The global hair removal wax market is anticipated to grow at a significant rate during the forecast period owing to growing importance of beauty and fashion trends coupled with increasing innovation in hair removing products. The rise in per capita disposable income is one of the key factors leading to increasing demand for hair removal wax around the world. Increasing number of beauty salons and spas are also acting as a growth factor for the market. The improved standard of living and changing lifestyle are some other factors expected to drive the growth of hair removal wax market by 2028.
Along with unwanted hair, hair removal wax also removes dry and dead skin cells thereby giving skin a fresh and smooth feel. It is one of the fastest ways of removing unwanted hair. The demand for hair removal wax comes from women of all ages and as tailored grooming becomes mainstream, men are also seeking for waxing. Moreover, with the launch of at home wax techniques like wax stripes, the market is poised to undergo formidable rate of growth in the coming years.
Global hair removal wax market can be segmented based on
Based on distribution channel, the global hair removal wax market is categorized into online and offline market
Major companies operating in the global hair removal wax market include MarzenaBodyCare, Inc., Church & Dwight Co., Inc. (Nair), GiGi, Harley Wax, Jax Wax Australia, Kera-Ban Wax Products, Parissa Laboratories Inc., PerronRigot, Reckitt Benckiser (Veet), Sally Hanse, Starpil Wax Co.and Sue Ismiel and Daughters (Nad's), among others. Companies are focusing on new product launches to expand their product portfolio. They are also undergoing merger & acquisitions to increase their global reach.
Objective of the Study
- To analyse and forecast the market size of global hair removal wax market.
- To forecast global Hair Removal Wax market based on product type, application, gender, distribution channel, company, and regional distribution.
- To identify drivers and challenges for global hair removal wax market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global hair removal wax market.
- To identify and analyse the profile of leading players operating in the global hair removal wax market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of hair removal wax manufacturing companies across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the vendors which could not be identified due to the limitations of secondary research.
Market insights research calculated global hair removal wax market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. Market insights research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by Market insights research.
Key Target Audience
- Hair removal wax manufacturing companies/partners
- Suppliers/Distributers
- End-Users
- Government bodies such as regulating authorities and policy makers
- Organizations, industry associations, forums and alliances related to hair removal wax market
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as hair removal wax manufacturing companies and partners, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
