free radical damage and strengthens the skin's natural environmental barrier. Thus, such innovations and portfolio extensions drive the growth of the market.

The United States Expected to Dominate the Global Market

In the United States, the male grooming industry is flourishing. Moreover, the market is witnessed to dominate the global market. Male consumers, especially baby boomers, are venturing into the luxury sphere, which has resulted in a faster growth rate for male-specific premium beauty products. However, in the country, the growing demand for the e-commerce segment is exponentially driving the US market. A large percentage of the young crowd is involved in the potential use of various online portals, which provide more knowledge about the variety of grooming solutions available in the market, thereby driving the demand for various products.

The regions are further sub-divided into:

-North America (NA) – US, Canada, and Mexico
-Europe (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
-Asia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APAC
-Latin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin America
-Middle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South Africa

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Men's Grooming Products Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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– Free Competitive analysis of any 5 key market players.
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