Men’s Grooming Industry Analysis And Insights In A New Research Study For Period 2017 – 2021

Posted on 2017-10-18 by Mark Hub in Retail // 0 Comments

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Albany, US, 2017-Oct-18 — /EPR Network/ — The men’s grooming industry is adapting to the evolving needs of consumers by changing layouts in brick and mortar stores, and targeted marketing. According to a new research report added to the repository of Market Research Hub (MRH), the global men’s grooming market is projected to increase at a steady CAGR during the forecast period 2017-2021. The report titled, “Global Men’s Grooming Industry 2017, Trends and Forecast Report” offers comprehensive and lucid insights on the future direction of this lucrative market.

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Men’s grooming market had for a long time remained relegated to shaving and fragrance; however, as demand from urban centers evolves, leading cosmetic brands have realized the multi-billion dollar opportunity. Male-specific skin-care products are witnessing an uptake in sales, and the trend is likely to continue during the foreseeable future.

The U.S., Western European countries, China, and India are among the lucrative markets for men’s grooming product manufacturers. While Western Europe and the U.S. are characterized by sales of premium and mid-priced products, China and India remain volume-driven markets. A trend which has contributed to sales of men’s grooming products in India is growing popularity of sporting a beard. In India, where a majority percentage of its over one billion people follows cricket passionately, beard sporting by cricketers has led to frenzied demand for beard grooming products.

According to the report, the global men’s grooming industry has benefitted from growing penetration of smartphone and internet. While physical retail stores remain one of the dominant sales channel, sales of men’s grooming products through online channels have been impressive. On account of the opportunities through online channels, a number of manufacturers are setting up their online ordering channels, while partnering with leading e-tailers such as Amazon to reach their target audience.

The report has segmented the global men’s grooming market on the basis of end-users and applications. The key segments based on end-users/applications are hair care, skin care, shaving, men’s grooming, application B, and application C. A detailed analysis on the growth of the market in these key segments is offered to readers in the report.

Browse Full Report with TOC:- https://www.marketresearchhub.com/report/global-mens-grooming-industry-2017-trends-and-forecast-report-report.html

The key companies in the global men’s grooming market have been profiled in the report. Some of the companies profiled include Shiseido, P&G, L’Oreal S.A. , Kao Corporation, Johnson & Johnson, and Unilever. Analysis of the key strategies, strengths, weaknesses, and general overview is offered to readers in the report.

Enquire About This Report: https://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=1339441

About Market Research Hub

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of retails industry reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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