Hair removal creams and lotions are widely used for removing human body hair for medical and hygiene purposes. Considering respective requirements, hair removal creams and lotions are designed specifically for men as well as women. Considering growing awareness regarding personal hygiene, demand for various hair removal creams and lotions is predicted to increase promisingly in coming years all over the world.
MARKET SCOPE
The "Global Hair Removal Creams and Lotions Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hair removal creams and lotions market with detailed market segmentation by end-user, distribution channel, and geography. The report provides key statistics on the market status of the leading hair removal creams and lotions market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on end-user, the global hair removal creams and lotions market is segmented into men and women.
- On the basis of distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, online retail and others.
MARKET DYNAMICS
Drivers:
- Growing consciousness regarding personal hygiene.
- Rising urbanization and increasing per capita disposable income to boost market growth of hair removal cream and lotions.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The hair removal creams and lotions market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the hair removal creams and lotions market in these regions.
IMPACT OF COVID-19 ON HAIR REMOVAL CREAMS AND LOTIONS MARKET
The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Due to restriction of limited workforce, hair removal creams and lotions market suffered from supply side to considerable extent.
MARKET PLAYERS
The report covers key developments in the hair removal creams and lotions market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from hair removal creams and lotions market are anticipated to lucrative growth opportunities in the future with the rising demand for hair removal creams and lotions in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hair removal creams and lotions market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- CHURCH and DWIGHT CO., INC.
- Elegare Beauty Pvt Ltd
- Nature Group
- Reckitt Benckiser
- Redcliffe Hygiene Private Limited
- Sally Hansen
- SI&D (Aust) Pty Ltd
- Sirona Hygiene Private Limited
- Vi-john Group
- Wet and Dry Personal Care Pvt. Ltd.