Consumer Goods & Retailing
Europe Beard Grooming Products Market Forecast 2023-2032
Europe Beard Grooming Products Market Forecast 2023-2032
Europe Beard Grooming Products Market Forecast 2023-2032
KEY FINDINGS
The Europe beard grooming products market is predicted to register a CAGR of 7.34% during the forecast years of 2023 to 2032. Some of the major factors augmenting the market growth of the region include the increasing adoption of products like wax, oils, and shampoos, coupled with the high per capita income as well as the awareness among men regarding male grooming.
MARKET INSIGHTS
The Europe beard grooming products market growth evaluation constitutes the study of the United Kingdom, Germany, France, Italy, Spain, Poland, and Rest of Europe. Men in Italy are more inclined toward the rugged beard look, thereby embracing a more casual and scruffy appearance. Notably, Italian millennials are placing increased importance on their grooming, depicting a willingness to invest more in men’s grooming services offered at various salons.
Furthermore, in Italy, the most effective distribution channels for personalized beard care products are direct sales and specialty stores. Tech-savvy millennials are also expected to contribute significantly to the online sales segment. A significant brand capitalizing on this trend is the ‘Italian Beard Company,’ which promotes its range through official online platforms as well as offline outlets like departmental and specialty stores across the country. Moreover, their product line includes waxes, oils, and balms. Hence, the abovementioned factors are evaluated to propel the beard grooming products market growth in Europe during the forecast years.
COMPETITIVE INSIGHTS
Some of the leading firms operating in the market include Philips, The Brighton Beard Company, L’oréal SA, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments