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.
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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.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-mens-grooming-products-market/request-sample 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.
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.
The United Kingdom held the largest market share in Europe with a market share of 65.4%, in 2018.
Europe will remain the leading Contributor to the overall Revenue Pie for Men’s Grooming Products Market Between 2016 and 2024Europe will remain the most attractive market with close to 40% share of the market in terms of revenue.
The men’s grooming products market in Europe will continue to present lucrative market opportunities over the next couple of years.
Whereas, the market in North America is expected to hold the second place with estimated revenues reaching US$ 29 Billion by 2024 end.The global market currently stands at US$ 54 billion in terms of values and expected to expand at over 8% CAGR during 2016 to 2024.Request For Report Sample: https://www.researchreportinsights.com/report/sample/110114963/Men%E2%80%99s-Grooming-Products-Market Highlights of the Regional Market • Robust demand for grooming products in china will sustain the market growth in Asia Pacific over the forecast period.• On account of higher sales of fragrances and shaving care products in North America the market in the region is expected to post steady gains during the projected period.A RRI report finds that the sales of men’s grooming products will cross US$ 104,199 Million by the end of 2024.
Increasing buyer ratio of e-commerce outlets has been observed as a key factor influencing the popularity of men’s grooming products globally.
In addition, increasing FDI involvement in e-commerce is further pushing manufacturers to rev-up online distribution operations.
Low pricing and easy availability are additional factors boosting the sales of men’s grooming products through online retail and e-commerce websites.The online distribution channel will create an absolute increment opportunity of over US$ 12 billion over the forecast period.
