What is Beard Oil Market?
Beard oil is used as a styling agent by keeping it smelling fresh, it also helps int the stages of growing out facial hair. Moreover, it acts as a moisturizer that goes straight to the hair follicle and restricts hair from growing brittle, especially in cold, windy environments as these weather conditions cause the natural moisture of the beard area. It is essential to the source of hair care and treatment which has been consistently used by major population across the globe. Furthermore, it keeps hydration around the beard area helps prevent flaking, dandruff and skin dryness. Some of the beard oil may contain added vitamins or nutrients such as vitamin E. This moisturization prevents general itchiness and irritation of the skin under the beard.
The market study is being classified by Type (Organic and Conventional), by Application (Household, Salon and Parlour) and major geographies with country level break-up.
Artnaturals (United States), Mountaineer Brand (United States), Smooth Viking (United States), The Gentlemen's (Germany), CREMO (United States), Northern Fir’s (United States), Khadi (India), Leven Rose (United States), Honest Amish (United States) and Hindustan Unilever Limited (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Brickell Men's Products (United States) and Bossman Brands (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Beard Oil market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Beard Oil market by Type, Application and Region.
On the basis of geography, the market of Beard Oil 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing consumers spending on facial products to Drive the Global Beard Oil Market
- Growing awareness about these products and the increasing target population across the globe
Market Trend
- High demand for the organic beard oil
Restraints
- Use of homemade beard oil will hinder the growth
Opportunities
- Emerging demand from the developing countries owing to the rise in the disposable income of the people
Challenges
- The entrance of the new manufacturers
In April 2019 John Spectre John launches Beard Oil in India, John Spectre enters the Indian FMCG market with the launch of this premium Beard Oil which is available exclusively via Amazon. It is the first time that John Spectre is entering the beard grooming range in India. Introducing products in-line with global standards and with the topmost ingredients. The male grooming segment is witnessing tremendous growth in India.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Beard Oil Manufacturer, Beard Oil Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry