According to MarkNtel Advisors, the India Men’s Grooming Market is expecting around 11.2% CAGR during 2023-28. It attributes to the increasing awareness among Indian men about the personal care & beauty products, coupled with their changing lifestyles and increasing disposable income. Moreover, the extensive range of grooming products for men, their increasing inclination toward well-groomed looks, and easy availability of professional products on e-commerce platforms are other crucial factors predicted to drive the market over the forecast years.
Shaving Products to Rule the India Men’s Grooming Market through 2028
Currently, shaving creams, gels, trimmers, razors, & blades, among others, dominate the India Men's Grooming Market, owing to the introduction of innovative shavers & trimmers equipped with performance features by the leading market players on account of the mounting inclination of youth toward having facial hairs. As a result, companies are actively working on expanding their product offerings, which, in turn, is fueling the demand for shaving products across India.
With Easy Shopping & Replacements, Convenience Stores Witnessed the Maximum Sales of Men’s Grooming Products
The India Men’s Grooming Market substantially grew during 2018-21, primarily due to the surging sales of men's grooming products via online platforms. However, convenience stores have observed maximum overall sales owing to easy access & hassle-free payments & replacements they offer to the customers, coupled with the increasing establishments of supermarkets & hypermarkets in the country, reveals MarkNtel Advisors in their research report, “India Men’s Grooming Market Analysis, 2023.”
The leading players in the India Men’s Grooming Market include Gillette India Ltd, Hindustan Unilever Ltd, Vini Cosmetics Pvt Ltd, Malhotra Shaving Products Pvt Ltd, Marico Ltd, Helene Curtis India Ltd, J K, Vidyut Metallics Ltd, Nivea India Pvt Ltd, McNroe Chemicals Pvt Ltd, Emami Ltd, Tarz Distribution India Pvt Ltd, Baccarose Perfumes & Beauty Products Pvt Ltd, ITC Ltd, Menezes Cosmetics Pvt Ltd, Godrej Consumer Products Ltd, L'Oréal India Pvt Ltd, Procter & Gamble Hygiene & Health Care Ltd, VI John Group, and Reckitt Benckiser (India) Ltd.
Key Questions Answered in the Study: