According to a new report LAMEA Beard Oil Market, published by KBV Research, the LAMEA Beard Oil Market would witness market growth of 7.7% growth rate during the forecast period (2019-2025).
The Brazil market dominated the LAMEA Beard Oil Market by Country in 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $44.5 million by 2025, growing at a CAGR of 6.9 % during the forecast period. The Argentina market is expected to witness a CAGR of 8.6% during (2019 - 2025). Additionally, The UAE market is expected to witness a CAGR of 7.1% during (2019 - 2025).
The Convenience Stores market gained the highest market share to the Brazil Beard Oil Market by Distribution Channels in 2018, and would retain its position in market till 2025; rising at a growth of 6.1% CAGR during the forecast period. The Online market is projected to experience a growth of 7.5% CAGR during (2019 - 2025).
The Conventional market contributed the largest revenue to the UAE Beard Oil Market by Type in 2018, and is expected to attain a market size of $26.5 million by 2025. The Organic market is predicted to witness fastest growth of 8.7% CAGR during (2019 - 2025).
Full Report:https://www.kbvresearch.com/lamea-beard-oil-market/
The report highlights the adoption of Beard Oil in LAMEA. Based on Type, the market is segmented into Organic and Conventional. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores and Online. The report also covers geographical segmentation of Beard Oil market. The countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.
Key market participants profiled in the report includes Bossman Brands, Leven Rose, Hindustan Unilever Limited (HUL) (Unilever) Inc., The American Beard Company, Artnaturals, Brickell Men's Products, The Gentleman, Honest Amish, Viking Revolution and Mountaineer Brand.
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