Hair Removal Wax Market Introduction and Overview
According to SPER Market Research, the Global Hair Removal Wax Market is estimated to reach USD 18.60 billion by 2033 with a CAGR of 6.2%.
The report includes an in-depth analysis of the Hair Removal Wax Market, including market size and trends, product mix, Applications, and supplier analysis. Waxing is a method of removing unwanted hair from the roots that uses hair removal wax. Wax is a sticky material that sticks to the body hair when applied to the skin. Hair is removed from the follicle by pulling on its covering. A semi-permanent hair removal method is removal wax. For two to eight weeks, hair does not grow in the previously waxed area. Although, for some people, hair regrowth begins within a week. Hair removal wax can be used on practically any part of the body, including the brow, face, arm, intimate area, belly, and feet.
- 2021: American International Industries has announced intentions to release its new unique "Italwax Solo Glowax Kit" for facial hair removal, which is suited for both home and professional use. This product is carefully prepared for sensitive skin and has been formulated in a specific hot film wax with multidirectional application and sanitary hair removal. The company intends to extend its product portfolio, which will aid in increasing its global client reach.
Market Opportunities and Challenges
The primary drivers and hair removal wax market trends include an improvement in the economic environment, an increase in the elderly population, and an increase in disposable income. Increasing female workforce population and rising female income contribute to greater spending capacity on premium personal care and grooming items, including body wax products. Waxing enhances skin tone, exfoliates the epidermis to prevent ingrown hairs, and encourages cell growth. Growing popularity of spas and salons, as well as increased Internet penetration supported by strategic marketing and celebrity participation, are also positively driving market growth.
Women and men utilise a variety of shaving techniques, including hair removal creams and razors, to remove unwanted hair since they are easier to use and less expensive. Furthermore, laser hair removal can lessen the need for additional treatments while leaving the affected area hair-free for years or months after surgery. These difficulties are expected to restrict waxing kit sales in the future. With changing customer tastes, non-surgical and non-invasive hair removal treatments are becoming more popular. Moisturizers, laser-based hair removal, and shaving are alternatives to waxing since they produce fewer skin abrasions or irritation.
Market Competitive Landscape
Suppliers of hair removal wax are working on a variety of tactics to achieve their objectives, such as product quality control, new developments, supply chain management, and so on. Industry companies are investing heavily in product innovation, expanding their geographic reach. The major players in the market include: American International Industries, Church & Amp; Dwight Co, Colori’s So. Z.O.O, Filo Bianco S.r.l, GiGi, Harley Waxing, Harley Waxing, Karaver, Marzena Body Care Products, Parissa Laboratories Inc, Perron Rigot, Reckitt Benckiser Group Plc., Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Type, By Ingredients, By Distribution Channel, By Gender, By Skin Type, By Coverage
|
Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
|
Companies Covered | American International Industries, Church & Amp; Dwight Co, Colori’s So. Z.O.O, Filo Bianco S.r.l, GiGi, Harley Waxing, Harley Waxing, Karaver, Marzena Body Care Products, Parissa Laboratories Inc, Perron Rigot, Reckitt Benckiser Group Plc., Others
|
COVID-19 Impact on Global Hair Removal Wax Market
The COVID-19 pandemic has had an impact on practically every industry, either positively or badly. The hair removal wax market had a considerable increase in growth due to its inclusion in hygiene products. However, due to the lockdown scenario, the supply chain and production of wax items have been hampered, resulting in product scarcity in the economy. To survive in the post-COVID-19 environment, companies must identify new opportunities, challenges, and emerging trends in the related industries in order to modify their products or change their brand positioning accordingly, so that they can cater to new customer needs or stimulate demand for their brands.
Key Target Audience:
- Beauty and Grooming Enthusiasts
- Men
- Salon Gores
- Sensitive skin users
- Women
Our in-depth analysis of the Hair Removal Wax Market includes the following segments:
By Type:
|
Hard Wax
Soft Wax
|
By Ingredient:
|
Organic
Synthetic
|
By Distribution Channel:
|
Offline
Online
|
By Gender:
|
Men
Women
|
By Skin Type:
|
Dry Skin
Oily Skin
Normal skin
Sensitive Skin
|
Key Topics Covered in the Report:
- Global Hair Removal Wax Market Size (FY’2023-FY’2033)
- Overview of Global Hair Removal Wax Market
- Segmentation of Global Hair Removal Wax Market By Type (Soft Wax, Hard Wax)
- Segmentation of Global Hair Removal Wax Market By Ingredients (Organic, Synthetic)
- Segmentation of Global Hair Removal Wax Market By Distribution Channel (Offline, Online)
- Segmentation of Global Hair Removal Wax Market By Gender (Women, Men)
- Segmentation of Global Hair Removal Wax Market By Skin Type (Dry Skin, Oily Skin, Normal Skin, Sensitive Skin, Others)
- Segmentation of Global Hair Removal Wax Market By Coverage (Face, Body/Arms/Legs, Bikini)
- Statistical Snap of Global Hair Removal Wax Market
- Expansion Analysis of Global Hair Removal Wax Market
- Problems and Obstacles in Global Hair Removal Wax Market
- Competitive Landscape in the Global Hair Removal Wax Market
- Impact of COVID-19 and Demonetization on Global Hair Removal Wax Market
- Details on Current Investment in Global Hair Removal Wax Market
- Competitive Analysis of Global Hair Removal Wax Market
- Prominent Players in the Global Hair Removal Wax Market
- SWOT Analysis of Global Hair Removal Wax Market
- Global Hair Removal Wax Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Hair Removal Wax Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Hair Removal Wax Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Hair Removal Wax Market
7. Global Hair Removal Wax Market, By Type (USD Million)
7.1. Global Hair Removal Wax Market Value Share and Forecast, By Type, 2023-2033
7.2. Hard Wax
7.2.1. Beads
7.2.2. Others
7.3. Soft Wax
7.3.1. Cream
7.3.2. Gel
7.3.3. Pre-Made Wax Strips
7.3.4. Others
8. Global Hair Removal Wax Market, By Ingredient (USD Million)
8.1. Global Hair Removal Wax Market Value Share and Forecast, By Ingredient, 2023-2033
8.2. Organic
8.3. Synthetic
9. Global Hair Removal Wax Market, By Distribution Channel (USD Million)
9.1. Global Hair Removal Wax Market Value Share and Forecast, By Distribution Channel, 2023-2033
9.2. Offline
9.2.1. Supermarket/Hypermarket
9.2.2. Speciality Stores
9.2.3. Others
9.3. Online
9.3.1. Company Owned Websites
9.3.2. E-Commerce Websites
10. Global Hair Removal Wax Market, By Gender (USD Million)
10.1. Global Hair Removal Wax Market Value Share and Forecast, By Gender, 2023-2033
10.2. Men
10.3. Women
11. Global Hair Removal Wax Market, By Skin Type (USD Million)
11.1. Global Hair Removal Wax Market Value Share and Forecast, By Skin Type, 2023-2033
11.2. Dry Skin
11.3. Oily Skin
11.4. Normal skin
11.5. Sensitive Skin
11.6. Others
12. Global Hair Removal Wax Market, By Coverage (USD Million)
12.1. Global Hair Removal Wax Market Value Share and Forecast, By Coverage, 2023-2033
12.2. Face
12.3. Body/Arms/Legs
12.4. Bikini
13. Global Hair Removal Wax Market Forecast, 2019-2033 (USD Million)
13.1. Global Hair Removal Wax Market Size and Market Share
14. Global Hair Removal Wax Market, By Type, 2019-2033 (USD Million)
14.1. Global Hair Removal Wax Market Size and Market Share By Type (2019-2026)
14.2. Global Hair Removal Wax Market Size and Market Share By Type (2027-2033)
15. Global Hair Removal Wax Market, By Ingredients, 2019-2033 (USD Million)
15.1. Global Hair Removal Wax Market Size and Market Share By Ingredients (2019-2026)
15.2. Global Hair Removal Wax Market Size and Market Share By Ingredients (2027-2033)
16. Global Hair Removal Wax Market, By Distribution Channel, 2019-2033 (USD Million)
16.1. Global Hair Removal Wax Market Size and Market Share By Distribution Channel, (2019-2026)
16.2. Global Hair Removal Wax Market Size and Market Share By Distribution Channel, (2027-2033)
17. Global Hair Removal Wax Market, By Gender, 2019-2033 (USD Million)
17.1. Global Hair Removal Wax Market Size and Market Share By Gender, (2019-2026)
17.2. Global Hair Removal Wax Market Size and Market Share By Gender, (2027-2033)
18. Global Hair Removal Wax Market, By Skin Type, 2019-2033 (USD Million)
18.1. Global Hair Removal Wax Market Size and Market Share By Skin Type, (2019-2026)
18.2. Global Hair Removal Wax Market Size and Market Share By Skin Type, (2027-2033)
19. Global Hair Removal Wax Market, By Coverage, 2019-2033 (USD Million)
19.1. Global Hair Removal Wax Market Size and Market Share By Coverage, (2019-2026)
19.2. Global Hair Removal Wax Market Size and Market Share By Coverage, (2027-2033)
20. Global Hair Removal Wax Market, By Region, 2019-2033 (USD Million)
20.1. Global Hair Removal Wax Market Size and Market Share By Region (2019-2026)
20.2. Global Hair Removal Wax Market Size and Market Share By Region (2027-2033)
20.3. Asia-Pacific
20.3.1. Australia
20.3.2. China
20.3.3. India
20.3.4. Japan
20.3.5. South Korea
20.3.6. Rest of Asia-Pacific
20.4. Europe
20.4.1. France
20.4.2. Germany
20.4.3. Italy
20.4.4. Spain
20.4.5. United Kingdom
20.4.6. Rest of Europe
20.5. Middle East and Africa
20.5.1. Kingdom of Saudi Arabia
20.5.2. United Arab Emirates
20.5.3. Rest of Middle East & Africa
20.6. North America
20.6.1. Canada
20.6.2. Mexico
20.6.3. United States
20.7. Latin America
20.7.1. Argentina
20.7.2. Brazil
20.7.3. Rest of Latin America
21. Company Profile
21.1. American International Industries
21.1.1. Company details
21.1.2. Financial outlook
21.1.3. Product summary
21.1.4. Recent developments
21.2. Church & Amp; Dwight Co
21.2.1. Company details
21.2.2. Financial outlook
21.2.3. Product summary
21.2.4. Recent developments
21.3. Colori’s So. Z.O.O
21.3.1. Company details
21.3.2. Financial outlook
21.3.3. Product summary
21.3.4. Recent developments
21.4. Filo Bianco S.r.l
21.4.1. Company details
21.4.2. Financial outlook
21.4.3. Product summary
21.4.4. Recent developments
21.5. GiGi
21.5.1. Company details
21.5.2. Financial outlook
21.5.3. Product summary
21.5.4. Recent developments
21.6. Harley Waxing
21.6.1. Company details
21.6.2. Financial outlook
21.6.3. Product summary
21.6.4. Recent development
21.7. Jax Wax
21.7.1. Company details
21.7.2. Financial outlook
21.7.3. Product summary
21.7.4. Recent developments
21.8. Karaver
21.8.1. Company details
21.8.2. Financial outlook
21.8.3. Product summary
21.8.4. Recent developments
21.9. Marzena Body Care Products
21.9.1. Company details
21.9.2. Financial outlook
21.9.3. Product summary
21.9.4. Recent developments
21.10. Parissa Laboratories Inc.
21.10.1. Company details
21.10.2. Financial outlook
21.10.3. Product summary
21.10.4. Recent developments
21.11. Perron Rigot
21.11.1. Company details
21.11.2. Financial outlook
21.11.3. Product summary
21.11.4. Recent developments
21.12. Reckitt Benckiser Group Plc.
21.12.1. Company details
21.12.2. Financial outlook
21.12.3. Product summary
21.12.4. Recent developments
21.13. Others
22. List of Abbreviations
23. Reference Links
24. Conclusion
25. Research Scope