Canada Men’s Grooming Products Market Size & Outlook
Canada men’s grooming products market, 2017-2030 (US$M)
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Canada men’s grooming products market highlights
- The Canada men’s grooming products market generated a revenue of USD 2,937.0 million in 2022 and is expected to reach USD 5,068.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.1% from 2023 to 2030.
- In terms of segment, skin care was the largest revenue generating product in 2022.
- Hair Styling is the most lucrative product segment registering the fastest growth during the forecast period.
Men’s grooming products market data book summary
| Market revenue in 2022 | USD 2,937.0 million |
| Market revenue in 2030 | USD 5,068.8 million |
| Growth rate | 7.1% (CAGR from 2022 to 2030) |
| Largest segment | Skin care |
| Fastest growing segment | Hair Styling |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skin Care, Hair Styling, Shave/Beard Care, Accessories, Color Cosmetics |
| Key market players worldwide | Beiersdorf AG, Procter & Gamble Co, L'Oreal SA, Shiseido Co Ltd, Colgate-Palmolive Co, Kao Corp, The Estee Lauder Companies Inc Class A, Reckitt Benckiser Group PLC, Coty Inc Class A, Vi-john Group |
Other key industry trends
- In terms of revenue, Canada accounted for 1.4% of the global men’s grooming products market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. men’s grooming products market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 81,051.1 million by 2030.
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Men’s Grooming Products Market Scope
Men’s Grooming Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada men’s grooming products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to men’s grooming products market will help companies and investors design strategic landscapes.
Skin care was the largest segment with a revenue share of 33.33% in 2022. Horizon Databook has segmented the Canada men’s grooming products market based on skin care, hair styling, shave/beard care, accessories, color cosmetics covering the revenue growth of each sub-segment from 2017 to 2030.
According to the International Trade Administration, Canadian beauty and personal care market’s recovery offers a huge opportunity for American exporters of cosmetic products. A continuous trend in the beauty industry is consumers' increased preference for cosmetics that are cruelty-free, organic, or natural among men.
The growth of grooming products in Canada has been encouraged by emerging market trends. This includes creating items that appeal to the age and ethnicity of male consumers, in addition to utilizing technology to enhance marketing strategies. The use of creative, ecologically-friendly packaging and design has also contributed to the appeal of beauty goods.
Furthermore, as part of larger lifestyle trends that emphasize well-being and the relevance of natural ingredients, Canadian customers are flocking to premium grooming products owing to their betterquality natural components, which is expected to favor market growth.
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Target buyers of Canada men’s grooming products market databook
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Our clientele includes a mix of men’s grooming products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada men’s grooming products market , including forecasts for subscribers. This country databook contains high-level insights into Canada men’s grooming products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada men’s grooming products market size, by product, 2017-2030 (US$M)
Canada Men’s Grooming Products Market Outlook Share, 2022 & 2030 (US$M)
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