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Men's Personal Care Market Size, Industry Analysis, Key Insights, Latest Trends, And Forecast To 2032
Men's Personal Care Market Analysis
The Business Research Company's Men's Personal Care Global Market Report 2023 identifies growing consumer inclination for specific grooming products across the globe as the major driver for the men's personal care market's growth in the forecast period. Personal care products help men to groom themselves and thus increasing focus on grooming has driven the growth of the men's personal care market.
The global men's personal care market size grew from $58.06 billion in 2022 to $63.53 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global men's personal care is expected to grow to $90.05 billion in 2027 at a CAGR of 9.1%.
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Major competitors in the men's personal care market are Procter & Gamble, Reckitt Benckiser, Unilever, L'Oréal, Beiersdorf AG, Johnson & Johnson, Coty Inc., Estee Lauder Companies Inc.
A key trend in the men's personal care market includes increasing use of natural ingredient-based products. Companies in the men's personal care market are focused on offering more and more natural ingredient-based products to consumers. Also, men are preferring personal care products which are made from natural ingredients to avoid the side effects of chemicals from conventional products. For instance, in November 2021, H.I.M.-istry Naturals partnered with Nordstrom to launch its full line of natural men's grooming premier products in retail locations in the US and online at Nordstrom.com. The company offers more than 30 spa-quality products based on men's unique needs for shave care, skincare, beard care, and body care, which all are made with certified and natural organic ingredients.
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The men's personal care market is segmented -
1) By Product: Skin Care Products, Hair Care Products, Shave Care Products, Fragrances, Other Products
2) By Category: Organic, Conventional
3) By Age Group: 18-30 Years, 31-58 Years, 59 And Above
4) By Distribution Channel: Online Retail Stores, Convenience Stores, Specialist Retailers, Supermarkets/Hypermarkets, Other Distribution Channels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the men's personal care market.
The Business Research Company's "Global Men's Personal Care Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Men's Personal Care Market Include:
1. Executive Summary
2. Men's Personal Care Market Characteristics
3. Men's Personal Care Market Trends And Strategies
4. Men's Personal Care Market - Macro Economic Scenario
5. Men's Personal Care Market Size And Growth
…..
26. Africa Men's Personal Care Market
27. Men's Personal Care Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Men's Personal Care Market
29. Men's Personal Care Market Future Outlook and Potential Analysis
30. Appendix
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