Market Size of North America Men's Grooming Products Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.02 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America Men Grooming Products Market Analysis
North America men's grooming products market is expected to grow with a CAGR of 7.02% during the forecast period (2020 - 2025).
- The growth of the male grooming products market in the region has been catalyzed by an increasing consciousness among male consumers on personal wellness and appearance.
- The males of the North American countries desire to look presentable at work so as to leave a strong impression in their workplaces. Thus, the psychological belief plays a major role in driving the market for grooming products in regional countries.
- The men in the United States and Canada have a hectic lifestyle and often do not find much spare time for their work to visit a barbershop frequently which promotes the market growth as the consumers like to have personal grooming products.
- Also, the desire to flaunt different looks is a part of the fashion era. Thus, owing to the different beard looks, the consumers choose products that can provide the best look and maintain the hair and underlying skin healthy and hygienic.