Global Aftershave Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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“Global Aftershave Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global aftershave market report has been segmented on the basis of product type, distribution channel, and region.
Global Aftershave Market: Overview
An aftershave is a product used post shaving and is widely used by men. It available in form of liquid, lotion, balm, gel, and powder. These products are used owing to their ability to prevent infections that may occur while shaving.
Global Aftershave Market: Dynamics
Aftershaves are mainly used as an antiseptic lotion which is used to apply to surface that is shaved. This demand attributed to rising disposable income and changing demographic lifestyles of individuals across the globe. These are major factors expected to fuel growth of the potential market for the aftershave products.
Increasing self-consciousness towards hygiene and grooming among male population across various economies is expected to contribute significant revenue growth of the target market. Further, increasing promotional activities, by various key players in the market, influence aftershaves and colognes sales among male individuals across the globe. This is a factor expected to support growth of the global aftershave market in the near future.
Aftershave manufacturers are currently witnessing an increasing male grooming trend. This inclination of individuals using aftershave products towards physical appearance is a supporting factor which is expected to boost growth of the market in terms of revenue.
In the past, aftershaves products were considered to be niche segment in the global cosmetics market. But from the recent past, these products have emerged as a mainstream segment making way for global aftershave market with the rising consciousness towards looks.
Increasing aftershave product innovation by the cosmetic industry is also expected to augment the global market revenue growth. Aftershave products such as Eau de Toilette and colognes with various product enhancement such as coolants and smell is expected to be another factor that will aid the after shave market with positive impact over the forecast period.
Global Aftershave Market: Segment Analysis
Among the distribution channel segments, the super market segment is expected to dominate in the target market. Increasing preferences among individuals towards purchasing consumer goods from supermarkets is increasing.
The aftershaves segment among the product type segments is projected to anticipate high revenue growth factors in the global market. This segment is primarily due to its ability to act as an antiseptic lotion.
Global Aftershave Market: Region Analysis
The aftershave market in Asia Pacific is expected to contribute highest revenue share and is expected to dominate in the global market. The Asia Pacific countries anticipate high adoption of cosmetics products especially gender specific products. Aftershave products are expected to increase in the Asia Pacific market owing to increasing disposable income, and increasing preferences and growing demand for post-shave products such as aftershaves lotions and others coupled with rapidly increasing urbanization.
The North America aftershave market is primarily driven due to high popularity of male grooming products and rising trend of stubble look in male individuals in counties in this region.
Global Aftershave Market Segmentation:
Segmentation by Product Type:
- Post-shave Cosmetics
Segmentation by Distribution Channel:
- Online Stores
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- L’Oréal S.A
- Hugo Boss AG
- Calvin Klein, Inc.
- Johnson & Johnson
- The Unilever Group
- Crabtree & Evelyn, Ltd.
- The Gillette Company, Inc.
- Tommy Hilfiger Corporation
- Beiersdorf Aktiengesellschaft
- The Procter & Gamble Company (P&G)
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