DUBLIN–(BUSINESS WIRE)–The “Beard Grooming Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s providing.
The international beard grooming merchandise market exhibited reasonable development throughout 2015-2020. Looking ahead, the writer expects the market to develop at a CAGR of round 5% throughout the forecast interval (2021-2026).
Beard grooming merchandise refer to numerous facial hair development and upkeep merchandise. They are primarily used for brushing, controlling and selling the wholesome development of beard and filling patches of skinny facial hair. Beard development is a genetically pushed course of and is impacted by the degrees of testosterone and dihydrotestosterone (DHT) current within the physique.
Increased Awareness amongst Men for Personal Grooming Creating a Positive Outlook for the Market
With speedy urbanization and evolving fashion statements throughout the globe, there may be an rising consciousness amongst shoppers, particularly males, for private grooming. This represents one of many major elements driving the market development. Over the years, males have change into extra aware concerning their appears and appearances and consequently, they’re investing in excessive-high quality attire, indulging in bodily actions to look a lot leaner and fitter and utilizing modern grooming merchandise. Wearing a beard appears to elevate confidence in males and supplies them with a extra mature look. In order to obtain this, shoppers are utilizing modern beard grooming merchandise, similar to shavers and razors which can be outfitted with fundamental to superior styling options. They are additionally utilizing oils, shampoos, gels and moisturizers to clear, brush and keep the general look of the beard.
Shifting Preference Toward Organic Product Variants to Favor the Market Growth
With the rising consciousness concerning the dangers related to using artificial chemical compounds and synthetic elements in private care merchandise, beard grooming product producers are more and more utilizing natural and pure uncooked materials for the manufacturing of oils, shampoos and beard softeners. They are using plant extracts, important oils and natural elements, similar to argan, jojoba, almond, castor, avocado and coconut oil, aloe vera gel and espresso extracts. These pure elements reduce the dangers of creating allergic reactions on the pores and skin that may trigger rashes, itching or bleeding. They additionally help in enhancing the feel, smoothening and enhancing the sheen of the facial hair.
Proliferation of Social Media Platforms and Premiumization of Products Contributing to the Market Growth
The market is additional pushed by the aggressive promotional actions by product producers on numerous social media platforms. They are adopting extremely efficient digital advertising and marketing methods to promote their manufacturers and merchandise. In line with this, millennials and technology X (Gen X) are thought-about to be among the many largest shoppers of beard grooming merchandise and are extremely influenced by the social media personalities. Product distributors are utilizing modern advertising and marketing methods to promote these merchandise by means of influential celebrities and sports activities personalities to attain and appeal to a broader shopper base. They are additionally using aesthetically interesting and modern packaging options to seize the eye of their target market and present them with an genuine and luxurious expertise by means of excessive-high quality and premium merchandise. Furthermore, the event of on-line retail platforms and environment friendly supply methods have additionally favored the market development. These companies have enabled shoppers to place orders by means of their smartphones and laptops within the comfort of their houses. Moreover, in addition they enable product producers and distributors to attain the shoppers current in distant areas.
The Famous Beard Oil Company
The Man Company
The Bearded Bastard
Texas Beard Company
Smoky Mountain Beard Co.
Key Questions Answered in This Report:
How has the worldwide beard grooming merchandise market carried out thus far and how will it carry out within the coming years?
What are the important thing regional markets?
What has been the influence of COVID-19 on the worldwide beard grooming merchandise market?
What is the breakup of the market based mostly on the product?
What is the breakup of the market based mostly on the kind?
What is the breakup of the market based mostly on the age group?
What is the breakup of the market based mostly on the distribution channel?
What is the breakup of the market based mostly on the top-consumer?
What are the assorted phases within the worth chain of the business?
What are the important thing driving elements and challenges out there?
What is the construction of the worldwide beard grooming merchandise market and who’re the important thing gamers?
What is the diploma of competitors out there?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Beard Grooming Products Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact Of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
7 Market Breakup by Type
8 Market Breakup by Age Group
9 Market Breakup by Distribution Channel
10 Market Breakup by End-User
10.1.1 Market Trends
10.1.2 Market Forecast
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Region
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For extra details about this report go to https://www.researchandmarkets.com/r/mpc0at