Men’s Personal Care Market Share, Growth, Industry Segmentation, Analysis and Forecast 2029

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Men’s Personal Care Market: size was valued at US$ 32.88 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 9.05% through 2023 to 2029, reaching nearly US$ 60.31 Bn.

Men’s Personal Care Market Overview: 

Maximize Market Research's new report, Global Men’s Personal Care Market 2022-2029, is useful for understanding the market's competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The study offers a market overview that describes the value chain's structure, as well as the market's size, applications, and forecast for the years (2021–2029). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Men’s Personal Care Market.

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Market Scope:

The research provides an analytical view of the business by studying several elements such as worldwide Men’s Personal Care Market growth, consumption volume, market trends, and company pricing structures throughout the projected period. In-depth research is used in the analysis to examine the market's complexity. The research provides an overview of the worldwide Men’s Personal Care Market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. Based on productivity and manufacturing base, this market has been investigated in a number of different ways.

Men’s Personal Care Market The primary variables influencing the personal care market include increasing body image, wellness, hygiene, and grooming awareness. Because of the developing market and social media trends, men are now more concerned with personal cleanliness and sensitive of their physical appearance.

Men’s Personal Care Market Segmentation:

by Product Type
• Skincare
• Haircare
• Personal Grooming
• Others

Men's personal care market was dominated by the skin care sector by product in 2022, accounting for 44.62% of the market.The most significant factor in the growth of men's personal care products has been the introduction of face wash, serums, creams, and moisturisers. The majority of luxury businesses have been making investments to increase their product offerings in the skin care category.
The quickest CAGR of 6.5% is predicted for the personal grooming sector between 2022 and 2027.This market has seen a number of advancements, including beard wax, kits, beard oil, and many more new inventive goods that are anticipated to fuel this market's expansion.
The market for men's skincare was estimated at $12.47 billion in 2021, and by 2027, it is anticipated to reach $19 billion.

by Distribution Channels
• Hypermarkets and Supermarkets
• Pharmacy and drug stores
• E-commerce
• Others

Hypermarket and supermarket distribution channels dominated the market in 2022, accounting for 45.9% of global revenue.These shops provide a variety of product lines, brands, and in-depth product demonstrations and testing. Over the projected period, the e-commerce distribution channel is anticipated to develop the fastest. The bulk of new items and a large variety of products are available through the e-commerce channel, making home purchases simpler.

by Age group
• 18-30 years
• 31-58 years
• 59 Above

Grouped by age, The 18 to 30 year age group holds the biggest market share for men's personal care, followed by the 31 to 59 year age group.Due in large part to increased awareness of one's own well-being and awareness of one's own awareness, the 18–30 age group has developed. The age group of 18 to 30 is anticipated to expand at a CAGR of 9.24% during the projection period.

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Men’s Personal Care Market Key Players: 

It then discusses the top competitors in the worldwide Men’s Personal Care Market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. The research also evaluates raw material sources, import-export, the value chain, price structure, and the industrial supply chain in addition to capacity utilisation. The following participants are highlighted in this study:

• Procter Gamble
• Reckitt Benckiser
• L’Oreal
• Beiersdorf AG
• Johnson Johnson
• Unilever
• Coty Inc.
• Estee Lauder Companies, Inc.
• Edge well Personal Care Company
• Kao Corporation
• Colgate-Palmolive
• Kimberly Clark
• Shiseido Company ltd.
• Amorepacific
• Church and Dwight Company Inc.
• Gillette India ltd.

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Regional Analysis:

The report has analyzed the global Men’s Personal Care Market in the following regions:

  • North America (Mexico, Canada, and the United States)
    . Germany, France, the United Kingdom, Russia, Italy, and the rest of Europe make up the European Union.
    . Asia-Pacific region (including Australia, China, Japan, Korea, Southeast Asia, and Japan)
    . Latin America (Brazil, Argentina, Colombia, and the remaining countries in South America)
  • Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East Africa)

The study offers in-depth perceptions into a wide range of development prospects and obstacles in the aforementioned regions based on various items, applications, end users, and nations, among other factors.  The research also includes key features of the worldwide Men’s Personal Care Market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.

COVID-19 Impact Analysis on Men’s Personal Care Market:

Practically every industry has been hit by the unprecedented global public health disaster known as COVID-19, and the long-term effects are anticipated to have an impact on industry growth for the duration of the forecast period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The updated research includes new information, analysis, projections, and predictions based on COVID-19's impact on the market.

The Men’s Personal Care Market Report provides key answers to the following questions:

  • Which are the major companies in the Men’s Personal Care Market? 
  • Which is the potential market for LMS in terms of the region?
  • Which application area of LMS is expected to grow at a significant rate in the market in the next 5 years?
  • What are the opportunities for new market entrants?
  • What will be the Men’s Personal Care Market size by 2029?
  • What are the market's chances of growth?
  • What is the base year considered in the Men’s Personal Care Market report?
  • Which region dominates the Men’s Personal Care Market in terms of market share?
  • What factors are anticipated to drive the Men’s Personal Care Market?
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