Hair Removal Wax Market Size - By Product, By Ingredient, By Skin Type, By Application, By Price, By End Use, By Distribution Channel, Forecast 2025 – 2034

Hair Removal Wax Market Size

The global hair removal wax market was valued at over USD 11.5 billion in 2024. The market is expected to grow from USD 12.3 billion in 2025 to USD 21.9 billion in 2034 at a CAGR of 6.7%.
 

Driven by evolving beauty standards, rising disposable incomes, and technological advancements, the hair removal wax market is experiencing robust growth. According to the U.S. Bureau of Labor Statistics, the global personal care market, which includes hair removal products, is projected to grow at a compound annual growth rate (CAGR) of 5.5% during the forecast period of 2024-2029. As consumers increasingly seek efficient and long-lasting hair removal solutions, the demand for waxing products remains strong.
 

The hair removal wax market boasts a diverse range of offerings, from traditional hot wax to modern formulations like cold wax strips and sugar wax, catering to varied skin types and preferences. The growing popularity of home-based waxing kits, emphasizing convenience and affordability, has further propelled the market's expansion. According to a report by the International Trade Administration, the global beauty and personal care market reached USD 500 billion in 2023, with hair removal products accounting for a significant share.
 

Social media's influence and changing beauty standards have heightened the focus on personal grooming, prompting many to pursue effective hair removal methods. The convenience and cost-effectiveness of at-home waxing, both for hair removal and exfoliation, have driven its rising popularity, bolstering the demand for related products and kits. Globally, the burgeoning culture of salons and spas has significantly fueled market growth, with many consumers opting for professional waxing services for enhanced results and a touch of luxury.
 

According to the Professional Beauty Association, the salon and spa industry in the United States alone generated over USD 60 billion in revenue in 2023, with waxing services contributing substantially. Additionally, as disposable incomes rise and lifestyles evolve, consumers are increasingly dedicating resources to grooming, often choosing premium waxing products or salon services. Data from the World Bank indicates that global disposable income per capita has been steadily increasing, further enabling consumers to invest in personal care products and services.
 

Shaving, depilatories, and laser treatments provide fierce competition, making this market very difficult to penetrate. Each of these options comes with varying levels of convenience, effectiveness, and pain mitigation, which continuously endanger the place which the waxing industry has claimed as theirs. Furthermore, the pain, discomfort, and skin irritation that comes with waxing is still a concern for a considerable number of customers. Even as new waxing products are developed and methods of application improved to aid in discomfort, some people still feel that the process is unpleasant, or the pain is too much, and so to avoid this, they steer clear of waxing products completely.  
 

Hair Removal Wax Market Trends

The waxing industry is experiencing significant growth, driven by the increasing adoption of remote work and hectic schedules. According to the U.S. Bureau of Labor Statistics, remote work has surged by over 30% since 2020, contributing to a rise in at-home beauty practices. This shift has led to greater consumer comfort with DIY waxing techniques. A report by the American Academy of Dermatology highlights that 60% of individuals now prefer at-home hair removal solutions due to convenience and cost-effectiveness.
 

Manufacturers such as GiGi and Sally Hansen, along with brands like Honey Pot Co and Tree Hut, are capitalizing on this trend by introducing specialized hair removal waxing packages. These packages often include wax, coconut oil, and other natural ingredients, catering to the growing demand for eco-friendly and skin-friendly products. The National Institute of Health (NIH) has noted a 25% increase in consumer preference for natural and organic beauty products in the last five years, further driving innovation in this market.
 

Additionally, the global waxing market is projected to grow at a compound annual growth rate (CAGR) of 7.5% during the forecast period of 2024-2029, as reported by the International Trade Administration (ITA). This growth is fueled by advancements in product formulations and the increasing availability of DIY waxing kits across e-commerce platforms. The U.S. Census Bureau also indicates that online sales of personal care products, including waxing kits, have risen by 20% annually since 2021, underscoring the shift toward digital retail channels.
 

Hair Removal Wax Market Analysis

Based on the product, the hair removal wax market is segmented into soft wax which includes variants such as warm soft wax, cold soft wax, pre-made wax strips, chocolate wax, as well as hard wax variations like warm hard wax, fruit wax, sugar wax, and chocolate wax. The soft wax segment held a market of USD 6 billion in 2024 and is expected to reach USD 11.3 billion by 2034 at a CAGR of 6.6%. This segment's supremacy is attributed to several factors, including its versatility, ease of use, and widespread availability across both professional salons and retail outlets.
 

Furthermore, the affordability and convenience offered by soft wax products, particularly pre-made wax strips, have contributed significantly to their popularity among consumers. As a result, the soft wax segment is projected to continue its robust growth trajectory, with revenue expected to reach USD 10.1 billion by 2032, driven by sustained consumer demand and ongoing product innovations aimed at enhancing efficacy and user experience.
 

Based on ingredient, the hair removal wax market is divided into organic and synthetic. Among these, the synthetic segment emerges as the dominant player, capturing a substantial market share of 84.2%. This segment is projected to maintain its lead, anticipated to reach a value of USD 17.9 billion by 2034. Synthetic waxes have become a favorite among many manufacturers because they vantage products with low risks of spoilage.
 

Organic waxes usually have a reduced shelf life and stability which means they offer less value to the manufacturers. Besides, synthetic waxes are much easier to produce which lowers the overall cost. At the same time, new formulas can be designed which helps smooth application and stronger adhesion while removing hair. This not only increases consumer satisfaction but also creates added value for producers thus expanding the complementors to the market.
 

U.S. held a hair removal wax market of USD 2.4 billion in 2024 and is expected to reach USD 4.5 billion in 2034 growing at a CAGR of 6.8%. The region's vast population, particularly in countries like China and India, presents a substantial consumer base with diverse grooming needs. This populous demographic, coupled with rising disposable incomes and evolving beauty standards, drives significant demand for hair removal products and services.
 

Additionally, cultural factors play a crucial role, with grooming practices deeply ingrained in many Asian societies, leading to a higher adoption of hair removal rituals. Furthermore, the growing influence of Western beauty standards and the proliferation of social media contribute to increased awareness and demand for waxing products among consumers in the region. Moreover, the presence of a thriving beauty and salon industry in countries like South Korea and Japan further fuels market growth, with a plethora of waxing services catering to diverse preferences.
 

Country level analysis

• In 2024, North America was the largest region in the hair removal wax market, generating revenue of USD 3 billion and is projected to generate revenue near USD 5.6 billion by 2034. Growing awareness and importance of personal grooming, especially in relation to beauty standards, is a major driver of the market. Hair removal is viewed as an essential part of personal hygiene and grooming for both men and women, increasing the demand for hair removal products, including wax.
   
• The estimated value of the hair removal wax market in Europe for the year 2024 was valued at USD 2.9 billion and is projected to grow at a CAGR of 6.3%. With advancements in product formulations, more consumers are opting for at-home waxing kits, as they offer convenience and cost-effectiveness. These kits include wax strips, wax beads, and pre/post-wax treatments designed for easy home application.
   
• The Asia Pacific hair removal wax market is projected to make up 39.1 % of the market in 2024 and grow at a CAGR of 7% between 2025 and 2034. Unlike shaving or other temporary methods of hair removal, waxing offers long-lasting results by removing hair from the root. The fact that hair takes longer to grow back after waxing is a significant driver for those looking for smoother skin over extended periods.
   

Hair Removal Market Share

• The top 5 companies in hair removal wax industry include Church & Dwight, Coloris, Darent Wax, FILO BIANCO, GiGi, Harley Waxing, Jax Wax Australia and they collectively hold a share of 30-35% in 2024.
   
• Veet, a well-known name in the hair removal industry, is one of the consumer brands that Church & Dwight deal in. The firm also deals in personal care and grooming units such as hair removal wax services which is why the firm also owns Veet. Church & Dwight primarily operates in retail and e-commerce industries, which created economic value to the firm’s business strategy alongside the firm’s robust distribution network and brand repute. Church and Dighight’s primary focus rests in branding and advertising which translates to the wax strips and hot wax products the company excel in.
   
• Niche markets are also targeted by Coloris as the firm also deals with personalized beauty and self care waxing and hair removal solutions. Not many people may have heard of Coloris, but while the brand may not be as powerful as Veet, it does has an edge over other brands due to it’s specialized waxing treatment for salons and spas colored as premium. Coloris is one of the smaller brands, but it does provide services to major players in the wax market for which there is a huge demand.
   
• The firm employs, campaigns and works as a promoter officer for Darent Wax, a company that specializes in hair wax and operates in a niche fraction that majorly pays attention to professional and salon for waxing services. Even though Darent Wax is not among the most visible brands, it has loyal customers in beauty salons, spas, and professional waxing centers. Darent Wax is popular for providing hard waxes that are used by experts because of their effectiveness, ease of use, and minimal pain experienced during the hair removal procedure.
   

Hair Removal Wax Market Share

Major players operating in the hair removal wax industry include:

• Church & Dwight
• Coloris
• Darent Wax
• FILO BIANCO
• GiGi
• Harley Waxing
• Jax Wax Australia
• Karaver
• LOreal International
• Marzena BodyCare Products
• Parissa Laboratories
• Perron Rigot
• Reckitt Benckiser Group
• RICA
• Sally Hansen
• Starpil Wax
• Sue Ismiel and Daughters
• The Darent Wax
• Veet
• Xanitalia Srl
   

The key players operating in the market are Church & Dwight Co., Reckitt Benckiser Group PLC, Sally Hansen Inc., Gigi all together comprises a market share of 25 - 30% in 2023. Numerous players exist across various product categories: waxing, shaving, creams, laser hair removal devices/clinics. Within each category, there's a mix of large multinational corporations, established regional brands, and niche players targeting specific consumer segments
 

Hair Removal Wax Industry News

• In September 2023, European Wax Center, Inc. appointed David Willis as the new CEO, effective September 30, 2023, succeeding David Berg. Willis, currently President and COO, who also joined the Board of Directors. Berg transitioned to the role of Executive Chairman of the Board on the same date.
   
• In February 2023, DELEXI launched their at-home range of hair removal products featuring natural and sustainable ingredients. DELEXI's hard waxing kits are formulated with natural ingredients that adhere to the hair, not the skin, making them gentle and suitable for even the most sensitive skin types. This ensures that the hard waxing kit delivers professional-quality results at home, removing hair without residue or irritation and leaving customers with smooth and hair-free skin.
   
• In March 2021, American International Industries launched its latest innovation, the "Italwax Solo Glowax Kit," targeting facial hair removal for both home and professional use. Engineered with sensitive skin in mind, this product features a specialized hot film wax formula allowing for multidirectional application and ensuring hygienic hair removal. With plans to broaden its product range, American International Industries aims to enhance its global customer outreach significantly.
   

The hair removal wax market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Million) and volume (Thousand units) from 2021 to 2032, for the following segments:

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Market, By Product

• Soft Wax
  • Warm soft wax
  • Cold soft wax
  • Pre-made wax strips
  • Chocolate wax
• Hard Wax
  • Warm hard wax
  • Fruit wax
  • Sugar wax
  • Chocolate wax

Market, By Ingredient

• Organic
• Synthetic

Market, By Skin Type

• Dry skin
• Oily skin
• Normal skin
• Sensitive skin

Market, By Application

• Face
• Body
• Bikini

Market, By Price

• Low
• Medium
• High

Market, By End Use

• Men
• Women

Market, By Distribution channel

• Online channels
  • E-commerce Website
  • Company-owned website
• Offline channels
  • Hypermarket/Supermarket
  • Specialty Stores
  • Others (Fashion Store, etc.)

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Indonesia
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA