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Hair Removal Products Market Share

Report ID: GMI11771
Published Date: Oct 2024
Report Format: PDF

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Hair Removal Products Market Share

Hair Removal Products Market Company Share Analysis (2023)

The market is fragmented, with several regional companies operating on a global scale. In 2023, the L'Oréal S.A., Procter & Gamble Co., Unilever, Shiseido Company, Limited, Johnson & Johnson, Panasonic Corporation, Philips N.V. led the market. To expand their customer base, broaden their product offerings, and establish a stronger foothold in the market, these corporations strategically deploy mergers, acquisitions, partnerships, and facility expansions. They also leverage their vast distribution networks and resources to investigate new markets.

Hair Removal Products Market Companies

Major players operating in the hair removal products industry are:

Beiersdorf AG
Braun GmbH
Conair Corporation
CyDen Ltd.
Emjoi Inc.
Epilady Ltd.
Home Skinovations Ltd.
L'Oréal S.A.
Panasonic Corporation
Philips N.V.
Procter & Gamble Co.
Reckitt Benckiser Group
Shiseido Company, Limited
Spectrum Brands Holdings, Inc.
Tria Beauty, Inc.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global hair removal products industry was valued at approximately USD 14.7 billion in 2023 and is estimated to grow at a CAGR of around 4.7% from 2024 to 2032, driven by heightened awareness of personal grooming and hygiene, especially among younger generations.

The wax segment accounted for revenues of about USD 5.6 billion in 2023 and is expected to reach USD 8.6 billion by 2032.

North America held the largest market share of around 37% in 2023 and is estimated to register a CAGR of around 5% between 2024 and 2032, fueled by a growing demand for a spectrum of hair removal products, from traditional methods like shaving and waxing to modern solutions such as laser hair removal.

Key players in the hair removal products industry include Beiersdorf AG, Braun GmbH, Conair Corporation, CyDen Ltd., Emjoi Inc., Epilady Ltd., Home Skinovations Ltd., L'Oréal S.A., Panasonic Corporation, Philips N.V., and Procter & Gamble Co.