Press release
Men's Personal Care Market Report Size, Growth And Forecast Report 2024 To 2033
Men's Personal Care Market
As per the report, the men's personal care market size has grown rapidly in recent years. It will grow from $63.47 billion in 2023 to $69.89 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The men's personal care market size is expected to see strong growth in the next few years. It will grow to $101.62 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%.
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Surging Consumer Demand For Men's Grooming Products To Drive Market Growth
The growing consumer inclination for specific grooming products across the globe is significantly contributing to the growth of the men's personal care market. Grooming refers to the activities that people do to keep their bodies clean and look nice. 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. According to the survey conducted among 47 countries in 2021 by consumer insights firm GWI, male consumers are showing an increased interest in beauty and cosmetics. Also, in 2020, India has a 32.1% share of men's grooming products in the South Asian market and is estimated to grow at a rapid pace. Thus, the rise in inclination of consumers for specific grooming products is supporting the growth of the men's personal care market.
Shift Towards Organic And Chemical-Free Products Transforming The Market
Increasing use of natural ingredient-based products has been a major trend in this market. 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.
The mens personal care market covered in this report 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
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Major companies operating in the men's personal care market report are LVMH Moët Hennessy Louis Vuitton, Johnson & Johnson, Procter & Gamble, Unilever, Bayer AG, L'Oréal, Henkel AG & Co KGaA, Colgate-Palmolive Company, Reckitt Benckiser, Estee Lauder Companies Inc., Baxter of California, Kao Corporation, Beiersdorf AG, Shiseido Company Limited, The Clorox Company, Natura & Co, Bulldog Skincare, Coty Inc., Avon Products Inc., Edgewell Personal Care Company, Revlon Inc., L'Occitane International SA, The Himalaya Drug Company, Harry's Inc., EOS Products LLC, Every Man Jack, The Proactiv Company LLC, The Art of Shaving, Jack Black LLC, American Crew, Kiehl's, Lab Series Skincare for Men, Malin+Goetz, Molton Brown, Nivea Men
Contents of the report:
1. Executive Summary
2. Men's Personal Care Market Report Structure
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
…..
27. Men's Personal Care Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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