PUBLISHER: Inkwood Research | PRODUCT CODE: 1348096
PUBLISHER: Inkwood Research | PRODUCT CODE: 1348096
The Europe beard grooming products market is predicted to register a CAGR of 7.34% during the forecast years of 2023 to 2032. Some of the major factors augmenting the market growth of the region include the increasing adoption of products like wax, oils, and shampoos, coupled with the high per capita income as well as the awareness among men regarding male grooming.
The Europe beard grooming products market growth evaluation constitutes the study of the United Kingdom, Germany, France, Italy, Spain, Poland, and Rest of Europe. Men in Italy are more inclined toward the rugged beard look, thereby embracing a more casual and scruffy appearance. Notably, Italian millennials are placing increased importance on their grooming, depicting a willingness to invest more in men's grooming services offered at various salons.
Furthermore, in Italy, the most effective distribution channels for personalized beard care products are direct sales and specialty stores. Tech-savvy millennials are also expected to contribute significantly to the online sales segment. A significant brand capitalizing on this trend is the 'Italian Beard Company,' which promotes its range through official online platforms as well as offline outlets like departmental and specialty stores across the country. Moreover, their product line includes waxes, oils, and balms. Hence, the abovementioned factors are evaluated to propel the beard grooming products market growth in Europe during the forecast years.
Some of the leading firms operating in the market include: Philips, The Brighton Beard Company, L'oreal SA, etc.