Global Hair Removal Products Market Size, Trends and Growth Opportunity, By Product (Creams,Ready To Use Wax Strips, Electronic Devices and Razor), By Gender (Men and Women) By End-User(Clinics And Dermatology Clinics) By Region and Forecast Till 2027

Global Hair Removal Products Market Size, Trends and Growth Opportunity, By Product (Creams,

Ready To Use Wax Strips, Electronic Devices and Razor), By Gender (Men and Women) By End-User

(Clinics And Dermatology Clinics) By Region and Forecast Till 2027

Global Hair Removal Products Market

The global hair removal products market was valued at US$ 3889.10 million in 2021 and it is

expected to reach at US$ 5182.06 million in 2027 at a CAGR of 7.6% during forecast period 2022-

2027.

Increasing awareness with respect to personal grooming and enrichment of elegant looks escalating

the demand for hair removal products. Rise in disposable income and increasing expenditure on

personal care products by consumer are propelling the growth of this market. It offers wide range of

variety such as creams, razor, electronic devices and wax strips. There is a need and demand for this

product especially in leisure and hospitality sector to look presentable.

Market Drivers

Due to busy lifestyle and increasing demand for convenient grooming products have surge the

companies to introduce technically advanced epilators. Rising acceptance of hair removal products

in men is also a key factor in influencing the growth of this market. Moreover, various types of

brands coming up with creative marketing strategies such as free discounts, buy one get one free

among consumer are helping to generate more traction. These are some of the factors which

boosting the growth of hair removal products market.

Market Restraint

The use of raw materials such as metals, organic material, chemicals and others that are becoming

less abundant in nature have a negative impact on cost of the product. Rising cost on shipment of

raw material and import and export of raw material between countries is expected to rise the cost of

raw material which hampering the growth of this market.

COVID-19 Impact on Hair Removal Products Market

With the outbreak of covid-19 the market impacted adversely due to lockdown imposed by

government several beauty salons, barbers and beauty parlors shutdown. But the e-commerce

websites are experiencing a massive growth in purchase of grooming products.

Market Segmentation

The global hair removal products market segmented on the basis of products, gender and end-user.

On the basis of product, it segmented into creams, ready to use wax strips, electronic devices and

razor. On the basis of gender, it segmented into men and women. On the basis of end-user, it

segmented into beauty clinics and dermatology clinics.

Regional Analysis

The global hair removal products market segmented into five regions North America, Europe, Latin

America, Asia Pacific, Middle East and Africa. Asia Pacific is witnessing a significant growth the global

market due to increasing consumption of hair removal products among youth population. North

America is also witnessing a substantial growth due to rising number of grooming businesses.

Key Players

Various key players are listed in this report such as Reckitt Benckiser, Church & Dwight, Procter &Gamble, Philips, Emjoi, Sally Hansen, VI-John, Nads, Revitol, and Codream.

Market Taxonomy

By Product

• Creams
• Ready to use wax strips
• Electronic devices
• Razor

• Men
• Women

• Beauty Clinics
• Dermatology Clinics

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa