Global Beard Care Products Market, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Beard Care Products Market” is the title of an upcoming report, that is currently in the process of study and analysis at MarketResearch.biz. Several factors have been analyzed in terms of study, research, and presentation of our findings on the global beard care products market. Various critical data and information such as market growth, driving factors, key trends, restraints, threats, and potential revenue opportunities in countries and regions are to be presented. In addition, various information on key players in the global market is included in the report. The factors such as recent developments, opportunities, and strategies are also discussed in detail in the report. The global beard care products market is segmented based on product, distribution channel, and region.
Beard care products hydrate the skin and help to tame and soften beard hair. As a styling agent, beard care products protect beard from being flaky, dusty, and shaggy. Demand for organic and natural beard care products has been growing significantly due to increasing awareness about hair, skin, and other health-related problems as a result of using synthetic beard care products. Organic beard care products are made of organic and natural ingredients such as plant extracts, natural oils and other ingredients such as coconut oil, charcoal, avocado oil, and aloe Vera among others. In addition, natural and organic beard care products maintain and adhere to various high standards of purity, which are set by governing bodies of each country. These factors are expected to drive demand for beard care products in the global beard care products market. As demand for the product is growing, competition between the key players is also increasing and new manufacturers are emerging every year.
Changing lifestyles and rapid urbanization are the major factors expected to drive demand for beard care products in the global beard care products market during the forecast period. In addition, an increasing global target population is projected to further drive demand for beard care products in the global beard care products market during the forecast period. Among some of the factors driving demand for beard care products is growing awareness among men about personal grooming, impact of digital marketing, social media, and celebrity endorsements. In addition, beard care products are achieving significant traction in sectors such as personal grooming, which is also expected to drive growth of the global beard care products market. Due to advancement of technology and endorsement of celebrities, consumers have been becoming more fashion-conscious and adopt the products and trends promoted or used by celebrities. Due to changing lifestyles and consumer demographics, beauty and personal care products have been gaining high demand. In addition, demand for beard grooming products is attributed to men becoming beauty conscious along with women. Beard has become a style statement and has been gaining increased popularity and is projected to drive demand for beard products in the global beard products market. Owing to increasing awareness and advertisements offline and online, demand for beard care products is projected to increase further in the global beard care products market during the forecast period. However, side effects from a few unknown brands of the products are major restraints in increasing demand in the global beard care products market.
Global Beard Care Products Market Segment Analysis:
By Product: Among the product segments, the beard oil segment accounts for major revenue share as compared to other segments such as Wax & Cream and shampoo & conditioner. It is attributed to an increasing trend of growing beard and oil is a necessary item to keep it moisturized.
Distribution Channel: The Supermarkets & Hypermarkets among the distribution channel segments are expected to account for highest revenue share in the global beard care products market, and the trend is projected to continue over the forecast period.
Global Beard Care Products Market Regional Analysis:
The market in the Europe region is projected to maintain its dominance in terms of revenue share, which is attributed to rising beauty consciousness among men in the region. This growth is also attributed to the increasing fashion of growing beard in this region. However, the Asia Pacific market is expected to be fastest growing in the global beard care products market.
Global Beard Care Products Market Segmentation:
- Wax & Cream
- Beard Oil
- Shampoo & Conditioner
By Distribution Channel:
- Supermarkets & Hypermarkets
- Convenience Stores
- 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 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- L’Oreal S.A
- Revlon, Inc.
- Edgewell Personal Care
- The Estée Lauder Companies, Inc.
- Honest Amish
- and Wild Willies
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