Men's Personal Care Market Poised for Rapid Growth with a Focus on Skin Care

Tuesday, 23 July 2024, 06:53

The men's personal care market is anticipated to experience substantial growth, projected to reach $276.9 billion by 2030. The oral care segment is highlighted as the leading contributor, expected to achieve $83.7 billion with a CAGR of 9.5%. This growth is driven by increasing consumer interest in personal grooming and skin care products. Marketers and investors should keep an eye on these trends as they present lucrative opportunities in the sector.
Einnews
Men's Personal Care Market Poised for Rapid Growth with a Focus on Skin Care

Men's Personal Care Market Overview

The men's personal care market is becoming increasingly significant as global demand for grooming products grows.

Market Growth Projections

Forecasts indicate that the market will expand to $276.9 billion by 2030, showcasing rapid growth and interest.

Segment Analysis

  • Oral Care Segment:
    1. Currently the highest contributor
    2. Projected to reach $83.7 billion
    3. Estimated CAGR of 9.5%

Conclusion

As personal grooming becomes increasingly popular, the focus on skin care products is likely to enhance market growth significantly.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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