Industry Overview:
According to IMARC Group latest report titled “Asia Pacific Male Grooming Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on Asia Pacific Male Grooming Products market. The Asia Pacific male grooming products market size reached US$ 12.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 18.5 Billion by 2027, exhibiting a growth rate (CAGR) of 6.8% during 2022-2027.
Male grooming products are cosmetic products that help maintain the overall personal hygiene and physical appearance of men. There is a wide variety of products available in the market, ranging from traditional skin and hair care, shaving products and deodorants to sophisticated makeup and cosmetics, such as facial cleansers, face masks, skin whitening solutions and concealers. In India, with the inflating incomes and the growing influence of social media, men are being encouraged to use grooming products.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviour of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The Asia Pacific male grooming products market is primarily driven by the rising consciousness among male consumers about personal wellbeing and appearances. The expanding e-commerce platforms are also prompting individuals to purchase grooming products online as they offer convenience by delivering products at the doorstep. Moreover, several manufacturers are introducing innovative male product lines and variants of their popular products to expand their consumer base across the region. The increasing metrosexual culture is also offering lucrative opportunities to existing and new manufacturers in the region. These factors are anticipated to provide a positive impact on the market in the near future.
Asia Pacific Male Grooming Products Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific male grooming products market report, along with forecasts for growth at the region level from 2022-2027. Our report has categorized the market based on region, product, price range and distribution channel.
Market Breakup by Product:
- Male Toiletries
- Electric Products
- After Shave Lotions
- Others
Market Breakup by Price Range:
- Mass Products
- Premium Products
Market Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Pharmacy Stores
- Online Stores
- Others
Market Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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