Beard Care Products Market Size, Rising demand, Status with key players & Forecast to 2025

The global beard care products market size is expected to reach USD 4.02 billion by 2025 registering a CAGR of 7.7%, according to a new report by Radiant Insights, Inc. Rapid urbanization and changing lifestyles are the key factors propelling the growth of this market. Growing target population across the globe will fuel the product demand further.Worldwide Beard Care Products Market Size, Share, Growth and Forecast 2019 to 2025The global beard care products market size is expected to reach USD 4.02 billion by 2025 registering a CAGR of 7.7%, according to a new report by Radiant Insights, Inc. Rapid urbanization and changing lifestyles are the key factors propelling the growth of this market. Growing target population across the globe will fuel the product demand further.

Moreover, impact of social media, digital marketing, and celebrity endorsements will also help spur the market growth. Rising image-consciousness and awareness about the availability of various beard care and grooming products, such as oil, wax, and shampoos, are projected to boost the demand further. A number of prominent manufacturers are investing in R&D to develop organic products as a result of rising awareness about the adverse effects caused by chemical-based products.

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Thus, constant innovations will also have a positive impact on the product demand and industry growth. For instance, Beard Wax from The Man Company is a 100% natural product made of argan and geranium. L'Oreal launched BarberClub Long Beard & Skin Oil, which is made of organic ingredients and does not include silicone, colorants, or parabens.

Based on product type, wax & cream is anticipated to be the fastest-growing segment over the forecast period. This growth is attributed to rising popularity of beard wax and creams due to their benefits like softer beard, as well as skin. Europe held the largest market share in 2018. The market growth is majorly influenced by various beard and moustache championships hosted in Europe such as 'World Beard and Mustache Championship' and 'Braw Beard and Moustache Championships'.

Further key findings from the study suggest:

• In terms of sales,wax & cream product segment is projected to grow at a CAGR of 8.7% from 2019 to 2025

• Convenience stores was the dominant distribution channel segment in 2018 and accounted for a share of over 45.0%

• Europe region led the global beard care products market in 2018 and held a share of 44.5%

• Some of the key companies in the market are L'Oreal S.A.; Revlon, Inc.; Unilever; Edgewell Personal Care; The Estee Lauder Companies, Inc.; Honest Amish; and Wild Willies

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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

Chapter 3. Beard Care Products Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Beard Care Products Market
3.7. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations

Chapter 5. Beard Care Products Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2018 & 2025
5.2. Wax & Cream
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.3. Oil
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.4. Shampoo & Conditioner
5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.5. Others
5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)

Chapter 6. Beard Care Products Market: Distribution Channel Estimates & Trend Analysis
6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
6.2. Supermarkets/hypermarkets
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3. Convenience stores
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.4. Online
6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)

Continued…

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