Global Shaving Foam Market, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Shaving Foam Market” is a report title, and the target market is currently being tracked and studied at MarketResearch.biz. Data volumes and information regarding the global shaving foam market will be presented in the report. An exhaustive range of parameters and aspects, along with scenarios and factors, are considered to prepare the report. Based on current scenarios, future scenarios and probabilities are examined in detail to conclude and confidently present the report. The report also includes verified information gathered from experts in the field. Exhaustive primary and secondary efforts have been conducted to arrive at intelligent and well-informed conclusions in the report. In addition, the report also provides deep insights into growth factors, restraints, Y-o-Y growth, major trends, and future forecast & opportunities. Operating segments, company details, details of key players, contact details, and geographic footprint are included in the company profile section. The report includes recent developments, mergers, acquisitions, effective strategies, etc. The global shaving foam market is segmented on the basis of product, distribution channel, and region.
Shaving foam is usually produced using a lot of air to create the fluffy texture, and this enables lathering on the skin. Shaving foam or shaving cream is primarily applied to the skin in areas where the intention is to remove unwanted hair. Shaving foam assists the shaving process as it lubricates the area during the cutting process, and some products can also desensitize the skin. The foam usually includes an emulsion of surfactants or soaps, oils, and water. In order to provide an extra and foamy fluffy texture to shaving foam, shaving formulations are normally packed under pressure with a propellant. When the button on top of the container or can is pressed, pressure is released and it causes the expansion of propellant and the formulation rushes to the exit nozzle. In addition, isobutane is used in the formation of foam to provide extra baubles and excessive fluffiness.
Factors such as changing lifestyle, need for additional convenience, and increasing beauty awareness among consumers, both men and women, is driving demand for shaving foam, and thus has been increasing significantly in the global shaving foam market owing to additional factors. Increasing number of small-sized barbershops and growing number of luxury salons are among other major factors projected to drive demand for shaving foam in the global shaving foam market during the forecast period. In addition, increasing visibility and availability online, and discounts and clubbed offers are resulting in rising sales. Addition of ingredients to enhance fragrance and impart other benefits in shaving foam is expected to further drive demand for shaving foam in the global shaving foam market. Among some of the other factors driving demand for shaving foam is the influence of advertisements on digital media, celebrity endorsements, and increasing awareness about beauty care products among men. In addition, demand for shaving foam has increasing in establishment offering personal grooming services, which is also expected to drive growth of the global shaving foam market. Owing to an increasing number of advertisements offline and online, demand for shaving is projected to increase further. In addition, innovations with the assistance of advanced technology are projected to increase demand for shaving foam in the global shaving foam market. However, growing adoption of electric shavers and increasing trend of full beard is projected to prevent growth of demand for shaving foam over the forecast period.
Global Shaving Foam Market Segment Analysis:
By Product: Among the product segments, the conventional segment accounts for major revenue share as compared to the organic segment. This is attributed to traditional inclination of consumers towards conventional products. However, organic segment has been registering fastest growth rate, and this is expected to continue over the forecast period.
Distribution Channel: The offline segment among the distribution channel segments is expected to account for highest revenue share in the global shaving foam market, and the trend is projected to continue over the forecast period. This is attributed to a wide range of products available in supermarkets and other shops, which enables touch-and-feel experience before making a purchase decision.
Global Shaving Foam Market Regional Analysis:
Among the regions, the Europe market is expected to maintain its dominance in terms of revenue share, which is attributed to increasing preference to improve and enhance personal appearance among men in the region. It is also attributed to rising popularity of organic products in the region. The market in Asia Pacific is also expected to register a significantly high sales volume, owing to increasing demand for these products in countries such as India. The North America market is also expected to register significant growth, and growth has reduced to a certain extent owing to a trend of beards gaining traction in countries in the region.
Global Shaving Foam Market Segmentation:
By Distribution Channel:
- 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$
- VI-John Group
- Unilever PLC
- The Procter and Gamble Company
- L'Oréal Group
- Johnson & Johnson
- Estee Lauder Companies, Inc.
- Avon Products, Inc.
- Shiseido Company Limited
- Godrej Group (Godrej Consumer Products Limited)
- The Colgate-Palmolive Company
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