The global men’s skincare products market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2022-2028). The growing awareness among males associated with personal grooming is one of the prime factors affecting and driving the market for men’s skincare products. In recent times, there has been observed a rise in spending on male toiletries along with an increase in need and requirements for more male-specific care products. Additionally, looking for overall body responsiveness and the social expectation for a better and improved look is on the rise among men which in turn is supporting the market growth.
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Moreover, to gain on the opportunity key players operating in the global men’s skincare products market had been adopting strategies such as new launches to achieve major market share. For instance, in June 2020, L’Oréal had signed an agreement for the doing acquisition of one of the US-based natural skincare brands from Henry Thayer Company that is Thayers Natural Remedies. After the acquisition, this brand is integrated into L’Oréal’s consumer products division and is considered as a part of the company strategy in order to develop its skincare business along with complementing its North American skincare brand portfolio.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Product
o By Distribution Channel
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- Beiersdorf, Johnson & Johnson Services, Inc., L’Oréal, Procter & Gamble and Shiseido Cosmetics
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Men’s Skincare Products Market Report Segment
By Product
By Distribution Channel
Global Men’s Skincare Products 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
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