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Aftershave Lotions & Creams Market worth $3.50 billion by 2030, growing at a CAGR of 5.81% - Exclusive Report by 360iResearch
Aftershave Lotions & Creams Market | 360iResearch
The Global Aftershave Lotions & Creams Market to grow from USD 2.36 billion in 2023 to USD 3.50 billion by 2030, at a CAGR of 5.81%.
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Aftershave lotions and creams are skincare products applied to the face and neck after shaving. These formulations help soothe and moisturize the skin and prevent irritation, razor burns, and cuts. They often contain antiseptic agents to avoid the infection of cuts, as well as fragrances to leave the skin smelling pleasant. Growth is primarily driven by the rising consciousness among men regarding personal grooming and skin care, increasing disposable income which allows consumers to spend more on premium aftershave products that offer additional benefits. Moreover, the rise in product availability and diversity, including organic and natural ingredient-based lotions and creams, also propels the expansion. However, changes in dynamics, such as increased popularity of beard culture and a general trend toward a decrease in daily shaving among men, reduce the regular use of aftershave products. In addition, the presence of harmful chemicals in some aftershaves raises health concerns, encouraging consumers to seek natural and organic products. Furthermore, market saturation and the intense competition among established brands and new entrants pose considerable challenges. Key players are expected to expand the consumer base to include younger demographics and develop innovative products, especially those featuring natural ingredients, skin health benefits, and eco-friendly packaging, to attract health-conscious customers. Additionally, extending the distribution channels, mainly through online platforms, increases product accessibility and convenience, thus potentially boosting sales.
Market Segmentation & Coverage:
This research report categorizes the Aftershave Lotions & Creams Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Cream and Lotion. The Cream is projected to witness significant market share during forecast period.
Based on Ingredient, market is studied across Chemical and Organic. The Chemical is projected to witness significant market share during forecast period.
Based on Packaging, market is studied across Bottles and Tubes. The Bottles is projected to witness significant market share during forecast period.
Based on Distribution Channel, market is studied across Offline and Online. The Offline is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Aftershave Lotions & Creams Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Aftershave Lotions & Creams Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Aftershave Lotions & Creams Market, highlighting leading vendors and their innovative profiles. These include Amway Corp., BEIERSDORF GLOBAL, Burt's Bees, Clinique Laboratories, LLC by The Estée Lauder Companies, Colgate-Palmolive Company, D.R. Harris & Co Ltd., Edgewell Personal Care, Godrej Consumer Products Limited, Groupe Clarins, Herbacin Cosmetic GmbH, Johnson & Johnson Services, Inc., Kao Corporation, L'Oréal Group, Mary Kay Inc., MENSCIENCE, Natura & Co, Oriflame Cosmetics Global SA, Procter & Gamble, Unilever, and Vi-john Group.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Aftershave Lotions & Creams Market, by Product
7. Aftershave Lotions & Creams Market, by Ingredient
8. Aftershave Lotions & Creams Market, by Packaging
9. Aftershave Lotions & Creams Market, by Distribution Channel
10. Americas Aftershave Lotions & Creams Market
11. Asia-Pacific Aftershave Lotions & Creams Market
12. Europe, Middle East & Africa Aftershave Lotions & Creams Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Aftershave Lotions & Creams Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Aftershave Lotions & Creams Market?
3. What is the competitive strategic window for opportunities in the Aftershave Lotions & Creams Market?
4. What are the technology trends and regulatory frameworks in the Aftershave Lotions & Creams Market?
5. What is the market share of the leading vendors in the Aftershave Lotions & Creams Market?
6. What modes and strategic moves are considered suitable for entering the Aftershave Lotions & Creams Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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