Facial Hair Care Wipes Market Analysis By Distribution Channel , Region And Forecast From 2020 To 2027 | Grand View Research Inc.

Facial Hair Care Wipes Market Analysis By Distribution Channel , Region And Forecast From 2020 To 2027 | Grand View Research Inc.

July 01
12:07 2020
Facial Hair Care Wipes Market Analysis By Distribution Channel , Region And Forecast From 2020 To 2027 | Grand View Research Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, Demand for facial hair care wipes is driven by various factors including rising popularity of e-commerce platforms and growing beauty-awareness among male consumers. Increasing demand for the product among men is a key factor fueling the market growth over the years.

Facial Hair Care Wipes Market Growth & Trends

The global facial hair care wipes market size is expected to reach USD 4,072.3 Thousand by 2027, expanding at a CAGR of 8.5% from 2020 to 2027, according to a new report by Grand View Research, Inc. Facial hair care wipes have been gaining an increasing traction among the male consumers on account of their changing lifestyle and perception towards beard styling and maintenance as a fashion statement.

The wellness and grooming industry for men has been on the rise and contributing significantly to the growth of the market over the past few years. Surge in disposable income, fashion and celebrity endorsement, and adoption of western culture are expected to drive the market. Furthermore, elevated standard of living and rapid urbanization are contributing to the growth of the male personal care industry.

According to a study conducted by Assocham, one of the trade associations in India, men who fall in the age group of 18 to 25 spend more money on grooming and personal care products, such as beard care products, than women in India. Nowadays, men are becoming more conscious about their looks and they want to look better and physically attractive to draw attention in the society.

Furthermore, men working in the rigorous environment need to have daily care for their facial hair. A research conducted by Switzerland’s Hirslanden Clinic stated that men with beard carry more germs and bacteria in their beard than dogs carry in their fur. Taking this into consideration, facial hair care wipes are formulated using combination of essential oils, such as jojoba, argan, and coconut oil, along with anti-bacterial solution, which will keep the beard dirt and bacteria free.

The online distribution channel held the largest market share in 2019. Rising popularity of online shopping and surge in the number of internet and smartphone users are the major factors boosting the segment growth. Moreover, the online retail platform offers cashback and doorstep delivery services, thus drive the sale of facial hair wipes through online channel in the forecast period.

There has been a shift in men’s perception towards grooming and taking care of themselves. Increasing penetration of social media and rise of influencer marketing lead to an increase in the sale of male grooming products, including facial hair wipes. Offline distribution platforms such as convenient stores, departmental stores, and salons contribute to the sales of facial hair care wipes.

U.S. facial hair care wipes market size, by distribution channel, 2016 - 2027 (USD Thousand)

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Facial Hair Care Wipes Market Report Highlights

  • Rising popularity of online retail platforms due to various advantages, such as cashback offers, discount on branded products, and direct to the end user sale, will fuel demand for facial hair care wipes

  • Increasing demand for the organic and bio-based products will further boost the market growth

  • Asia Pacific is estimated to emerge as the fastest growing regional market in the forecast period on account of a large population base and increasing penetration of smartphone and e-commerce services amongst the youth.

Global facial hair care wipes market share, by region, 2019 (%)

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Facial Hair Care Wipes Market Segmentation

Grand View Research has segmented the global facial hair care wipes market on the basis of distribution channel and region:

Facial Hair Care Wipes Distribution Channel Outlook (Revenue, USD Thousand, 2016 – 2027)

  • Online Channel

  • Offline Channel

Facial Hair Care Wipes Regional Outlook (Revenue, USD Thousand, 2016 – 2027)

  • North America

    • U.S.

  • Europe

    • Germany

    • U.K.

    • France

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

List of Key Players of Facial Hair Care Wipe Market

  • Zeke’s

  • The Original Beard Wipes

  • Depot Men No. 504

  • KleenOWipe

  • Beardilizer

Browse Related Report:

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Hand Sanitizer Market : https://www.grandviewresearch.com/industry-analysis/hand-sanitizer-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

 

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