The report covers the present scenario and the growth prospects of the global depilatory products market for 2016-2020. The analysts forecast global depilatory products market to grow at a CAGR of 6.05% during the period 2016-2020. To calculate the market size, the report takes into account revenue generated from the retail sales of the following products:
- Women's razors and blades
- Women's electric hair removal devices
- Hair removal creams, waxes, and wax strips
The following companies are the key players in the global depilatory products market: American International Industries, Church & Dwight, L'Oréal, Nad's, Procter & Gamble, and Reckitt Benckiser. Other Prominent Vendors in the market are: Coty, Dabur, Edgewell Personal Care, Jolen, Revitol, and Vi-John Group.
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According to the depilatory products market report key growth driver is the rising demand for DIY hair removal methods. Preference for salons is declining, particularly for regular use, with people increasingly preferring cost-effective DIY methods of removal of unwanted hair. Hair removal creams have gained considerable popularity over the last few years, with many of them offering moisturized and smooth skin with slower and reduced hair growth. DIY kits are also available to cater to the requirements of on-the-go customers.
The global depilatory products market analyst said market one key trend propelling market growth is the emphasis on personal grooming and hygiene. Growing emphasis on personal grooming and hygiene will drive the market for depilatory products over the next five years. In the US, a woman spends an average of $45 per month on beauty products. The Hispanics form a major part of the beauty industry. In 2015, this population segment spent over 3% more on shaving products than it did in 2014. In key developing markets like India, demand for personal care products has grown rapidly over the last few years. The volume sales of shavers/groomers increased by over 50% in 2013 compared to 2012. Order a copy of report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=607581
Global Depilatory Products Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
With more women entering the global workforce, the demand for and the affordability of depilatory products have increased. The rising numbers of salons and spas also increase product use. The following methods are commonly used for hair removal and there are many products to make the task easy.
- Laser treatment
Further, the report states that one challenge that could hamper market growth is the growing demand for laser hair removal. As laser hair removal offers long-term hair removal, more consumers are opting for these products, threatening the sales of traditional depilatories.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Technology landscape
PART 06: Market landscape
PART 07: Market segmentation by application
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Appendix
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