Global Depilatory Products Market Overview:
Depilatory Products break down the keratin structure, the proteins, of the hair. The base of the hairs is effectively thinned and dissolved to the point that they are fragile enough to be torn off as the cream is rubbed away. The creams usually contain a variety of alkaline chemicals that are designed to break down the proteins while being healthy for the skin. Unlike shaving, which cuts through the hair just above the level of the skin, depilatory agents dissolve the hair just below the surface of the skin, resulting in a Fast and Painless hair removal experience.
Growth Drivers
- Growing Demand for Natural Hair Products
- Rising Men’s Hair Care Awareness
- Increasing Disposable Income Among Females
Market Trends
- Increasing Demand for Temporary Hair Color
Roadblocks
- Side Effects including Hair Loss, Breakage etc.
Opportunities
- Growing Adoption of Urban Lifestyle
- Fast Pace Innovation in Cosmetics
Challenges
- Presence of Counterfeit Products
Competitive Landscape:
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.
Some of the key players profiled in the report are Procter & Gamble (United States), L’Oreal (France), Church and Dwight Co. Inc. (United States), Nads Corporation (United States), Reckitt Benckiser (United Kingdom), Edgewell Personal Care (United States), Jolen Inc. (United States), Coloris Ltd. (Poland), Kera-Ban Wax Products (United States) and American International Industries (United States). Additionally, following companies can also be profiled that are part of our coverage like NEUD (Wet & Dry Personal Care) (India), WOW Skin Science (India), Lira Style (United States) and Sanfe (India). Analyst at AMA Research see United States & Indian Vendors to retain maximum share of Global Depilatory Products market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online (E-commerce Websites, 3rd Party Online Sales) will boost the Depilatory Products market. Considering Market by Packaging, the sub-segment i.e. Tube will boost the Depilatory Products market.
Latest Market Insights:
On 20th May, 2020 - Lira Style Launched its New Laser Hair Removal Platform “Cervello”, Which Uses Max-Cooling Technology, That Can Reach -5 Degrees Celsius, Provides Nearly Pain-Free Therapies. The Unit, Which Is Small and Compact, Is Claimed to Be Ideal to Every Medspa, Medical Office, Or Dermatology Clinic. and On 27th Jaunuary, 2020 - Lumenis Released their New LightSheer QUATTRO, Laser Hair Removal Platform, at 22nd International Master Course on Aging Science (IMCAS). Device Provides Laser Hair Reduction Procedures for All Skin Types, As Well As Treatment of Pigmented and Vascular Lesions, All with No Downtime.
What Can be Explored with the Depilatory Products Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Depilatory Products Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Depilatory Products
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Depilatory Products market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Depilatory Products market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Depilatory Products Manufactures, New Entrants and Investors, Depilatory Products Distributors and Suppliers, Venture Capitalists and Private Equity Firms, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.