
Global Hair Removal Products Market Size Study, by Product (Creams, Ready-To-Use Wax Strips, Electronic Devices, Razors), by Application (Men, Women), by Distribution (Supermarkets & Hypermarkets, Convenience Stores, Drugstores, Online), and Regional Fore
Description
The Global Hair Removal Products Market is valued at approximately USD 3.78 billion in 2024 and is anticipated to grow with a robust (CAGR) of 8.8% during the forecast period 2024-2034.Hair removal products, encompassing a diverse range of solutions such as creams, wax strips, razors, and advanced electronic devices, cater to the evolving grooming preferences of both men and women. The increasing awareness about personal grooming, coupled with the influence of social media trends and a surge in disposable incomes, is significantly propelling market growth. Moreover, the rise in innovation within product formulations and device technologies further accelerates the adoption of these products across the globe.
The surge in demand for convenient and pain-free solutions for hair removal has led to the popularity of ready-to-use wax strips and advanced electronic devices. Companies are leveraging modern technologies to introduce skin-safe, long-lasting, and efficient products, catering to the diverse needs of consumers. Furthermore, the growing preference for online shopping platforms, offering easy accessibility and extensive product ranges, is driving market expansion. Eco-conscious consumer behaviors have also catalyzed the introduction of sustainable and environment-friendly alternatives in hair removal solutions.
Despite the impressive growth trajectory, the market faces challenges such as potential skin-related side effects and stringent regulations on cosmetic products. High costs associated with premium devices and concerns regarding disposable product waste also pose hurdles. However, the growing emphasis on product innovations and collaborations between manufacturers and dermatology experts present promising opportunities. Furthermore, the rising demand for gender-neutral and customized hair removal products is expected to unlock new market potentials in the coming years.
Geographically, North America dominates the market, driven by high consumer spending on grooming products, advanced retail infrastructure, and strong brand penetration. Europe follows closely, with its demand fueled by growing awareness of personal care and a focus on sustainable beauty solutions. The Asia Pacific region is projected to witness the fastest growth, supported by increasing disposable incomes, a rising youth population, and the expansion of e-commerce channels. Meanwhile, Latin America and the Middle East & Africa are emerging as lucrative markets due to improving economic conditions and evolving consumer lifestyles.
Major market players included in this report are:
By Product:
The surge in demand for convenient and pain-free solutions for hair removal has led to the popularity of ready-to-use wax strips and advanced electronic devices. Companies are leveraging modern technologies to introduce skin-safe, long-lasting, and efficient products, catering to the diverse needs of consumers. Furthermore, the growing preference for online shopping platforms, offering easy accessibility and extensive product ranges, is driving market expansion. Eco-conscious consumer behaviors have also catalyzed the introduction of sustainable and environment-friendly alternatives in hair removal solutions.
Despite the impressive growth trajectory, the market faces challenges such as potential skin-related side effects and stringent regulations on cosmetic products. High costs associated with premium devices and concerns regarding disposable product waste also pose hurdles. However, the growing emphasis on product innovations and collaborations between manufacturers and dermatology experts present promising opportunities. Furthermore, the rising demand for gender-neutral and customized hair removal products is expected to unlock new market potentials in the coming years.
Geographically, North America dominates the market, driven by high consumer spending on grooming products, advanced retail infrastructure, and strong brand penetration. Europe follows closely, with its demand fueled by growing awareness of personal care and a focus on sustainable beauty solutions. The Asia Pacific region is projected to witness the fastest growth, supported by increasing disposable incomes, a rising youth population, and the expansion of e-commerce channels. Meanwhile, Latin America and the Middle East & Africa are emerging as lucrative markets due to improving economic conditions and evolving consumer lifestyles.
Major market players included in this report are:
- Procter & Gamble Co.
- Reckitt Benckiser Group PLC
- Edgewell Personal Care Company
- Veet (Reckitt Benckiser)
- Church & Dwight Co., Inc.
- Philips N.V.
- Panasonic Corporation
- The Estée Lauder Companies Inc.
- Sally Hansen
- Shiseido Company, Limited
- Gillette (Procter & Gamble)
- Wahl Clipper Corporation
- Beiersdorf AG
- Braun GmbH
- Conair Corporation
By Product:
- Creams
- Ready-To-Use Wax Strips
- Electronic Devices
- Razors
- Men
- Women
- Supermarkets & Hypermarkets
- Convenience Stores
- Drugstores
- Online
- U.S.
- Canada
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Brazil
- Mexico
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Comprehensive analysis and forecasts for a 10-year period, from 2024-2034.
- Regional insights with detailed country-level breakdowns.
- Competitive landscape featuring major industry players and their strategies.
- Analysis of demand and supply-side dynamics.
- Recommendations on emerging opportunities and future market approaches.
Table of Contents
285 Pages
- Chapter 1. Global Hair Removal Products Market Executive Summary
- 1.1. Global Hair Removal Products Market Size & Forecast (2024-2034)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Application
- 1.3.3. By Distribution
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6 Investment Analysis
- 1.7 Investment Rationale
- 1.8. Analyst Recommendation & Conclusion
- Chapter 2. Global Hair Removal Products Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Hair Removal Products Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Rising Consumer Preferences for Premium and Customized Hair Removal Products
- 3.1.2. Growth of Online Retail Platforms
- 3.1.3. Adoption of Eco-Friendly Materials
- 3.2. Market Challenges
- 3.2.1. Potential Skin-Related Side Effects
- 3.2.2. Stricter Regulations on Cosmetic Products
- 3.3. Market Opportunities
- 3.3.1. Integration of Smart Technology in Hair Removal Devices
- 3.3.2. Rise of Experiential Dining and Outdoor Recreation
- 3.3.3. Expansion of E-Commerce Channels
- Chapter 4. Global Hair Removal Products Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Hair Removal Products Market Size & Forecasts by Product 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Hair Removal Products Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Creams
- 5.2.2. Ready-To-Use Wax Strips
- 5.2.3. Electronic Devices
- 5.2.4. Razors
- Chapter 6. Global Hair Removal Products Market Size & Forecasts by Application 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Hair Removal Products Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Men
- 6.2.2. Women
- Chapter 7. Global Hair Removal Products Market Size & Forecasts by Distribution Channel 2022-2032
- 7.1. Supermarkets & Hypermarkets Hair Removal Market
- 7.1.1. U.S. Supermarkets & Hypermarkets Hair Removal Market
- 7.1.1.1. Product Breakdown Size & Forecasts, 2022-2032
- 7.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
- 7.1.1.3. Distribution Channel Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Supermarkets & Hypermarkets Hair Removal Market
- 7.2. Convenience Stores Hair Removal Market
- 7.2.1. UK Convenience Stores Hair Removal Market
- 7.2.2. Germany Convenience Stores Hair Removal Market
- 7.2.3. France Convenience Stores Hair Removal Market
- 7.2.4. Spain Convenience Stores Hair Removal Market
- 7.2.5. Italy Convenience Stores Hair Removal Market
- 7.2.6. Rest of Europe Convenience Stores Hair Removal Market
- 7.3. Drugstores Hair Removal Market
- 7.3.1. China Drugstores Hair Removal Market
- 7.3.2. India Drugstores Hair Removal Market
- 7.3.3. Japan Drugstores Hair Removal Market
- 7.3.4. Australia Drugstores Hair Removal Market
- 7.3.5. South Korea Drugstores Hair Removal Market
- 7.3.6. Rest of Asia Pacific Drugstores Hair Removal Market
- 7.4. Online Hair Removal Market
- 7.4.1. Brazil Online Hair Removal Market
- 7.4.2. Mexico Online Hair Removal Market
- 7.4.3. Rest of Latin America Online Hair Removal Market
- 7.5. Middle East & Africa Online Hair Removal Market
- 7.5.1. Saudi Arabia Online Hair Removal Market
- 7.5.2. South Africa Online Hair Removal Market
- 7.5.3. Rest of Middle East & Africa Online Hair Removal Market
- Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Procter & Gamble Co.
- 8.1.2. Reckitt Benckiser Group PLC
- 8.1.3. Edgewell Personal Care Company
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Procter & Gamble Co.
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Reckitt Benckiser Group PLC
- 8.3.3. Edgewell Personal Care Company
- 8.3.4. Veet (Reckitt Benckiser)
- 8.3.5. Church & Dwight Co., Inc.
- 8.3.6. Philips N.V.
- 8.3.7. Panasonic Corporation
- 8.3.8. The Estée Lauder Companies Inc.
- 8.3.9. Sally Hansen
- 8.3.10. Shiseido Company, Limited
- Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.