The Worldwide Hair Removal Wax Market is Projected to reach USD 4.5 Billion by 2028, at a CAGR of 7.9%

Published Date: 31-Jul-2022

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Hair Removal Wax Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Hair Removal Wax Market size is expected to reach $4.5 billion by 2028, rising at a market growth of 7.9% CAGR during the forecast period.

The Female segment acquired maximum revenue share in the Global Hair Removal Wax Market by Gender in 2021, and thereby, achieving a market value of $3.4 billion by 2028. Due to the fact that many manufacturers have created items that are specifically made to meet the needs of women, it is projected that the women's market will have a larger share of the overall market. Further, the women population is more concerned about looking attractive which is accelerating the demand for hair removal wax in this segment.

The Hard-Wax segment is showcasing a CAGR of 8.1% during (2022 - 2028). Hard wax is less painful & less unpleasant in sensitive places than soft wax, which adheres to the skin & then exfoliates. Soft wax can be used on larger areas & can effectively grasp hair, however, hard wax should only be used on smaller areas because it may easily crack. Hard wax adheres better than soft wax because it leaves no glue residue and is easier to clean up than soft wax.

The Hypermarkets/ Supermarkets segment is leading the Global Hair Removal Wax Market by Distribution Channel in 2021 thereby, achieving a market value of $1.5 billion by 2028. Due to the availability of a wide variety of consumer items under a single roof, with plenty of parking space & convenient operating hours, hypermarkets & supermarkets will have a high demand for hair removal wax.

The North America market dominated the Global Hair Removal Wax Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.6 billion by 2028. The Europe market is exhibiting a CAGR of 7.5% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 8.4% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/hair-removal-wax-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 Church & Dwight Co., Inc., American International Group, Inc., Reckitt Benckiser Group PLC, Coty, Inc., SI&D (Aust) Pty Ltd, The Darent Wax Company Ltd., Starpil Wax Co., Rica Group, Marzena Bodycare Australasia, and Filo Bianco S.r.l.

Global Hair Removal Wax Market Segmentation

By Gender

  • Female
  • Male

By Type

  • Soft Wax
  • Hard Wax
  • Premade Wax Strips

By Distribution Channel

  • Hypermarkets/ Supermarkets
  • Specialty Stores
  • Pharmacies
  • Online Sales Channel
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Church & Dwight Co., Inc.
  • American International Group, Inc.
  • Reckitt Benckiser Group PLC
  • Coty, Inc.
  • SI&D (Aust) Pty Ltd
  • The Darent Wax Company Ltd.
  • Starpil Wax Co.
  • Rica Group
  • Marzena Bodycare Australasia
  • Filo Bianco S.r.l.

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  • Assured post sales research support with 10% customization free

Related Reports:

North America Hair Removal Wax Market Size & Opportunities 2022-2028

Europe Hair Removal Wax Market & Growth Forecast 2022-2028

Asia Pacific Hair Removal Wax Market Share & Industry Outlook to 2028

LAMEA Hair Removal Wax Market Growth, Trends & Forecasts 2022-2028

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