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Beard Grooming Products Market Size - By Product Type, By Ingredient (Conventional, Organic), By Purpose, By End Use, By Price, By Distribution Channel, Global Forecast 2024 - 2032

Publisher Global Market Insights
Published Feb 20, 2024
Length 480 Pages
SKU # GMI18756034

Description

Beard Grooming Products Market Size - By Product Type, By Ingredient (Conventional, Organic), By Purpose, By End Use, By Price, By Distribution Channel, Global Forecast 2024 - 2032


Global Beard Grooming Products Market Size will witness over 6.2% CAGR between 2024 and 2032, fueled by a wave of new product launches from industry leaders. As grooming trends evolve, consumers are increasingly seeking high-quality products to maintain and style their facial hair. Leading companies are capitalizing on this trend by introducing innovative beard grooming solutions that cater to diverse preferences and needs. For instance, in October 2023, Harry's, a brand renowned for men's grooming and personal care, ventured into the beard care segment with a fresh line, introducing two novel products. These offerings were designed to be gentle on the skin, lightweight, delicately fragranced, and devoid of oiliness, with hints of orange, cedarwood, and cognac green.

These products often boast advanced formulations, ergonomic designs, and unique features aimed at enhancing the grooming experience. With the growing popularity of beards as a fashion statement, the demand for premium grooming products is on the rise. The influx of new offerings from reputable brands expands consumer choices while stimulating competition, ultimately driving growth in the Beard Grooming Products Market.

The overall Beard Grooming Products Industry is classified based on the type, ingredient, purpose, end-use, price, distribution channel, and region.

The gel & wax segment will register a significant CAGR from 2024 to 2032. Gel and wax formulations offer versatile styling options, providing hold and control for different beard lengths and styles. With an increasing number of men opting for well-groomed facial hair, the demand for these styling products is on the rise. Gel and wax products cater to diverse grooming needs, offering solutions for shaping, sculpting, and taming unruly beards. As a result, they play a significant role in driving growth in the Beard Grooming Products Market.

The beard grooming products market share from the commercial use segment will record a healthy valuation by 2032. Barbershops, salons, and grooming establishments rely heavily on quality beard grooming products to meet the needs of their clientele. With the growing popularity of beards and facial hair grooming, these businesses seek a wide range of products, including beard balms, oils, waxes, and styling tools, to provide comprehensive grooming services. As commercial establishments strive to offer superior grooming experiences, the demand for beard grooming products continues to soar, driving market growth.

North America beard grooming products market will register a commendable market share through 2032. With a burgeoning interest in grooming among men, particularly in the United States and Canada, the region witnesses a robust demand for beard grooming products. Factors such as changing grooming trends, increased awareness of personal care, and a growing preference for well-groomed facial hair drive the market in North America.

This demand prompts manufacturers to innovate and offer diverse products tailored to the specific needs of North American consumers, further fueling market growth. For instance, in February 2024, The Shop, a multimedia brand co-owned by NBA All-Star LeBron James and business partner Maverick Carter, announced that it is poised to make its debut in the beauty sector with the introduction of a men's grooming line scheduled for launch in April 2024. This line will be available for purchase online and will also be carried in approximately 1,600 Walmart stores across the United States.

Table of Contents

480 Pages
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameter
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Beard grooming products industry 360 degree synopsis
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Technological overview
3.3 Regulatory landscape
3.4 Industry impact forces
3.4.1 Growth drivers
3.4.2 Industry pitfalls & challenges
3.5 Growth potential analysis
3.6 Porter's analysis
3.6.1 Supplier power
3.6.2 Buyer power
3.6.3 Threat of new entrants
3.6.4 Threat of substitutes
3.6.5 Industry rivalry
3.7 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Product Type (USD Billion) (Thousand Units)
5.1 Key trends
5.2 Oil & serum
5.3 Cream/balm
5.4 Gel & wax
5.5 Cleanser
5.6 Trimmers
5.7 Other (tools & accessories)
Chapter 6 Market Estimates & Forecast, By Ingredient (USD Billion) (Thousand Units)
6.1 Key trends
6.2 Conventional
6.3 Organic
Chapter 7 Market Estimates & Forecast, By Purpose (USD Billion) (Thousand Units)
7.1 Key trends
7.2 Medicated
7.3 General purpose
Chapter 8 Market Estimates & Forecast, By End Use (USD Billion) (Thousand Units)
8.1 Key trends
8.2 Individual use
8.3 Commercial use
Chapter 9 Market Estimates & Forecast, By Price (USD Billion) (Thousand Units)
9.1 Key trends
9.2 Low
9.3 Medium
9.4 High
Chapter 10 Market Estimates & Forecast, By Distribution Channel (USD Billion) (Thousand Units)
10.1 Key trends
10.2 Online
10.2.1 Company websites
10.2.2 E-commerce
10.3 Offline
10.3.1 Supermarket/hypermarket
10.3.2 Specialty store
10.3.3 Others (mega retail store)
Chapter 11 Market Estimates & Forecast, By Region (USD Billion) (Thousand Units)
11.1 Key trends, by region
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 India
11.4.3 Japan
11.4.4 South Korea
11.4.5 Australia
11.4.6 Rest of Asia Pacific
11.5 Latin America
11.5.1 Brazil
11.5.2 Mexico
11.5.3 Argentina
11.5.4 Rest of Latin America
11.6 MEA
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 South Africa
11.6.4 Rest of MEA
Chapter 12 Company Profiles
12.1 Beard Club
12.2 CALYNDIA P.C.
12.3 Conair LLC
12.4 Every Man Jack
12.5 Golden Grooming
12.6 Helios Lifestyle Private Limited
12.7 J&J Beard Company
12.8 Manscaped
12.9 McNROE Consumer Products Pvt Ltd.
12.10 Procter and Gamble
12.11 Stubble + Stache
12.12 Texas Beard Company
12.13 Ustraa
12.14 Wahl Clipper
12.15 ZOUSZ

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