Global Male Toiletries Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Male Toiletries Market” is the title of a market research report offering by MarketResearch.biz. Key factors have been considered and analyzed thoroughly to present vital data and accurate information in the report. Revenue shares of each segment, region, and country have been included along with their revenue growth driving factors, restraints, as well as opportunities in untapped economies. Detailed information about the key players has been presented in the report as well as recent developments, strategies, acquisitions & mergers, are included. The global male toiletries market is segmented by product type, distribution channel, and regions/countries.
Global Male Toiletries Market: Overview
Male toiletries are a range of products for men used in the upkeep or the maintainence of personal hygiene and cleansing purposes. A list of male toiletries usually include shampoo, soap, toothbrush, toothpaste, shaving kit including cream/gel, comb and razor, deodorant, etc. The number of products available under the male toiletries segment is constantly expanding owing to a change of lifestyles. Products such as facial cleansers, anti-aging creams, sunscreens and exfoliators are now also being included in this list.
Global Male Toiletries Market: Dynamics
Drivers: Changing urban lifestyles and evolving fashion trends are leading factors that are driving the demand for various products that cater to the needs of many men today. A growing awareness of the need for adequate personal hygiene and an evolving sense of fashion is producing metrosexual men, who on average, spend a considerable amount of money and time on personal grooming. This change of grooming traditions and patterns adopted by men in recent times is increasing the demand for a variety of products. Companies are, therefore, launching beauty products for men such as fairness creams, styling gel, wax, sunscreens, moisturizers, etc. Various marketing strategies have been adopted by companies that include celebrity endorsements, social media promotions, television advertisements, etc. to increase product visibility and subscribers of products such as these. The increase in the number of salons for men has also contributed to the growth of the global male toiletries market. Increasing internet penetration, especially in remote areas, as well as a growing level of disposable incomes are among the other factors that will surge the growth of this market.
Restraints: Factors that are expected to restrain market growth are the lack of awareness of evolving traditions and lifestyles, especially, in underdeveloped regions as well as the lack of proper knowledge with respect to product usage.
Global Male Toiletries Market: Segmentation
By Product: Among the product segments, the skincare segment is projected to account for a majority of the market’s revenue share, due to an increased usage of cosmetic products such as anti-aging creams, skin-lightning creams, beard wash, exfoliators, etc.
By Distribution Channel: With regards to the distribution channel segment, the health & beauty store segment is projected to index the highest market revenue share. This is due to them being able to offer convenience to their consumers, in terms of, a better shelf display, a wide variety of brands and an increased number of discount offers.
Global Male Toiletries Market Regional Analysis:
The market in Europe is expected to dominate the global market during the forecast period due to the growing usage of cosmetics and personal care products. Markets in countries such as Germany, Italy, the UK, Spain and France are major revenue contributors in this region.
The market in North America is projected to account for the second-highest revenue share of the market.
The Asia Pacific market is projected to continue to be the fastest-growing market and is expected to index a high compounded annual growth rate (CAGR) over the forecast period. Currently, China, India, South Korea, and Australia are major revenue contributors in the region.
Global Male Toiletries Market Segmentation Analysis:
By Product Type:
- Skincare products
- Haircare products
By Distribution Channel
- Grocery retailers
- Health and Beauty stores
- Department stores
- Online retailers
- 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
Estimated Year 2020 Actual Year 2021 Forecast Period 2021–2030 Revenue in US$
- L'Oréal SA
- Estée Lauder Inc.
- Procter & Gamble
- Shiseido Co., Ltd.
- Johnson & Johnson
- The Hut.com Ltd.
- COTY Inc.
- Molton Brown
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