The global market for pre-shave care is expected to reach US$ 7.9 billion by 2022. The market for pre-shave care products will grow at a 5.3% CAGR, reaching US$ 13.4 billion by 2032. The pre-shave care market accounts for 45 to 48% of the global shaving care market.
The pre-shave care market will be likely to be on the verge of growth with increasing demand for another category in male grooming goods. To satisfy this need, manufacturers have prioritized towards funding R&D as well promotional activities.
The development of numerous male products for grooming including various pre-shave care products is the consequence of changing patterns and trends in men ‘s grooming due to all age groups.
Further, clients are increasingly likely to purchase having aromatherapy, facials, and pedicures. However, with rapid urbanisation and the move towards individualism in a society beginning to increase, sales of pre-shave care products for males is expected to skyrocket.
Gain In-Depth Knowledge with a Report Sample Request: https://www.futuremarketinsights.com/reports/sample/rep-gb-14749
In addition, the market is expanding as a result of the rising popularity of websites that offer products for men’s health and fitness as well as the expansion of publications devoted to men’s grooming and lifestyle.
Key Takeaways:
- Based on product type, sales of pre-shave foam are projected to grow at a 5.6% CAGR over forecast period.
- By nature, demand in the natural segment will increase at a 7.9% CAGR over the forecast period.
- In terms of price range, the mid-range segment will account for 55.6% of the total market share in 2022.
- Based on sales channel, sales in the online segment will grow at a 8.3% CAGR through 2032.
- The U.S. pre-shave care market accounted for 87.9% of the North America market share in 2021.
- Germany held over 25.7% of the Europe pre-shave care market in 2021, and the trend is expected to continue over the forecast period.
- In 2021, India accounted for 37.7% of the South Asia pre-shave care in 2021, emerging as a lucrative pocket in the region.
Competition Landscape
Leading manufacturers of pre-shave care products are focusing on aggressive promotional strategies, advertisements, and new product launches to improve sales in the market.
Major players present in the pre-shave care market are Claus Porto, Edgewell Personal Care Company, L’Oreal SA, Kiehl, Johnson & Johnson, Bold For Men, Energizer Holdings, Inc., Malhotra Shaving Products Ltd, Acqua DI Parma, Beiersdorf AG, Godrej Group and Siemens Healthcare among others.
Global Pre-Shave Care Market by Category
By Product Type:
- Pre-Shave Foam
- Pre-Shave Cream
- Pre-Shave Gel
- Pre-Shave Soap
- Other Pre-Shave Products
By Nature Type:
- Natural/Organic
- Conventional
By Consumer Orientation:
- Men
- Women
By Price Range:
- Low
- Medium
- Premium
By Sales Channel:
- Supermarkets/Hypermarkets
- Specialty Stores
- Multi-Brand Stores
- Salon/Grooming Clubs
- Drug Stores & Pharmacies
- Online Retailers
- Other Sales Channel
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube