Global Men's Grooming Products Market - Industry Trends and Forecast to 2029

Global Men's Grooming Products Market - Industry Trends and Forecast to 2029
The men's grooming products market is expected to be growing at a growth rate of 6.30% in the forecast period of 2022 to 2029 and is likely to reach the USD 50.96 billion by 2029.
Grooming products aid in the maintenance of personal hygiene and physical appearance. Male grooming habits have shifted in recent years, emphasizing personal appearance, attire, and beauty treatments. Shaving creams, deodorants, aftershave colognes, and shampoos were the only male grooming goods available previously. These goods include moisturizer, facial creams, face masks, and anti-aging products, as well as cosmetics such as bronzers and concealers.
The rise in the beauty consciousness among men is likely to drive the demand of men's grooming products market. The rising level of disposable income of people and the continuous changing lifestyle of people are factors driving the men's grooming products market. Other significant factors such as the rise in the awareness among people about e-commerce platforms and increasing urbanization across the world will accelerate the market growth rate. Furthermore, upsurge in the number of advertisement offline and online will positively impact the market's growth rate. Additionally, increasing awareness among consumers about personal awareness will further cushion the growth rate of the market. Also, a surging number of luxury salons and rising spending on personal care products such as moisturizers, anti-aging creams, and whitening screams will further increase the demand for men's grooming products.
Moreover, the increasing awareness about personal hygiene and grooming among men will create lucrative market growth opportunities in the forecast period of 2022-2029. Also, the launch of new innovative products and emerging new markets will escalate the market's growth rate in the future. Growing demand for male toiletries, changing attitude towards traditional masculinity and rising societal pressure will propel the market's demand in coming years.
However, side effects linked with cosmetic products will hamper the market growth rate. Additionally, strict regulations linked with manufacturing of products will hinder the market growth. The high cost associated with men's grooming products will further challenge the market in the forecast period mentioned above. The negative impact of COVID-19 pandemic on the sales revenue, supply chain, and manufacturers will act as major market restrain that will further derail the growth rate of men's grooming products market.
This men's grooming products market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on men's grooming products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Men's Grooming Products Market Scope and Market Size
The men's grooming products market is segmented on the basis of product type, price range and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
• On the basis of product type, the men's grooming products market is segmented into fragrances, hair care, skin care, male toiletries, electric products, after shave lotions and others.
• Based on price range, the men's grooming products market is segmented into premium products and mass products.
• Based on distribution channel, the men's grooming products market is segmented into supermarkets and hypermarkets, pharmacy stores and online stores.

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