Global Shaving Foam Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2026, at a CAGR of 4.21 % during a forecast period.
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Shaving foam or shaving cream is mainly applied to the skin, which helps to remove unwanted hair. The foam commonly contains an emulsion of surfactants or soaps, oils, and water.
Change in lifestyle, the requirement for additional convenience, and an increase in beauty awareness among consumers are some of the driving factors behind the growth of the shaving foam market. Additionally, visibility and availability online, and discounts and clubbed offers on the shaving foam products are resulting in increased sales. The addition of constituents to enhance the fragrance and impart other benefits in shaving foam is expected to boost the demand for the shaving foam.
On the other hand, the rise in penetration of electric shavers and trend of a full beard is projected to limit the growth of demand for shaving foam during the forecast period.
An Introduction of new organic products for nourishing, rejuvenating, and hydrating the skin is expected to drive the product demand. The product removes concerns like dryness and rashes after shaving, which is expected to boost product demand.
The online distribution channel is expected to grow at a XX % rate of CAGR during the forecast period. An increase in the number of online distribution channels like Amazon, Walmart, Nykaa, Myntra, and Paytm among others are offering an array of shaving foam products, which is expected to drive the growth in the market. Doorway delivery services and availability of discounts and offers are expected to boost the segment growth.
A rise in penetration of smartphones, the internet, and the popularity of online shopping is expected to boost the market growth.
Shaving foam key players are focusing on providing skin-friendly products using natural and organic ingredients, which are tested on standard parameters to prevent the risk of allergies and side effects. Some of the key players are engaging in mergers and acquisitions to establish their domination in the market. Additionally, product innovation in terms of fragrances and other purifying ingredients like black carbon and cocoa butter for a comfortable shave is expected to increase the demand for shaving foam.
The objective of the report is to present a comprehensive analysis of Global Shaving Foam Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report.
External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Shaving Foam Market dynamics, structure by analysing the market segments and project the Global Shaving Foam Market size. Clear representation of competitive analysis of key players by Thyroid Gland Disorders Treatment Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Shaving Foam Market make the report investor’s guide.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
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Scope of the Global Shaving Foam Market: Inquire before buying
Global Shaving Foam Market, By Product
• Organic
• Conventional
Global Shaving Foam Market, By Distribution Channel
• Hypermarkets, supermarkets, and departmental stores
• Specialty stores
• Online retail
Global Shaving Foam Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Shaving Foam Market
• The Procter and Gamble Company
• Beiersdorf AG
• L'Oréal S.A.
• AHAVA
• Biotherm
• Pierre Fabre Dermo-Cosmetique USA
• The Colgate-Palmolive Company
• Mary Kay Inc.
• Roger & Gallet
• Godrej Group
• Avon Products, Inc
• Estee Lauder Companies, Inc.
• Johnson & Johnson
• Shiseido Company Limited
• Bulldog Skincare
• Lush North America
• VI-John Group
• Unilever PLC
• NEW AVON COMPANY
• Gillette
• Super-Max Limited
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