Hair Removal Wax Market: Global Industry Analysis (2022-2027) by Type, Application, End-User, Distribution Channel, and Region

Hair Removal Wax Market size was valued at US$ 10.60 Bn. in 2021 and the total Hair Removal Wax revenue is expected to grow at 8.1% through 2022 to 2027, reaching nearly US$ 16.91 Bn.

Hair Removal Wax Market Overview:

Hair Removal wax is a sticky substance that is used to remove unwanted body and facial hair. It also helps to eliminate dead skin cells and smooth out the skin. The global public has enthusiastically adopted hair removal wax because of shifting ideas of beauty over the last several decades. Nowadays Hair removal wax is becoming a bigger part of the cosmetics and personal care sector. Both men and women are becoming more self-aware of their physical appearance. People choose to remove unwanted body hair for a variety of reasons such as aesthetic, social, cultural, and medicinal reasons. There are different types of hair removal and hair reduction techniques available that are suitable for different types of hair growth, and different client budgets. Over the years, a variety of hair removal treatments have been created including methods for both temporary and permanent hair removal. Most of them may be used at home, while others can only be used in professional salons. Hair Removal Wax Market To know about the Research Methodology:- Request Free Sample Report In this report, the Hair Removal Wax market's growth reasons, as well as the market's many segments (Type, Application, End-User, Distribution Channel, and Region), are discussed. Data has been given by market players, regions, and specific requirements. This market report includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis is presented in the form of statistics, infographics, and presentations. The study discusses the Hair Removal Wax market's Drivers, Restraints, Opportunities, and Challenges. The report helps to assess the market growth drivers and determines how to use these drivers as a tool. The report also helps to rectify and resolve issues related to the global Hair Removal Wax market situation.

Hair Removal Wax Market Dynamics:

Consumer purchasing power, particularly among women has expanded drastically in recent years allowing them to enjoy some luxuries such as spending money at a salon for wax hair removal has boosted the Hair Removal Wax sales market. In addition, the rise in the number of working women has encouraged market expansion. The expansion of the hair removal wax market, as well as an increase in personal hygiene awareness, is fueled by changes in lifestyle paired with youngsters' desire to appear attractive and adhere to modern beauty standards. Several waxing products are available on market. The researchers are discovering ways to make the product less irritating, more effective, and last longer which is projected to boost the worldwide hair removal wax market throughout the forecast period. Warm waxing is one of the most popular waxing procedures now available on market. The warm wax is applied to the body and the hair is removed with the help of a paper strip. Warm wax is sometimes confused with hot wax, which is applied to the body and then allowed to cool and harden on the skin. The wax is removed directly from the skin, eliminating the hair, and many people prefer it depending on their skin type. waxing is the most popular method because it gives an ultra-smooth finish and long-lasting effect. Different methods of waxing and their long-lasting effects are expected to boost the hair removal wax market over the projected period. Brazilian waxing is becoming more popular and many women consider it an important part of their beauty routines. People like hard wax because it is better for sensitive parts of the body such as the face and bikini area. The acceptance of Brazilians is spreading over the world. Hair removal has been increasingly popular in recent years, with a major increase in the last ten years. The top competitors in the market are concentrating their efforts on developing new wax products with unique fragrances and colors. Wax is available in different flavors such as Chocolate wax, Aloe vera wax, white chocolate wax, Rica cream wax, etc. As a result, product development is a primary growth driver for the global hair removal wax market. Soft wax strips are also another technique available for hair removal. It can be applied at home and has become extremely popular due to its ease of use and adaptability by consumers who cannot afford salon visits due to hectic schedules. Furthermore, manufacturers are investing in R&D to produce new products, such as organic hair removal wax with natural ingredients, in response to the increased demand for natural products among health-conscious customers. Hair removal by using epilators is becoming a popular technique nowadays. People are using Epilator which is an electrical device that removes hair by mechanically grasping and then pulling them out. This innovation may hamper the growth of the Hair Removal Wax Market during the forecast period. Furthermore, the growing popularity of permanent hair removal treatment by laser poses a challenge to the hair removal wax market. Hair Removal Wax Market 1

Hair Removal Wax Market Segment Analysis:

By Type, the pre-made wax strips segment is projected to grow at a CAGR of 6.5% over the forecast period. pre-made wax strips, which have become popular among individuals who do not have enough time to visit a parlor. These strips are easier to use and come in convenient packaging. The demand for pre-made wax strips has increased after the pandemic. The hard wax segment has the highest market share owing to its commercial use in salons and spas. Hard wax beads are used by the majority of salons since they come in bulk and are easier to store. To melt and use these hard wax beads properly, users need to buy wax heating equipment along with the wax. Hair Removal Wax Market 2 By Application, The commercial segment can be divided into spas and salons. The commercial segment has the highest share due to the significant increase in the number of salons and spas across the world. The number of such salons has increased as the living standards of life. The need for self-care also has increased, making the growth of commercial segment over the forecast period. Individuals, on the other hand, are the fastest-growing group, thanks to the availability of new home waxing kits and pre-made wax strips which are ideal for individuals who do not have time to visit a salon. By Distribution Channel, the offline segment has the highest share due to the manufacturers' extremely effective distribution methods. Such waxes are now readily available at beauty stores, supermarkets, and convenience stores as a result of this efficient distribution. However, since the outbreak of the pandemic, the online segment has been growing rapidly, as customers rely heavily on online purchasing platforms to meet their demands.

Hair Removal Wax Market Regional Insights:

In the Asia Pacific region, China and India produce the majority of the Hair Removal Wax products. One of the key factors for the growth of the hair removal wax market is the existence of small- and medium-scale manufacturers in the Asia Pacific region. The hair removal wax market is expected to rise owing to rising disposable income and a growing population in this region. North America is expected to maintain the largest share of the Hair Removal Wax market due to developments in hair removal methods. In addition, the population's increased disposable income is a primary driver of market expansion. Furthermore, Hollywood, the world's entertainment hub is located in North America, making it a key market for such products. Hollywood not only serves as a consumer but also as a major promoter of beauty standards both domestically and internationally. The objective of the report is to present a comprehensive analysis of the Hair Removal Wax market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Hair Removal Wax market dynamics, and structure by analyzing the market segments and projecting the Hair Removal Wax market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Hair Removal Wax market make the report investor’s guide.

Hair Removal Wax Market Scope: Inquire before buying

Global  Hair Removal Wax Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 10.60 Bn.
Forecast Period 2022 to 2027 CAGR: 8.1 % Market Size in 2027: US $ 16.91 Bn.
Segments Covered: by Type • Pre-made Wax Strips • Soft Wax • Hard Wax
by Application • Commercial (Spa, Salon, and Parlors) • Residential
by End User • Men • Women
by Distribution Channel • Hypermarket/Supermarket • Specialty Stores • Convenience Stores • Online Channels

Hair Removal Wax Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Hair Removal Wax Market Key Players

American International Industries • LOreal International • Darent Wax • RICA • Church & Dwight Co., Inc. • Coloris Sp. z o.o. • FILO BIANCO S.r.l. (Italwax) • GiGi • Harley Waxing UK • Jax Wax Australia • Karaver • Marzena BodyCare Products • Parissa Laboratories Inc. • Perron Rigot • Reckitt Benckiser Group PLC • Sally Hansen Inc. • Starpil Wax Co. • Sue Ismiel and Daughters (Nad's) • The Darent Wax Co., Ltd. • Xanitalia Srl

FAQs:

1. What is the restraint for new market entrants? Ans. Hair removal by using epilators is becoming a popular technique nowadays. People are using Epilator which is an electrical device that removes hair by mechanically grasping and then pulling them out. This innovation may hamper the growth of the Hair Removal Wax Market during the forecast period. 2. What is expected to drive the growth of the Hair Removal Wax market in the forecast period? Ans. Consumer purchasing power, particularly among women has expanded drastically in recent years allowing them to enjoy some luxuries such as spending money at a salon for wax hair removal has boosted the Hair Removal Wax sales market. 3. What is the projected market size & growth rate of the Hair Removal Wax Market? Ans. The Hair Removal Wax Market size was valued at US$ 10.60 Bn. in 2021 and the total Hair Removal Wax revenue is expected to grow at 8.1% through 2022 to 2027, reaching nearly US$ 16.91 Bn. 4. What segments are covered in the Hair Removal Wax Market report? Ans. The segments covered are Type, Application, End-User, Distribution Channel, and Region.
1. Global Hair Removal Wax Market: Research Methodology 2. Global Hair Removal Wax Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Hair Removal Wax Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Hair Removal Wax Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Hair Removal Wax Market Segmentation 4.1 Global Hair Removal Wax Market, by Type (2022-2027) • Pre-made Wax Strips • Soft Wax • Hard Wax 4.2 Global Hair Removal Wax Market, by Application (2022-2027) • Commercial (Spa, Salon, and Parlors) • Residential 4.3 Global Hair Removal Wax Market, by Distribution Channel (2022-2027) • Hypermarket/Supermarket • Specialty Stores • Convenience Stores • Online Channels 4.4 Global Hair Removal Wax Market, by End-user (2022-2027) • Men • Women 5. North America Hair Removal Wax Market(2022-2027) 5.1 North America Hair Removal Wax Market, by Type (2022-2027) • Pre-made Wax Strips • Soft Wax • Hard Wax 5.2 North America Hair Removal Wax Market, by Application (2022-2027) • Commercial (Spa, Salon, and Parlors) • Residential 5.3 North America Hair Removal Wax Market, by Distribution Channel (2022-2027) • Hypermarket/Supermarket • Specialty Stores • Convenience Stores • Online Channels 5.4 North America Hair Removal Wax Market, by End-user (2022-2027) • Men • Women 5.5 North America Hair Removal Wax Market, by Country (2022-2027) • United States • Canada • Mexico 6. Europe Hair Removal Wax Market (2022-2027) 6.1. European Hair Removal Wax Market, by Type (2022-2027) 6.2. European Hair Removal Wax Market, by Application (2022-2027) 6.3. European Hair Removal Wax Market, by Distribution Channel (2022-2027) 6.4. European Hair Removal Wax Market, by End-user (2022-2027) 6.5. European Hair Removal Wax Market, by Country (2022-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Hair Removal Wax Market (2022-2027) 7.1. Asia Pacific Hair Removal Wax Market, by Type (2022-2027) 7.2. Asia Pacific Hair Removal Wax Market, by Application (2022-2027) 7.3. Asia Pacific Hair Removal Wax Market, by Distribution Channel (2022-2027) 7.4. Asia Pacific Hair Removal Wax Market, by End-user (2022-2027) 7.5. Asia Pacific Hair Removal Wax Market, by Country (2022-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Hair Removal Wax Market (2022-2027) 8.1 Middle East and Africa Hair Removal Wax Market, by Type (2022-2027) 8.2. Middle East and Africa Hair Removal Wax Market, by Application (2022-2027) 8.3. Middle East and Africa Hair Removal Wax Market, by Distribution Channel (2022-2027) 8.4. Middle East and Africa Hair Removal Wax Market, by End-user (2022-2027) 8.5. Middle East and Africa Hair Removal Wax Market, by Country (2022-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Hair Removal Wax Market (2022-2027) 9.1. South America Hair Removal Wax Market, by Type (2022-2027) 9.2. South America Hair Removal Wax Market, by Application (2022-2027) 9.3. South America Hair Removal Wax Market, by Distribution Channel (2022-2027) 9.4. South America Hair Removal Wax Market, by End-user (2022-2027) 9.5. South America Hair Removal Wax Market, by Country (2022-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 American International Industries 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Church & Dwight Co., Inc. 10.3 LOreal International 10.4 Darent Wax 10.5 RICA 10.6 Coloris Sp. z o.o. 10.7 FILO BIANCO S.r.l. (Italwax) 10.8 GiGi 10.9 Harley Waxing UK 10.10 Jax Wax Australia 10.11 Karaver 10.12 Marzena BodyCare Products 10.13 Parissa Laboratories Inc. 10.14 Perron Rigot 10.15 Reckitt Benckiser Group PLC 10.16 Sally Hansen Inc. 10.17 Starpil Wax Co. 10.18 Sue Ismiel and Daughters (Nad's) 10.19 The Darent Wax Co., Ltd. 10.20 Xanitalia Srl

About This Report

Report ID 21710
Category Consumer Goods & Services
Published Date September 2019
Updated Date April 2022
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