In a recent research report by Maximize Market Research, the Men’s Personal Care Market is expected to surpass US $76.4 billion by the year 2027, from US $50.24 billion in 2019.

Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 6.2%, during the tenure of 2021 – 2027.

The Men’s skincare market is currently valued at US$ 12.47 Bn. and is expected to reach US $ 19 Billion by 2027 expanding at CAGR OF 6.2 % from 2020 to 2027. Recent studies show that around 193 new men’s personal care brands and products were launched between years 2018 to 2020.

Men personal care products are in high demand in the global men personal care market since increase in market trends and rise in disposable income. Acceptance towards hygiene and personal grooming has increased rapidly among men.

81.4 % of men worldwide believe following factors influence their decision to purchase products, these factors are health, hygiene and appearance. By Age group, The largest share of men’s personal care marekt is held by  18 – 30 years age group. . 18-30 years age group is expected to grow at CAGR of 9.24% during the forecast period.

One of the major factor leading to rise in men’s personal care market is disintegrating in gender stereotypes has begun rapidly and new products are being launched in market specifically targeting men.

The report published by Maximize encompasses the market dynamics, which could affect the market growth of Substation Maintenance in the region, the Value – Chain analysis, and the PORTER’s analysis for the Substation Maintenance market at a global level.

The study is consolidated on the basis of segments and further into sub-segments, by Product (Skincare, Hair care, Personal Grooming, others), by Distribution Channel (Hypermarket and supermarket, Pharmacy and drug stores, E-commerce, others), by Age Group (18-30 years, 31-58 years, 59 & above), by Region (North America, Europe, Asia Pacific, Middle East, Africa).

Men’s Personal Care Market 4

Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players – Proctor and Gamble, Reckitt Benckiser, Unilever, Loreal, Beiersdorf AG, Johnson & Johnson, Colgate-Palmolive, Kimberly Clark, Shiseido Company ltd., Amorepacific, Coty Inc., Estee Lauder Companies Inc., Edgewell Personal Care Company, Kao Corporation, DSM KON, Church and Dwight Company Inc., Gillette India ltd.

You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Men’s Personal Care Market.”

https://www.maximizemarketresearch.com/market-report/mens-personal-care-market/121722/

Contact:

MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Office no. 4,

Navale IT Zone Phase-2,

Mumbai -Bangalore bypass highway,

Pune- 411041

Maharashtra, India

+91 9607195908

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