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The personal care products for men market size is forecast to increase by USD 13.8 billion, at a CAGR of 7.1% between 2023 and 2028.
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The personal care products market for men continues to evolve, with a growing emphasis on herbal extracts, essential oils, and natural ingredients. These components are increasingly sought after for their ability to address skin irritation and enhance the overall grooming experience. Beard oil, for instance, has gained significant traction, offering men a solution to keep their facial hair healthy and well-groomed. Regulatory compliance plays a crucial role in this sector, with companies ensuring their products adhere to safety standards and consumer preferences. Styling creams, for example, are formulated to provide a natural hold without causing damage or irritation. Retail sales channels continue to expand, with e-commerce platforms driving growth and convenience.
Product innovation remains a key driver, with companies introducing new offerings such as eco-friendly packaging, recyclable materials, and organic ingredients. Lip balm, for instance, is now available in biodegradable tubes, appealing to consumers who prioritize sustainability. The supply chain and distribution channels are undergoing transformations, with an increasing focus on streamlining operations and reducing carbon footprint. Product innovation extends to packaging design, with pump dispensers and aerosol cans being replaced by more sustainable alternatives. Hair care products, such as hair gel and hair wax, are also evolving to cater to consumer demands. Pre-shave oil and face scrubs are gaining popularity, offering men a more comprehensive grooming routine.
The market for men's personal care products is dynamic, with new trends and patterns continually unfolding. Consumer preferences for natural and organic ingredients are shaping the market, leading to the development of face washes, body lotions, and hand creams that cater to sensitive skin. Pricing strategies and brand loyalty are also important considerations, with companies offering competitive pricing and targeted marketing campaigns to retain customers. The use of fragrance oils and synthetic ingredients continues to be a topic of debate, with consumers increasingly seeking out products with natural fragrances and minimal synthetic additives. Eye creams and body washes are among the categories that are seeing significant growth, as men look for products that cater to their specific grooming needs.
In the realm of bath and body care, bath salts and foot creams are gaining popularity, offering men a relaxing and rejuvenating experience. Quality control and safety standards remain a priority, with companies investing in rigorous testing and certification processes to ensure the safety and efficacy of their products. In conclusion, the personal care products market for men is a dynamic and evolving sector, with a focus on natural ingredients, eco-friendly packaging, and consumer preferences shaping the landscape. Companies are continually innovating to meet these demands, offering a wide range of products that cater to men's diverse grooming needs.
The future of this market is bright, with continued growth and transformation expected in the coming years.
The personal care products for men industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The skin care segment is estimated to witness significant growth during the forecast period.
The market encompasses a wide range of offerings, including beard oil, styling cream, lip balm, pre-shave oil, face scrub, face wash, body lotion, hand cream, aftershave lotion, eye cream, body wash, shaving cream, and various other grooming essentials. Natural ingredients, such as herbal extracts and essential oils, are increasingly preferred due to their potential benefits and minimal skin irritation. Regulatory compliance and eco-friendly packaging are essential considerations for market players. Product innovation is a key driver, with multifunctional skincare products experiencing significant demand. Consumer preferences lean towards decent-quality, value-added products at affordable prices. The consciousness of skin health has led to a rise in the use of organic ingredients and recyclable materials.
Growing disposable income, a rising middle-class population, urbanization, and heavy advertisements and promotions contribute to the market's expansion. Quality control, brand loyalty, and safety standards are crucial aspects of this competitive landscape. Pricing strategies and fragrance oils also play a role in product differentiation. The supply chain and distribution channels are intricately linked to market dynamics. Online sales and aerosol cans are emerging trends, while pump dispensers remain popular for various grooming products. Sensitive skin and synthetic ingredients are significant market challenges.
The Skin care segment was valued at USD 11.05 billion in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 38% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The personal care market for men in North America is experiencing steady growth, driven by the increasing popularity of fashion trends among millennial consumers. Hairstyles and haircuts, such as side partings and pompadours, are influencing the demand for hair care and styling products, including gels, wax, hair oils, serums, hair foams, and dry shampoos. Natural ingredients, such as herbal extracts and essential oils, are increasingly preferred in these products, reflecting a broader trend towards healthier and more sustainable personal care choices. Regulatory compliance is a key consideration in the market, with companies focusing on safety standards and quality control to meet consumer expectations.
Product innovation is another significant trend, with brands introducing eco-friendly packaging, such as recyclable materials, and catering to specific consumer preferences, such as sensitive skin and organic ingredients. Facial care products, including face wash, scrub, beard oil, pre-shave oil, aftershave lotion, and eye cream, are also gaining popularity. Hand cream, lip balm, body lotion, and body wash are other essential categories in the market. Consumers are increasingly seeking out pump dispensers and online sales channels for convenience. The supply chain and distribution channels are evolving, with an increasing focus on sustainability and efficiency. Aerosol cans and synthetic ingredients are being replaced with alternatives, such as refillable containers and natural formulations.
Brands are investing in marketing campaigns to build brand loyalty and differentiate themselves in a competitive market. Innovations in packaging design, such as minimalist and sustainable options, are also gaining traction. For instance, some brands are using biodegradable materials and reducing the use of plastics in their packaging. Overall, the personal care products market for men in North America is expected to remain dynamic, with a focus on natural ingredients, regulatory compliance, and product innovation.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The personal care products for men market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the personal care products for men market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, personal care products for men market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Amway Corp. - The German skincare brand Nivea produces a range of personal care products, catering to various needs with a focus on innovation and quality. Nivea's offerings encompass cleansers, moisturizers, sun protection, and body care solutions, ensuring effective solutions for diverse consumer preferences.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Personal Care Products For Men Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
147 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.1% |
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Market growth 2024-2028 |
USD 13796.9 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.5 |
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Key countries |
US, China, Japan, Canada, France, and India |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this personal care products for men market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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