Pre-Shave Care Market is Reaching US$ 13.4 Billion in 2032, at a Gracious Rate of 5.3% By The Year 2032 | Future Market Insights, Inc.

PRESS RELEASE
Published March 10, 2023

In 2022, the Pre-Shave Care Market is anticipated to be worth US$7.9 billion. The market is anticipated to grow at a 5.3% CAGR, reaching US$ 13.4 billion by 2032.

The market for pre-shave care should see potential for expansion due to rising demand for men’s grooming products. In order to meet the rising demand, manufacturers are funding R&D as well as promotional strategies.

The evolution of several male grooming products, including pre-shave care products, has been a result of the evolution of men’s grooming practises among all age groups.

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Additionally, customers are becoming more likely to have aromatherapy, facials, and pedicures. Due to increased urbanisation and an increasing trend toward individualism, sales of pre-shave care products for males are anticipated to increase dramatically.

In addition, the market is expanding as a result of the rising popularity of websites that offer products for men’s health and fitness as well as the expansion of publications devoted to men’s grooming and lifestyle.

Key Takeaways:

  • Based on product type, sales of pre-shave foam are projected to grow at a 5.6% CAGR over forecast period.
  • By nature, demand in the natural segment will increase at a 7.9% CAGR over the forecast period.
  • In terms of price range, the mid-range segment will account for 55.6% of the total market share in 2022.
  • Based on sales channel, sales in the online segment will grow at a 8.3% CAGR through 2032.
  • The U.S. pre-shave care market accounted for 87.9% of the North America market share in 2021.
  • Germany held over 25.7% of the Europe pre-shave care market in 2021, and the trend is expected to continue over the forecast period.
  • In 2021, India accounted for 37.7% of the South Asia pre-shave care in 2021, emerging as a lucrative pocket in the region.

Competition Landscape

Leading manufacturers of pre-shave products are focusing on aggressive promotional strategies, advertisements, and new product launches to improve sales in the market.

Major players present in the pre-shave care market are Claus Porto, Edgewell Personal Care Company, L’Oreal SA, Kiehl, Johnson & Johnson, Bold For Men, Energizer Holdings, Inc., Malhotra Shaving Products Ltd, Acqua DI Parma, Beiersdorf AG, Godrej Group and Siemens Healthcare among others.

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Global Pre-Shave Care Market by Category

By Product Type:

  • Pre-Shave Foam
  • Pre-Shave Cream
  • Pre-Shave Gel
  • Pre-Shave Soap
  • Other Pre-Shave Products

By Nature Type:

  • Natural/Organic
  • Conventional

By Consumer Orientation:

  • Men
  • Women

By Price Range:

  • Low
  • Medium
  • Premium

By Sales Channel:

  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Multi-Brand Stores
  • Salon/Grooming Clubs
  • Drug Stores & Pharmacies
  • Online Retailers
  • Other Sales Channel

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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