Market revenue in 2022 | USD 9,511.6 million |
Market revenue in 2030 | USD 19,542.8 million |
Growth rate | 9.4% (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 |
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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 UK 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.
The demand for men’s grooming products is attributed to the increasing aging population in the country. According to Office for National Statistics, in the U.K., the population under the age of 16 is declining while the population over the age of 65 is increasing. A large market exists for products focused on the aging population. Thus, the demand for men grooming products for skin is expected to grow steadily in the upcoming years.
The growth of grooming products in the U.K. has been encouraged by emerging market trends. This includes creating items that appeal to the age, and ethnicity of men 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 grooming goods.
U.K. consumers are demanding more sophisticated products to offer multiple benefits such as moisturization, UV protection, aging treatment, long-lasting effects, ease of use, and convenience. This is expected to positively impact the men’s grooming products market over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the UK men’s grooming products market , including forecasts for subscribers. This country databook contains high-level insights into UK men’s grooming products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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