The global Men’s Grooming Products Market is projected to reach USD 78.5 billion by 2025, as per a new report by Million Insights. The market is expected to grow with a CAGR of 5.2%, during forecast years. Increasing beauty consciousness among men, growing awareness about the importance of overall body grooming and society's influence towards aesthetically appealing looks are driving the industry.
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Market Synopsis of Men’s Grooming Products Market:
Increasing consumer spending on personal care and the growing importance of male grooming in various industries such as fashion, aviation and corporate have redefined the men’s grooming industry and thereby created huge opportunities for various companies dealing in such products. Personal grooming is done to ensure overall hygiene and proper cleanliness of the body. Introduction of innovative grooming products and several grooming solutions such as hair perfumes, beard wax and others are positively driving the men’s grooming product market growth.
Europe was the largest market in terms of market share, in 2018. Rising demand for skin and hair grooming products among men is the key reason behind the region’s growth. The United Kingdom held the largest market share in Europe with a market share of 65.4%, in 2018. The growing obsession with youthful appearance is another leading reason driving the market in the region. Further, the growing popularity of body shaving and skincare products in the Asia Pacific region is driving the overall market.
Men’s grooming products are popular in western countries. However, emerging countries in the Asia Pacific and Latin America have witnessed significant demand in the recent past. Traditionally, grooming products for men were classified into toiletries and shaving products. However, lately, the demand for men’s cosmetics has surged considerably. Moreover, the demand for oil-free creams and anti-aging creams is expected to rise in both emerging and developed regions.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Men’s Grooming Products: Market Variables, Trends & Scope
Chapter 4 Men’s Grooming Products: Product Estimates & Trend Analysis
Chapter 5 Men’s Grooming Products: Application Estimates & Trend Analysis
Chapter 6 Men’s Grooming Products: End-use Estimates & Trend Analysis
Chapter 7 Men’s Grooming Products: Industrial End-use Estimates & Trend Analysis
Chapter 8 Men’s Grooming Products: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Men’s Grooming Products: Manufacturers Company Profiles
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The global Men’s Underwear Market size is projected to touch USD 42.22 billion by the end of 2025, according to a new report released by Million Insights.
Leading players are concentrating on the development of a personalized and comfortable product such as C-string, jockstraps, thongs and tanga, which are projected to boost the market growth.
Manufacturers are inclined towards the introduction of innovative underwear products with unique design, style and material to cater to the growing demand.
Companies are investing more in R to manufacture the products fit for all sizes and shapes.
Players are using innovative tailoring techniques and new fabrics such as viscose, merino and modal that help in regulating temperature and decrease moisture.
For example, a company named Saxx introduced pouches in 3D hammock shape that resists skin friction with the support of unexposed stitching and mesh panels to reduce the chaffing effect on the body.
We have been taught about personal hygiene from our childhood by our parents.
There are several personal grooming practises to observe, starting from brushing your teeth to showering every day.
However, taking care of your body and keeping it safe is not something that most of us do on a regular basis.
If you like them or not, they are incredibly critical in maintaining our wellbeing and appearance.Read More: bit.ly/2QCwjtc
