Asia Pacific Men's Grooming Products Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.90 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia Pacific Men's Grooming Products Market Analysis
The Asia Pacific men's grooming products market size is expected to grow from USD 13.26 billion in 2023 to USD 19.40 billion by 2028, at a CAGR of 7.90% during the forecast period (2023-2028).
- Catering to a growing taste of consumers towards a variety of grooming products, the men's grooming range is adaptive based on targeted products that manufacturers are providing with significant spending on advertisements. Over the past years, the grooming routine has become more elaborate for men of all ages, and this factor has led to the emergence of several male grooming startups serving the unmet needs and growing demand in this field.
- The presence of young men in most of the urban clusters of Asia Pacific countries has a high disposable income. Such consumers are developing a trait that includes pedicures and facials, practicing aromatherapy, and spending heavily on clothes. Backed by rising urbanization and a growing tendency towards creating individualism, the men's grooming products segment is poised to witness significant growth in the region.
- Further, male consumers in the region focus on improving their overall skin health and use products helping nourish hair, face, and body. Furthermore, the demand for organic, natural, chemical-free, and cruelty-free products is rising owing to environmental and sustainability concerns. This has led manufacturers to focus on these criteria while introducing new product ranges in the regional market.
Asia Pacific Men's Grooming Products Market Trends
Growing Skin Concerns Among Men Leading to Purchase of Skincare Products
- Over the past years, the concept of masculine identity has evolved manifolds giving rise to significant demand for cosmetics and personal care by men in the modern social world, which was earlier focused solely towards females, with evidently increased sales through retail outlets.
- The growth of men's toiletries outpacing that of fragrances and shaving products in recent years indicates that male grooming has moved beyond the basics of shaving and fragrance, where more men are paying attention to their appearance, boosting the growth of male-specific skin grooming products in the market. Further, the rising number of skin concerns like aging, dryness, sun tan, etc., are leading to the increasing purchase of skincare products by male consumers in the skincare market.
- Owing to this, manufacturers are offering a skincare range specifically for men. For instance, in April 2022, Rana Daggubati, an Indian actor, launched his brand of men's grooming products, including face, beard, and skin care, in India. This D2C (direct-to-customer) company was created in collaboration with Roposo, a line entertainment platform in India.
- In addition, with the growing number of magazines on men's grooming and lifestyle, as well as the increasing popularity of websites that work around selling men's health and fitness content, the process of targeting the affluent consumer with the right product has become more convenient, thereby, driving the market further.
Japan is Witnessing Significant Growth in Men's Grooming Products
- Men's grooming habits in the Asia-Pacific region vary differently with respect to countries. Men across countries such as China and Japan have some high differences from those in other areas of the Asia Pacific region, where most consumers in the aforementioned country are inclined to shave with an electric razor.
- In most cases, this factor is largely influenced by multiple conditions, with lower facial hair growth density concentrated in a small area around the mouth. The demand for post-shave products is more than that for pre-shave products in countries like Japan, owing to the higher demand for electric razors rather than blades in the market.
- The taming and beard maintenance market has gained popularity in Japan over the past years. Further, there is an inclined demand for bathing essentials for men in Japan, followed by an increasing demand for skincare and haircare products.
- For instance, in March 2022, Varon, a Suntory-owned brand, introduced its all-in-one lotion, moisturizer, and serum in three different scents in Japan. This skincare brand positioned itself for middle-aged men 40 years of age, focusing on skin concerns including dryness, stickiness, and dullness. Therefore, the demand for men's grooming products is increasing in the Japanese market.
Asia Pacific Men's Grooming Products Industry Overview
The Asia-Pacific men's grooming products market is fragmented and competitive, with a strong presence of both regional and international players. Major players in the market have a strong hold on the market with the launch of new products. These players are focused on innovating new products, focusing on the customers' specific needs, thereby increasing their presence in the market.
The key players in the market include The Procter & Gamble Company, Unilever Plc, L'Oreal SA, Beiersdorf AG, and Shiseido Company, Ltd, among others. Further, the companies have been introducing new and innovative products with the inclusion of naturally derived ingredients so as to make their product unique from the existing products.
Owing to the rapidly developing nature of the market, new product innovation has become the most commonly used strategy among all, as it helps in understanding the changing needs of the consumers in the market.
Asia Pacific Men's Grooming Products Market Leaders
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The Procter & Gamble Company
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Unilever Plc
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L'Oreal SA
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Beiersdorf AG
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Shiseido Company, Ltd
*Disclaimer: Major Players sorted in no particular order
Asia Pacific Men's Grooming Products Market News
- April 2023: Villain Lifestyle, a men's fragrances, accessories, and grooming brand, announced the launch of its personal care range with a campaign starring actor Yash. The product launch included the launch of its new product, the Xtreme Foam Choco Mint Face Wash.
- March 2023: CODE, the brand under the Nourish Pvt. Ltd. company, announced the expansion of its haircare portfolio with the launch of its new hair serum. The company claims that the CODE Hair Serum is specifically designed for Indian men. Furthermore, the company claims that the product offers nourishing and strengthening properties that provide a good and healthy look for the hair and also aid in revitalization as the product consists of its unique blend of natural oils and advanced formula.
- February 2023: Nykaa announced the launch of its new brand, namely, Gentlemen's Crew. The company claims that the brand includes a holistic range of grooming and personal care products. Further, Gentlemen's Crew announced the launch of its robust portfolio of everyday essentials such as deodorants, beard care, and hair styling ranges.
- September 2022: the Japanese brand, Uno, launched its first sheet mask, which the company claims is exclusively designed for men.
APAC Men's Grooming Products Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions & Market Definitions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Market Drivers
- 4.1.1 Growing Skin Concerns Among Men Leading to Purchase of Skincare Products
- 4.1.2 The Taming and Beard Maintenance Market Dominates the Men's Grooming Products Market
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4.2 Market Restraints
- 4.2.1 Increasing Awareness Regarding the Side Effects Associated with Chemical Cosmetic/Skincare Products
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Product Type
- 5.1.1 Skincare Products
- 5.1.1.1 Face Wash
- 5.1.1.2 Moisturizers
- 5.1.1.3 Oil-Free Creams
- 5.1.1.4 Other Skincare Products
- 5.1.2 Haircare Products
- 5.1.2.1 Shampoo
- 5.1.2.2 Conditioners
- 5.1.2.3 Styling Products
- 5.1.2.4 Waxes
- 5.1.2.5 Other Haircare Products
- 5.1.3 Shaving Products
- 5.1.3.1 Pre-Shave
- 5.1.3.1.1 Shaving Cream
- 5.1.3.1.2 Pre-Shave Oil
- 5.1.3.1.3 Shaving Soap
- 5.1.3.1.4 Other Pre-Shave Products
- 5.1.3.2 Post-Shave
- 5.1.3.2.1 After-Shave
- 5.1.3.2.2 Balms
- 5.1.3.2.3 Other Post-Shave Products
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5.2 Distribution Channel
- 5.2.1 Supermarkets/Hypermarkets
- 5.2.2 Convenience/Grocery Stores
- 5.2.3 Specialty Stores
- 5.2.4 Online Retail Stores
- 5.2.5 Other Distribution Channels
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5.3 Country
- 5.3.1 China
- 5.3.2 India
- 5.3.3 Japan
- 5.3.4 Australia
- 5.3.5 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 The Procter & Gamble Company
- 6.3.2 Unilever Plc
- 6.3.3 The Man Company
- 6.3.4 Bombay Shaving Company
- 6.3.5 Beiersdorf AG
- 6.3.6 Emami Group
- 6.3.7 Colgate-Palmolive Company
- 6.3.8 Vi-john Group
- 6.3.9 Shiseido Company, Limited
- 6.3.10 L'Oreal SA
- 6.3.11 Villain Lifestyle
- 6.3.12 Nourish Pvt. Ltd.
- 6.3.13 Gentlemen's Crew
- 6.3.14 Maaj Holding (Uno)
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER
Asia Pacific Men's Grooming Products Industry Segmentation
Men's grooming products means the products used by men to enhance their appearance.
The men's grooming products market is segmented by product type, distribution channel, and geography. By product type, the market is segmented into skincare products, hair care products, and shaving products. The skin care products are further segmented into face wash, moisturizers, oil-free creams, and other skincare products. The haircare products are further segmented into shampoos, conditioners, styling products, waxes, and other hair care products. The shaving products segment is further classified into pre-shave and post-shave segments. The pre-shave sub-segment comprises shaving cream, pre-shave oil, shaving soap, and other pre-shave products. The post-shave sub-segment comprises after-shave, balms, and other post-shave products. The market is differentiated by distribution channels into supermarkets/hypermarkets, convenience/grocery stores, specialty stores, online retail stores, and other distribution channels. The market is also segmented by country into China, India, Japan, Australia, and the Rest of Asia-Pacific.
For each segment, the market sizing and forecasts have been done based on value (USD).
| Product Type | Skincare Products | Face Wash | |
| Moisturizers | |||
| Oil-Free Creams | |||
| Other Skincare Products | |||
| Product Type | Haircare Products | Shampoo | |
| Conditioners | |||
| Styling Products | |||
| Waxes | |||
| Other Haircare Products | |||
| Product Type | Shaving Products | Pre-Shave | Shaving Cream |
| Pre-Shave Oil | |||
| Shaving Soap | |||
| Other Pre-Shave Products | |||
| Product Type | Shaving Products | Post-Shave | After-Shave |
| Balms | |||
| Other Post-Shave Products | |||
| Distribution Channel | Supermarkets/Hypermarkets | ||
| Convenience/Grocery Stores | |||
| Specialty Stores | |||
| Online Retail Stores | |||
| Other Distribution Channels | |||
| Country | China | ||
| India | |||
| Japan | |||
| Australia | |||
| Rest of Asia-Pacific |
APAC Men's Grooming Products Market Research FAQs
What is the current Asia Pacific Men's Grooming Products Market size?
The Asia Pacific Men's Grooming Products Market is projected to register a CAGR of 7.90% during the forecast period (2024-2029)
Who are the key players in Asia Pacific Men's Grooming Products Market?
The Procter & Gamble Company, Unilever Plc, L'Oreal SA, Beiersdorf AG and Shiseido Company, Ltd are the major companies operating in the Asia Pacific Men's Grooming Products Market.
What years does this Asia Pacific Men's Grooming Products Market cover?
The report covers the Asia Pacific Men's Grooming Products Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia Pacific Men's Grooming Products Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia Pacific Men's Grooming Products Industry Report
Statistics for the 2024 Asia Pacific Men's Grooming Products market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Men's Grooming Products analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
