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Beard Care Market Booms: CAGR Soars to 7.40%, Reaching USD 29.4 Billion by 2032

03-27-2024 11:54 AM CET | Consumer Goods & Retail

Press release from: Market Research Future (MRFR)

Beard Care Products Market

Beard Care Products Market

๐๐ž๐š๐ซ๐ ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
The Bearded Care Products Market was estimated to be worth USD 15.5 billion in 2022. The industry for bearded care products is expected to increase at a compound annual growth rate (CAGR) of 7.40% from 2023 to 2032, from USD 16.6 billion in 2023 to USD 29.4 billion. The main factors driving the market expansion are men's increased awareness of personal grooming and the growing trendiness of beards.

๐†๐ž๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐…๐ข๐ฅ๐ž @ https://www.marketresearchfuture.com/sample_request/7241

Due to the growing ubiquity of beards among people worldwide, the need for beard care products has grown significantly over time. Changes in lifestyle and increased knowledge of personal grooming trends are two major elements promoting this expansion. The development can be linked to several causes, including expanding urbanisation, rising disposable money among millennials, and rising awareness among males to improve their looks. Furthermore, men are starting to notice the growing importance of personal grooming. As a result, there is a rising need for goods that can improve men's facial appearance. These beard products are becoming more popular in the men's grooming sector as they enhance the beard's outward appearance. External factors, including social media campaigns, marketing initiatives, and digital marketing, are also projected to fuel market expansion in the years to come. The necessity for males to present themselves appealingly and professionally is becoming more common. Thus, it is anticipated that demand for grooming products including oils, shampoos, and waxes, will increase in the next years. Additionally, manufacturers are starting to use more organic ingredients in their products. Moreover, it is anticipated that consumers' growing preference for using products with natural ingredients and minimal side effects will positively affect market growth in the coming years. On the other hand, many unfavorable variables have a negative impact on the growth of the global market for beard care products. Some of the new products from a few manufacturers have unfavorable side effects that could slow the market's revenue growth in the years to come.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Europe dominated the market for beard care products in 2021. This expansion can be ascribed to the rise in moustache and beard competitions. For instance, several competitions, such as the "World Beard and Moustache Championship," are held across Europe, increasing the need for beard care products in the coming years.

Asia Pacific to register lucrative growth in the market for beard care products. This expansion can be ascribed to several factors, including rising disposable income among working professionals, increasing population in countries like China and India, and increasing millennial desire for organic goods. Additionally, the introduction of numerous startups to produce beard care products has paved the path for product development, pushing the market demand.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง @ https://www.marketresearchfuture.com/ask_for_customize/7241

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง
The beard care products market has been segmented into type, category and distribution channel.
Based on type, the beard care products market has been segmented into beard oil, beard wax, beard wash and others. The beard oil category accounted for the largest share of the market in 2021. This is due to its benefits, which include great moisturizing capabilities and appropriateness for many skin types. These oils include a variety of carrier oils, which are crucial for hair growth and aid in softening hair follicles. As a result, producers are working to create these oils that can accelerate beard growth. On the other hand, the beard wax category is anticipated to grow at a significant rate. This growth might be related to the advantages of using these treatments, such as softer skin and beard. As a result, it is projected that the market for these items will grow in developed and developing countries worldwide.

Based on the category, the beard care products market has been segmented into conventional and organic. The organic category accounted for the largest revenue share in 2021 in the beard care products market as it offers various benefits. Organic components are crucial in beard care products to keep your beard soft and encourage healthy beard growth. These compounds have a wide range of therapeutic effects and are easier on your skin.

Based on the distribution channel, the beard care products market has been segmented into store based and non store based. The store based category accounted for the largest revenue share in 2021 in the beard care products market. This development may be explained by consumers' increasing preference for physically inspecting products before making a purchase. The beard care products market is expected to grow due to numerous techniques used by producers, such as discounted rates and offers to build brand awareness. Additionally, store assistants who work in such establishments aid customers in choosing the ideal product based on their needs.

๐…๐จ๐ซ ๐Ÿ๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐œ๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐š๐ญ @ https://www.marketresearchfuture.com/reports/beard-care-products-market-7241

๐Š๐ž๐ฒ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ž๐š๐ซ๐ ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐œ๐ฅ๐ฎ๐๐ž
The Famous Beard Oil Company, LLC (US)
The Man Company (India)
Beardbrand (US)
Texas Beard Company (US)
Liberty Premium Grooming Co.(US)
Smoky Mountain Beard Co.(US)
Murdock London (UK)
Badass Beard Care (US)
Zeus Beard Products (US)

๐๐ž๐š๐ซ๐ ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ
๐‰๐ฎ๐ฅ๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ:
Celebrated entertainment commerce website ROPOSO and actor Rana Daggubati have teamed up to launch 'DCRAF,' a mens grooming brand. This company launched a range of skincare and beard care products in the middle of 2022. The products are well made and feature carbonized images of different celebrities with facial hair.

๐‰๐š๐ง๐ฎ๐š๐ซ๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ:
Beardbrand increased the variety of grooming goods in their product line by adding hair products to their selection of beard care products.

๐‘๐ž๐š๐ ๐Ž๐ฎ๐ซ ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ -
๐Ž๐ซ๐ ๐š๐ง๐ข๐œ ๐…๐š๐œ๐ž ๐‚๐š๐ซ๐ž ๐ˆ๐ง๐ ๐ซ๐ž๐๐ข๐ž๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐†๐ฅ๐จ๐›๐š๐ฅ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ -
https://www.marketresearchfuture.com/reports/organic-face-care-ingredients-1562

๐Œ๐ž๐ง'๐ฌ ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐†๐ฅ๐จ๐›๐š๐ฅ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐“๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ– -
https://www.marketresearchfuture.com/reports/mens-personal-care-products-market-10553

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ฎ๐ฌ:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐…๐ฎ๐ญ๐ฎ๐ซ๐ž:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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