Global Hair Removal Wax Market Size, Share & Industry Trends Analysis Report By Gender (Female and Male), By Type, By Distribution Channel, By Regional Outlook and Forecast, 2022 - 2028

Global Hair Removal Wax Market Size, Share & Industry Trends Analysis Report By Gender (Female and Male), By Type, By Distribution Channel, By Regional Outlook and Forecast, 2022 - 2028

The Global Hair Removal Wax Market size is expected to reach $4.5 billion by 2028, rising at a market growth of 7.9% CAGR during the forecast period.

Waxing is a method of removing unwanted hair from the roots, using hair removal wax. When applied to the skin, wax is a sticky substance that sticks to body hair. The hair from the follicle is removed by pulling on its covering. Wax for hair removal is a semi-permanent way to get rid of unwanted hair. For two to eight weeks after waxing, hair does not grow in that area. Nevertheless, in some people, hair regrowth begins within a week. Almost any place can be treated with hair removal wax, including the brow, arm, face, abdomen, intimate area, and feet. The skin has a thin layer of wax applied to it. After that, a paper or fabric strip is pushed onto the wax layer. The strip of paper or fabric is then torn off in the direction of hair growth. Hair and wax are both removed in this way.

The three main market trends and drivers for hair removal wax are an improving economy, rapid ageing of the population, and rising disposable income. The hair removal wax market is anticipated to rise as the hair removal wax business gradually matures in developed economies. The market for hair removal wax has grown as a result of consumers' increased purchasing power, especially among women, who are now able to afford some luxuries like visiting a salon for wax hair removal. Additionally, the increase in the proportion of working women has promoted market growth.

One of the most widely used waxing techniques now on the market is warm waxing. A paper strip is used to help remove the hair after the warm wax has been applied to the body. Sometimes people confuse warm wax with hot wax, which is applied to the body before cooling and setting on the skin. Depending on their skin type, many people prefer the wax since it removes hair directly from the skin. The most popular technique is waxing because it produces a long-lasting result & an incredibly smooth finish. Over the forecast period, the market for hair removal wax is estimated to grow as a result of various waxing techniques and their lasting benefits.

COVID-19 Impact Analysis

Almost all industries have been affected by the COVID-19 pandemic, either favorably or unfavorably. Sales of necessities like food, medicine, & healthcare equipment have surged. The supply & demand of lifestyle goods has been impeded. Daily necessities as well as cleanliness and health items have seen growth as a result of the COVID-19 virus spreading over the world. Since wax for hair removal is now a part of hygiene goods, the market for those items has seen a considerable uptick in growth. However, the lockdown situation has hampered wax product production as well as the supply chain, leading to a shortage of goods in the market.

Market Growth Factors

Changing Lifestyles Would Surge The Product Demand

The demand for hair removal waxing products is mostly driven by the need to preserve a well-groomed physical appearance. Consumers' purchasing power is increasing as a result of changing lifestyles, rising standards of living, and increasing spendable income. This has an impact on customer expenditure on hair removal services at salons or spas. Many professional spas & salons purchase hair removal products. In the near future, this is predicted to have a continuous impact on the market for hair removal wax.

Growing Demand For Ready-To-Use Wax Strips

Ready-to-use waxing strips are a hair removal method that already has wax on them, saving the inconvenience of having to heat and apply wax while removing hair. In the long term, pre-made wax strips are more effective. For the majority of body parts, including the bikini area, face, underarms, & legs, pre-made wax strips are preferred because they are available in a range of sizes and forms. These cold wax strips may rapidly & easily remove hair from large areas when used at home.

Market Restraining Factors

Access To Alternative Products

Due to rising customer choice, non-invasive and non-surgical methods of hair removal are becoming more and more popular. Alternatives to waxing include shaving, lotions, and laser-based hair removal techniques because they are less painful and also don't cause skin irritation or abrasions. In order to remove unwanted hair, both men and women utilize shaving techniques such as razors and hair removal creams because they are less expensive and simpler to use. This is considered to be a significant factor that can restrain the growth of the hair removal wax market.

Type Outlook

On the basis of type, the hair removal wax market is segmented into hard wax, soft wax & premade wax strips. The soft wax segment dominated the hair removal wax market in 2021 with the maximum revenue share. Soft wax can be used on larger areas such as legs, back and arms. The main factor responsible for surging the demand for soft wax is that it is comparatively more affordable than hard wax. Also, soft wax can be used even in low temperature which is further supporting the market expansion in this segment.

Gender Outlook

By gender, the hair removal wax market is divided into female & male. The male segment covered a substantial revenue share in the hair removal market in 2021. The use of the product is increased by the adoption of hair removal wax by the male population of the world. Also, the fashion trends that encourage less hair on men's bodies gain more recognition, due to which the men's market is increasingly showing signs of good growth.

Distribution Channels Outlook

Based on distribution channels, the hair removal wax market is classified into hypermarkets/ supermarkets, specialty stores, pharmacies, online sales channels & others. In 2021, the specialty stores segment procured a substantial revenue share in the hair removal wax market. A specialty store is a business that sells a wide variety of brands, designs, or products from a small range of product categories. The sale of hair removal wax from specialty stores is growing because of the availability of a wide range of products.

Regional Outlook

Region-wise, the hair removal wax market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2021, the North America region witnessed the largest revenue share in the hair removal wax market. Due to advancements in hair removal techniques, North America is anticipated to have a high demand for hair removal wax. This region is home to Hollywood, the center of the entertainment industry, making it a crucial market for such kinds of products. Hollywood has a significant role in promoting standards of beauty both domestically and overseas, in addition to acting as a consumer.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Church & Dwight Co., Inc., American International Group, Inc., Reckitt Benckiser Group PLC, Coty, Inc., SI&D (Aust) Pty Ltd, The Darent Wax Company Ltd., Starpil Wax Co., Rica Group, Marzena Bodycare Australasia, and Filo Bianco S.r.l.

Scope of the Study

Market Segments covered in the Report:

By Gender

  • Female
  • Male
By Type
  • Soft Wax
  • Hard Wax
  • Premade Wax Strips
By Distribution Channel
  • Hypermarkets/ Supermarkets
  • Specialty Stores
  • Pharmacies
  • Online Sales Channel
  • Others
By Geography
  • North America
US

Canada

Mexico

Rest of North America
  • Europe
Germany

UK

France

Russia

Spain

Italy

Rest of Europe
  • Asia Pacific
China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific
  • LAMEA
Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled
  • Church & Dwight Co., Inc.
  • American International Group, Inc.
  • Reckitt Benckiser Group PLC
  • Coty, Inc.
  • SI&D (Aust) Pty Ltd
  • The Darent Wax Company Ltd.
  • Starpil Wax Co.
  • Rica Group
  • Marzena Bodycare Australasia
  • Filo Bianco S.r.l.
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Hair Removal Wax Market, by Gender
1.4.2 Global Hair Removal Wax Market, by Type
1.4.3 Global Hair Removal Wax Market, by Distribution Channel
1.4.4 Global Hair Removal Wax Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Hair Removal Wax Market by Gender
3.1 Global Female Market by Region
3.2 Global Male Market by Region
Chapter 4. Global Hair Removal Wax Market by Type
4.1 Global Soft Wax Market by Region
4.2 Global Hard Wax Market by Region
4.3 Global Premade Wax Strips Market by Region
Chapter 5. Global Hair Removal Wax Market by Distribution Channel
5.1 Global Hypermarkets/ Supermarkets Market by Region
5.2 Global Specialty Stores Market by Region
5.3 Global Pharmacies Market by Region
5.4 Global Online Sales Channel Market by Region
5.5 Global Others Market by Region
Chapter 6. Global Hair Removal Wax Market by Region
6.1 North America Hair Removal Wax Market
6.1.1 North America Hair Removal Wax Market by Gender
6.1.1.1 North America Female Market by Country
6.1.1.2 North America Male Market by Country
6.1.2 North America Hair Removal Wax Market by Type
6.1.2.1 North America Soft Wax Market by Country
6.1.2.2 North America Hard Wax Market by Country
6.1.2.3 North America Premade Wax Strips Market by Country
6.1.3 North America Hair Removal Wax Market by Distribution Channel
6.1.3.1 North America Hypermarkets/ Supermarkets Market by Country
6.1.3.2 North America Specialty Stores Market by Country
6.1.3.3 North America Pharmacies Market by Country
6.1.3.4 North America Online Sales Channel Market by Country
6.1.3.5 North America Others Market by Country
6.1.4 North America Hair Removal Wax Market by Country
6.1.4.1 US Hair Removal Wax Market
6.1.4.1.1 US Hair Removal Wax Market by Gender
6.1.4.1.2 US Hair Removal Wax Market by Type
6.1.4.1.3 US Hair Removal Wax Market by Distribution Channel
6.1.4.2 Canada Hair Removal Wax Market
6.1.4.2.1 Canada Hair Removal Wax Market by Gender
6.1.4.2.2 Canada Hair Removal Wax Market by Type
6.1.4.2.3 Canada Hair Removal Wax Market by Distribution Channel
6.1.4.3 Mexico Hair Removal Wax Market
6.1.4.3.1 Mexico Hair Removal Wax Market by Gender
6.1.4.3.2 Mexico Hair Removal Wax Market by Type
6.1.4.3.3 Mexico Hair Removal Wax Market by Distribution Channel
6.1.4.4 Rest of North America Hair Removal Wax Market
6.1.4.4.1 Rest of North America Hair Removal Wax Market by Gender
6.1.4.4.2 Rest of North America Hair Removal Wax Market by Type
6.1.4.4.3 Rest of North America Hair Removal Wax Market by Distribution Channel
6.2 Europe Hair Removal Wax Market
6.2.1 Europe Hair Removal Wax Market by Gender
6.2.1.1 Europe Female Market by Country
6.2.1.2 Europe Male Market by Country
6.2.2 Europe Hair Removal Wax Market by Type
6.2.2.1 Europe Soft Wax Market by Country
6.2.2.2 Europe Hard Wax Market by Country
6.2.2.3 Europe Premade Wax Strips Market by Country
6.2.3 Europe Hair Removal Wax Market by Distribution Channel
6.2.3.1 Europe Hypermarkets/ Supermarkets Market by Country
6.2.3.2 Europe Specialty Stores Market by Country
6.2.3.3 Europe Pharmacies Market by Country
6.2.3.4 Europe Online Sales Channel Market by Country
6.2.3.5 Europe Others Market by Country
6.2.4 Europe Hair Removal Wax Market by Country
6.2.4.1 Germany Hair Removal Wax Market
6.2.4.1.1 Germany Hair Removal Wax Market by Gender
6.2.4.1.2 Germany Hair Removal Wax Market by Type
6.2.4.1.3 Germany Hair Removal Wax Market by Distribution Channel
6.2.4.2 UK Hair Removal Wax Market
6.2.4.2.1 UK Hair Removal Wax Market by Gender
6.2.4.2.2 UK Hair Removal Wax Market by Type
6.2.4.2.3 UK Hair Removal Wax Market by Distribution Channel
6.2.4.3 France Hair Removal Wax Market
6.2.4.3.1 France Hair Removal Wax Market by Gender
6.2.4.3.2 France Hair Removal Wax Market by Type
6.2.4.3.3 France Hair Removal Wax Market by Distribution Channel
6.2.4.4 Russia Hair Removal Wax Market
6.2.4.4.1 Russia Hair Removal Wax Market by Gender
6.2.4.4.2 Russia Hair Removal Wax Market by Type
6.2.4.4.3 Russia Hair Removal Wax Market by Distribution Channel
6.2.4.5 Spain Hair Removal Wax Market
6.2.4.5.1 Spain Hair Removal Wax Market by Gender
6.2.4.5.2 Spain Hair Removal Wax Market by Type
6.2.4.5.3 Spain Hair Removal Wax Market by Distribution Channel
6.2.4.6 Italy Hair Removal Wax Market
6.2.4.6.1 Italy Hair Removal Wax Market by Gender
6.2.4.6.2 Italy Hair Removal Wax Market by Type
6.2.4.6.3 Italy Hair Removal Wax Market by Distribution Channel
6.2.4.7 Rest of Europe Hair Removal Wax Market
6.2.4.7.1 Rest of Europe Hair Removal Wax Market by Gender
6.2.4.7.2 Rest of Europe Hair Removal Wax Market by Type
6.2.4.7.3 Rest of Europe Hair Removal Wax Market by Distribution Channel
6.3 Asia Pacific Hair Removal Wax Market
6.3.1 Asia Pacific Hair Removal Wax Market by Gender
6.3.1.1 Asia Pacific Female Market by Country
6.3.1.2 Asia Pacific Male Market by Country
6.3.2 Asia Pacific Hair Removal Wax Market by Type
6.3.2.1 Asia Pacific Soft Wax Market by Country
6.3.2.2 Asia Pacific Hard Wax Market by Country
6.3.2.3 Asia Pacific Premade Wax Strips Market by Country
6.3.3 Asia Pacific Hair Removal Wax Market by Distribution Channel
6.3.3.1 Asia Pacific Hypermarkets/ Supermarkets Market by Country
6.3.3.2 Asia Pacific Specialty Stores Market by Country
6.3.3.3 Asia Pacific Pharmacies Market by Country
6.3.3.4 Asia Pacific Online Sales Channel Market by Country
6.3.3.5 Asia Pacific Others Market by Country
6.3.4 Asia Pacific Hair Removal Wax Market by Country
6.3.4.1 China Hair Removal Wax Market
6.3.4.1.1 China Hair Removal Wax Market by Gender
6.3.4.1.2 China Hair Removal Wax Market by Type
6.3.4.1.3 China Hair Removal Wax Market by Distribution Channel
6.3.4.2 Japan Hair Removal Wax Market
6.3.4.2.1 Japan Hair Removal Wax Market by Gender
6.3.4.2.2 Japan Hair Removal Wax Market by Type
6.3.4.2.3 Japan Hair Removal Wax Market by Distribution Channel
6.3.4.3 India Hair Removal Wax Market
6.3.4.3.1 India Hair Removal Wax Market by Gender
6.3.4.3.2 India Hair Removal Wax Market by Type
6.3.4.3.3 India Hair Removal Wax Market by Distribution Channel
6.3.4.4 South Korea Hair Removal Wax Market
6.3.4.4.1 South Korea Hair Removal Wax Market by Gender
6.3.4.4.2 South Korea Hair Removal Wax Market by Type
6.3.4.4.3 South Korea Hair Removal Wax Market by Distribution Channel
6.3.4.5 Singapore Hair Removal Wax Market
6.3.4.5.1 Singapore Hair Removal Wax Market by Gender
6.3.4.5.2 Singapore Hair Removal Wax Market by Type
6.3.4.5.3 Singapore Hair Removal Wax Market by Distribution Channel
6.3.4.6 Malaysia Hair Removal Wax Market
6.3.4.6.1 Malaysia Hair Removal Wax Market by Gender
6.3.4.6.2 Malaysia Hair Removal Wax Market by Type
6.3.4.6.3 Malaysia Hair Removal Wax Market by Distribution Channel
6.3.4.7 Rest of Asia Pacific Hair Removal Wax Market
6.3.4.7.1 Rest of Asia Pacific Hair Removal Wax Market by Gender
6.3.4.7.2 Rest of Asia Pacific Hair Removal Wax Market by Type
6.3.4.7.3 Rest of Asia Pacific Hair Removal Wax Market by Distribution Channel
6.4 LAMEA Hair Removal Wax Market
6.4.1 LAMEA Hair Removal Wax Market by Gender
6.4.1.1 LAMEA Female Market by Country
6.4.1.2 LAMEA Male Market by Country
6.4.2 LAMEA Hair Removal Wax Market by Type
6.4.2.1 LAMEA Soft Wax Market by Country
6.4.2.2 LAMEA Hard Wax Market by Country
6.4.2.3 LAMEA Premade Wax Strips Market by Country
6.4.3 LAMEA Hair Removal Wax Market by Distribution Channel
6.4.3.1 LAMEA Hypermarkets/ Supermarkets Market by Country
6.4.3.2 LAMEA Specialty Stores Market by Country
6.4.3.3 LAMEA Pharmacies Market by Country
6.4.3.4 LAMEA Online Sales Channel Market by Country
6.4.3.5 LAMEA Others Market by Country
6.4.4 LAMEA Hair Removal Wax Market by Country
6.4.4.1 Brazil Hair Removal Wax Market
6.4.4.1.1 Brazil Hair Removal Wax Market by Gender
6.4.4.1.2 Brazil Hair Removal Wax Market by Type
6.4.4.1.3 Brazil Hair Removal Wax Market by Distribution Channel
6.4.4.2 Argentina Hair Removal Wax Market
6.4.4.2.1 Argentina Hair Removal Wax Market by Gender
6.4.4.2.2 Argentina Hair Removal Wax Market by Type
6.4.4.2.3 Argentina Hair Removal Wax Market by Distribution Channel
6.4.4.3 UAE Hair Removal Wax Market
6.4.4.3.1 UAE Hair Removal Wax Market by Gender
6.4.4.3.2 UAE Hair Removal Wax Market by Type
6.4.4.3.3 UAE Hair Removal Wax Market by Distribution Channel
6.4.4.4 Saudi Arabia Hair Removal Wax Market
6.4.4.4.1 Saudi Arabia Hair Removal Wax Market by Gender
6.4.4.4.2 Saudi Arabia Hair Removal Wax Market by Type
6.4.4.4.3 Saudi Arabia Hair Removal Wax Market by Distribution Channel
6.4.4.5 South Africa Hair Removal Wax Market
6.4.4.5.1 South Africa Hair Removal Wax Market by Gender
6.4.4.5.2 South Africa Hair Removal Wax Market by Type
6.4.4.5.3 South Africa Hair Removal Wax Market by Distribution Channel
6.4.4.6 Nigeria Hair Removal Wax Market
6.4.4.6.1 Nigeria Hair Removal Wax Market by Gender
6.4.4.6.2 Nigeria Hair Removal Wax Market by Type
6.4.4.6.3 Nigeria Hair Removal Wax Market by Distribution Channel
6.4.4.7 Rest of LAMEA Hair Removal Wax Market
6.4.4.7.1 Rest of LAMEA Hair Removal Wax Market by Gender
6.4.4.7.2 Rest of LAMEA Hair Removal Wax Market by Type
6.4.4.7.3 Rest of LAMEA Hair Removal Wax Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Church and Dwight Co., Inc. (Nair)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Geographical Expansions:
7.2 American International Group, Inc. (AIG)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Recent strategies and developments:
7.2.5 SWOT Analysis
7.3 Reckitt Benckiser Group PLC (Veet)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.4 Coty, Inc. (JAB Cosmetics B.V.) (Sally Hansen Inc.)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.5 SI&D (Aust) Pty Ltd (Sue Ismiel & Daughters)
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Geographical Expansions:
7.6 The Darent Wax Company Ltd.
7.6.1 Company Overview
7.7 Starpil Wax Co. (Maystar Group)
7.7.1 Company Overview
7.8 Rica Group
7.8.1 Company Overview
7.9 Marzena Bodycare Australasia
7.9.1 Company Overview
7.10. Filo Bianco S.r.l. (Italwax)
7.10.1 Company Overview

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