Categories: Market Research

Shaving Preparations Market Size, Share, Analysis, Growth, Trends, Industry Report 2023-2032|Procter & Gamble Company, L’Oréal SA, Gillette Company, Johnson & Johnson, Colgate-Palmolive Company,

The Shaving Preparations Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).

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According to The Business Research Company’s Shaving Preparations Global Market Report 2024, The shaving preparations market size has grown rapidly in recent years. It will grow from $0.98 billion in 2023 to $1.09 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to changing grooming trends, razor and blade innovation, consumer education, health and hygiene.

The shaving preparations market size is expected to see rapid growth in the next few years. It will grow to $1.67 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to growth in men’s grooming, natural and organic products, e-commerce and dtc sales, customization and personalization. Major trends in the forecast period include gender-neutral products, sustainable packaging, multi-functional products, shaving subscription services.

The increasing adoption of self-grooming and personal care products is driving the shaving preparations market. Through advertisements and social media blogs, men and women are well aware of how to get rid of body hair and use hair removal products extensively. In addition, the introduction of sensitive razors and shaving creams that are more economical, cause less irritation, soften the beard, make the skin smooth and moisturized, and help reduce cuts while shaving. For instance, according to the estimation based on the data by U.S. Census Bureau, a principal agency of the US Federal Statistical System and Simmons National Consumer Survey (NHCS), a provider of insights on the American consumer, in the USA, in 2020, 2.2 million Americans used shaving cream or gel 14 or more times a week.

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The shaving preparations market covered in this report is segmented

1) By Product Type: Shave Foams; Shaving Creams; Shaving Lotions; Shaving Waxes; Shave Gels

2) By Sales Channel: Beauty and Drug Stores; Branded and Specialty Outlets; Online Retailers; Convenience Stores; Other Retailing Formats

3) By End User: Salons; Personal Use

The shaving preparations market report table of contents includes:

1. Executive Summary

2. Shaving Preparations Market Characteristics

3. Shaving Preparations Market Trends And Strategies

4. Shaving Preparations Market – Macro Economic Scenario

5. Global Shaving Preparations Market Size and Growth