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Female Depilatory Products Market Growth Opportunities, Analysis and Forecasts Report 2017-2025

06-27-2017 12:22 PM CET | Fashion, Lifestyle, Trends

Press release from: Transparency Market Research

Female Depilatory Products Market Growth Opportunities,

Depilatory products have gained a significant surge in the demand in recent years. They are widely used for the removal of unwanted hair on the skin. The surge in the demand is majorly attributed to the rising awareness about personal hygiene among the female population. The developed countries such as U.S. Canada, U.K. and Germany among others are the major contributors to the growth of the market owing to the huge adoption rate for such products among the female population.

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Rapid acceptance of such products among the female population is one of the key factors responsible for the growth of this market at present. Rising awareness about hygiene is one of the key factors associated with the surging demand for such products. Further, the manufacturers operating in this field, post extensive surveys on consumer behavior and research and development activities have come up with new products falling in this line and are also engaged in upgrading the existing products with new features in order to cater to the changing needs and preferences of the consumers. This is allowed to the consumers to have an enhanced access to a wider variety of products to choose from.

However, harmful chemicals included in such products are a major reason barring the growth of the market at present. Calcium hydroxide, potassium hydroxide, and sodium hydroxide among others are some of chemicals that are present in hair removal creams that help to remove hair faster. However, such chemicals have an adverse on the skin and since these products are used frequently, the effect of these chemicals on the skin is more evident. Due to this factor, a certain part of the female population refrain themselves from buying such products, which has posed a negative impact on the growth of the market.

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However, the usage of such products in the developing countries such as India, Argentina, China and Japan among others is low at present. However, the usage of such products in the developing countries such as India, Argentina, China and Japan among others is low at present. A fair amount of the female population refrain themselves from consuming such products due to several cultural and societal barriers that are associated with every country. However, this trend is expected to subside in the future on account of the younger population, who are majorly influenced by the western lifestyle, and the consumption of such products in these countries is expected to increase in the future, thus creating opportunities for the manufacturers for expansion, which would also show a positive trend on the growth of the market in the future.

Based on products, the market has been segmented into hair removal creams, gels, lotions, wax strips, razors and blades among others. Hair removal creams and gels, lotions and wax strips are expected to lead the market throughout the forecast period on account of product innovation by the manufacturers, thereby allowing the consumers a wider variety of products to choose from. Further, features such as moisturizing and softening are some of the additional factors that have urged the female population towards consuming such products on a large scale.

Based on distribution channel, the market is segmented into online channels, supermarkets and hypermarkets, and departmental stores among others. Online channels accounted for a fair market share at the global level on account of rapid advancements in internet services such as 4G and 5G technologies.

Based on regions, Europe is expected to lead the market throughout the forecast period. North America is also expected to project a fair growth during the forecast period.

Some of the major players operating in the field of female depilatory products market include Church & Dwight Co., Reckitt Benckiser Group Plc, Procter and Gamble, American Intenational and Nad’s among others.

About TMR

TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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