Hair removal cream depilates by chemically dissolving hair that grows on the surface of the skin. They are a temporary solution for removing hairs. On the other hand, electrolysis and laser are permanent hair removal procedures, which are gaining popularity worldwide.
However, laser treatment is an expensive solution, thereby restricting its use among high-income group consumers. Consumers intending to spend less tend to opt for cheap and effective solutions like hair removal creams.
The analysts forecast the global hair removal cream market to grow at a CAGR of 8.34% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global hair removal cream market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of hair removal in the market used for normal, dry, sensitive, and other skin types.
The market is divided into the following segments based on geography:
- North America
- Latin America
The report, Global Hair Removal Cream Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Church & Dwight
- Reckitt Benckiser
- Procter & Gamble
Other prominent vendors
- Sally Hansen
- Vi-John Group
- Skin Doctors Cosmeceuticals
- Religious custom
- High preference of other hair removal methods
- Growing penetration in emerging markets
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Market overview
- Five forces analysis
- Global hair removal cream market by distribution channels
- Global hair removal cream market by geography
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
- Competitive scenario
PART 14: Key vendor analysis
- Avon Products
- Church & Dwight
- Reckitt Benckiser
- List of abbreviations
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global hair removal cream market
Exhibit 03: Global hair removal cream market 2015-2020 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global hair removal cream market by distribution channels 2015-2020
Exhibit 06: Hair removal cream market by supermarkets/hypermarkets 2015-2020 ($ millions)
Exhibit 07: Hair removal cream market by department stores 2015-2020 ($ millions)
Exhibit 08: Hair removal cream market by online stores 2015-2020 ($ millions)
Exhibit 09: Internet penetration percentage in developing countries 2013
Exhibit 10: Hair removal cream market by drugstores 2015-2020 ($ millions)
Exhibit 11: Hair removal cream market by other channels 2015-2020 ($ millions)
Exhibit 12: Global hair removal cream market by geography 2015-2020
Exhibit 13: Hair removal cream market in Europe 2015-2020 ($ millions)
Exhibit 14: Hair removal cream market in Americas 2015-2020 ($ millions)
Exhibit 15: Hair removal cream market in APAC 2015-2020 ($ millions)
Exhibit 16: Hair removal cream market in EMEA 2015-2020 ($ millions)
Exhibit 17: Impact of drivers
Exhibit 18: Impact of drivers and challenges
Exhibit 19: Avon Products: Segmentation by revenue 2014
Exhibit 20: Avon Products: Geographical segmentation by revenue 2014
Exhibit 21: Church & Dwight: Business segmentation by revenue FY2014
Exhibit 22: Church & Dwight: Geographical segmentation by revenue FY2014 ($ millions)
Exhibit 23: Reckitt Benckiser: Business segmentation by revenue 2014
Exhibit 24: Reckitt Benckiser: Geographical segmentation by revenue 2014
The author of the report recognizes the following companies as the key players in the global hair removal cream market: Church & Dwight, Reckitt Benckiser, Dabur, and Procter & Gamble.
Other Prominent Vendors in the market are: L’Oréal, Sally Hansen, Vi-John Group, Nads, Jolen, Revitol, and Skin Doctors Cosmeceuticals.
Commenting on the report, an analyst from the research team said: “Increasing marketing campaigns is one of the key trends leading to market growth. The sales of hair removal creams are largely affected by aggressive marketing campaigns launched by vendors. Large market players have been making continuous efforts to set up and improve their brand image, and increase their market recognition. Market campaigns help improve brand image and increase competitiveness among vendors.”
According to the report, growing importance of natural and organic ingredients is a key driver for market growth. With the increase in demand for gentle formulations that exfoliates the skin, the demand for organic and natural hair removal creams is gaining traction in the market. Thus, manufacturers are capitalizing on growing consumer interest in personal appearance and have started to invest in hair removal creams containing natural ingredients. Men and women are gaining trust on products, which are intended to get rid of unwanted hair in the body without having any side effects.
Further, the report states that intense market competition is a major challenge against the growth of the market. The vendors range from large corporations producing advanced and premium products on a worldwide scale to small- and medium-sized companies that concentrate on a specific product line in a specific geographical region. Multinational companies are posing as a big competition in the Asian hair removal cream market. However, the leading vendors are presently working on little profit because of the strong competition.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.