The Asia Pacific Shaving Cream Market would witness market growth of 8.9% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 332.2 million units, showcasing a growth of 9.4% (2020-2023).
Women's shaving creams often come with added moisturizers and soothing agents to cater to sensitive skin, making them a preferred choice over traditional men's products. Advantages of these shaving creams include their ability to provide a closer shave, minimize nicks and cuts, and leave the skin feeling soft and nourished. Thus, the Malaysia market consumed 14.55 million units (pack of 60Z) in the market 2022.
The China market dominated the Asia Pacific Shaving Cream Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,240 million by 2031. The Japan market is showcasing a CAGR of 8.1% during (2024 - 2031). Additionally, The India market would register a CAGR of 9.4% during (2024 - 2031).
In recent years, there has been a notable increase in the adoption of shaving creams among female users. Women use shaving creams to remove hair from various body parts, including legs, underarms, and bikini areas.
Moreover, from young adults experiencing their first shave to seasoned professionals maintaining a daily grooming regimen, shaving creams are essential for men seeking well-groomed appearances.
The growth of the men’s grooming industry in India has increased awareness and adoption of grooming practices among Indian men. As men become more conscious of their appearance and personal grooming, there is a corresponding rise in the demand for grooming essentials like shaving cream. The National Investment Promotion and Facilitation Agency predicts that the demand for high-end cosmetic and personal care goods.
Based on End User, the market is segmented into Men, and Women. Based on Distribution Channel, the market is segmented into Specialty Stores, Hypermarkets & Supermarkets, Online Sales Channel, and Others. Based on Price Point, the market is segmented into Low, Medium, and High. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Women's shaving creams often come with added moisturizers and soothing agents to cater to sensitive skin, making them a preferred choice over traditional men's products. Advantages of these shaving creams include their ability to provide a closer shave, minimize nicks and cuts, and leave the skin feeling soft and nourished. Thus, the Malaysia market consumed 14.55 million units (pack of 60Z) in the market 2022.
The China market dominated the Asia Pacific Shaving Cream Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,240 million by 2031. The Japan market is showcasing a CAGR of 8.1% during (2024 - 2031). Additionally, The India market would register a CAGR of 9.4% during (2024 - 2031).
In recent years, there has been a notable increase in the adoption of shaving creams among female users. Women use shaving creams to remove hair from various body parts, including legs, underarms, and bikini areas.
Moreover, from young adults experiencing their first shave to seasoned professionals maintaining a daily grooming regimen, shaving creams are essential for men seeking well-groomed appearances.
The growth of the men’s grooming industry in India has increased awareness and adoption of grooming practices among Indian men. As men become more conscious of their appearance and personal grooming, there is a corresponding rise in the demand for grooming essentials like shaving cream. The National Investment Promotion and Facilitation Agency predicts that the demand for high-end cosmetic and personal care goods.
Based on End User, the market is segmented into Men, and Women. Based on Distribution Channel, the market is segmented into Specialty Stores, Hypermarkets & Supermarkets, Online Sales Channel, and Others. Based on Price Point, the market is segmented into Low, Medium, and High. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Beiersdorf AG
- The Colgate Palmolive Company
- ArtNaturals
- Barbasol (Perio, Inc.)
- L'Oréal S.A.
- Billy Jealousy, LLC.
- Pacific Shaving Company
- Castle Forbes Collection Limited
- Edgewell Personal Care
- Dollar Shave Club, Inc. (Nexus Capital Management)
Market Report Segmentation
By End User (Volume, Million Units, USD Billion, 2020-2031)- Men
- Women
- Specialty Stores
- Hypermarkets & Supermarkets
- Online Sales Channel
- Others
- Low
- Medium
- High
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Shaving Cream Market by End User
Chapter 5. Asia Pacific Shaving Cream Market by Distribution Channel
Chapter 6. Asia Pacific Shaving Cream Market by Price Point
Chapter 7. Asia Pacific Shaving Cream Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Beiersdorf AG
- The Colgate Palmolive Company
- ArtNaturals
- Barbasol (Perio, Inc.)
- L'Oréal S.A.
- Billy Jealousy, LLC.
- Pacific Shaving Company
- Castle Forbes Collection Limited
- Edgewell Personal Care
- Dollar Shave Club, Inc. (Nexus Capital Management)
Methodology
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