Market Overview:
The global depilatory product market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hair removal products among women and men, and the growing awareness about the benefits of using these products. In terms of type, cream-based depilatories are expected to dominate the market during the forecast period, followed by waxes and wax strips. In terms of application, women are expected to account for a larger share of the global depilatory product market than men during the forecast period. North America is estimated to be one of the leading markets for depilatory products in 2018, followed by Europe and Asia Pacific.
Product Definition:
A depilatory product is a substance that removes hair from the skin. It is applied to the skin, allowed to work for a few minutes, and then rinsed off. Depilatory products are important because they are a quick and easy way to remove hair from the body.
Creams:
Creams are used for removing hair from the skin. It is available in various forms such as gels, creams, lotions and foams. The growth factor that propels the market is rising demand for hair removal products due to increasing awareness about beauty among women and men. Also, growing consciousness regarding personal grooming among adults has led to an increase in demand for depilatory products which thereby fuels the growth of cream’s market globally.
Waxes:
Waxes are a group of organic compounds that are solid at room temperature. They can be classified as natural wax and synthetic wax. The most commonly used natural wax is paraffin, whereas the most widely used synthetic one is polyethylene (PE) or polypropylene (PP). There are many types of products available in the market under different brand names such as Microcrystalline Wax, Soy Wax, Candelilla Wax and Tallow Oil among others.
Application Insights:
The women application segment led the global depilatory product market in 2017. The growth of this segment can be attributed to increasing number of women participation in sports and fitness activities. As a result, there has been growing demand for hair removal creams and gels for use on the skin areas that come into contact with sports clothes or tight fitting T-shirts. These products are also used by pregnant women to remove unwanted body hair after childbirth.
Men application is expected to grow at a significant rate over the forecast period owing to rising awareness about male grooming among working class adults in emerging economies including China, India and Brazil. In addition, high prevalence of male pattern baldness is anticipated to boost demand for men¢â‚¬â„¢s depilation products over the forecast period as consumers seek remedies for temporary hair restoration during special occasions like marriage ceremonies or job interviews.
Regional Analysis:
Europe dominated the global depilatory product market in 2017. The presence of well-established beauty and personal care manufacturers, along with high spending power of consumers, is expected to be major driving factors for the regional market over the forecast period. In addition, increasing demand for waxing services due to rising cases of cellulite is anticipated to fuel growth in Europe.
Asia Pacific region is projected to witness significant growth during the forecast period owing to rapid urbanization and growing population especially in China and India. Growing awareness regarding hair removal techniques among men as well as women has been a key factor contributing towards regional growth over past few years.
Growth Factors:
- Increasing demand for hair-free skin: The global depilatory product market is expected to grow at a CAGR of 5.5% from 2016 to 2021, owing to the increasing demand for hair-free skin among both men and women. This is mainly due to the growing awareness about the various benefits of hair-free skin, such as improved hygiene and reduced risk of infection.
- Rising disposable income: Another key growth driver for the global depilatory product market is rising disposable income, which has led to an increase in spending on personal care products such as depilatory products. In addition, a growing number of women are opting for professional hair removal services, thereby driving the growth of the depilatory product market.
- Growing popularity of natural ingredients: A major trend that is currently shaping the global depilatory product market is the increasing popularity of natural ingredients among consumers worldwide. This shift towards using natural ingredients in personal care products has been driven by concerns about synthetic chemicals and their potential health risks posed to consumers over time use thereof . Some key players in this space are launching new products that contain all-natural ingredients, which is likely to boost sales in this segment over time . 4) Technological advancements: Depilation technologies have evolved significantly over time with advent if newer technologies such as laser technology and intense pulsed light (IPL). These technological advancements have helped improve efficacy levelsofdepilation treatments while reducing associated side effectssuch
Scope Of The Report
Report Attributes
Report Details
Report Title
Depilatory Product Market Research Report
By Type
Creams, Waxes, Wax Strips, Razors, Electronic Hair Removal
By Application
Women, Men
By Companies
Church and Dwight (US), American International Industries (US), L'Oreal (France), Nad's (US), Procter & Gamble (US), Reckitt Benckiser (UK), Edgewell Personal Care (US), Jolen (US), Coloris (Poland), Kera-Ban Wax (US), Church and Dwight (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Depilatory Product Market Report Segments:
The global Depilatory Product market is segmented on the basis of:
Types
Creams, Waxes, Wax Strips, Razors, Electronic Hair Removal
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Women, Men
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Church and Dwight (US)
- American International Industries (US)
- L'Oreal (France)
- Nad's (US)
- Procter & Gamble (US)
- Reckitt Benckiser (UK)
- Edgewell Personal Care (US)
- Jolen (US)
- Coloris (Poland)
- Kera-Ban Wax (US)
- Church and Dwight (US)
Highlights of The Depilatory Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Creams
- Waxes
- Wax Strips
- Razors
- Electronic Hair Removal
- By Application:
- Women
- Men
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Depilatory Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A depilatory product is a chemical that removes hair from the skin.
Some of the major companies in the depilatory product market are Church and Dwight (US), American International Industries (US), L'Oreal (France), Nad's (US), Procter & Gamble (US), Reckitt Benckiser (UK), Edgewell Personal Care (US), Jolen (US), Coloris (Poland), Kera-Ban Wax (US), Church and Dwight (US).
The depilatory product market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Depilatory Product Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Depilatory Product Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Depilatory Product Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Depilatory Product Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Depilatory Product Market Size & Forecast, 2020-2028
4.5.1 Depilatory Product Market Size and Y-o-Y Growth
4.5.2 Depilatory Product Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Creams
5.2.2 Waxes
5.2.3 Wax Strips
5.2.4 Razors
5.2.5 Electronic Hair Removal
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Women
6.2.2 Men
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Depilatory Product Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Depilatory Product Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Creams
9.6.2 Waxes
9.6.3 Wax Strips
9.6.4 Razors
9.6.5 Electronic Hair Removal
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Women
9.10.2 Men
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Creams
10.6.2 Waxes
10.6.3 Wax Strips
10.6.4 Razors
10.6.5 Electronic Hair Removal
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Women
10.10.2 Men
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Creams
11.6.2 Waxes
11.6.3 Wax Strips
11.6.4 Razors
11.6.5 Electronic Hair Removal
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Women
11.10.2 Men
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Creams
12.6.2 Waxes
12.6.3 Wax Strips
12.6.4 Razors
12.6.5 Electronic Hair Removal
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Women
12.10.2 Men
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Creams
13.6.2 Waxes
13.6.3 Wax Strips
13.6.4 Razors
13.6.5 Electronic Hair Removal
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Women
13.10.2 Men
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Depilatory Product Market: Competitive Dashboard
14.2 Global Depilatory Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Church and Dwight (US)
14.3.2 American International Industries (US)
14.3.3 L'Oreal (France)
14.3.4 Nad's (US)
14.3.5 Procter & Gamble (US)
14.3.6 Reckitt Benckiser (UK)
14.3.7 Edgewell Personal Care (US)
14.3.8 Jolen (US)
14.3.9 Coloris (Poland)
14.3.10 Kera-Ban Wax (US)
14.3.11 Church and Dwight (US)
