North America Hair Removal Products Market Forecast to 2028 - Regional Analysis By Product type (Creams, Wax Strips, Razors & Blades, Epilators, and Others), End User (Men and Women), and Distribution Channel (Supermarket & Hypermarkets, Convenience Store, Online Retails, and Others)

BMIRE00028891 | Pages: 117 | Consumer Goods | Sep 2023 | Type: Regional | Status: Published

The North America Hair Removal Products Market is expected to grow from US$ 1,855.60 million in 2022 to US$ 2,497.27 million by 2030. It is estimated to grow at a CAGR of 5.1% from 2022 to 2028.

Adoption of Permanent Hair Removal Methods Fuel North America Hair Removal Products Market

The increased concern about the high hair growth cycle among individuals and repetitive hair removal procedures from face and body have encouraged manufacturers to focus on permanent hair removal methods. Therefore, hair removal solutions have evolved over the past few years from temporary methods such as threading, waxing, shaving, and trimming to permanent hair removal solutions. Laser hair removal treatment is one such permanent solution used for hair removal. This method involves the utilization of a highly concentrated light pulse to target melanin in hair follicles, thus, eliminating hair in specific areas. For instance, in 2022, Sensus Healthcare Inc launched the Silk Laser hair removal system. The product is a lightweight handpiece that features a portable diode laser.

Laser hair removal treatment has several advantages, such as a painless procedure and permanent results; however, it is time-consuming and requires frequent treatments (total of 8–12 visits) for better results. It is a non-invasive and non-surgical cosmetic treatment gaining popularity, as this method is suitable for all skin types and complexions. However, the laser hair removal treatment cost is high, which can potentially hinder laser hair removal market. Nevertheless, increasing adoption of permanent hair removal methods such as laser hair removal procedures can restrain the hair removal products market.

North America Hair Removal Products Market Overview

The North America hair removal products market is broadly segmented into Canada, Mexico, and the US. The rising per capita income and increasing spending on personal grooming products boost the hair removal products market in North America. Therefore, major market players in the region focus on innovation and new product development, such as hair removal creams and sprays, to meet the changing needs of regional customers. In 2021, the Procter & Gamble Company’s Gillette brand launched a shaving and skincare line, Planet KIND, in the US. The product portfolio includes razor and blades, moisturizer, face wash, and shave cream, of which the razor handle is made from 60% recycled plastic. Moreover, many hair removal product companies provide subscription plans wherein they regularly deliver products to the doorstep of a customer. Thus, the growing personal care industry and increasing awareness regarding personal grooming are driving the hair removal products market in North America.

Personal care product manufacturers in the US are developing affordable and organic hair removal products to meet specific customer requirements.

 North America Hair Removal Products Market Revenue and Forecast to 2028 (US$ Million)

 North America Hair Removal Products Market Revenue and Forecast to 2028 (US$ Million)

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North America Hair Removal Products Market Segmentation

The North America hair removal products market is segmented into product type, end user, distribution channel, and country.

Based on product type, the North America hair removal products market is segmented into creams, wax strips, razors and blades, epilators, and others. The razors and blades segment held a larger share of the North America hair removal products market in 2022.

Based on end user, the North America hair removal products market is segmented into men and women. The women segment held the largest share of the North America hair removal products market in 2022.

Based on distribution channel, the North America hair removal products market is segmented into supermarket and hypermarket, convenience store, online retail, and others. The supermarket and hypermarket segment held the largest share of the North America hair removal products market in 2022.

Based on country, the North America hair removal products market is segmented into the US, Canada, and Mexico. The US dominated the share of the North America hair removal products market in 2022.   

American International Inc; Church Dwight Co Inc; GiGiSpa International Inc; Koninklijke Philips NV; Oriflame Holding AG; Reckitt Benckiser Group Plc; Revitol Corp; Sally Hansen Inc; and The Procter & Gamble Co, are some of the leading companies operating in the North America hair removal products market.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America Hair Removal Products Market, by Product Type

1.3.2        North America Hair Removal Products Market, by End User

1.3.3        North America Hair Removal Products Market, by Distribution Channel

1.3.4        North America Hair Removal Products Market, by Country

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           North America Hair Removal Products Market Landscape

4.1         Market Overview

4.2         Porter's Five Forces Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America Hair Removal Products Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rise in Demand for Men's Hair Removal Products

5.2         Market Restraints

5.2.1        Adoption of Permanent Hair Removal Methods

5.3         Market Opportunities

5.3.1        Development of Smart Hair Removal Devices

5.4         Future Trends

5.4.1        Preference for Natural and Clean-Label Hair Removal Products

5.5         Impact Analysis of Drivers and Restraints

6.           Hair Removal Products – North America Market Analysis

6.1         North America Hair Removal Products Market Overview

6.2         North America Hair Removal Products Market Forecast and Analysis

7.           North America Hair Removal Products Market Analysis – By Product Type

7.1         Overview

7.2         Hair Removal Products Market, By Product Type (2021 and 2028)

7.3         Creams

7.3.1        Overview

7.3.2        Creams: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Wax Strips

7.4.1        Overview

7.4.2        Wax Strips: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Razors and Blades:

7.5.1        Overview

7.5.2        Razors and Blades: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

7.6         Epilators:

7.6.1        Overview

7.6.2        Epilators: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

7.7         Others:

7.7.1        Overview

7.7.2        Others: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

8.           North America Hair Removal Products Market Analysis – By End User

8.1         Overview

8.2         Hair Removal Products Market, By End User (2021 and 2028)

8.3         Men

8.3.1        Overview

8.3.2        Men: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Women

8.4.1        Overview

8.4.2        Women: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

9.           North America Hair Removal Products Market Analysis – By Distribution Channel

9.1         Overview

9.2         Hair Removal Products Market, By Distribution Channel (2021 and 2028)

9.3         Supermarkets and Hypermarkets

9.3.1        Overview

9.3.2        Supermarkets and Hypermarkets: Hair Removal Products Market– Revenue and Forecast to 2028 (US$ Million)

9.4         Convenience Stores

9.4.1        Overview

9.4.2        Convenience Stores: Hair Removal Products Market– Revenue and Forecast to 2028 (US$ Million)

9.5         Online Retail

9.5.1        Overview

9.5.2        Online Retail: Hair Removal Products Market– Revenue and Forecast to 2028 (US$ Million)

9.6         Others

9.6.1        Overview

9.6.2        Others: Hair Removal Products Market– Revenue and Forecast to 2028 (US$ Million)

10.        North America Hair Removal Products Market – Country Analysis

10.1      Overview

10.1.1.1       US: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       US: Hair Removal Products Market, By Product Type

10.1.1.1.2       US: Hair Removal Products Market, by End User

10.1.1.1.3       US: Hair Removal Products Market, by Distribution Channel

10.1.1.2       Canada: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       Canada: Hair Removal Products Market, By Product Type

10.1.1.2.2       Canada: Hair Removal Products Market, by End User

10.1.1.2.3       Canada: Hair Removal Products Market, by Distribution Channel

10.1.1.3       Mexico: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       Mexico: Hair Removal Products Market, By Product Type

10.1.1.3.2       Mexico: Hair Removal Products Market, by End User

10.1.1.3.3       Mexico: Hair Removal Products Market, by Distribution Channel

11.        Industry Landscape

11.1      Overview

11.2      New Product Development

11.3      Merger and Acquisition

12.        Company Profiles

12.1      Church & Dwight Co Inc

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Reckitt Benckiser Group Plc

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      GiGiSpa International Inc

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Oriflame Holding AG

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      The Procter & Gamble Co

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Koninklijke Philips NV

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Sally Hansen Inc

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Revitol Corp

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      American International Inc

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary of Terms

 

 

LIST OF TABLES

Table 1.             North America Hair Removal Products Market Revenue Forecast to 2028 (US$ Mn)

Table 2.             North America Hair Removal Products Market, by Key Country – Revenue (2021) (US$ Mn)

Table 3.             US Hair Removal Products Market, Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             US Hair Removal Products Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 5.             US Hair Removal Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Canada Hair Removal Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Canada Hair Removal Products Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Canada Hair Removal Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Mexico Hair Removal Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Mexico Hair Removal Products Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Mexico Hair Removal Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 1.             Glossary of Terms, North America Hair Removal Products Market

 

 

LIST OF FIGURES

Figure 1.           North America Hair Removal Products Market Segmentation

Figure 2.           North America Hair Removal Products Market Segmentation – By Country

Figure 3.           North America Hair Removal Products Market Overview

Figure 4.           North America Hair Removal Products Market, By Product Type

Figure 5.           North America Hair Removal Products Market, by Country

Figure 7.           Porter's Five Forces Analysis

Figure 8.           Ecosystem: North America Hair Removal Products Market

Figure 9.           Expert Opinion

Figure 10.        Hair Removal Products Market Impact Analysis of Drivers and Restraints

Figure 11.        North America Hair Removal Products Market Forecast and Analysis, 2020–2028 (US$ Mn)

Figure 12.        Hair Removal Products Market Revenue Share, By Product Type (2021 and 2028)

Figure 13.        Creams: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)

Figure 14.        Wax Strips: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)

Figure 15.        Razors and Blades: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)

Figure 16.        Epilators: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)

Figure 17.        Others: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)

Figure 18.        Hair Removal Products Market Revenue Share, By End User (2021 and 2028)

Figure 19.        Men: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)

Figure 20.        Women: Hair Removal Products Market – Revenue and Forecast To 2028 (US$ Million)

Figure 21.        Hair Removal Products Market Revenue Share, By Distribution Channel (2021 and 2028)

Figure 22.        Supermarkets and Hypermarkets: Hair Removal Products Market– Revenue and Forecast To 2028 (US$ Million)

Figure 23.        Convenience Stores: Hair Removal Products Market– Revenue and Forecast To 2028 (US$ Million)

Figure 24.        Online Retail: Hair Removal Products Market– Revenue and Forecast To 2028 (US$ Million)

Figure 25.        Others: Hair Removal Products Market– Revenue and Forecast To 2028 (US$ Million)

Figure 26.        North America Hair Removal Products Market Share Revenue, by Key Country (2021 and 2028)

Figure 27.        US: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Canada: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.           Mexico: Hair Removal Products Market – Revenue and Forecast to 2028 (US$ Million)

  1. American International Inc          
  2. Church & Dwight Co Inc             
  3. GiGiSpa International Inc            
  4. Koninklijke Philips NV                   
  5. Oriflame Holding AG                    
  6. Reckitt Benckiser Group Plc       
  7. Revitol Corp                                     
  8. Sally Hansen Inc                             
  9. The Procter & Gamble Co           
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America Hair Removal Products Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in North America Hair Removal Products Market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth North AmericaMarket trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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