The Men Personal Care Market is Predict to reach $238.7 Billion by 2030, at a CAGR of 6.8%

Men Personal Care Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Men Personal Care Market size is expected to reach $238.7 billion by 2030, rising at a market growth of 6.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 10,618.6 million Units experiencing a growth of 6.8% (2019-2022).

The Medium segment is experiencing a CAGR of 7.1% during (2023 - 2030). Medium-priced products offer a balance between quality and affordability. They appeal to consumers seeking better quality formulations, ingredients, and performance without the premium price tag associated with luxury products. They expect higher quality, more advanced formulations, and better efficacy while still being reasonably priced. The men's grooming industry has seen significant expansion, and medium-priced products play a pivotal role in this growth. These products cater to a wider audience, including professionals, young adults, and individuals seeking better quality without high-end prices.

The Skin care segment is generating highest revenue in the Global Men Personal Care Market by Product in 2022; thereby, achieving a market value of $64.6 billion by 2030. There has been a significant shift in societal attitudes towards male grooming. Men today are more open to investing time and resources in their care routines, including skincare. The stigma around men's skincare has diminished, encouraging more men to explore and adopt skincare products. These factors will boost the demand in the segment.

The Specialty Stores segment would exhibit a CAGR of 7.2% during (2023 - 2030). Specialty stores often employ knowledgeable staff who can provide personalized recommendations and guidance tailored to individual needs. This expert advice can assist men in selecting products suitable for their specific skin type, hair concerns, or grooming preferences. Some specialty stores provide loyalty programs, discounts, or special offers for regular customers. This can incentivize repeat purchases and provide additional value to shoppers. These stores often offer trial sizes or samples of products, allowing customers to test items before committing to a full-sized purchase. This practice enables men to explore different products and find what works best for them without investing in full-size products initially.

The North America region dominated the Global Men Personal Care Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $80.4 billion by 2030. The Europe market is anticipated to grow a CAGR of 6.4% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 7.6% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/men-personal-care-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Shiseido Company Limited, The Colgate-Palmolive Company, Kao Corporation, Avon Products, Inc. (Natura &Co Holding S.A.), Unilever PLC, The Procter and Gamble Company, The Estee Lauder Companies, Inc., Johnson & Johnson, Reckitt Benckiser Group PLC, and L'Oréal S.A.

Global Men Personal Care Market Segmentation

By Price Range (Volume, Million Units, USD Billion/Million, 2019-2030)

• Low
• Medium
• High

By Product (Volume, Million Units, USD Billion/Million, 2019-2030)

• Skin care
  • Face & Neck Cream / Lotions
  • Body & Head Cream / Lotions
  • Cleansers & Moisturizers
• Hair Care
  • Shampoo & Rinses
  • Hair Gel
  • Hair Conditioner
  • Hair Sprays & Creams
  • Hair Dyes & Colors
• Personal Cleanliness
  • Fragrances
  • Soaps
  • Body Powder
• Shaving
  • Shaving Cream
  • Shaving Soaps
  • Shaving Lotion
  • Others
• Others
  • Mouth Washes & Breath Fresheners
  • Dental Care Tools
  • Facial Makeup
  • Others

By Distribution Channel (Volume, Million Units, USD Billion/Million, 2019-2030)

• Hypermarkets & Supermarkets
• Specialty Stores
• Convenience Stores
• Online Sales Channel
• Others

By Geography (Volume, Million Units, USD Billion/Million, 2019-2030)

• 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

• Shiseido Company Limited
• The Colgate-Palmolive Company
• Kao Corporation
• Avon Products, Inc. (Natura &Co Holding S.A.)
• Unilever PLC
• The Procter and Gamble Company
• The Estee Lauder Companies, Inc.
• Johnson & Johnson
• Reckitt Benckiser Group PLC
• L'Oréal S.A.

Related Reports:

North America Men Personal Care Market Size & Forecast, 2030

• November-2023
• 225 Pages

LAMEA Men Personal Care Market Size, Share & Trends to 2030

• November-2023
• 275 Pages

Europe Men Personal Care Market Size & Share, Growth to 2030

• November-2023
• 273 Pages

Asia Pacific Men Personal Care Market Size Report 2023-2030

• November-2023
• 277 Pages