The Depilatories Products market refers to the industry that focuses on the manufacturing, distribution, and sale of products designed to remove unwanted body hair. Depilatory products offer temporary hair removal solutions without the need for shaving, waxing, or other more invasive methods. The major driving factors for the Global Depilatories Products Market are rising disposable income and rising consumer awareness. Along with this, the rising cosmetics industry and increasing urbanization and westernization are creating lucrative growth opportunities for the market over the forecast period 2023-2030.
The cosmetics industry plays a vital role in shaping beauty and grooming trends. As people increasingly prioritize personal grooming and body care, the demand for depilatory products has grown. These products offer a convenient and relatively painless method for temporary hair removal, aligning with the preferences of modern consumers. Thus rising cosmetics industry is driving the market growth, For instance, according to Statista, in 2020 the revenue for the cosmetics industry was USD 72,366.20 million which is predicted to increase to USD 1,31,041.20 million in 2026. Along with this, according to The World Bank, the rise in world's net national income per capita is growing over the forecast period. In 2016, the World's Net National Income was calculated to be USD 8,423 which has increased up to USD 9,276 in 2019. However, adverse effects and skin sensitivity of Depilatories Products stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Depilatories Products Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. In North America, the Depilatories Products market is well-established, with a significant presence of market players and high consumer awareness. The market is driven by the growing emphasis on personal grooming, beauty standards, and convenience. The United States and Canada are the major contributors to the market in this region. The Asia Pacific region is witnessing significant growth in the Depilatories Products market due to the increasing disposable income, changing lifestyles, and growing urbanization. Countries such as China, Japan, South Korea, India, and Australia are the major contributors to the market. The market growth is also attributed to the rising beauty consciousness among consumers and the popularity of hair removal treatments.
Major market player included in this report are:
- Procter and Gamble Co.
- Coloris Ltd.
- Loreal S.A
- Reckitt Benckiser Group plc
- Kera-Ban Wax Products
- Jolen Inc.
- American International Industries
- Nads Corporation
- Church and Dwight Co., Inc.
- Edgewell Personal Care
Recent Developments in the Market:
- In March 2022, Nair, the leading hair removal brand in the United States, introduced a new product called Prep & Smooth Face. This innovative one-step formula is specifically designed to assist consumers in removing facial hair effortlessly, while also providing a smooth surface for skincare and makeup application. It is the first face depilatory product that offers additional skincare benefits.
Global Depilatories Products Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Product, End User, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Product:
- Creams
- Waxes
- Wax Strips
- Razors
- Electronic Hair Removal
By End User:
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Depilatories Products Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Depilatories Products Market, by Product, 2020-2030 (USD Billion)
- 1.2.3. Depilatories Products Market, by End User, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Depilatories Products Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Depilatories Products Market Dynamics
- 3.1. Depilatories Products Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing disposable income
- 3.1.1.2. Rising consumer awareness
- 3.1.2. Market Challenges
- 3.1.2.1. Adverse Effects and Skin Sensitivity
- 3.1.2.2. Preference for Natural and Organic Products
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing cosmetics industry
- 3.1.3.2. Increasing Urbanization and Westernization
Chapter 4. Global Depilatories Products Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Depilatories Products Market, by Product
- 5.1. Market Snapshot
- 5.2. Global Depilatories Products Market by Product, Performance - Potential Analysis
- 5.3. Global Depilatories Products Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
- 5.4. Depilatories Products Market, Sub Segment Analysis
- 5.4.1. Creams
- 5.4.2. Waxes
- 5.4.3. Wax Strips
- 5.4.4. Razors
- 5.4.5. Electronic Hair Removal
Chapter 6. Global Depilatories Products Market, by End User
- 6.1. Market Snapshot
- 6.2. Global Depilatories Products Market by End User, Performance - Potential Analysis
- 6.3. Global Depilatories Products Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
- 6.4. Depilatories Products Market, Sub Segment Analysis
Chapter 7. Global Depilatories Products Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Depilatories Products Market, Regional Market Snapshot
- 7.4. North America Depilatories Products Market
- 7.4.1. U.S. Depilatories Products Market
- 7.4.1.1. Product breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. End User breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Depilatories Products Market
- 7.5. Europe Depilatories Products Market Snapshot
- 7.5.1. U.K. Depilatories Products Market
- 7.5.2. Germany Depilatories Products Market
- 7.5.3. France Depilatories Products Market
- 7.5.4. Spain Depilatories Products Market
- 7.5.5. Italy Depilatories Products Market
- 7.5.6. Rest of Europe Depilatories Products Market
- 7.6. Asia-Pacific Depilatories Products Market Snapshot
- 7.6.1. China Depilatories Products Market
- 7.6.2. India Depilatories Products Market
- 7.6.3. Japan Depilatories Products Market
- 7.6.4. Australia Depilatories Products Market
- 7.6.5. South Korea Depilatories Products Market
- 7.6.6. Rest of Asia Pacific Depilatories Products Market
- 7.7. Latin America Depilatories Products Market Snapshot
- 7.7.1. Brazil Depilatories Products Market
- 7.7.2. Mexico Depilatories Products Market
- 7.8. Middle East & Africa Depilatories Products Market
- 7.8.1. Saudi Arabia Depilatories Products Market
- 7.8.2. South Africa Depilatories Products Market
- 7.8.3. Rest of Middle East & Africa Depilatories Products Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Procter and Gamble Co.
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Coloris Ltd.
- 8.3.3. LOreal S.A
- 8.3.4. Reckitt Benckiser Group plc
- 8.3.5. Kera-Ban Wax Products
- 8.3.6. Jolen Inc.
- 8.3.7. American International Industries
- 8.3.8. Nads Corporation
- 8.3.9. Church and Dwight Co., Inc.
- 8.3.10. Edgewell Personal Care
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption