Global beard oil market is anticipated to grow at a CAGR of 6.0% during the forecast period (2024-2031). Beards are now regarded as fashionable and well-groomed facial characteristics rather than as disheveled or unprofessional. Beard oil caters to this trend by offering a solution to common beard concerns like dryness, itchiness, and patchiness. The men's grooming industry is thriving due to continuous innovation in beard oil formulas and marketing strategies, highlighting their benefits and benefits to consumers. Key factors driving market revenue growth are increasing awareness of beard oil among men and expansion of the e-commerce sector across the globe. The men's grooming industry's focus on appearance, product innovation, and celebrity influence is creating a perfect storm for the global beard oil market. For instance, in June 2023, the beauty and skincare company VLCC revealed the acquisition of the men's grooming company Ustraa through a share swap deal and a secondary buyout. Following the merger, VLCC will continue to spend to propel Ustraa's expansion. The acquisition marks VLCC’s foray into the men's grooming segment and enhances new-age digital commerce and product innovation capabilities for the platform.
Browse the full report description of “Beard Oil Market Size, Share & Trends Analysis Report by Product Type (Conventional and Organic), by Packaging (Bottles, Tubes, and Others (Jars and Pouches)), and by Distribution Channel (Online and Offline), Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/beard-oil-market
In January 2022, BRANDED acquired the community-based men's personal care brand Fresh Heritage. BRANDED and Fresh Heritage, a pioneer in men's organic, natural hair and beard care products influenced by African grooming customs, are collaborating. BRANDED will expand Fresh Heritage's global distribution, leveraging its extensive marketing, supply chain, and manufacturing infrastructure, enabling founders to focus on new product development, brand awareness, and community engagement initiatives.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Product Type
o By Packaging
o By Distribution Channel
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Bossman Brands, The Man Company, Beardo, Mountaineer Brand, and Jack Black, among others.
Key questions addressed by the report.
Global Beard Oil Market Report Segment
By Product Type
By Packaging
By Distribution Channel
Global Beard Oil Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/beard-oil-market