Beard Grooming Products Market to Record 6.6% of Y-O-Y Growth Rate, Innovation and Portfolio Extension to Drive Market Growth - Technavio

NEW YORK, Oct. 10, 2022 /PRNewswire/ -- Beard Grooming Products Market Facts at a Glance

• Total Pages: 120
• Companies: 10+ – Including Badass Beard Care LLC, Beardbrand, Beardoholic Co, Edgewell Personal Care Co, EVERY MAN JACK, Happily Unmarried Marketing Pvt Ltd, LOreal SA, Mountaineer Brand Products, Mozzafiato, Mr Natty, Murdock Ltd, Newport Apothecary Inc., Nykaa Fashion Pvt. Ltd., Revlon Inc, Scotch Porter, Smoky Mountain Beard Co., Texas Beard Co., The Estee Lauder Co. Inc., Truefitt and Hill, Unilever PLC, and VAUGHN Grooming LLC among others.
• Coverage: Key drivers, trends, and challenges; product insights and news; value chain analysis; parent market analysis; vendor landscape; COVID-19 impact and recovery analysis
• Segments: Distribution channel (offline and online)
• Geographies: Europe, North America, APAC, South America, and Middle East and Africa

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According to the recent market study by Technavio, the Beard Grooming Products Market size is expected to increase by USD 2.80 billion from 2021 to 2026, with an accelerated CAGR of 7.51%. The report provides a detailed analysis of drivers and opportunities, top winning strategies, competitive scenarios, future market trends, market size and estimations, and major investment pockets.

• Beard Grooming Products Market Challenge
• Availability of counterfeit products

Counterfeit products are made of low-quality ingredients and have various side effects. The rising number of counterfeit products will negatively impact the sales and pricing strategies of genuine vendors. These products are inexpensive, which poses a challenge to vendors in the branded beard grooming products market.

• Beard Grooming Products Market Driver 
• Innovation and portfolio extension leading to product premiumization

Vendors are focusing on improving their R&D operations. They are innovating their product ranges and expanding their product lines. The products have an adequate combination of superior-quality ingredients, which further leads to product premiumization. Therefore, high product premiumization and product line extension, along with growing expenditure on beauty products, will strengthen value sales in the global beard grooming products market.

• Beard Grooming Products Market Trend 
• Growing demand for natural and organic beard  grooming products

Awareness about issues caused by using synthetic products has increased the demand for natural and organic beard grooming products, which use ingredients such as natural oils, plant extracts, and other natural ingredients. Manufacturers of beard grooming products are focusing on organic beard grooming products. Product line extension helps in differentiating offerings.

Find additional information about various other market drivers, challenges, and trends mentioned in our FREE sample report

The beard grooming products market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. The key offerings of some of the vendors are listed below:

Badass Beard Care LLC - The company offers beard grooming products such as beard oil and balm combo, beard kit, and grooming kit.

Beardbrand - The company offers beard grooming products such as beard growth oil, wash, softener, and perfume.

Beardoholic Co - The company offers beard grooming products such as shaving cream, shaving toolkits, and beard grooming kit.

Find additional highlights on the vendors and their product offerings. Download Free Sample Report

The beard grooming products market share growth in APAC will be significant during the forecast period. China is the key country for the market in the region. Moreover, market growth in APAC will be faster than the growth of the market in other regions. The increased popularity of bears, growing fashion consciousness, rising awareness about premium and organic BPC products, and rapid urbanization will drive the beard grooming products market growth in APAC during the forecast period.

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

• 5.1 Market segments 
• Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)

• 5.2 Comparison by Distribution Channel 
• Exhibit 26: Chart on Comparison by Distribution Channel
• Exhibit 27: Data Table on Comparison by Distribution Channel

• 5.3 Offline - Market size and forecast 2021-2026
• Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)

• 5.4 Online - Market size and forecast 2021-2026
• Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Distribution Channel
• Exhibit 36: Market opportunity by Distribution Channel ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 Europe - Market size and forecast 2021-2026
• Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 UK - Market size and forecast 2021-2026
• Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.12 France - Market size and forecast 2021-2026
• Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Badass Beard Care LLC 
• Exhibit 89: Badass Beard Care LLC - Overview
• Exhibit 90: Badass Beard Care LLC - Product / Service
• Exhibit 91: Badass Beard Care LLC - Key offerings

• 10.4 Beardbrand 
• Exhibit 92: Beardbrand - Overview
• Exhibit 93: Beardbrand - Product / Service
• Exhibit 94: Beardbrand - Key offerings

• 10.5 Beardoholic Co 
• Exhibit 95: Beardoholic Co - Overview
• Exhibit 96: Beardoholic Co - Product / Service
• Exhibit 97: Beardoholic Co - Key offerings

• 10.6 Edgewell Personal Care Co 
• Exhibit 98: Edgewell Personal Care Co - Overview
• Exhibit 99: Edgewell Personal Care Co - Business segments
• Exhibit 100: Edgewell Personal Care Co - Key news
• Exhibit 101: Edgewell Personal Care Co - Key offerings
• Exhibit 102: Edgewell Personal Care Co - Segment focus

• 10.7 LOreal SA 
• Exhibit 103: LOreal SA - Overview
• Exhibit 104: LOreal SA - Business segments
• Exhibit 105: LOreal SA - Key news
• Exhibit 106: LOreal SA - Key offerings
• Exhibit 107: LOreal SA - Segment focus

• 10.8 Nykaa Fashion Pvt. Ltd. 
• Exhibit 108: Nykaa Fashion Pvt. Ltd. - Overview
• Exhibit 109: Nykaa Fashion Pvt. Ltd. - Product / Service
• Exhibit 110: Nykaa Fashion Pvt. Ltd. - Key offerings

• 10.9 Revlon Inc 
• Exhibit 111: Revlon Inc - Overview
• Exhibit 112: Revlon Inc - Business segments
• Exhibit 113: Revlon Inc - Key offerings
• Exhibit 114: Revlon Inc - Segment focus

• 10.10 The Estee Lauder Co. Inc. 
• Exhibit 115: The Estee Lauder Co. Inc. - Overview
• Exhibit 116: The Estee Lauder Co. Inc. - Business segments
• Exhibit 117: The Estee Lauder Co. Inc. - Key news
• Exhibit 118: The Estee Lauder Co. Inc. - Key offerings
• Exhibit 119: The Estee Lauder Co. Inc. - Segment focus

• 10.11 Truefitt and Hill 
• Exhibit 120: Truefitt and Hill - Overview
• Exhibit 121: Truefitt and Hill - Key offerings

• 10.12 Unilever PLC 
• Exhibit 122: Unilever PLC - Overview
• Exhibit 123: Unilever PLC - Business segments
• Exhibit 124: Unilever PLC - Key news
• Exhibit 125: Unilever PLC - Key offerings
• Exhibit 126: Unilever PLC - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 127: Inclusions checklist
• Exhibit 128: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 129: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 130: Research methodology
• Exhibit 131: Validation techniques employed for market sizing
• Exhibit 132: Information sources

• 11.5 List of abbreviations 
• Exhibit 133: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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