According to IMARC Group's latest research report, titled "Asia Pacific Male Grooming Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights into the market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The Asia Pacific male grooming products market size reached US$ 12.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 18.5 Billion by 2027, exhibiting a growth rate (CAGR) of 6.8% during 2022-2027.
Asia Pacific Male Grooming Products Market Outlook:
Grooming Habits of men in Asia Pacific region varies differently with respect to countries. Men across countries such as China, Japan have some high set of differences from those in other areas of the Asia Pacific region, where mostly, those consumers in the aforementioned country have a high inclination to shave with electric razor. In most of the cases, this factor is largely influenced by multiple conditions, with the likes of lower facial hair growth density concentrated in a small area around the mouth. Furthermore, there is a limited knowledge and misconceptions surrounding around the alleged negative skin effects of blade shaving.
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Asia Pacific Male Grooming Products Market Growth:
Catered by a growing taste of consumer towards variety of grooming products, the men grooming range is adaptive based on a targeted products that manufacturers are providing with significant spending on advertisements. Over the past years, the grooming routine has become more elaborate with men of all ages and this factor has led to the emergence of several male grooming startups serving to the unmet needs and growing demand in this field.
Key Market Segmentation:
Breakup by Product:
Male Toiletries
Electric Products
After Shave Lotions
Others
Breakup by Price Range:
Mass Products
Premium Products
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Pharmacy Stores
Online Stores
Others
Breakup by Country:
China
Japan
India
South Korea
Australia
Indonesia
Others
Key Highlights of the Report:
Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
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