Hair removal spray Market - Global Industry Analysis

Hair removal spray Market

Hair removal spray Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2028

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-6886 Status : Upcoming

Description

Global Hair Removal Spray Market: Overview

The global market for hair removal spray is expected to expand at a CAGR of 3.9% during the forecast period. Hair removal spray is a sort of lotion that aids in the eradication of unsightly body hair. For the most part, waxing and threading are considered unpleasant methods of hair removal. Even shaving takes up a lot of time for consumers, thus it is not regarded as a favored method of hair removal. A hair removal spray gained popularity among ladies in this way. Not only does hair removal spray save time, but it also saves a lot of work.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Hair Removal Spray Market: Growth Factors

The global hair removal spray market is growing at a rapid rate. Hair removal spray is in high demand due to rapid changes in lifestyle and the rising influence of hygiene products & personal care products. The rising popularity of beauty goods, as well as the growing desire for attractiveness, are having a stronger influence on personal care products, which is propelling the hair removal spray market even further. In addition to this, hair removal spray is most prominent among women, but it is increasingly becoming more popular among men. Both men and women have been affected by rising beauty consciousness and attractiveness and this, in turn, is driving the market for hair removal spray. Further, increased demand for hair removal spray prompted manufacturers to develop new products or add new features. Key players are focusing on the low to high-income class thereby manufacturing hair removal spray at an affordable price Also, an increase in disposable income in developing countries has led to rise in purchasing power on personal care products such as hair removal spray. Also, rising prices of beauty salons have led to increase in the adoption of hair removal sprays. All these factors are fostering market growth. Furthermore, a rise in e-commerce sales of the product with favorable marketing strategies is likely to boost the global hair removal spray market during the forecast period. However, growing inclination towards natural or organic products may impede the growth of the global hair removal spray market.

Like many other industries COVID-19 pandemic severely affected the growth of the worldwide hair removal spray market. Key factors accountable for the slow growth of the market during the pandemic period include the shortage of products in local outlets, retail shops, and supermarkets. This is due to the halt in the manufacturing process, logistic restrictions, and labor shortage. Besides, many people focused on spending on essential products during the pandemic period which is also affected the sale of hair removal spray.

Global Hair Removal Spray Market: Segmentation

The global hair removal spray market is classified based on type, application, sales channel, and region. Based on type, the hair removal spray is split into women, men, and unisex. The application segment is categorized into spa & salon, household, and others. The sales channels involved in the hair removal spray market include online, multi-brand stores, specialty stores, and hypermarket/supermarkets.

Global Hair Removal Spray Market: Regional Analysis

The presence of a significant number of young people in Asia Pacific is likely to drive considerable development in the worldwide market. This is also expected to an increased usage of hair removal products in the region over the forecast period. The region's phenomenal expansion in the customer services industry, which includes delivery, healthcare, sales, beauty clinics, and other activities, has increased consumption. This is owing to a big number of businesses enforcing a stringent set of personal grooming guidelines, which includes keeping their hair short on their bodies. Europe is projected to dominate the global hair removal spray market with the largest usage of hair removal products. This is primarily attributed to high living standards, large spending power, and easy product availability through the vast network of supply chains.

Global Hair Removal Spray Market: Competitive Players

GiGi, Veet, Elite, Nair, Sally Hansen, Bliss, LCM laboratory, Kalo, Epil-Stop, and Nad are some of the dominant players that are operating in the global hair removal spray market. In Jan 2022, Nair, a hair removal brand, has revealed its entry in India. In addition to their hair removal creams, the business wants to expand its multi-benefit, blade-free, hair removal product portfolio in India, offering charcoal wax, hair removal sprays, and wax strips.

Global Hair Removal Spray Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

Hair removal spray is in high demand due to rapid changes in lifestyle and the rising influence of hygiene products and personal care products. The rising popularity of beauty goods, as well as the growing desire for attractiveness, are having a stronger influence on personal care products, which is propelling the hair removal spray market even further.  Furthermore, rise in e-commerce sales of the product with favorable marketing strategies is likely to boost the global hair removal spray market during the forecast period.

GiGi, Veet, Elite, Nair, Sally Hansen, Bliss, LCM laboratory, Kalo, Epil-Stop, and Nad are some of the dominant players that are operating in the global hair removal spray market.

The presence of a significant number of young people in Asia Pacific is likely to drive considerable development in the worldwide market. This is also expected to increased usage of hair removal products in the region over the forecast period. The region's phenomenal expansion in the customer services industry, which includes delivery, healthcare, sales, beauty clinics, and other activities, has increased consumption. This is owing to a big number of businesses enforcing a stringent set of personal grooming guidelines, which includes keeping their hair short on their bodies.

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