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Prominent players including Conair LLC, Wahl Clipper, Ustraa, and Procter & Gamble accounted for over 25 - 30% market share in 2023. These players are proactively involved in strategic endeavors such as mergers & and acquisitions, facility expansion, and collaborations to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position. These enterprises consistently allocate resources to R&D, aiming to enhance their designs and integrate cutting-edge technologies, thereby ensuring that they maintain a competitive edge.
Major players operating in the beard grooming products industry include: