The Business Research Company has updated all its market reports with the latest information for the year 2024, projecting trends and forecasts until 2033
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LONDON, GREATER LONDON, UNITED KINGDOM, September 18, 2024 /EINPresswire.com/ — The beard care products market has experienced robust growth in recent years, expanding from $15.05 billion in 2023 to $16.08 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increased emphasis on personal care and hygiene, increased focus on personal care and grooming among men, expansion of online retail channels, growth in social media influence, and rising interest in beard grooming kits.
What Is The Estimated Market Size Of The Global Beard Care Products Market And Its Annual Growth Rate?
The beard care products market is projected to continue its strong growth, reaching $15.05 billion in 2023 to $16.08 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increased emphasis on personal care and hygiene, increased focus on personal care and grooming among men, expansion of online retail channels, growth in social media influence, and rising interest in beard grooming kits.
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Growth Driver Of The Beard Care Products Market
The growing awareness of personal grooming is expected to propel the growth of the beard care products market going forward. The cultural shift towards self-care and the desire to maintain a polished appearance for professional and personal reasons have contributed to the personal grooming market. Beard care products are essential in personal grooming as they help keep the health and appearance of facial hair. These products, such as beard oils, balms, and conditioners, hydrate and soften the beard, reducing itchiness and dryness. It also promotes healthy beard growth and prevent dandruff and split ends.
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Which Market Players Are Steering The Beard Care Products Market Growth?
Key players in the beard care products market include Unilever PLC, Edgewell Personal Care, Liberty Premium Grooming Co, L’Oreal S.A., Jack Black, Scotch Porter, Cremo Styling, Beardbrand, Texas Beard Company, Proraso, Murdock London, The Man Company, The Bearded Bastard LLC., Smoky Mountain Beard Co., Badass Beard Care, Zeus Beard Products, Honest Amish, Wild Willies, Percy Nobleman, Billy Jealousy, Mr Natty, Revlon Inc.
What Are The Key Trends That Influence Beard Care Products Market Size?
Major companies operating in the beard care products market are focused on developing high-end quality beard oil to differentiate themselves and cater to the growing demand for high-quality grooming solutions. High-end beard oil is a premium-quality grooming product designed to nourish, soften, and condition facial hair and the skin beneath it.
How Is The Global Beard Care Products Market Segmented?
1) By Type: Beard Wash, Beard Oil, Beard Wax, Other Types
2) By Category: Conventional, Organic
3) By Distribution Channel: Store-Based, Super markets And Hyper markets, Convenience Stores, Specialty Stores, Non-Store Based, Other Distribution Channels
Geographical Insights: Europe Leading The Beard Care Products Market
Europe was the largest region in the beard care products market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the beard care products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Beard Care Products Market Definition
Beard care products refer to a range of grooming and maintenance items specifically designed to promote the health, appearance, and manageability of facial hair, particularly beards. Beard care products contain vitamins and nutrients that promote healthier, fuller beard growth. Moisturizing elements in beard care products also ease the discomfort and irritation of beard growth.
Beard Care Products Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global beard care products market report covering trends, opportunities, strategies, and more
The Beard Care Products Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on beard care products market size, beard care products market drivers and trends, beard care products market major players, beard care products competitors’ revenues, beard care products market positioning, and beard care products market growth across geographies. The beard care products market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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Originally published at https://www.einpresswire.com/article/744385137/beard-care-products-market-growth-analysis-with-investment-opportunities-for-2024-2033