Feb 9, 2024   SOURCE: BusinessWire

Male Toiletries Global Industry Report 2024: Market to Reach $34.91 Billion by 2028 with Industry Leaders Focusing on High-Performance and Multifunctional Toiletries - Long-term Forecast to 2033 - ResearchAndMarkets.com

The "Male Toiletries Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.

Global Male Toiletries Market Report 2024 presents an in-depth analysis of the dynamic growth in the male grooming industry and emerging trends shaping the marketplace. The report underscores the rising demand in sectors such as skincare and hygiene products catered specifically for men and spotlights geographic regions charting exceptional expansion.

The male toiletries sector, which includes a diverse array of products like deodorants, shaving essentials, skincare, and haircare items, has been experiencing an impressive surge in growth. The report states that the market size is projected to grow from $26.29 billion in 2023 to $27.78 billion in 2024 with a robust compound annual growth rate (CAGR) of 5.7%.

Anticipating an even stronger momentum, the market size is predicted to reach $34.91 billion by 2028, growing at a CAGR of 5.9%. Factors such as personalized grooming trends, advancements in men's skincare, and the rising inclination toward natural and organic ingredients are catalyzing this growth. The trend analysis also indicates a promising uptake in travel-ready products, a sustained shift towards sustainable practices, and burgeoning interest in smart grooming technology.

Driven by global population increases and significant consumer behavior transformations towards online shopping, the market is undergoing remarkable shifts. The convenience, access, and variety offered by e-commerce platforms are influencing male consumer purchasing patterns and propelling market expansion. With e-commerce sales up by 7.5% in the second quarter of 2023, its impact on the male toiletries sector is unequivocal.

Industry leaders are showing agility by focusing on high-performance and multifunctional toiletries in response to modern male consumers' discerning preferences, with recent launches of innovative product lines being highlighted. These expansions within the sector are punctuated by strategic activities like mergers and acquisitions which are reshaping the competitive landscape.

This comprehensive market report analyzes the success strategies and market shares of global giants in the male toiletries space. Furthermore, it provides a panoramic view of the current state and prospective horizons of the market, with keen insights into the sales of skincare products such as face washes, sunscreens, and facial scrubs.

  • North America's dominance in the market
  • The rapid growth trajectory for the Asia-Pacific region
  • Country-specific analyses including Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA

The detailed review of the global male toiletries market assures stakeholders an unparalleled understanding of market trends, regional dynamics, and competitive benchmarks with an emphasis on the evolving demands and opportunities in the male grooming industry.

A selection of companies mentioned in this report includes

  • Beiersdorf AG
  • L'Oréal S.A.
  • The Procter & Gamble Company
  • Shiseido Company Limited
  • The Estée Lauder Companies Inc.
  • Coty Inc.
  • Molton Brown Limited
  • Vi-John Group
  • Unilever plc
  • Edgewell Personal Care
  • Koninklijke Philips N.V.
  • Natura & Co.
  • Colgate-Palmolive Company
  • Johnson & Johnson
  • The Hut.com Ltd.
  • Brickell Brands LLC
  • The Hut.com Limited
  • Baxter of California LLC
  • Bulldog Skincare Limited
  • Harry's Inc.
  • Jack Black LLC
  • Aramis Inc.
  • Malin+Goetz LLC
  • Menaji Worldwide LLC
  • Men's Society Limited
  • Murdock London Limited
  • Neville Limited
  • Proraso S.r.l.
  • Recipe for Men AB
  • Taylor of Old Bond Street Limited
  • The Art of Shaving LLC
  • Truefitt & Hill Limited
  • Uppercut Deluxe Pty. Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/mn1i2g

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