the global men’s intimate products market shall register a double-digit CAGR over the forecast period from 2020 to 2030. However, While being tough is still lauded as the primary masculine attribute, being well groomed has surmounted this trend. Based on these factors, manufacturing shortfalls occurring due to supply chain disruptions due to COVID-19 may hinder growth prospects across the near-term. Gender roles have undergone a paradigm shift since the past several decades. As generations progress, existing notions about personal care and hygiene are transforming simultaneously. Masculinity is no longer confined to the idea of mere toughness or muscle building, in the same way as femininity is no longer confined to beautification or docility.
In the present era of environmental changes and elevated pollution levels, intimate hygiene is a top priority of all consumers, irrespective of one’s gender. Lack of proper hygiene is a major cause of several skin ailments and fungal or other pathogenic infections. To avoid this, spending on intimate hygiene has increased.
Global Men’s Intimate Care Products Market- Key Takeaways
- Increasing emphasis on digital marketing is anticipated to bolster the men’s intimate care products market, attributed to a large online customer base;
- East Asia emerges as the kingpin in the men’s intimate care products market, attributed to a strong market presence of prominent players in the region; South Asia shall emerge as a lucrative hub due to changing cultural perceptions;
- Shaving care, wipes and creams/moisturizers are expected to sell like hot cakes, attributed to the fact that a majority of the men spend on skincare;
- A CAGR of more than 10% is predicted for the men’s intimate care products market during the forecast period.
Request Sample PDF Brochure:
https://www.futuremarketinsights.com/reports/sample/rep-gb-11621
Global Men’s Intimate Care Products Market- Key Driving Factors
- Market players are increasingly recruiting male celebrities to expand their product outreach to potential customers and stimulate greater demand.
- Expenditure on innovative marketing strategies and awareness campaigns regarding the importance of maintaining intimate hygiene are leveraging the men’s intimate care products market.
- Specific male grooming clubs and salons are becoming commonplace, driving market demand for male cosmetics and skin care products.
Global Men’s Intimate Care Products Market- Key Restraints
- Although cultural perceptions have changed, several countries still frown upon on the idea of men’s intimate care products owing to the prevalence of conservative notions of masculinity, restricting market penetration.
- Limited shelf space for male care products due to limited production is hindering the growth prospects of men’s intimate care products market.
Anticipated Impact of the COVID-19 Pandemic
The coronavirus pandemic has leveraged the usage of personal hygiene products. This is in the wake of maintaining a clean, safe and sterile environment in order to contain the spread of the deadly pathogens. Basic hygienic practices such as hand washing and sanitizing and frequent bathing to remove any pathogens attached to the body have become commonplace.
This new awareness has also uplifted the demand for specific personal care products. Demand for products such as intimate wash for skin care, creams and moisturizers have registered an uptick throughout the duration of the pandemic. However, supply chain disruptions have generated shortfalls in the demand-supply equations as manufacturing units have been operating at reduced capacities, resulting in restricted output.
However, with several countries easing lockdown restrictions, factories are reverting to their normal capacity, bridging the demand-supply gap. Moreover, digital marketing has taken precedence over traditional marketing, allowing vendors to reach a wider customer base. Online shopping platforms such as Amazon and eBay have provided a hot bed for the sales of men’s intimate care products.
Additionally, growing e-commerce platforms will provide a greater level of comfort while purchasing these products. Thus, while the short-run projections may stunt growth, the overall forecast for the men’s intimate care products market is slated to remain positive in the future.
Competition Landscape
The global men’s intimate care products market is characterized by the presence of a plethora of vendors, making the market quite fragmented. Domestically, a host of new players are entering the market. Some prominent players include, but are not limited to L’Oréal S.A., Reckitt and Benckiser, Colgate Palmolive, Procter and Gamble, Church & Dwight, Godrej Industries, Coty Inc., and Natura & Co., among others. Product launches, celebrity endorsements, digital marketing, promotional activities and research & development provide firm foundations for a robust market presence. For instance, L’Oréal S.A. signed up the famous James Bond actor Pierce Brosnan as the company’s male care products brand ambassador since 2008. Due to this, the market penetration of men care products has increased markedly.
Inquire Before Buying Research Report:
https://www.futuremarketinsights.com/askus/rep-gb-11621
Market Segmentation
The global men’s intimate care products market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Product
- Washes
- Wipes
- Antiperspirants
- Creams/Moisturizers
- Shaving Care
- Others
Nature
- Organic
- Conventional
Sales Channel
- Hypermarkets/Supermarkets
- Specialty Stores
- Independent Small Stores
- Departmental Stores
- Online Retailers
- Other Sales Channel
Packaging
- Aerosol
- stick
- Roll-ons
- Bottles
- Tubes
- Others
Price Range
- Premium
- Mid-Range
- Economic
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- MEA
Get Valuable Insights into Men’s Intimate Care Products Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global Men’s Intimate Care Products market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the Men’s Intimate Care Products market based on the product (washes, wipes, antiperspirants, creams/moisturizers, shaving care, and others), packaging (tubes, bottles, roll on, sticks, aerosol cans and others), nature (organic, and conventional), and sales channel (departmental stores, direct sales, online stores, mono brand stores, drug stores, convenience stores, others) across seven major regions.
Read Related Reports:
https://worldmarketinsight.wordpress.com/2022/05/11/u-s-and-canada-hot-food-vending-machine-market-key-players-end-user-demand-and-consumption-by-2031/
https://medium.com/@akshay.shinde.vu/u-s-and-canada-hot-food-vending-machine-market-2022-outlook-current-and-future-industry-landscape-53962f1191ee
https://www.patreon.com/posts/u-s-and-canada-66263275?utm_medium=clipboard_copy&utm_source=copy_to_clipboard&utm_campaign=postshare
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact Us:
Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
LinkedIn| Twitter| Blogs