Men’s Grooming Products Market, by Product Type, Distribution Channel, and Geography

Men’s grooming products have gained significant traction over the recent past due to the advent of male vanity in the 21st century. Although conventionally, shaving products were the most lucrative in the men’s grooming products market, men’s beauty products have gained significant traction in the market. Also, customer interest has piqued in toiletries pertaining to skin, hair, and teeth care.

Ask for detailed Sample of the Research [email protected] https://www.coherentmarketinsights.com/insight/request-sample/953
*The Sample consists of Table of Content, Research framework of the actual report & research methodology adopted for it.

Among distribution channel, the online segment is the fastest growing due to the increased convenience offered to the consumers. Customers are increasingly utilizing the internet for grooming tips, which has further resulted in an increase in the number of grooming websites and blogs. Also, websites dedicated to men’s grooming products have gained impetus as a result of increasing demand for such products. Among product type, the toiletries segment is projected to be a major segment, followed by the shaving products and make up products segments. Grooming products constitute for medicinal products as well. For example, shampoo is intended to cleanse hair, however, also acts as a treatment for dandruff.

Europe, followed by North America and Asia Pacific, respectively, accounted for major share in the global men’s grooming market, in terms of revenue in 2016. This  trend is estimated to remain the same over the forecast period (2017 – 2025).  In 2016, North America held a share of 30.12% in terms of revenue, followed by Asia Pacific (14.66 %). Growing demand for personal grooming and busy lifestyles in Asia Pacific due to rising consumer awareness coupled with growing retail sector is expected to drive growth of the global men’s grooming products market over the forecast period. For instance, according to India Brand Equity Foundation (IBEF)—a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India—the retail market in India is expected to nearly double to US$ 1 trillion by 2020 from US$ 600 billion in 2015, due to income growth, urbanization, and attitudinal shifts. Asia Pacific is expected to exhibit a CAGR of 9.27% over the forecast period and is expected to reach US$ 17.6 billion by 2025.

Ask for Customization of Research [email protected] https://www.coherentmarketinsights.com/insight/request-customization/953

Europe the largest region, in terms of value, was valued at US$ 23.1 billion in 2016. North America and Europe hold lucrative grooming products markets with millennials driving growth. Increased spending by the youth to keep up with global fashion trends has been a major driver. Western European countries of U.K., France, Germany, and Spain are highly lucrative markets for men’s grooming products.

You may be interested

Pulse Oximeter Market Is Also Driven By Technology Advancements And Also In Expansion Of Clinical Applications
Healthcare
Healthcare

Pulse Oximeter Market Is Also Driven By Technology Advancements And Also In Expansion Of Clinical Applications

Mohit Joshi - October 20, 2018

The Pulse Oximeter Market is expected to have a highly positive growth outlook from 2018-2026 according to a recently released by Coherent Market Insights, added in its large…

Extracorporeal Shock Wave Lithotripsy Market Is Being Fuelled By Rise In Incidence Of Kidney Stones
Healthcare
Healthcare

Extracorporeal Shock Wave Lithotripsy Market Is Being Fuelled By Rise In Incidence Of Kidney Stones

Mohit Joshi - October 20, 2018

The Extracorporeal Shock Wave Lithotripsy Market is expected to have a highly positive growth outlook from 2018-2026 according to a recently released by Coherent Market Insights, added in…

Rapid Technological Advancements Like Navigation With A Magnetic Guidewire Is Expected To Created Immense Growth Opportunities For Industry Participants
Healthcare
Healthcare

Rapid Technological Advancements Like Navigation With A Magnetic Guidewire Is Expected To Created Immense Growth Opportunities For Industry Participants

Mohit Joshi - October 20, 2018

The Guidewires Market is expected to have a highly positive growth outlook from 2018-2025 according to a recently released by Coherent Market Insights, added in its large database…

Most from this category