North America Hair Removal Wax Market Size, Share & Industry Trends Analysis Report By Gender (Female and Male), By Type, By Distribution Channel, By Country and Growth Forecast, 2022 - 2028
The North America Hair Removal Wax Market would witness market growth of 7.4% CAGR during the forecast period (2022-2028).
Young people's desire to seem attractive as well as comply with contemporary beauty standards, combined with changes in lifestyle, are fueling the growth of the hair removal wax business and raising awareness of personal cleanliness. There are many waxing products on the market. The hair removal wax market is anticipated to grow throughout the forecast period as researchers find innovative ways to make the product less irritating, more effective, & last longer.
Brazilian waxing is growing in popularity, and many women include it heavily in their cosmetic regimens. People prefer hard wax as it works better on delicate body areas like the face & bikini line. Brazilians are becoming more widely accepted around the world. In the last decade, there has been a significant surge in the popularity of hair removal.
Due to the growing number of grooming businesses in the region, including beauty salons, hair salons, laser treatment centers, and others, which are contributing significantly to the expanding demand, the regional hair removal wax market would expand in the coming years. The high per capita income in the region and high purchasing power for personal care items are causing the consumption of these items to increase. Licensed beauticians may rely on Beauty Image to provide them with the best waxes and waxing supplies for effective results anywhere in the United States.
The US market dominated the North America Hair Removal Wax Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,168 million by 2028. The Canada market is poised to grow at a CAGR of 9.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.8% during (2022 - 2028).
Based on Gender, the market is segmented into Female and Male. Based on Type, the market is segmented into Soft Wax, Hard Wax, and Premade Wax Strips. Based on Distribution Channel, the market is segmented into Hypermarkets/ Supermarkets, Specialty Stores, Pharmacies, Online Sales Channel, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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
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