Global Hair Removal Wax Market Overview
Hair removal waxing is temporary hair removal process in which wax is applied directly to the skin and then dry and dead skin cells along with unwanted hairs are removed. Various types of hair removal wax are available with moisturizing agent such as aloe vera, coco butter etc. Hair removal wax support cell regeneration, and improve skin tone. Moreover, waxing improves skin texture and makes it more beautiful. Hair removal wax market accounted for US$ 4.17 billion in 2020 and is estimated to be US$ 6.35 billion by 2030 and is anticipated to register a CAGR of 4.3%.
Global Hair Removal Wax Market Drivers & Restraints
Increasing awareness of beauty
Increasing individual’s awareness pertaining to their beauty, physical grooming, and esthetics has led to high demand for hair removal wax market. In addition, growing disposable income and changing lifestyle also propels the target market. For instance, according to data published by Office of National Statistics, in 2017, UK median disposable household income was US$ 30,843.1 Furthermore, increase individual’s participation in sport activities that include body building, wrestling, cycling, swimming, and athletics are also majorly inclined towards hair removal wax which fuels the hair removal wax market. Moreover, rising demand for natural ingredient-based wax across the globe also boost the hair removal wax market.
Increasing number of salons across the globe is promoting the hair removal wax market. Also, growing demand for wax products from beauty salons and spa is augments the target market.
Global Hair Removal Wax Market Segmentations & Regional Insights
This report segments the hair removal wax market on the basis of product type, end-user, distribution channel, and region.
On the basis of product type, the target market is segmented on the basis of soft wax, heated, cold, pre-made strips, hard wax, and others is categorized into fruits wax, chocolate wax etc. On the basis of end-user, the hair removal wax market is categorized into men and women. On the basis of distribution channel, the target market is bifurcated into retail stores, department store, super market, hypermarket, specialty store, and e-commerce.
Regional Insights:
Hair removal wax market accounted for US$ 4.17 billion in 2020 and is estimated to be US$ 6.35 billion by 2030 and is anticipated to register a CAGR of 4.3%. For detailed understanding of market dynamics, the hair removal wax market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the hair removal wax market. North America hair removal wax market is expected to account for major share in terms of revenue in the hair removal wax market over the forecast period. This can be attributed to increasing inclination towards beauty and physical appearance coupled with disposable income in countries of the region. For instance, according to data published by Whitehouse Government, in 2017, real disposable income per household rose US$2,307 from the 4th quarter of 2017 to the 4th quarter of 2018. Further, Asia Pacific hair removal wax market is expected to account for fastest growing share in terms of revenue in the hair removal wax market in the near future. This is owing to rising disposable income, coupled with innovation in hair removal wax products such as introduction of natural ingredient-based wax in countries such as India China, and Japan.
Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
Market Segmentation |
By Product- Soft Wax, Heated, Cold, Pre-Made Strips, Hard Wax, and Others (Fruits Wax, Chocolate Wax Etc.)) By End-user– Men and Women. By Distribution Channel– Retail Stores, Department Store, Super Market, Hypermarket, Specialty Store, and E-Commerce |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global hair removal wax market report based on product, end-user, distribution channel, and region.
Hair Removal Wax Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Hair Removal Wax Market Competitive Landscape & Key Players
Key players in the hair removal wax market includes American International Industries, Church & Dwight Co., Inc, Filo Bianco S.r.l, Harley Wax, Jax Wax Australia, Coloris Cosmetics, Harley Wax, Karaver, Marzena BodyCare Australasia, Rica Group S.p.a., Parissa Laboratories Inc., and Reckitt Benckiser Group Plc.
Global Hair Removal Wax Market Company Profile
- American International Industries
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Church & Dwight Co., Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Filo Bianco S.r.l
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Harley Wax
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Coloris Cosmetics
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Marzena BodyCare Australasia
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Rica Group S.p.a.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Parissa Laboratories Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Reckitt Benckiser Group plc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Jax Wax Australia
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Hair Removal Wax Market Highlights
FAQs
Hair removal wax market is segmented based on product, End-user, distribution channel, and region.
Rising demand for natural ingredient-based wax across the globe also boost the hair removal wax market. Increasing number of salons across the globe is promoting the hair removal wax market.
North America hair removal wax market is expected to account for major share in terms of revenue in the hair removal wax market over the forecast period.
Some of the prominent players operating in the hair removal wax market includes American International Industries, Church & Dwight Co., Inc, Filo Bianco S.r.l, Harley Wax, Jax Wax Australia, Coloris Cosmetics, Karaver, Marzena BodyCare Australasia, Rica Group S.p.a., Parissa Laboratories Inc., Reckitt Benckiser Group Plc., and Jax Wax Australia.