North America Hair Removal Products Market Forecast to 2028
North America 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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- Toplines
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- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
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Description
Adoption of Permanent Hair Removal Methods Fuel North America Hair Removal Products Market
The increased concern about the high hair growth cycle among individuals and repetitive hair removal procedures from face and body have encouraged manufacturers to focus on permanent hair removal methods. Therefore, hair removal solutions have evolved over the past few years from temporary methods such as threading, waxing, shaving, and trimming to permanent hair removal solutions. Laser hair removal treatment is one such permanent solution used for hair removal. This method involves the utilization of a highly concentrated light pulse to target melanin in hair follicles, thus, eliminating hair in specific areas. For instance, in 2022, Sensus Healthcare Inc launched the Silk Laser hair removal system. The product is a lightweight handpiece that features a portable diode laser.
Laser hair removal treatment has several advantages, such as a painless procedure and permanent results; however, it is time-consuming and requires frequent treatments (total of 8-12 visits) for better results. It is a non-invasive and non-surgical cosmetic treatment gaining popularity, as this method is suitable for all skin types and complexions. However, the laser hair removal treatment cost is high, which can potentially hinder laser hair removal market. Nevertheless, increasing adoption of permanent hair removal methods such as laser hair removal procedures can restrain the hair removal products market.
North America Hair Removal Products Market Overview
The North America hair removal products market is broadly segmented into Canada, Mexico, and the US. The rising per capita income and increasing spending on personal grooming products boost the hair removal products market in North America. Therefore, major market players in the region focus on innovation and new product development, such as hair removal creams and sprays, to meet the changing needs of regional customers. In 2021, the Procter & Gamble Company’s Gillette brand launched a shaving and skincare line, Planet KIND, in the US. The product portfolio includes razor and blades, moisturizer, face wash, and shave cream, of which the razor handle is made from 60% recycled plastic. Moreover, many hair removal product companies provide subscription plans wherein they regularly deliver products to the doorstep of a customer. Thus, the growing personal care industry and increasing awareness regarding personal grooming are driving the hair removal products market in North America.
Personal care product manufacturers in the US are developing affordable and organic hair removal products to meet specific customer requirements.
North America Hair Removal Products Market Revenue and Forecast to 2028 (US$ Million)
North America Hair Removal Products Market Segmentation
The North America hair removal products market is segmented into product type, end user, distribution channel, and country.
Based on product type, the North America 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 North America hair removal products market in 2022.
Based on end user, the North America hair removal products market is segmented into men and women. The women segment held the largest share of the North America hair removal products market in 2022.
Based on distribution channel, the North America hair removal products market is segmented into supermarket and hypermarket, convenience store, online retail, and others. The supermarket and hypermarket segment held the largest share of the North America hair removal products market in 2022.
Based on country, the North America hair removal products market is segmented into the US, Canada, and Mexico. The US dominated the share of the North America hair removal products market in 2022.
American International Inc; Church Dwight Co Inc; GiGiSpa International Inc; Koninklijke Philips NV; Oriflame Holding AG; Reckitt Benckiser Group Plc; Revitol Corp; Sally Hansen Inc; and The Procter & Gamble Co, are some of the leading companies operating in the North America hair removal products market.
Summary Info
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According to the research team’ research, the North America hair removal products market was valued at US$ 1,855.60 million in 2022 and is expected to reach US$ 2,497.27 million by 2028, registering a CAGR of 5.1% 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 North America hair removal products market.
The rise in promotional campaigns regarding personal hair removal products has shifted the customer perspective from salon styling to at-home personal care. Moreover, the frequency of facial shaving and undesired body hair removal among men is higher than among women. Men generally use razors and blades for facial hair removal or trimming and prefer hair removal creams or sprays for removing undesired body hair. The shift in men’s attitude toward personal or self-care regimes has encouraged manufacturers to develop products specific to men’s skin types and requirements.
The North America beauty & personal grooming industry is growing with a rising emphasis on personal hygiene and appearance. Over the past few decades, rise in disposable income and increasing working population have encouraged buyers and customers to spend more on personal grooming products. According to a survey conducted by Harris Williams in 2022, consumers emphasized majorly on skincare, wellness, and hair health. It also confirmed that the majority of consumers would not reduce spending on health and beauty products if economic conditions declined. The rising emphasis on personal and self-care regimes has further created opportunities for manufacturers to innovate and create product differentiation to meet evolving customer needs. Hair removal product manufacturers have further invested heftily in marketing and advertisement of products to create awareness and increase the demand for hair removal products. Customers prefer convenient, hassle-free, and time-saving hair removal products, owing to busy lifestyles and shift in consumer behavior. The hair removal products manufacturers also provide offers, free gifts, launch trials, and other discounts on products to widen their customer base, which, in turn, encourages customers to spend more on hair removal products. Thus, these key factors are responsible for driving the hair removal products market.
On the contrary, adoption of permanent hair removal method hampers the North America hair removal products market.
Based on product type, the North America hair removal products market is segmented into creams, wax strips, razor and blades, epilators, and others. The razor and blades segment held 47.6% share of North America hair removal products market in 2022, amassing US$ 882.44 million. It is projected to garner US$ 1,181.75 million by 2028 to expand at 5.0% CAGR during 2022-2028.
Based on end user, the North America hair removal products market is segmented into men and women. The women segment held 65.4% share of North America hair removal products market in 2022, amassing US$ 1,213.50 million. It is projected to garner US$ 1,596.66 million by 2028 to expand at 4.7% CAGR during 2022-2028.
Based on distribution channel, the North America hair removal products market is segmented into supermarket and hypermarket, convenience store, online retail, and others. The supermarket and hypermarket segment held 37.6% share of North America hair removal products market in 2022, amassing US$ 698.14 million. It is projected to garner US$ 961.51 million by 2028 to expand at 5.5% CAGR during 2022-2028.
Based on country, the North America hair removal products market has been categorized into Canada, Mexico, and the US. Our regional analysis states that the US captured 83.3% share of North America hair removal products market in 2022. It was assessed at US$ 1,545.82 million in 2022 and is likely to hit US$ 2,091.71 million by 2028, exhibiting a CAGR of 5.2% during 2022-2028.
Key players operating in the North America hair removal products market are Church & Dwight Co Inc; GiGiSpa International Inc; Revitol Corp; Sally Hansen Inc; Reckitt Benckiser Group Plc; Oriflame Holding AG; 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 North America 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 North America 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 North America 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 North America Hair Removal Products Market, by Product Type
1.3.2 North America Hair Removal Products Market, by End User
1.3.3 North America Hair Removal Products Market, by Distribution Channel
1.3.4 North America 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. North America 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. North America Hair Removal Products Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Demand for Men’s Hair Removal 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 – North America Market Analysis
6.1 North America Hair Removal Products Market Overview
6.2 North America Hair Removal Products Market Forecast and Analysis
7. North America Hair Removal Products Market Analysis – By Product Type
7.1 Overview
7.2 Hair Removal Products Market, By Product Type (2021 and 2028)
7.3 Creams
7.3.1 Overview
7.3.2 Creams: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Wax Strips
7.4.1 Overview
7.4.2 Wax Strips: 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: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Epilators:
7.6.1 Overview
7.6.2 Epilators: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others:
7.7.1 Overview
7.7.2 Others: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Hair Removal Products Market Analysis – By End User
8.1 Overview
8.2 Hair Removal Products Market, By End User (2021 and 2028)
8.3 Men
8.3.1 Overview
8.3.2 Men: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Women
8.4.1 Overview
8.4.2 Women: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Hair Removal Products Market Analysis – By Distribution Channel
9.1 Overview
9.2 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: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Convenience Stores
9.4.1 Overview
9.4.2 Convenience Stores: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Hair Removal Products Market- Revenue and Forecast to 2028 (US$ Million)
10. North America Hair Removal Products Market – Country Analysis
10.1 Overview
10.1.1.1 US: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Hair Removal Products Market, By Product Type
10.1.1.1.2 US: Hair Removal Products Market, by End User
10.1.1.1.3 US: Hair Removal Products Market, by Distribution Channel
10.1.1.2 Canada: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Hair Removal Products Market, By Product Type
10.1.1.2.2 Canada: Hair Removal Products Market, by End User
10.1.1.2.3 Canada: Hair Removal Products Market, by Distribution Channel
10.1.1.3 Mexico: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Hair Removal Products Market, By Product Type
10.1.1.3.2 Mexico: Hair Removal Products Market, by End User
10.1.1.3.3 Mexico: 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 Church & Dwight Co Inc
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 Reckitt Benckiser Group Plc
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 GiGiSpa International Inc
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 Oriflame Holding AG
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 The Procter & Gamble Co
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
12.6 Koninklijke Philips NV
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Sally Hansen Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Revitol Corp
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 American International Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About Research Team
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Hair Removal Products Market Revenue Forecast to 2028 (US$ Mn)
Table 2. North America Hair Removal Products Market, by Key Country – Revenue (2021) (US$ Mn)
Table 3. US Hair Removal Products Market, Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. US Hair Removal Products Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. US Hair Removal Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Hair Removal Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada Hair Removal Products Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada Hair Removal Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico Hair Removal Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico Hair Removal Products Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico Hair Removal Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 1. Glossary of Terms, North America Hair Removal Products Market
LIST OF FIGURES
Figure 1. North America Hair Removal Products Market Segmentation
Figure 2. North America Hair Removal Products Market Segmentation – By Country
Figure 3. North America Hair Removal Products Market Overview
Figure 4. North America Hair Removal Products Market, By Product Type
Figure 5. North America Hair Removal Products Market, by Country
Figure 7. Porter’s Five Forces Analysis
Figure 8. Ecosystem: North America Hair Removal Products Market
Figure 9. Expert Opinion
Figure 10. Hair Removal Products Market Impact Analysis of Drivers and Restraints
Figure 11. North America Hair Removal Products Market Forecast and Analysis, 2020-2028 (US$ Mn)
Figure 12. Hair Removal Products Market Revenue Share, By Product Type (2021 and 2028)
Figure 13. Creams: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Wax Strips: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Razors and Blades: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Epilators: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Others: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Hair Removal Products Market Revenue Share, By End User (2021 and 2028)
Figure 19. Men: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Women: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Hair Removal Products Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 22. Supermarkets and Hypermarkets: Hair Removal Products Market- Revenue and Forecast To 2028 (US$ Million)
Figure 23. Convenience Stores: Hair Removal Products Market- Revenue and Forecast To 2028 (US$ Million)
Figure 24. Online Retail: Hair Removal Products Market- Revenue and Forecast To 2028 (US$ Million)
Figure 25. Others: Hair Removal Products Market- Revenue and Forecast To 2028 (US$ Million)
Figure 26. North America Hair Removal Products Market Share Revenue, by Key Country (2021 and 2028)
Figure 27. US: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Canada: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Mexico: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)
The List of Companies – North America Hair Removal Products Market
o American International Inc
o Church & Dwight Co Inc
o GiGiSpa International Inc
o Koninklijke Philips NV
o Oriflame Holding AG
o Reckitt Benckiser Group Plc
o Revitol Corp
o Sally Hansen Inc
o The Procter & Gamble Co
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