Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) — The “Men’s Skincare Products – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
This study projects the market to achieve a notable compound annual growth rate (CAGR) of 5.6% from 2022 to 2030. An upsurge in market value is anticipated, with the global market size set to climb from its estimated $14.9 billion in 2022 to an impressive $23 billion by 2030.
In this stratified market, the Shave Care Products segment showcases robust growth patterns, with expectations to chart a 6.4% CAGR and reach a market size of $8.2 billion by the end of the forecast period. The post-pandemic revival is positively impacting the Creams & Moisturizers segment as well, which has been adjusted to anticipate a steady 5.6% growth rate over the next eight years.
Regional Market Insights
On the regional front, the United States represents a considerable portion of the global Men’s Skincare Products market, estimated at $4.1 billion for the year 2022. Meanwhile, the Chinese market is poised for a rapid ascent with a projection to experience a CAGR of 9.5% until 2030, reflecting the dynamic economic transformations and consumer preferences within the country. Additionally, Japan and Canada are also notable markets with predicted growth rates of 2.2% and 4.7% respectively, during the forecast timeline.
- The competitive landscape includes a list of 42 prominent companies that are key players in the Men’s Skincare Products market.
- Special reportage within the study covers various global concerns, including the Russia-Ukraine war, inflationary tendencies, supply chain anomalies, and geopolitical tensions affecting market dynamics.
- Crucial information regarding market presence, competitive shares, and strategic positioning across diverse geographies is provided.
- Stakeholders gain access to an interactive platform for tailored updates and a comprehensive archive for research needs.
- Subscribers of the study will benefit from a one-year complimentary update service, ensuring they remain informed about the latest market developments.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 93 |
| Forecast Period | 2022-2030 |
| Estimated Market Value (USD) in 2022 | $14.9 Billion |
| Forecasted Market Value (USD) by 2030 | $23 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes:
- Beiersdorf AG
- Coty, Inc.
- Edgewell Personal Care
- Energizer Holdings, Inc.
- Groupe Clarins
- Johnson & Johnson Consumer, Inc.
- L’Oreal
- L’Occitane International SA
- Philips
- Procter and Gamble
- Revlon Inc.
- Shiseido Co. Ltd.
- The Body Shop International Ltd.
- The Estee Lauder Companies
- Unilever
For more information about this report visit https://www.researchandmarkets.com/r/a9ondp
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- Global Market for Men’s Skincare Products
