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Shaving Preparations Market Outlook 2024: Exclusive Report By The Business Research Company
Shaving Preparations Market
The Business Research Company offers in-depth market insights through Shaving Preparations Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The shaving preparations market size has grown rapidly in recent years. It will grow from $0.98 billion in 2023 to $1.09 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to changing grooming trends, razor and blade innovation, consumer education, health and hygiene.
The shaving preparations market size is expected to see rapid growth in the next few years. It will grow to $1.67 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to growth in men's grooming, natural and organic products, e-commerce and dtc sales, customization and personalization. Major trends in the forecast period include gender-neutral products, sustainable packaging, multi-functional products, shaving subscription services.
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Market Segmentation:
The main product types of shaving preparations are shave foams, shaving creams, shaving lotions, shaving waxes, and shaving gels. The sales channels are beauty and drug stores, branded and specialty outlets, online retailers, convenience stores, and other sales channels. The various end-users are salons, personal use.
Major Driver - Rising Demand For Self-Grooming Products Drives The Shaving Preparations Market
The increasing adoption of self-grooming and personal care products is driving the shaving preparations market. Through advertisements and social media blogs, men and women are well aware of how to get rid of body hair and use hair removal products extensively. In addition, the introduction of sensitive razors and shaving creams that are more economical, cause less irritation, soften the beard, make the skin smooth and moisturized, and help reduce cuts while shaving. For instance, according to the estimation based on the data by U.S. Census Bureau, a principal agency of the US Federal Statistical System and Simmons National Consumer Survey (NHCS), a provider of insights on the American consumer, in the USA, in 2020, 2.2 million Americans used shaving cream or gel 14 or more times a week.
Competitive Landscape:
Major companies operating in the shaving preparations market include Procter & Gamble Company, L'Oréal SA, Gillette Company, Johnson & Johnson, Colgate-Palmolive Company, Energizer Holdings Inc., Godrej & Boyce Mfg. Co. Ltd., Beiersdorf AG, Unilever plc, Perio Inc., Super-Max Limited, Taylor of Old Bond Street, Ahava Dead Sea Laboratories Limited, VI-John Group, Avon Products Inc., Shiseido Company Limited, Estee Lauder Companies Inc., Biotherm International, Pierre Fabre Dermo-Cosmetique USA Inc., Mary Kay Inc., Roger & Gallet SA, Bulldog Skincare Limited, Lush Fresh Handmade Cosmetics, Acqua di Parma, Crown Shaving Co., Triumph & Disaster Limited, Anthony Brands LLC., The Art of Shaving LLC., Baxter of California, Bluebeard's Revenge, Caswell-Massey, Dollar Shave Club Inc., Beauty Planet AB
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Top Trend - Facial Shaving Cream For Women Gains Momentum In Shaving Preparations Market
The launch of facial shaving cream for women is a key trend gaining popularity in the shaving preparations market. Women are using facial shaving cream to minimize the appearance of hair over time. For example, in March 2022, Skinny Confidential, a US based provider of facial beauty tools and beauty products, launched The Hot Shave Cream facial shaving cream for women. The buttery cream was formulated with a blend of nourishing and hydrating ingredients to soothe and smooth the skin. In addition, the brand has paired the shaving cream with The Hot Shave Razor. It is a refillable razor designed to gently remove unwanted facial hair and peach fuzz.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Shaving Preparations Market Characteristics
3. Shaving Preparations Market Trends And Strategies
4. Shaving Preparations Market - Macro Economic Scenario
5. Shaving Preparations Market Size And Growth
…..
27. Shaving Preparations Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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