About Hair Removal Wax
Hair removal wax is used for waxing purposes. It is a method of epilation that removes unwanted hair from the body. Heated wax is applied to the skin and hairs are removed. It is a temporary method of hair removal and hairs come after some weeks again. Hair removal wax also helps to dead cells and improves skin tone. Thus the demand for hair removal wax is higher in beauty salons and spas. The factors such as Rising Awareness about Personal Care and Hygiene, Increase in Beauty Consciousness and the Fashion Trend of Hairless Body are driving the global hair removal wax market. The trend of At-Home Hair Removal Wax Techniques also boosting the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 17.6% |
Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Hair Removal Wax market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Church & Dwight Co., Inc. (United States), Coloris Cosmetics (Poland), American International Group (United States), Reckitt Benckiser (United Kingdom), Parissa Laboratories Inc. (Canada), Jax Wax (Australia), Harley Waxing (United Kingdom), GiGi (United States), Kera-Ban Wax Products (United States) and Lee-Chem Laboratories (South Africa) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Marzena BodyCare, Inc. (New Zealand), Darent Wax Company Ltd. (United Kingdom), Starpil Wax Co. (United States) and Perron Rigot (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Hair Removal Wax market by Type (Hard Wax and Soft Wax), Application (Individual and Commercial) and Region.
On the basis of geography, the market of Hair Removal Wax has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Chanel, the sub-segment i.e. Online will boost the Hair Removal Wax market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-user, the sub-segment i.e. Men will boost the Hair Removal Wax market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Trend of At-Home Hair Removal Wax Techniques and Preference to Product with Organic Ingredients
Market Growth Drivers:
Rising Awareness about Personal Care and Hygiene, Increase in Beauty Consciousness and Fashion Trend of Hairless Body
Challenges:
Rising Number of Cases of Infections
Restraints:
Side Effects of the Hair Removal Wax
Opportunities:
Demand for Innovative Products and Packaging Solutions
Market Leaders and their expansionary development strategies
In March 2019, Church & Dwight Co., Inc. signed an agreement with Ideavillage Products Corporation to acquire the FLAWLESS and FINISHING TOUCH brands of hair removal products, the maker leader in women’s electric hair removal products.
In April 2022, Veet®, the world leader in depilatory products, launched its new campaign with brand ambassador Katrina Kaif today. The campaign focuses on equipping and catering to the needs of the modern, multifaceted, young women of today with Veet’s Cold Wax Strips.
Key Target Audience
Hair Removal Wax Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Research Organization and Associations, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.