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Anti-Graying Hair & Beard Products Market Analysis

Report ID: GMI10634
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Published Date: August 2024
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Report Format: PDF

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Anti-Graying Hair & Beard Products Market Analysis

Anti-Graying Hair & Beard Products Market Size, By Product Type, 2021 – 2032 (USD Million)

Based on the product type, the market is segmented into anti-graying cream, anti-graying shampoos, anti-graying conditioners, anti-graying oils, and others. In 2023, the anti-graying cream segment accounted for revenue of around USD 45 million and is expected to reach USD 66 million by 2032. Enhanced formulations of anti-graying creams, featuring advanced active ingredients, natural extracts, and personalized blends, are driving product efficacy. These advancements cater to consumers looking for dependable solutions, propelling market expansion. Premium anti-graying creams, crafted with top-tier ingredients and tailored solutions, are gaining traction among consumers who prioritize quality and are willing to invest in superior products. This consumer inclination is a key driver fueling market growth.

 

Anti-Graying Hair & Beard Products Market Revenue Share, By Consumer Group, (2023)

Based on consumer group, the anti-graying hair & beard products market is segmented into men, women, and unisex. In 2023, the men segment emerged dominant, commanding a market share of around 57%, and is expected to reach 58% by 2032. There's a rising significance in male grooming and personal care, with men increasingly investing in products to enhance their appearance. This includes a surge in purchases of anti-aging products tailored for men, such as hair treatments and beard lotions. These specialized solutions cater to the unique needs of men, particularly addressing concerns like coarser, thicker hair associated with aging. As a result, men seeking targeted and effective treatments are gravitating towards these specialized formulations.

 

North America Anti-Graying Hair & Beard Products Market Size, 2021 – 2032, (USD Million)

North America held the largest market share of around 34% in 2023 and is estimated to register a CAGR of around 4.2% between 2024 & 2032. North America's consumer base is not just well-informed but also highly attuned to personal grooming and anti-aging products. The demand for anti-graying solutions stems from a deep-seated understanding of aging signs and a strong emphasis on maintaining one's appearance. In both technological advancements and product development, North America stands at the forefront globally. Companies in this region are particularly adept at formulating innovative blends and incorporating state-of-the-art ingredients into their anti-aging offerings, thus driving market growth.

 

The U.S. dominated the North American anti-graying hair & beard products market with revenue of over USD 46 million in 2023 and is expected to grow at a CAGR of 4.4% during the forecast period. The U.S. boasts a vast and informed consumer base, particularly savvy about personal grooming and anti-aging solutions. Given this, there's a notable demand for anti-graying products. Moreover, being a marketing and media hub, the U.S. wields substantial influence over consumer preferences. Notably, endorsements by celebrities, social media campaigns, and adept marketing strategies further fuel the demand for anti-aging products.

 

Germany dominated the Europe anti-graying hair & beard products market share of around 24% in 2023 and is expected to grow at a CAGR of 4.4% from 2024 to 2032. Germany's affluent consumer base, bolstered by high disposable incomes, gravitates towards premium grooming products. This trend is further fueled by a robust economy, prompting a rising demand for pricier anti-aging creams and treatments. Notably, Germany stands out for its pioneering research and inventive strides in the personal care domain. Local enterprises are at the forefront, crafting advanced anti-aging formulations that blend top-tier ingredients with cutting-edge technology. By continually offering consumers sophisticated and effective solutions, these innovations drive the market's growth.

 

China dominated the Asia Pacific anti-graying hair & beard products market share of around 33% in 2023 and is expected to grow at a CAGR of 4.1% from 2024 to 2032. China's aging demographic is fueling a surge in demand for anti-aging solutions. As more individuals seek to combat or reverse the effects of graying hair and beards, the market for these products expands. Concurrently, China's rapid urbanization is enhancing consumer awareness and broadening the availability of personal care products.

 

Urban consumers are increasingly gravitating towards grooming products, especially those tailored for managing graying hair and beards. This surge in anti-aging offerings is further bolstered by the exponential rise of e-commerce in China. Online platforms are pivotal, simplifying access to a diverse array of brands and products, thereby amplifying market reach.

Authors: Avinash Singh, Sunita Singh
Frequently Asked Question(FAQ) :
Why is the anti-graying hair & beard products industry booming in North America?
North America anti-graying hair & beard products market held 34% revenue share in 2023 due to informed consumer base, emphasis on grooming, and advanced innovations in anti-graying products.
Who are the leading anti-graying hair & beard products industry players?
Why is the demand for anti-graying hair & beard products rising for men?
What is the size of the anti-graying hair & beard products market?

Report Content

Chapter 1   Methodology & Scope

1.1    Market scope & definitions

1.2    Research design

1.2.1    Research approach

1.2.2    Data collection methods

1.3    Base estimates & calculations

1.3.1    Base year calculation

1.3.2    Key trends for market estimation

1.4    Forecast model

1.4.1    Primary research and validation

1.4.2    Primary sources

1.4.3    Data mining sources

Chapter 2   Executive Summary

2.1    Industry 3600 synopsis, 2021-2032

Chapter 3   Industry Insights

3.1    Industry ecosystem analysis

3.1.1    Factors affecting the value chain

3.1.2    Profit margin analysis

3.1.3    Disruptions

3.1.4    Future outlook

3.1.5    Manufacturers

3.1.6    Distributors

3.1.7    Retailers

3.2    Key news & initiatives

3.3    Regulatory landscape

3.4    Impact forces

3.4.1    Growth drivers

3.4.1.1    Rising awareness of personal grooming

3.4.1.2    Focus on aesthetic and anti-aging solutions

3.4.2    Industry pitfalls & challenges

3.4.2.1    Cost constraints

3.5    Growth potential analysis

3.6    Porter’s analysis

3.7    PESTEL analysis

Chapter 4   Competitive Landscape, 2023

4.1    Introduction

4.2    Company market share analysis

4.3    Competitive positioning matrix

4.4    Strategic outlook matrix

Chapter 5   Market Estimates & Forecast, By Product Type, 2021-2032 (USD Million) (Million Units)

5.1    Key trends

5.2    Anti-Graying cream

5.3    Anti-Graying shampoos

5.4    Anti-Graying conditioners

5.5    Anti-Graying oils

5.6    Others (Anti-Graying Serums, etc)

Chapter 6   Market Estimates & Forecast, By Ingredients, 2021-2032 (USD Million) (Million Units)

6.1    Key trends

6.2    Natural/Organic Anti-Graying cream

6.3    Synthetic Anti-Graying cream

Chapter 7   Market Estimates & Forecast, By Price Range, 2021-2032 (USD Million) (Million Units)

7.1    Key trends

7.2    Low

7.3    Medium

7.4    High

Chapter 8   Market Estimates & Forecast, By Type, 2021-2032 (USD Million) (Million Units)

8.1    Key trends

8.2    Hair

8.3    Beard

Chapter 9   Market Estimates & Forecast, By Consumer Group, 2021-2032 (USD Million) (Million Units)

9.1    Key trends

9.2    Men

9.3    Women

9.4    Unisex

Chapter 10   Market Estimates & Forecast, By Distribution Channel, 2021-2032 (USD Million) (Million Units)

10.1    Key trends

10.2    Online

10.2.1   E-Commerce

10.2.2   Company website

10.3    Offline

10.3.1   Supermarkets/Hypermarkets

10.3.2   Specialty stores

10.3.3   Other retail stores

Chapter 11   Market Estimates & Forecast, By Region, 2021-2032 (USD Million) (Million Units)

11.1    Key trends

11.2    North America

11.2.1   U.S.

11.2.2   Canada

11.3    Europe

11.3.1   UK

11.3.2   Germany

11.3.3   France

11.3.4   Italy

11.3.5   Spain

11.3.6   Rest of Europe

11.4    Asia Pacific

11.4.1   China

11.4.2   India

11.4.3   Japan

11.4.4   South Korea

11.4.5   Indonesia

11.4.6   Malaysia

11.4.7   Rest of Asia Pacific

11.5    Latin America

11.5.1   Brazil

11.5.2   Mexico

11.5.3   Rest of Latin America

11.6    MEA

11.6.1   South Africa

11.6.2   Saudi Arabia

11.6.3   UAE

11.6.4   Rest of MEA

Chapter 12   Company Profiles

12.1    Avimee Herbal

12.2    Bioayurveda

12.3    Indus Cosmeceuticals Pvt. Ltd.

12.4    Ivory Natural

12.5    Lakshmi Krishna Naturals

12.6    Pilgrim India

12.7    Raw Beauty Wellness

12.8    Renee Cosmetics

12.9    Sephora USA, Inc.

12.10    The Man Company

Authors: Avinash Singh, Sunita Singh
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Premium Report Details

Base Year: 2023

Companies covered: 10

Tables & Figures: 365

Countries covered: 23

Pages: 152

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