Middle East & Africa Hair Removal Products Market Forecast to 2028
Middle East & Africa Hair Removal Products Market Forecast to 2028 – Regional Analysis By Product type (Creams, Wax Strips, Razors & Blades, Epilators, and Others) End User (Men and Women), and Distribution Channel (Supermarket & Hypermarkets, Convenience Store, Online Retails, and Others)
$2,100 – $3,500
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Description
Development of Smart Hair Removal Devices Fuel Middle East & Africa Hair Removal Products Market
The demand for high quality, premium, electric devices and less preference for disposable products has increased among customers. Moreover, razors and blades cause itchiness, bumps, razor burns, or cuts. Therefore, hair removal device manufacturers focus on research and development of technologically advanced products. The manufacturers are also focused on innovating better hair removal razors and patenting their developed technologies. For instance, Procter & Gamble Company’s brand Gillette introduced razors in 1970. Since then, each innovation has been more advanced than its predecessor. In 2019, Gillette launched heated razor, featuring warm bar, flexdisc technology, advanced five blade technology, intelligent heat sensors and adjustable temperature levels. Moreover, in 2021, Koninklijke Philips NV launched Philips Norelco Shaver Series 9000, featuring motion control sensors, power adapt sensor, pressure guard sensor, and integration with the Philips GroomTribe app. The product indicates the right amount of pressure to be applied to ensure a safe shave. Furthermore, in 2021, Procter & Gamble Company’s brand Braun launched the Series 9 Pro electric shaver, featuring ProLift Trimmer that gently lifts and cuts hair in every stroke and improves the shaver’s ability to glide over the skin with a low level of friction. Thus, the development of smart hair removal devices is expected to create lucrative opportunities for the Middle East & Africa hair removal products market.
Middle East & Africa Hair Removal Products Market Overview
The Middle East & Africa hair removal products market is broadly segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa.
Increasing disposable income of customers, rising number of working women, growing influence of advertisements and social media on personal grooming and beard styling amongst men, and developing retail sector would create lucrative opportunities for hair removal product manufacturers in the Middle East & Africa over the coming years. The growing popularity of grooming products and rising spending power of population contribute to the development of innovative hair removal products. The rising focus of hair removal product manufacturers on offering discounts and running mass campaigns to generate revenues is expected to boost the Middle East & Africa hair removal products market growth during the forecast period.
Middle East & Africa Hair Removal Products Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Hair Removal Products Market Segmentation
The Middle East & Africa hair removal products market is segmented into product type, end user, distribution channel, and country.
Based on product type, the Middle East & Africa hair removal products market is segmented into creams, wax strips, razors and blades, epilators, and others. The razors and blades segment held a larger share of the Middle East & Africa hair removal products market in 2022.
Based on end user, the Middle East & Africa hair removal products market is segmented into men and women. The women segment held the largest share of the Middle East & Africa hair removal products market in 2022.
Based on distribution channel, the Middle East & Africa Hair Removal Products Market is segmented into supermarket and hypermarket, convenience store, online retail, and others. The convenience store segment held the largest share of the Middle East & Africa hair removal products market in 2022.
Based on country, the Middle East & Africa hair removal products market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the share of the Middle East & Africa hair removal products market in 2022.
American International Inc; Koninklijke Philips NV; Oriflame Holding AG; Reckitt Benckiser Group Plc; and The Procter & Gamble Co, are some of the leading companies operating in the Middle East & Africa hair removal products market.
Summary Info
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According to the research team’ research, the Middle East & Africa Hair Removal Products Market was valued at US$ 1,054.63 million in 2022 and is expected to reach US$ 1,324.13 million by 2028, registering a CAGR of 3.9% from 2022 to 2028. Rise in demand for men’s hair removal products and increased spending on personal grooming products are the critical factors attributed to the Middle East & Africa hair removal products market.
Natural and clean hair removal products are gaining popularity globally due to the growing awareness of the harmful effects of cosmetic chemicals and rising inclination toward green and clean beauty trends. The growing awareness of the disadvantages of sulfides, stannites, mercaptans, thio compounds, and phthalates, among others, has encouraged manufacturers to innovate natural hair removal solutions. The increased demand for natural and organic hair removal products across various distribution channels has prompted manufacturers to develop natural products based on customer requirements. In 2022, Veet, the world leader in depilatory products, introduced Veet Pure, its most significant reformulation in hair removal creams. The new dermatologically certified assortment aims to improve consumers’ hair removal experience. Veet Pure contains natural extracts of cucumber, aloe vera, and grapeseed oil, as well as a simpler formula that caters to the changing demands of modern women, providing a superior, effective, and pain-free option for at-home hair removal. Thus, consumer preference for natural and clean hair removal products is further boosting the Middle East & Africa hair removal products market growth.
On the contrary, adoption of permanent hair removal method hampers the Middle East & Africa hair removal products market.
Based on product type, the Middle East & Africa hair removal products market is segmented into creams, wax strips, razor and blades, epilators, and others. The razor and blades segment held 46.4% share of Middle East & Africa hair removal products market in 2022, amassing US$ 489.76 million. It is projected to garner US$ 606.56 million by 2028 to expand at 3.6% CAGR during 2022-2028.
Based on end user, the Middle East & Africa hair removal products market is segmented into men and women. The women segment held 86.3% share of Middle East & Africa Hair Removal Products Market in 2022, amassing US$ 909.92 million. It is projected to garner US$ 1,132.71 million by 2028 to expand at 3.7% CAGR during 2022-2028.
Based on distribution channel, the Middle East & Africa hair removal products market is segmented into supermarket and hypermarket, convenience store, online retail, and others. The convenience store segment held 39.4% share of Middle East & Africa hair removal products market in 2022, amassing US$ 415.08 million. It is projected to garner US$ 515.30 million by 2028 to expand at 3.7% CAGR during 2022-2028.
Based on country, the Middle East & Africa hair removal products market has been categorized into the South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 32.3% share of Middle East & Africa hair removal products market in 2022. It was assessed at US$ 341.17 million in 2022 and is likely to hit US$ 435.96 million by 2028, exhibiting a CAGR of 4.2% during 2022-2028.
Key players operating in the Middle East & Africa hair removal products market are Oriflame Holding AG; Reckitt Benckiser Group Plc; The Procter & Gamble Co; Koninklijke Philips NV; SI&D (Aust) Pty Ltd; and American International Inc, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa Hair Removal Products Market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa Hair Removal Products Market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa Hair Removal Products Market, by Product Type
1.3.2 Middle East & Africa Hair Removal Products Market, by End User
1.3.3 Middle East & Africa Hair Removal Products Market, by Distribution Channel
1.3.4 Middle East & Africa Hair Removal Products Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Middle East & Africa Hair Removal Products Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Middle East & Africa Hair Removal Products Market Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Demand for Men’s Hair Removal Products
5.1.2 Increased Spending on Personal Grooming Products
5.2 Market Restraints
5.2.1 Adoption of Permanent Hair Removal Methods
5.3 Market Opportunities
5.3.1 Development of Smart Hair Removal Devices
5.4 Future Trends
5.4.1 Preference for Natural and Clean-Label Hair Removal Products
5.5 Impact Analysis of Drivers and Restraints
6. Hair Removal Products – Middle East & Africa Market Analysis
6.1 Middle East & Africa Hair Removal Products Market Overview
6.2 Middle East & Africa Hair Removal Products Market Forecast and Analysis
7. Middle East & Africa Hair Removal Products Market Analysis – By Product Type
7.1 Overview
7.2 Middle East & Africa Hair Removal Products Market, By Product Type (2021 and 2028)
7.3 Creams
7.3.1 Overview
7.3.2 Creams: Middle East & Africa Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Wax Strips
7.4.1 Overview
7.4.2 Wax Strips: Middle East & Africa Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Razors and Blades:
7.5.1 Overview
7.5.2 Razors and Blades: Middle East & Africa Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Epilators:
7.6.1 Overview
7.6.2 Epilators: Middle East & Africa Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others:
7.7.1 Overview
7.7.2 Others: Middle East & Africa Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Hair Removal Products Market Analysis – By End User
8.1 Overview
8.2 Middle East & Africa Hair Removal Products Market, By End User (2021 and 2028)
8.3 Men
8.3.1 Overview
8.3.2 Men: Middle East & Africa Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Women
8.4.1 Overview
8.4.2 Women: Middle East & Africa Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Hair Removal Products Market Analysis – By Distribution Channel
9.1 Overview
9.2 Middle East & Africa Hair Removal Products Market, By Distribution Channel (2021 and 2028)
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets: Middle East & Africa Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Convenience Stores
9.4.1 Overview
9.4.2 Convenience Stores: Middle East & Africa Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail: Middle East & Africa Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Middle East & Africa Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
10. Middle East & Africa Hair Removal Products Market – Country Analysis
10.1 Overview
10.1.1.1 South Africa: Middle East & Africa Hair Removal Products Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 South Africa: Middle East & Africa Hair Removal Products Market, By Product Type
10.1.1.1.2 South Africa: Middle East & Africa Hair Removal Products Market, by End User
10.1.1.1.3 South Africa: Middle East & Africa Hair Removal Products Market, by Distribution Channel
10.1.1.2 Saudi Arabia: Middle East & Africa Hair Removal Products Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Saudi Arabia: Middle East & Africa Hair Removal Products Market, By Product Type
10.1.1.2.2 Saudi Arabia: Middle East & Africa Hair Removal Products Market, by End User
10.1.1.2.3 Saudi Arabia: Middle East & Africa Hair Removal Products Market, by Distribution Channel
10.1.1.3 UAE: Middle East & Africa Hair Removal Products Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 UAE: Middle East & Africa Hair Removal Products Market, By Product Type
10.1.1.3.2 UAE: Middle East & Africa Hair Removal Products Market, by End User
10.1.1.3.3 UAE: Middle East & Africa Hair Removal Products Market, by Distribution Channel
10.1.1.4 Rest of Middle East and Africa: Middle East & Africa Hair Removal Products Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Rest of Middle East and Africa: Middle East & Africa Hair Removal Products Market, by Product Type
10.1.1.4.2 Rest of Middle East and Africa: Middle East & Africa Hair Removal Products Market, by End User
10.1.1.4.3 Rest of Middle East and Africa: Middle East & Africa Hair Removal Products Market, by Distribution Channel
11. Industry Landscape
11.1 Overview
11.2 New Product Development
11.3 Merger and Acquisition
12. Company Profiles
12.1 Reckitt Benckiser Group Plc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Oriflame Holding AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 The Procter & Gamble Co
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Koninklijke Philips NV
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 American International Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About Research Team
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Middle East & Africa Hair Removal Products Market Revenue Forecast to 2028 (US$ Mn)
Table 2. South Africa Middle East & Africa Hair Removal Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Middle East & Africa Hair Removal Products Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa Middle East & Africa Hair Removal Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Middle East & Africa Hair Removal Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia Middle East & Africa Hair Removal Products Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia Middle East & Africa Hair Removal Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. UAE Middle East & Africa Hair Removal Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. UAE Middle East & Africa Hair Removal Products Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 10. UAE Middle East & Africa Hair Removal Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of Middle East and Africa Middle East & Africa Hair Removal Products Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Middle East and Africa Middle East & Africa Hair Removal Products Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Middle East and Africa Middle East & Africa Hair Removal Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14. Glossary of Terms, Middle East & Africa Hair Removal Products Market
LIST OF FIGURES
Figure 1. Middle East & Africa Hair Removal Products Market Segmentation
Figure 2. Middle East & Africa Hair Removal Products Market Segmentation – By Country
Figure 3. Middle East & Africa Hair Removal Products Market Overview
Figure 4. Middle East & Africa Hair Removal Products Market, By Product Type
Figure 5. Middle East & Africa Hair Removal Products Market, by Country
Figure 6. Porter’s Five Forces Analysis
Figure 7. Ecosystem: Middle East & Africa Hair Removal Products Market
Figure 8. Expert Opinion
Figure 9. Middle East & Africa Hair Removal Products Market Impact Analysis of Drivers and Restraints
Figure 10. Middle East & Africa Hair Removal Products Market Forecast and Analysis, 2020-2028 (US$ Mn)
Figure 11. Middle East & Africa Hair Removal Products Market Revenue Share, By Product Type (2021 and 2028)
Figure 12. Creams: Middle East & Africa Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Wax Strips: Middle East & Africa Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Razors and Blades: Middle East & Africa Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Epilators: Middle East & Africa Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Others: Middle East & Africa Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Middle East & Africa Hair Removal Products Market Revenue Share, By End User (2021 and 2028)
Figure 18. Men: Middle East & Africa Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Women: Middle East & Africa Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Middle East & Africa Hair Removal Products Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 21. Supermarkets and Hypermarkets: Middle East & Africa Hair Removal Products Market- Revenue and Forecast To 2028 (US$ Million)
Figure 22. Convenience Stores: Middle East & Africa Hair Removal Products Market- Revenue and Forecast To 2028 (US$ Million)
Figure 23. Online Retail: Middle East & Africa Hair Removal Products Market- Revenue and Forecast To 2028 (US$ Million)
Figure 24. Others: Middle East & Africa Hair Removal Products Market- Revenue and Forecast To 2028 (US$ Million)
Figure 25. Middle East and Africa Middle East & Africa Hair Removal Products Market, by Key Country – Revenue (2021) (US$ Million)
Figure 26. Middle East and Africa Middle East & Africa Hair Removal Products Market Share Revenue, by Key Country (2021 and 2028)
Figure 27. South Africa: Middle East & Africa Hair Removal Products Market -Revenue and Forecast to 2028 (US$ Million)
Figure 28. Saudi Arabia: Middle East & Africa Hair Removal Products Market -Revenue and Forecast to 2028 (US$ Million)
Figure 29. UAE: Middle East & Africa Hair Removal Products Market -Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of Middle East and Africa: Middle East & Africa Hair Removal Products Market -Revenue and Forecast to 2028 (US$ Million)
The List of Companies – Middle East & Africa Hair Removal Products Market
o American International Inc
o Koninklijke Philips NV
o Oriflame Holding AG
o Reckitt Benckiser Group Plc
o The Procter & Gamble Co
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