The North America Shaving Cream Market would witness market growth of 7.9% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 247.9 million units (PACK OF 6OZ), showcasing a growth of 8.7% (2020-2023).
Consumers typically use low-priced shaving creams as a practical solution for everyday grooming, especially for routine shaving tasks where premium features may not be necessary. Thus, the Canada market consumed 34.3 million units (pack of 60Z) of shaving cream in the market 2022.
The US market dominated the North America Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,494 million by 2031. The Canada market is experiencing a CAGR of 10.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 9.4% during (2024 - 2031).
It serves many applications in personal grooming routines, catering to individuals’ diverse needs and preferences seeking a smooth and comfortable shaving experience.
Moreover, one of the primary applications of it, is to prepare facial and body hair for removal. This often the hair follicles and create a lubricating layer over the skin, allowing the razor to glide smoothly during the shaving process.
E-commerce platforms have significantly increased the accessibility of shaving cream products for Canadian consumers. Regardless of whether they live in urban centers or rural regions, Canadians can now easily browse and purchase a diverse selection of its brands and formulations online, overcoming geographical obstacles to acquiring grooming necessities.
Free Valuable Insights: The Shaving Cream Market is Predict to reach USD 30.3 billion by 2031, at a CAGR of 8.3%
Based on End User, the market is segmented into Men, and Women. Based on Distribution Channel, the market is segmented into Specialty Stores, Hypermarkets & Supermarkets, Online Sales Channel, and Others. Based on Price Point, the market is segmented into Low, Medium, and High.Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By End User (Volume, Million Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Million Units, USD Billion, 2020-2031)
By Price Point (Volume, Million Units, USD Billion, 2020-2031)
By Country (Volume, Million Units, USD Billion, 2020-2031)
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