Hair Removal Products Market Size, Share & Trends Analysis Report By Type (Creams, Electronic Devices), By Distribution Channel, By Application, By Region, And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global hair removal products market size is expected to reach USD 3.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.5% over the forecast period. Growing awareness about personal grooming, rise in consumer disposable income, increased spending on personal care products, and enhanced aesthetic appeal are some of the factors contributing to the market growth.

Increasing acceptance of hair removal products among men is also one of the significant factors driving the market. As per the recent trends, a large number of men are indulging in various grooming activities, including hair removal. Furthermore, emerging trend of metrosexual culture has been driving the companies to introduce hair removal products suitable for men. For instance, Emjoi offers Emagine Epilator especially for men. This device is equipped with 72 tweezers, along with shaving and trimming attachments, which makes it a multi-purpose equipment.

Electronic devices are expected to register the fastest CAGR of 6.0% over the forecast period. Increasing consumer demand for hassle free grooming products, coupled with technological advancement in every field, is expected to spur up the sales of electronic devices for hair removal such as epilators. Owing to increasing demand for quick fix solutions among men and women, companies are focusing on introducing separate devices for both, considering the nature of their skin.

For instance, Braun Silk Epil 9, 7, and Philips Satinelle are some of the epilators specially designed for men. Epilators have been gaining an increasing traction owing to growing demand for quick fix grooming solutions, especially among working women. For instance, Emjoi Soft Caress Epilator equipped with 36 tweezers enables quick hair removal solution.

The men end user segment is expected to expand at a CAGR of 5.8% over the forecast period. Application of hair removal products is gaining significant popularity among men, which, in turn, is anticipated to drive the global market over the forecast period. Growing trend of metro sexuality and desire to maintain personal hygiene and grooming habits are some of the factors expected to pull up the growth of the global hair removal products market over the forecast period. Women are expected to dominate the global market on account of rising number of working professionals who opt for frequent grooming solutions and increasing product launches by the companies to cater to different skin types. For instance, Veet by Reckitt Benckiser offers hair removal creams for normal, sensitive, and dry skin.

Online retail is expected to be the fastest growing distribution channel with a CAGR of 6.1% in the next few years. Rising penetration of e-commerce platforms and smart devices such as mobile phones and tablets, along with benefits like easy payment options and discounts, are the key factors contributing to the growth of this market. Moreover, increasing preference for online shopping is compelling the manufacturers to offer their products through various online channels such as Nykaa, bigbasket, and Amazon in order to cater to the vast consumer base.

North America held the largest share of 30.8% in 2018. Factors such as high spending on personal grooming, increasing penetration of electronic device, and increased concerns over hygiene among men and women are some of the factors that have been driving the market im the region.

Further key findings from the study suggest:

• By type, electronic devices are expected to expand at the fastest CAGR of 6.0% from 2019 to 2025 due to increasing demand for hassle free and quick grooming options

• The men end user segment in hair removal products market is expected to witness significant growth in the next few years due to rising awareness of grooming and hygiene

• Online retail is expected to register the fastest CAGR of 6.1% from 2019 to 2025

• APAC is expected to witness the fastest growth owing to increasing number of working women looking for quick hair removal solutions, changing living standards, and rising disposable income.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                       1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights
Chapter 3. Hair Removal Products Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Hair Removal Products Market
                  3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations
Chapter 5. Hair Removal Products Market: Type Estimates & Trend Analysis
                  5.1. Type Movement Analysis & Market Share, 2018 & 2025
                  5.2. Creams
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.3. Ready-to-use wax strips
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.4. Electronic devices
                      5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.5. Razors
                      5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Hair Removal Products Market: End User Estimates & Trend Analysis
                  6.1. End User Movement Analysis & Market Share, 2018 & 2025
                  6.2. Men
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.3. Women
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Hair Removal Products Market: Distribution Channel Estimates & Trend Analysis
                  7.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                  7.2. Supermarkets & Hypermarkets
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  7.3. Drugstores
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  7.4. Convenience Stores
                      7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  7.5. Online
                      7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 8. Hair Removal Products Market: Regional Estimates & Trend Analysis
                  8.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  8.2. North America
                      8.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      8.2.2. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                      8.2.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Million)
                      8.2.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      8.2.5. U.S.
                          8.2.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.2.5.2. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                          8.2.5.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Million)
                          8.2.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                  8.3. Europe
                      8.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      8.3.2. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                      8.3.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Million)
                      8.3.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      8.3.5. Germany
                          8.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.3.5.2. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                          8.3.5.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Million)
                          8.3.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      8.3.6. U.K.
                          8.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.3.6.2. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                          8.3.6.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Million)
                          8.3.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                  8.4. Asia Pacific
                      8.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      8.4.2. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                      8.4.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Million) 
                      8.4.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      8.4.5. China 
                          8.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.4.5.2. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                          8.4.5.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Million)
                          8.4.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      8.4.6. India
                          8.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.4.6.2. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                          8.4.6.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Million)
                          8.4.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                  8.5. Central & South America
                      8.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      8.5.2. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                      8.5.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Million)
                      8.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      8.5.5. Brazil
                          8.5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          8.5.5.2. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                          8.5.5.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Million)
                          8.5.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                  8.6. Middle East & Africa (MEA)
                      8.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      8.6.2. Market estimates and forecast, by type, 2015 - 2025 (USD Million)
                      8.6.3. Market estimates and forecast, by end user, 2015 - 2025 (USD Million)
                      8.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
Chapter 9. Competitive Analysis
                  9.1. Key global players, recent developments & their impact on the industry
                  9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  9.3. Vendor Landscape
                      9.3.1. Key company market share analysis, 2018
Chapter 10. Company Profiles
                  10.1. Reckitt Benckiser 
                      10.1.1. Company Overview
                      10.1.2. Financial Performance
                      10.1.3. Product Benchmarking
                      10.1.4. Strategic Initiatives
                  10.2. Church & Dwight
                      10.2.1. Company Overview
                      10.2.2. Financial Performance
                      10.2.3. Product Benchmarking
                      10.2.4. Strategic Initiatives
                  10.3. Procter & Gamble
                      10.3.1. Company Overview
                      10.3.2. Financial Performance
                      10.3.3. Product Benchmarking
                      10.3.4. Strategic Initiatives
                  10.4. Philips
                      10.4.1. Company Overview
                      10.4.2. Financial Performance
                      10.4.3. Product Benchmarking
                      10.4.4. Strategic Initiatives
                  10.5. Emjoi
                      10.5.1. Company Overview
                      10.5.2. Financial Performance
                      10.5.3. Product Benchmarking
                      10.5.4. Strategic Initiatives
                  10.6. Sally Hansen
                      10.6.1. Company Overview
                      10.6.2. Financial Performance
                      10.6.3. Product Benchmarking
                      10.6.4. Strategic Initiatives
                  10.7. VI-John
                      10.7.1. Company Overview
                      10.7.2. Financial Performance
                      10.7.3. Product Benchmarking
                      10.7.4. Strategic Initiatives
                  10.8. Nads
                      10.8.1. Company Overview
                      10.8.2. Financial Performance
                      10.8.3. Product Benchmarking
                      10.8.4. Strategic Initiatives
                  10.9. Revitol
                      10.9.1. Company Overview
                      10.9.2. Financial Performance
                      10.9.3. Product Benchmarking
                      10.9.4. Strategic Initiatives
                  10.10. Codream
                      10.10.1. Company Overview
                      10.10.2. Financial Performance
                      10.10.3. Product Benchmarking
                      10.10.4. Strategic Initiatives

List of Tables

1. Hair removal products - Key market driver analysis
2. Hair removal products - Key market restraint analysis
3. Global hair removal creams market estimates and forecast, 2015 - 2025 (USD Million)
4. Global hair removal ready-to-use wax strips market estimates and forecast, 2015 - 2025 (USD Million)
5. Global hair removal epilators market estimates and forecast, 2015 - 2025 (USD Million)
6. Global hair removal razors market estimates and forecast, 2015 - 2025 (USD Million)
7. Global hair removal products market estimates and forecast for men, 2015 - 2025 (USD Million)
8. Global hair removal products market estimates and forecast for women, 2015 - 2025 (USD Million)
9. Global hair removal products market estimates and forecast by supermarkets & hypermarkets, 2015 - 2025 (USD Million)
10. Global hair removal products market estimates and forecast by drugstores, 2015 - 2025 (USD Million)
11. Global hair removal products market estimates and forecast by convenience stores, 2015 - 2025 (USD Million)
12. Global hair removal products market estimates and forecast by online, 2015 - 2025 (USD Million)
13. North America hair removal products market estimates and forecast, 2015 - 2025 (USD Million)
14. North America hair removal products market revenue estimates and forecast by type, 2015 - 2025 (USD Million)
15. North America hair removal products market revenue estimates and forecast by end user, 2015 - 2025 (USD Million)
16. North America hair removal products market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
17. U.S. hair removal products market estimates and forecast, 2015 - 2025 (USD Million)
18. U.S. hair removal products market revenue estimates and forecast by type, 2015 - 2025 (USD Million)
19. U.S. hair removal products market revenue estimates and forecast by end user, 2015 - 2025 (USD Million)
20. U.S. hair removal products market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
21. Europe hair removal products market estimates and forecast, 2015 - 2025 (USD Million)
22. Europe hair removal products market revenue estimates and forecast by type, 2015 - 2025 (USD Million)
23. Europe hair removal products market revenue estimates and forecast by end user, 2015 - 2025 (USD Million)
24. Europe hair removal products market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
25. Germany hair removal products market estimates and forecast, 2015 - 2025 (USD Million)
26. Germany hair removal products market revenue estimates and forecast by type, 2015 - 2025 (USD Million)
27. Germany hair removal products market revenue estimates and forecast by end user, 2015 - 2025 (USD Million)
28. Germany hair removal products market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
29. U.K. hair removal products market estimates and forecast, 2015 - 2025 (USD Million)
30. U.K. hair removal products market revenue estimates and forecast by type, 2015 - 2025 (USD Million)
31. U.K. hair removal products market revenue estimates and forecast by end user, 2015 - 2025 (USD Million)
32. U.K hair removal products market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
33. APAC hair removal products market estimates and forecast, 2015 - 2025 (USD Million)
34. APAC hair removal products market revenue estimates and forecast by type, 2015 - 2025 (USD Million)
35. APAC hair removal products market revenue estimates and forecast by end user, 2015 - 2025 (USD Million)
36. APAC hair removal products market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
37. India hair removal products market estimates and forecast, 2015 - 2025 (USD Million)
38. India hair removal products market revenue estimates and forecast by type, 2015 - 2025 (USD Million)
39. India hair removal products market revenue estimates and forecast by end user, 2015 - 2025 (USD Million)
40. India hair removal products market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
41. China hair removal products market estimates and forecast, 2015 - 2025 (USD Million)
42. China hair removal products market revenue estimates and forecast by type, 2015 - 2025 (USD Million)
43. China hair removal products market revenue estimates and forecast by end user, 2015 - 2025 (USD Million)
44. China hair removal products market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
45. CSA hair removal products market estimates and forecast, 2015 - 2025 (USD Million)
46. CSA hair removal products market revenue estimates and forecast by type, 2015 - 2025 (USD Million)
47. CSA hair removal products market revenue estimates and forecast by end user, 2015 - 2025 (USD Million)
48. CSA hair removal products market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
49. Brazil hair removal products market estimates and forecast, 2015 - 2025 (USD Million)
50. Brazil hair removal products market revenue estimates and forecast by type, 2015 - 2025 (USD Million)
51. Brazil hair removal products market revenue estimates and forecast by end user, 2015 - 2025 (USD Million)
52. Brazil hair removal products market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
53. MEA hair removal products market estimates and forecast, 2015 - 2025 (USD Million)
54. MEA hair removal products market revenue estimates and forecast by type, 2015 - 2025 (USD Million)
55. MEA hair removal products market revenue estimates and forecast by end user, 2015 - 2025 (USD Million)
56. MEA hair removal products market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
57. Vendor landscape

List of Figures

1. Hair removal products market snapshot 
2. Hair removal products market segmentation & scope
3. Hair removal products market penetration & growth prospect mapping
4. Hair removal products value chain analysis
5. Hair removal products market dynamics
6. Hair removal products market Porter's analysis 
7. Hair removal products market: Type movement analysis 
8. Hair removal products market: End User movement analysis 
9. Hair removal products market: Distribution Channel movement analysis 
10. Hair removal products market: Regional movement analysis