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Beard Grooming Products Market Trends

Report ID: GMI8191
Published Date: Feb 2024
Report Format: PDF

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Beard Grooming Products Market Trends

One of the major trends in the market is the growing demand for natural and organic products. With the increasing focus on health & wellness, consumers are increasingly opting for products that are free from harmful chemicals and are made with natural ingredients. This trend has led to the emergence of a new segment of organic beard grooming products that are made with ingredients such as essential oils, shea butter, and beeswax. Sustainability is an important consideration for consumers when choosing beard grooming products. There is a growing awareness of the environmental impact of packaging waste, leading to a demand for eco-friendly and sustainable packaging options. Manufacturers are exploring recyclable materials, biodegradable packaging, and refillable containers to minimize their environmental footprint & appeal to eco-conscious consumers.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global market for beard grooming products was valued at USD 23 billion in 2023 and is anticipated to register a CAGR of over 6.2% between 2024 & 2032, driven by the rising popularity of beards and facial hair among men, coupled with the increasing emphasis on personal grooming & self-care.

The cream/balm segment held a market share worth USD 9 billion in 2023 and is anticipated to grow in the coming years, driven by the need to nourish & moisturize the beard and the skin underneath.

Europe market held a revenue share of 32% in 2023 and is set to gain traction till 2032, due to the changing societal attitudes toward facial hair and the rise of the grooming industry.

Beard Club, CALYNDIA P.C., Conair LLC, Every Man Jack, Golden Grooming, Helios Lifestyle Private Limited, J&J Beard Company, Manscaped, McNROE Consumer Products Pvt Ltd., Procter and Gamble, Stubble + Stache are some of the major industry contenders.