Published Date: 16-Jul-2020
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According to a new report Global Men Skincare Products Market, published by KBV research, The Global Men Skincare Products Market size is expected to reach $16.6 billion by 2026, rising at a market growth of 8.5% CAGR during the forecast period.
Supermarkets and hypermarkets surfaced as the most influential distribution channel for men's skincare solutions in 2019 as is the case with women's skincare products. Due to a substantial rise in the number of online shoppers globally, the e-commerce segment is projected to grow at the fastest CAGR in the forecast period.
The Shave Care market dominated the Global Men Skincare Products Market by Products in 2019. The Creams & Moisturizers market is expected to witness a CAGR of 8.2% during (2020 - 2026). Additionally, The Other Products market is expected to witness highest CAGR of 8.9% during (2020 - 2026).
Europe emerged as the largest regional market. Manufacturers operating in this region benefit from a rapidly growing consumer base, driven by countries such as Germany and the UK. Europe also houses a large number of traditional and natural skin care brands for men, thereby justifying its popularity on the international market. Asia Pacific is predicted to expand over the projected period, at the fastest CAGR. A key factor driving the demand in this area is the proliferation of direct-to-consumer products, most notably in countries such as China and India.
Structural Insights: https://www.kbvresearch.com/men-skincare-products-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Procter and Gamble Company, Unilever PLC, L'Oreal Group, Johnson and Johnson, Coty, Inc. (JAB Cosmetics B.V.), Koninklijke Philips N.V., Beiersdorf AG, Estee Lauder Companies, Inc., Energizer Holdings, Inc., and Edgewell Personal Care Company.
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