Global Beard Grooming Market

Beard Grooming Market Size, Share, Growth Analysis, By Product(Beard Oil, Beard Shampoo, Shaving Cream, Trimmer), By End User(Personal, Commercial), By Distribution Channel(Hypermarket/Supermarket, Specialty Store, Online Store, Others), By Region - Industry Forecast 2024-2031


Report ID: SQMIG25J2058 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 94 | Figures: 71

Beard Grooming Market Insights

Global Beard Grooming Market size was valued at USD 21.87 billion in 2022 and is poised to grow from USD 23.44 billion in 2023 to USD 40.89 billion by 2031, growing at a CAGR of 7.20% in the forecast period (2024-2031).

The surge in beard grooming product sales reflects a cultural shift where men embrace beards as a defining fashion choice. The evolving perception of beards as symbols of masculinity has fueled this trend. With an increasing preference for organic grooming, customers are drawn towards natural alternatives, eschewing synthetic products known for their adverse effects. The allure lies in the purity and adherence to stringent criteria set by regulatory bodies worldwide, prompting a widespread embrace of organic beard care products in response to concerns about the downsides of synthetic options.

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Beard Grooming Market size was valued at USD 21.87 billion in 2022 and is poised to grow from USD 23.44 billion in 2023 to USD 40.89 billion by 2031, growing at a CAGR of 7.20% in the forecast period (2024-2031).

The competitive environment of the Beard Grooming Market is characterized by a dynamic interplay of key players and evolving strategies within the food processing industry. Innovation is a key competitive factor. smaller and niche players are making a notable impact by focusing on specialized solutions. 'The Famous Beard Oil Company', 'The Man Company', 'Beardbrand', 'The Bearded Bastard', 'Texas Beard Company', 'Billy Jealousy', 'Smoky Mountain Beard Co.', 'Scotch Porter', 'Honest Amish', 'Murdock London', 'Viking Beard Stuff', 'Robin Hood Beard Company Ltd.', 'Wahl Ltd.', 'Koninklijke Philips N.V.', 'Panasonic'

The increasing consciousness about personal grooming among men is a significant driver propelling the demand for beard care products. As men become more attentive to their grooming routines, the beard care segment experiences substantial growth within the broader personal grooming industry. This surge is further fueled by the growing influence of social media, digital marketing, and celebrity endorsements.

In recent times, there's a noticeable shift in men's attitudes towards their appearance, evident in their increased awareness and dedication to grooming routines. Surveys indicate that men, on average, allocate a significant amount of time—around 16 minutes—to their grooming rituals. This heightened consciousness about grooming translates into a willingness to invest in quality grooming products.

Europe has established itself as a dominant force in the beard grooming market, reflected in the substantial valuation of the men's personal care market, reaching $29.6 billion in 2022. The region has witnessed a noteworthy surge in male grooming practices, with a growing number of European men exploring a diverse range of personal care products available in the market.

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Global Beard Grooming Market

Report ID: SQMIG25J2058

$5,300
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