Beard Wax Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Beard Wax Market will experience over 6% CAGR between 2024 and 2032, driven by awareness of personal grooming and aesthetics among men. The rise in male grooming products, influenced by evolving beauty standards and a broader acceptance of facial hair, is favoring product adoption. Citing an illustration, in July 2023, The Man Company introduced Almond and Thyme Beard Wax, designed to nourish, soften, and style beards effortlessly, catering to the increasing demand for premium grooming products that enhance both care and aesthetics.

The proliferation of premium and specialized beard wax products, offering benefits like enhanced hold and conditioning, supports the growth. This shift towards high-quality grooming solutions reflects a broader trend of men seeking tailored, effective personal care products.

The beard wax market is classified based on type, packaging, price range, end-use, distribution channel, and region.

The synthetic segment will experience decent growth through 2032, largely driven by its affordability and consistent performance. Synthetic beard waxes offer a reliable alternative to natural formulations, often providing a range of textures and hold options that cater to diverse grooming preferences. Their ease of use and availability in various formulations make them attractive to a broader audience. Additionally, advancements in synthetic ingredients have improved their safety and efficacy, further boosting their appeal among consumers seeking effective and cost-efficient grooming solutions.

The tubes segment will procure a noteworthy beard wax market share by 2032, owing to the convenience and ease of use. Tubes offer a practical solution for dispensing precise amounts of product, reducing waste, and ensuring a mess-free application. Additionally, tubes are often favored for their portability, making them ideal for on-the-go use, which helps drive adoption among busy professionals and frequent travelers.

Europe beard wax market will show a promising growth pace over the study period, due to a cultural shift towards enhanced personal grooming and style consciousness among men. The increasing availability of diverse grooming products and the influence of social media trends, which highlight beard care and fashion, contribute to growing consumer interest. The rising number of grooming salons and specialty stores across Europe supports market expansion, providing consumers with greater access to high-quality beard care products.

Product Code: 10265

Chapter 1 Methodology and Scope

1.1 Market scope and definitions
1.2 Base estimates and calculations
1.3 Forecast calculations
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021-2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Ingredient analysis
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 Growth in facial hair trends
  - 3.7.1.2 Rising awareness of grooming
  - 3.7.1.3 Preference for natural and organic products
  - 3.7.1.4 Influence of social media and influencers
- 3.7.2 Industry pitfalls and challenges
  - 3.7.2.1 Regulatory compliance
  - 3.7.2.2 Ingredient sourcing and supply chain management
3.8 Growth potential analysis
3.9 Porter's analysis
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Type, 2021-2032 (USD Billion) (Million Units)

5.1 Key trends
5.2 Organic
5.3 Synthetic

Chapter 6 Market Estimates and Forecast, By Packaging, 2021-2032 (USD Billion) (Million Units)

6.1 Key trends
6.2 Round tin
6.3 Tubes
6.4 Others (dispensing bottle, etc.)

Chapter 7 Market Estimates and Forecast, By Price Range, 2021-2032 (USD Billion) (Million Units)

7.1 Key trends
7.2 Low (upto 10$)
7.3 Mid (10$-20$)
7.4 High (above 20$)

Chapter 8 Market Estimates and Forecast, By End-Use, 2021-2032 (USD Billion) (Million Units)

8.1 Key trends
8.2 Individual
8.3 Commercial
- 8.3.1 Beauty parlor
- 8.3.2 Salons
- 8.3.3 Others

Chapter 9 Market Estimates and Forecast, By Distribution Channel, 2021-2032 (USD Billion) (Million Units)

9.1 Key trends
9.2 Online
- 9.2.1 Company website
- 9.2.2 E-commerce
9.3 Offline
- 9.3.1 Supermarkets
- 9.3.2 Departmental stores
- 9.3.3 Others

Chapter 10 Market Estimates and Forecast, By Region, 2021-2032 (USD Billion) (Million Units)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Russia
- 10.3.7 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 MEA
- 10.6.1 South Africa
- 10.6.2 Saudi Arabia
- 10.6.3 UAE
- 10.6.4 Rest of MEA

Chapter 11 Company Profiles

11.1 Badass Beard Care
11.2 Beardbrand
11.3 Bossman Brands
11.4 CanYouHandlebar
11.5 Detroit Grooming Co.
11.6 Firehouse Moustache Wax
11.7 Grave Before Shave
11.8 Hawkins and Brimble
11.9 Honest Amish
11.10 Honest For Men
11.11 Mountaineer Brand
11.12 Proraso
11.13 Seven Potions
11.14 Smooth Viking
11.15 Wild Willies