According to a market report by Lucintel, the future of the hair removal wax market looks promising with opportunities in the individual, commercial, spa, and beauty salon application segments. The hair removal wax market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth driver for this market is the rise in popularity of at-home hair removal wax techniques with the usage of wax strips among younger and adult generations.
In this market, soft wax, heated, cold, pre-made strips, and hard wax are the major product type segments. Heated hair removal wax is the largest product type segment of the hair removal wax market.
Men and women are the major end users of the hair removal wax market.
North America will remain the largest market over the forecast period due to high spending on personal grooming, growing penetration of electronic devices, and increased concerns over hygiene among men and women.
American International Industries, Church & Dwight, Coloris Cosmetics, FILO BIANCO, Harley Wax, Jax Wax, Karaver, Kera-Ban, Lee-Chem Laboratories, Marzena Bodycare, Parissa Laboratories, Perron Rigot, Reckitt Benckiser (Veet), Sally Hansen, Starpil Wax, Sue Ismiel & Daughters (Nad's), The Darent Wax, and Xanitalia are among the major manufacturers of hair removal wax.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the hair removal wax market by product type, application, end user, distribution channel, and region. Lucintel has prepared a comprehensive research report titled “Hair Removal Wax Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the hair removal wax market by product type, application, end user, distribution channel, and region as follows:
By Product Type [$M shipment analysis for 2013 – 2024]:
• Soft Wax
• Heated
• Cold
• Pre-Made Strips
• Hard Wax
By Application [$M shipment analysis for 2013 – 2024]:
• Individual
• Commercial
• Spa
• Beauty Salon
By End User [$M shipment analysis for 2013 – 2024]:
• Men
• Women
By Distribution Channel [$M shipment analysis for 2013 – 2024]:
• Online
• Offline
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o United States
o Canada
o Mexico
• Europe
o United Kingdom
o Germany
o France
o Italy
o Spain
• Asia Pacific
o China
o Japan
o India
• ROW
o Brazil
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…………[email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the hair removal wax market by product type (soft wax, heated, cold, pre-made strips, and hard wax), application (individual, commercial, spa, and beauty salon), end-user (men and women), distribution channel (online and offline), and region (North America, Europe, Asia Pacific, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the hair removal wax market?
Q.5 What are the business risks and threats to the hair removal wax market?
Q.6 What are the emerging trends in the hair removal wax market and the reasons behind them?
Q.7 What are some changing demands of customers in the hair removal wax market?
Q.8 What are the new developments in the hair removal wax market? Which companies are leading these developments?
Q.9 Who are the major players in the hair removal wax market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the hair removal wax market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities did take place in the last five years in the hair removal wax market?