Hair Removal Products Market Forecast to 2028 - Global Analysis By Product Type, End User, and Distribution Channel

List of Tables

The hair removal products market size is expected to grow from US$ 9,596.39 million in 2022 to US$ 12,786.19 million by 2028; it is estimated to record a CAGR of 4.9% from 2022 to 2028.

The hair removal products market growth is mainly driven by a rise in demand for men's hair removal products and increase in spending on personal grooming products. Further, hair removal device manufacturers focus on research and development of technologically advanced products. The manufacturers are also focused on innovating better hair removal razors and patenting their developed technologies. For instance, Procter & Gamble Company's brand Gillette introduced razors in 1970. Since then, each innovation has been more advanced than its predecessor. In 2019, Gillette launched a heated razor featuring a warm bar, flexdisc technology, advanced five-blade technology, intelligent heat sensors, and adjustable temperature levels. Moreover, in 2021, Koninklijke Philips NV launched Philips Norelco Shaver Series 9000 featuring motion control sensors, power adapt sensor, pressure guard sensor, and integration with the Philips GroomTribe app. The product indicates the right amount of pressure to be applied to ensure a safe shave. Thus, the development of smart hair removal devices is expected to create lucrative opportunities for the hair removal products market in the coming years.

Based on end user, the global hair removal products market is bifurcated into men and women. The women segment held a larger market share in 2022. The rising working women population and increasing awareness about self-grooming among women drive the demand for hair removal products. Women prefer painless, convenient, and hassle-free hair removal products such as cold wax strips, epilators, or hair removal creams, depending on their skin type and application area. However, the rise in the middle-class women population is increasing the demand for affordable hair removal products instead of high-cost permanent hair removal treatments.

Asia Pacific led the global hair removal products market share in 2022. In Asia Pacific, the hair removal products market growth is mainly driven by the increasing population and rising standard of living of people. The growth in population and high emphasis on health in the region are reforming customers' health priorities. In 2022, Panasonic launched a six-blade shaver featuring Japanese blade technology as a grooming solution for men's thick facial hair. The growing personal grooming sector and rising product launches are expected to create favorable business opportunities for the hair removal products market in Asia Pacific during the forecast period. Further, in China, the rise in product differentiation in hair removal products and the increase in popularity of nonsurgical hair removal methods are projected to fuel the hair removal products market in the country in the coming years.

Church & Dwight Co., Inc.; Reckitt Benckiser Group plc; Oriflame Holding AG; GIGI; Venus Concept; Procter & Gamble; Koninklijke Philips N.V.; Sally Hansen; Si & D (Aust) (Pty) Ltd; and Revitol Players are a few players operating in the hair removal products market. These market players are focusing on providing high-quality products to fulfill customer demand. They are also adopting strategies such as investments in research and development activities, new product launches, collaborations, and mergers & acquisitions.

The overall global hair removal products market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the hair removal products market.

Reasons to Buy:

Highlights key business priorities to assist companies realign their business strategies.
Features key findings and crucial progressive industry trends in the global hair removal products market, thereby allowing players to develop effective long-term strategies.
Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
Scrutinizes in-depth market trends as well as key market drivers and restraints.
Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Product Code: TIPRE00023369

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Formulation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:

4. Hair Removal Products Market Landscape

4.1 Market Overview
4.2 PEST Analysis: Hair Removal Products Market
- 4.2.1 PEST Analysis: North America Hair Removal Products Market
- 4.2.2 PEST Analysis: Europe Hair Removal Products Market
- 4.2.3 PEST Analysis: Asia Pacific Hair Removal Products Market
- 4.2.4 PEST Analysis: Middle East & Africa Hair Removal Products Market
- 4.2.5 PEST Analysis: South & Central America Hair Removal Products Market
4.3 Expert Opinions

5. Hair Removal Products Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Rise in Demand for Men's Hair Removal Products
- 5.1.2 Increased Spending on Personal Grooming Products
5.2 Market Restraints
- 5.2.1 Adoption of Permanent Hair Removal Methods
5.3 Market Opportunities
- 5.3.1 Development of Smart Hair Removal Devices
5.4 Future Trends
- 5.4.1 Preference for Natural and Clean-Label Hair Removal Products
5.5 Impact Analysis of Drivers and Restraints

6. Hair Removal Products - Global Market Analysis

6.1 Hair Removal Products Market Overview
6.2 Hair Removal Products Market -Revenue and Forecast to 2028 (US$ Million)
6.3 Competitive Positioning - Key Market Players

7. Hair Removal Products Market Analysis - By Product Type

7.1 Overview
7.2 Hair Removal Products Market, By Product Type (2021 and 2028)
7.3 Creams
- 7.3.1 Overview
- 7.3.2 Creams: Hair Removal Products Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Wax Strips
- 7.4.1 Overview
- 7.4.2 Wax Strips: Hair Removal Products Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Razors and Blades
- 7.5.1 Overview
- 7.5.2 Razors and Blades: Hair Removal Products Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Epilators
- 7.6.1 Overview
- 7.6.2 Epilators: Hair Removal Products Market - Revenue and Forecast to 2028 (US$ Million)
7.7 Others
- 7.7.1 Overview
- 7.7.2 Others: Hair Removal Products Market - Revenue and Forecast to 2028 (US$ Million)

8. Hair Removal Products Market Analysis - By End User

8.1 Overview
8.2 Hair Removal Products Market, By End User (2021 and 2028)
8.3 Men
- 8.3.1 Overview
- 8.3.2 Men: Hair Removal Products Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Women
- 8.4.1 Overview
- 8.4.2 Women: Hair Removal Products Market - Revenue and Forecast to 2028 (US$ Million)

9. Hair Removal Products Market Analysis - By Distribution Channel

9.1 Overview
9.2 Hair Removal Products Market, By Distribution Channel (2021 and 2028)
9.3 Supermarket and Hypermarkets
- 9.3.1 Overview
- 9.3.2 Supermarket and Hypermarkets: Hair Removal Products Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Convenience Store
- 9.4.1 Overview
- 9.4.2 Convenience Store: Hair Removal Products Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Online Retail
- 9.5.1 Overview
- 9.5.2 Online Retail: Hair Removal Products Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Hair Removal Products Market - Revenue and Forecast to 2028 (US$ Million)

10. Hair Removal Products Market- Geographic Analysis

10.1 Overview
10.2 North America: Hair Removal Products Market
- 10.2.1 North America: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
- 10.2.2 North America: Hair Removal Products Market, By Product Type
- 10.2.3 North America: Hair Removal Products Market, by End User
- 10.2.4 North America: Hair Removal Products Market, by Distribution Channel
- 10.2.5 North America: Hair Removal Products Market, by Key Country
  - 10.2.5.1 US: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
    - 10.2.5.1.1 US: Hair Removal Products Market, By Product Type
    - 10.2.5.1.2 US: Hair Removal Products Market, by End User
    - 10.2.5.1.3 US: Hair Removal Products Market, by Distribution Channel
  - 10.2.5.2 Mexico: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
    - 10.2.5.2.1 Mexico: Hair Removal Products Market, By Product Type
    - 10.2.5.2.2 Mexico: Hair Removal Products Market, by End User
    - 10.2.5.2.3 Mexico: Hair Removal Products Market, by Distribution Channel
  - 10.2.5.3 Canada: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
    - 10.2.5.3.1 Canada: Hair Removal Products Market, By Product Type
    - 10.2.5.3.2 Canada: Hair Removal Products Market, by End User
    - 10.2.5.3.3 Canada: Hair Removal Products Market, by Distribution Channel
10.3 Europe: Hair Removal Products Market
- 10.3.1 Europe: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
- 10.3.2 Europe: Hair Removal Products Market, By Product Type
- 10.3.3 Europe: Hair Removal Products Market, by End User
- 10.3.4 Europe: Hair Removal Products Market, by Distribution Channel
- 10.3.5 Europe: Hair Removal Products Market, by Key Country
  - 10.3.5.1 Germany: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
    - 10.3.5.1.1 Germany: Hair Removal Products Market, By Product Type
    - 10.3.5.1.2 Germany: Hair Removal Products Market, by End User
    - 10.3.5.1.3 Germany: Hair Removal Products Market, by Distribution Channel
  - 10.3.5.2 France: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
    - 10.3.5.2.1 France: Hair Removal Products Market, By Product Type
    - 10.3.5.2.2 France: Hair Removal Products Market, by End User
    - 10.3.5.2.3 France: Hair Removal Products Market, by Distribution Channel
  - 10.3.5.3 Italy: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
    - 10.3.5.3.1 Italy: Hair Removal Products Market, By Product Type
    - 10.3.5.3.2 Italy: Hair Removal Products Market, by End User
    - 10.3.5.3.3 Italy: Hair Removal Products Market, by Distribution Channel
  - 10.3.5.4 UK: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
    - 10.3.5.4.1 UK: Hair Removal Products Market, By Product Type
    - 10.3.5.4.2 UK: Hair Removal Products Market, by End User
    - 10.3.5.4.3 UK: Hair Removal Products Market, by Distribution Channel
  - 10.3.5.5 Russia: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
    - 10.3.5.5.1 Russia: Hair Removal Products Market, By Product Type
    - 10.3.5.5.2 Russia: Hair Removal Products Market, by End User
    - 10.3.5.5.3 Russia: Hair Removal Products Market, by Distribution Channel
  - 10.3.5.6 Rest of Europe: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
    - 10.3.5.6.1 Rest of Europe: Hair Removal Products Market, By Product Type
    - 10.3.5.6.2 Rest of Europe: Hair Removal Products Market, by End User
    - 10.3.5.6.3 Rest of Europe: Hair Removal Products Market, by Distribution Channel
10.4 Asia Pacific: Hair Removal Products Market
- 10.4.1 Asia Pacific: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
- 10.4.2 Asia Pacific: Hair Removal Products Market, By Product Type
- 10.4.3 Asia Pacific: Hair Removal Products Market, by End User
- 10.4.4 Asia Pacific: Hair Removal Products Market, by Distribution Channel
- 10.4.5 Asia Pacific: Hair Removal Products Market, by Key Country
  - 10.4.5.1 Australia: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
    - 10.4.5.1.1 Australia: Hair Removal Products Market, By Product Type
    - 10.4.5.1.2 Australia: Hair Removal Products Market, by End User
    - 10.4.5.1.3 Australia: Hair Removal Products Market, by Distribution Channel
  - 10.4.5.2 China: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
    - 10.4.5.2.1 China: Hair Removal Products Market, By Product Type
    - 10.4.5.2.2 China: Hair Removal Products Market, by End User
    - 10.4.5.2.3 China: Hair Removal Products Market, by Distribution Channel
  - 10.4.5.3 India: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
    - 10.4.5.3.1 India: Hair Removal Products Market, By Product Type
    - 10.4.5.3.2 India: Hair Removal Products Market, by End User
    - 10.4.5.3.3 India: Hair Removal Products Market, by Distribution Channel
  - 10.4.5.4 Japan: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
    - 10.4.5.4.1 Japan: Hair Removal Products Market, By Product Type
    - 10.4.5.4.2 Japan: Hair Removal Products Market, by End User
    - 10.4.5.4.3 Japan: Hair Removal Products Market, by Distribution Channel
  - 10.4.5.5 South Korea: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
    - 10.4.5.5.1 South Korea: Hair Removal Products Market, By Product Type
    - 10.4.5.5.2 South Korea: Hair Removal Products Market, by End User
    - 10.4.5.5.3 South Korea: Hair Removal Products Market, by Distribution Channel
  - 10.4.5.6 Rest of Asia Pacific: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
    - 10.4.5.6.1 Rest of Asia Pacific: Hair Removal Products Market, By Product Type
    - 10.4.5.6.2 Rest of Asia Pacific: Hair Removal Products Market, by End User
    - 10.4.5.6.3 Rest of Asia Pacific: Hair Removal Products Market, by Distribution Channel
10.5 South & Central America: Hair Removal Products Market
- 10.5.1 South & Central America: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
- 10.5.2 South & Central America: Hair Removal Products Market, By Product Type
- 10.5.3 South & Central America: Hair Removal Products Market, by End User
- 10.5.4 South & Central America: Hair Removal Products Market, by Distribution Channel
- 10.5.5 South & Central America: Hair Removal Products Market, by Key Country
  - 10.5.5.1 Brazil: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
    - 10.5.5.1.1 Brazil: Hair Removal Products Market, By Product Type
    - 10.5.5.1.2 Brazil: Hair Removal Products Market, by End User
    - 10.5.5.1.3 Brazil: Hair Removal Products Market, by Distribution Channel
  - 10.5.5.2 Argentina: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
    - 10.5.5.2.1 Argentina: Hair Removal Products Market, By Product Type
    - 10.5.5.2.2 Argentina: Hair Removal Products Market, by End User
    - 10.5.5.2.3 Argentina: Hair Removal Products Market, by Distribution Channel
  - 10.5.5.3 Rest of South & Central America: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
    - 10.5.5.3.1 Rest of South & Central America: Hair Removal Products Market, By Product Type
    - 10.5.5.3.2 Rest of South & Central America: Hair Removal Products Market, by End User
    - 10.5.5.3.3 Rest of South & Central America: Hair Removal Products Market, by Distribution Channel
10.6 Middle East & Africa: Hair Removal Products Market
- 10.6.1 Middle East & Africa: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
- 10.6.2 Middle East & Africa: Hair Removal Products Market, By Product Type
- 10.6.3 Middle East & Africa: Hair Removal Products Market, by End User
- 10.6.4 Middle East & Africa: Hair Removal Products Market, by Distribution Channel
- 10.6.5 Middle East & Africa: Hair Removal Products Market, by Key Country
  - 10.6.5.1 South Africa: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
    - 10.6.5.1.1 South Africa: Hair Removal Products Market, By Product Type
    - 10.6.5.1.2 South Africa: Hair Removal Products Market, by End User
    - 10.6.5.1.3 South Africa: Hair Removal Products Market, by Distribution Channel
  - 10.6.5.2 Saudi Arabia: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
    - 10.6.5.2.1 Saudi Arabia: Hair Removal Products Market, By Product Type
    - 10.6.5.2.2 Saudi Arabia: Hair Removal Products Market, by End User
    - 10.6.5.2.3 Saudi Arabia: Hair Removal Products Market, by Distribution Channel
  - 10.6.5.3 UAE: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
    - 10.6.5.3.1 UAE: Hair Removal Products Market, By Product Type
    - 10.6.5.3.2 UAE: Hair Removal Products Market, by End User
    - 10.6.5.3.3 UAE: Hair Removal Products Market, by Distribution Channel
  - 10.6.5.4 Rest of Middle East & Africa: Hair Removal Products Market-Revenue and Forecast to 2028 (US$ Million)
    - 10.6.5.4.1 Rest of Middle East & Africa: Hair Removal Products Market, By Product Type
    - 10.6.5.4.2 Rest of Middle East & Africa: Hair Removal Products Market, by End User
    - 10.6.5.4.3 Rest of Middle East & Africa: Hair Removal Products Market, by Distribution Channel

11. Impact of COVID-19 Pandemic on Global Hair Removal Products Market

11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South & Central America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Product launch

13. Company Profiles

13.1 Church & Dwight Co., Inc.
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Reckitt Benckiser Group plc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Oriflame Holding AG
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 GIGI
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Venus Concept
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Procter & Gamble
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Koninklijke Philips N.V.
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Sally Hansen
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Si & D (Aust) (Pty) Ltd
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Revitol Players
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners
14.2 Word Index