Buy Now
$4,123 $4,850
15% off
$4,840 $6,050
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2023
Companies covered: 10
Tables & Figures: 52
Countries covered: 22
Pages: 80
Download Free PDF

Mens Grooming Products Market
Get a free sample of this reportGet a free sample of this report Mens Grooming Products Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Men’s Grooming Products Market Size
The global men’s grooming products market size was valued at USD 55.5 billion in 2023. The market is expected to grow from USD 58 in 2024 to USD 89.8 billion in 2032, at a CAGR of 5.6%. The increasing participation of men in grooming activities is directly related to the expansion of the men’s grooming market. Traditionally, providers of cosmetics had exclusively targeted women by making beauty and skincare products, but now it looks like the focus is shifting towards men too.
This is attributed to the enhanced self-grooming, cleanliness, and general effort put towards one's looks which seems to be on the rise among males in modern times. The way the media represents male influencers and celebrity endorsers of various grooming products normalizes the concept of self-admiration or self-grooming. A survey conducted by lending tree in 2023 points out that men in U.S. are spending more than women on beauty products, at USD 2,256 as opposed to USD 1,283 spent by women. This marks a significant change in men’s spending behaviors with respect to grooming.
Men are beginning to realize the advantages of a well-kept appearance that includes healthier skin, better hygiene, and self-appreciation. This change in attitude is also apparent in the growing number of rival brands. Companies are focusing to provide men what they seek by broadening the product line to include anti-aging skin care, beard care, and new scents. This shift is indicative of some movement to a more gender sensitive perspective in the marketing of men’s grooming products.
In addition, the emergence of social media networks has increased the focus on appearance risks and forces men to purchase grooming items. This includes various product types which also include organic and non-chemical products which enhance market growth. Furthermore, the level of celebrity endorsement of the product and the focus on marketing to men has risen which assists in the easier acceptance of these goods. These marketing strategies which are directed towards men grooming will help companies to target men's audience and develop men specific products by understanding their requirements which will boost men's grooming market during forecast years.
Men’s Grooming Products Market Trends
Men’s Grooming Products Market Analysis
Based on product type, the market is segmented into skincare products, haircare products, shaving products, razors and blades, others. The skincare products segment held the maximum share in the market with revenue of USD 17.1 billion in 2023, which is anticipated to grow at a CAGR of 6.1% during the forecast period.
Based on end user, the men’s grooming products market is segmented into individual and commercial. The individual segment held 60.5% of the total market share in 2023 and is anticipated to grow at a CAGR of 5.7% during the forecast period.
Based on distribution channel, the men’s grooming products market is segmented online, and offline. The offline segment held 65.5% of the total market share in 2023 and is anticipated to grow at a CAGR of 4.2% during the forecast period.
The U.S. men’s grooming products market was valued at around USD 12.3 billion in 2023 and is anticipated to register a CAGR of 5.8% between 2024 and 2032.
Men’s Grooming Products Market Share
Men’s Grooming Products Market Companies
Major companies operating in the men’s grooming products industry include:
Companies that specialize in men’s grooming and cosmetics are now increasingly adopting AI and AR technologies for marketing personalization and customer engagement. Brands are now using AI virtual try-ons and skincare assessments, changing the nature of online shopping to be more interactive. Furthermore, there is a clear movement toward sustainability in the industry, concentrating on eco-friendly packaging, clean labels, and non-toxic products. The mix of eco-friendly products and direct-to-consumer brands employing digital-first approaches are further deepening brand loyalty and presence in the market.
These trends in the industry showcase a clear advancement with respect to AI technology and innovation in the men’s grooming space. The effectiveness of interactive shopping was highlighted with Estee Lauder’s virtual lipstick try on boasting a 2.5X higher conversion rate. Neutrogena partnering with Nourish to create 3D printed skin supplements illustrates the impact of AI personalization on skincare. Likewise, the success of L'Oreal’s and Ulta’s use of AR for online shopping attests that such technologies increase customers’ trust and spending.
Men’s Grooming Products Industry News
The men’s grooming products market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD billion) from 2021 to 2032, for the following segments:
Click here to Buy Section of this Report
Market, By Product Type, 2021 – 2032
Market, By End Use, 2021 – 2032
Market, By Price Range, 2021 – 2032
Market, By Distribution Channel, 2021 – 2032
The above information is provided for the following regions and countries: