Beard Care Products Market Outlook
Beard Care Products Market Size is anticipated to reach USD 29.15 billion by 2030, registering a CAGR of 7.4% during 2022–2030. Men are becoming beauty and appearance conscious, so the sales of the men’s grooming products are increasing at a rapid pace. Men’s grooming products are popular personal care products in the North America and Europe. However, it is gaining massive popularity in the Asia-Pacific region. The sale of the beard care products is rising at a rapid pace owing to the increasing consumer trends to keep beard. So, manufacturers come up with various beard care products to enhance the revenues of the company.
- The rising popularity of beards among men
- The increasing awareness about the importance of beard grooming
- The growing disposable income of men
- The availability of a wide range of beard care products
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The beard care products market is segmented by product type, distribution channel, and region. By product type, the market is segmented into beard oils, beard balms, beard washes, beard combs, and beard trimmers. Beard oils are the most popular type of beard care product, accounting for the largest share of the market. Beard balms are gaining popularity due to their moisturizing and styling benefits. Beard washes are used to cleanse and condition the beard. Beard combs are used to detangle and style the beard. Beard trimmers are used to trim and shape the beard.
By distribution channel, the market is segmented into offline and online channels. Offline channels are the dominant distribution channel for beard care products, accounting for the largest share of the market. However, the online channel is growing rapidly due to the increasing popularity of e-commerce.
By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the largest market for beard care products, followed by Europe. Asia Pacific is the fastest growing beard care products market for beard care products due to the rising disposable income of men and the increasing popularity of beards among men.
Some of the key players operating in the beard care products market are:
The Famous Beard Oil Company LLC(US), The Man Company(India), Beardbrand (US), The Bearded Bastard LLC. (US), Texas Beard Company (US), Liberty Premium Grooming Co.(US), Smoky Mountain Beard Co.(US), Murdock London (UK), Badass Beard Care (US), Zeus Beard Products (US)
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