Press release
Pre-Shave Care Market is Reaching US$ 13.4 Billion in 2032, at a Gracious Rate of 5.3% By The Year 2032
In 2022, the Pre-Shave Care Market is anticipated to be worth US$7.9 billion. The market is anticipated to grow at a 5.3% CAGR, reaching US$ 13.4 billion by 2032.The market for pre-shave care should see potential for expansion due to rising demand for men's grooming products. In order to meet the rising demand, manufacturers are funding R&D as well as promotional strategies.
The evolution of several male grooming products, including pre-shave care products, has been a result of the evolution of men's grooming practises among all age groups.
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Additionally, customers are becoming more likely to have aromatherapy, facials, and pedicures. Due to increased urbanisation and an increasing trend toward individualism, sales of pre-shave care products for males are anticipated to increase dramatically.
In addition, the market is expanding as a result of the rising popularity of websites that offer products for men's health and fitness as well as the expansion of publications devoted to men's grooming and lifestyle.
Key Takeaways:
Based on product type, sales of pre-shave foam are projected to grow at a 5.6% CAGR over forecast period.
By nature, demand in the natural segment will increase at a 7.9% CAGR over the forecast period.
In terms of price range, the mid-range segment will account for 55.6% of the total market share in 2022.
Based on sales channel, sales in the online segment will grow at a 8.3% CAGR through 2032.
The U.S. pre-shave care market accounted for 87.9% of the North America market share in 2021.
Germany held over 25.7% of the Europe pre-shave care market in 2021, and the trend is expected to continue over the forecast period.
In 2021, India accounted for 37.7% of the South Asia pre-shave care in 2021, emerging as a lucrative pocket in the region.
Competition Landscape
Leading manufacturers of pre-shave care products are focusing on aggressive promotional strategies, advertisements, and new product launches to improve sales in the market.
Major players present in the pre-shave care market are Claus Porto, Edgewell Personal Care Company, L'Oreal SA, Kiehl, Johnson & Johnson, Bold For Men, Energizer Holdings, Inc., Malhotra Shaving Products Ltd, Acqua DI Parma, Beiersdorf AG, Godrej Group and Siemens Healthcare among others.
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Global Pre-Shave Care Market by Category
By Product Type:
Pre-Shave Foam
Pre-Shave Cream
Pre-Shave Gel
Pre-Shave Soap
Other Pre-Shave Products
By Nature Type:
Natural/Organic
Conventional
By Consumer Orientation:
Men
Women
By Price Range:
Low
Medium
Premium
By Sales Channel:
Supermarkets/Hypermarkets
Specialty Stores
Multi-Brand Stores
Salon/Grooming Clubs
Drug Stores & Pharmacies
Online Retailers
Other Sales Channel
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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