The report forecasts the global depilatory products market to grow at a CAGR of 6.05% during the period 2016-2020.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Commenting on the report, an analyst from the research team said: A key trend propelling market growth is the emphasis on personal grooming and hygiene. Growing emphasis on personal grooming and hygiene will drive the market for depilatory products over the next five years. In the US, a woman spends an average of $45 per month on beauty products. The Hispanics form a major part of the beauty industry. In 2015, this population segment spent over 3% more on shaving products than it did in 2014. Similarly, spending by this group on personal care products increased by over 4% from that of 2014. In key developing markets like India, demand for personal care products has grown rapidly over the last few years. The volume sales of shavers/groomers increased by over 50% in 2013 compared to 2012.
According to the report, a key growth driver is the rising demand for DIY hair removal methods. Preference for salons is declining, particularly for regular use, with people increasingly preferring cost-effective DIY methods of removal of unwanted hair. Hair removal creams have gained considerable popularity over the last few years, with many of them offering moisturized and smooth skin with slower and reduced hair growth. DIY kits are also available to cater to the requirements of on-the-go customers.
- American International Industries
- Church & Dwight
- Procter & Gamble
- Reckitt Benckiser
- Edgewell Personal Care
- Vi-John Group
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global profile
PART 06: Methods of hair removal
PART 07: Market landscape
PART 08: Market segmentation by product
PART 09: Geographical segmentation
PART 10: Key leading countries
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Appendix
PART 18: About the Author
For more information visit http://www.researchandmarkets.com/research/fx47hs/global_depilatory
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SOURCE Research and Markets