Global Beard Balm
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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"Global Beard Balm market size 2023 was XX Million. Beard Balm Industry compound annual growth rate (CAGR) will be XX% from 2024 till 2031."
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Market Size | 121212 |
Country Market Size | 121212 |
North Americ Market Size | 121212 |
Europe Market Size | 121212 |
Asia Pacific Market Size | 121212 |
South America Market Size | 121212 |
Middle East and Africa Market Size | 121212 |
Market Split by Product |
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Market Split by Application |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Beard Balm industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Beard Balm Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Beard oil and balm are cosmetic items for men used to nourish the skin behind the beard and the beard itself to keep it "soft, shiny, and smooth." A broad consumer base, rising consumer knowledge of various organic goods, and the launch of grooming products for men have all contributed to the global beard balm and oil market's revenue growth. Additionally, the market demand for beard oil and balm is expanding as a result of growing public and private sector investments in research and development (R&D) to produce cutting-edge products with organic ingredients. Furthermore, consumers benefit from the convenience of the increase in online sales channels, which also helps the industry grow. Popular beard oil brands with effective brand awareness tactics contribute significantly to market growth by raising customer awareness.
Increased Consumer Spending on Grooming Goods to Boost Market Development
People worldwide place a larger value on their appearances and personalities by spending more on beauty products, which has led to an increase in millennials spending money on their appearances and personalities. In important commercial and professional contexts, bearded people are welcome. Beard balm and oil are made and sold using various scientific techniques and modern beauty ideas, and the beauty and wellness industry has gradually grown in several locations. Additionally, the life and economic climate are improving in many nations worldwide. Due to the involvement of numerous nations from diverse regions of the world in economic growth and the greater standard of living observed globally compared to earlier periods, the living level has increased in multiple countries over the past 20 years. The demand for beard balm and oil has increased due to the number of skilled and tech-savvy workers in various countries, particularly developing nations like China and India, with high budgets. This is anticipated to fuel the growth of the global beard balm and oil market throughout the projected period.
During the projection period, a significant obstacle for the market for beard balm and oil will be the availability of counterfeit goods. Counterfeit products are created with subpar materials and can harm consumers' health in several ways. As e-commerce expands globally, its introduction and increasing penetration have boosted the sales of counterfeit goods. The rise in fake goods will have a negative impact on the marketing and price plans of legitimate companies doing business on the international market. Fake items are frequently polluted with dangerous elements, including microorganisms and poisonous compounds like petrochemicals. Established international companies are attempting to break into emerging countries like China and India with a high prevalence of fake goods. However, the low cost of counterfeit goods presents a significant problem for branded beard balm and oil suppliers.
Due to decreasing sales of personal care products and customers' expanding options for health, hygiene, and protection products, the COVID-19 pandemic has negatively affected the beard balm and oil industry. Additionally, because of the complete lockdown, salons and barbershops are closed, which lowers the demand for beard oil. On the other hand, as lockout regulations loosen in some countries, salons are having trouble ensuring the security of their staff and clients.
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The leading market players are looking into value-generating marketplaces and expanding their product lines with new additions of goods, thorough developments, and the adoption of new marketing chances. Investing in new technologies and quickly advancing manufacturing to establish a strong foothold in the market are other variables anticipated to fuel market expansion over the forecast period.
Top Companies Market Share in Beard Balm Industry: (In no particular order of Rank)
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According to Cognitive Market Research, Europe dominated the market in 2022 and accounted for a share of more than 42.5% of the global revenue because of more competition for beards and mustaches, such as the World Beard and Moustache Championship and the Braw Beard and Moustache Championship, are being held in the area. The expansion of this local market's income is fueled by the creation of a wide range of specialist beard styling products, numerous local market competitors, increased consumer demand for distinctive products, and a sizable customer base. Furthermore, German shoppers favor goods with natural and organic ingredients and those that provide specialized benefits like moisturization, softening, and grooming. Local and foreign brands compete for customers in this market by offering various solutions, from budget-friendly options to high-end salon-grade products. Online marketplaces and traditional merchants facilitate the availability and acceptance of beard oil and balm products in Germany.
On the other hand, Asia Pacific is anticipated to be the fastest growing region in the Beard balm and oil market over the forecast period because of increased interest in beard care products in the area brought on by celebrity endorsements, altered consumer purchasing habits, and a desire to avoid using conventional products. The Asia-Pacific market's predicted revenue growth will be aided by developing products for all skin types that contain a variety of essential and carrier oils for moisturization and good hair growth, as well as online access to beard oil and balm.
The current report Scope analyzes Beard Balm Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Beard Balm Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Beard Balm Industry growth. Beard Balm market has been segmented with the help of its Product, Application Distribution Channel, and others. Beard Balm market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, in 2022, the conventional category dominated the worldwide beard balm and oil market. Conventional beard oil producers have a robust supply chain with offline retailers, which helps them achieve a thorough penetration. These goods are less expensive than comparable organic alternatives.
The organic category is expected to be the fastest growing market due to customers' increasing use of organic oils and the considerable move towards personal care products made from bio-based materials. The advantages of using organic components are numerous. Eucalyptus oil has antibacterial, antiviral, antifungal, and anti-inflammatory effects, while tea tree oil hydrates the skin and keeps hair lustrous and silky.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Beard Balm Industry. Request a Free Sample PDF!
According to Cognitive Market Research, beard balm and oil are products that should be used every day in order to groom one's beard properly, hence the home care category holds a dominant position in the market in 2022. It comes in small, convenient bottles and is simple to use; beard oil makes a convenient personal care item.
Furthermore, higher-grade beard oil and balm products are frequently linked to salon services like professional grooming or style. These items could have high-end packaging, unique smells, and extra features like moisturizing ingredients for the skin and beard.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to Cognitive Market Research, the convenience stores category led the market in 2022 because these stores offer individualized help as well as a large variety of products. Increased interest in aesthetics among young people and adults, as well as increased demand for beard oil and balm, are anticipated to benefit this segment's revenue growth. Furthermore, the benefits offered by these products include conditioning, softening, and healthy hair development.
Furthermore, due to the increased popularity of online shopping portals and the rising number of Internet and smartphone users, the online segment is anticipated to develop quickly over the projected period. Additionally, the availability of exclusive cashback offers, discounts on name-brand products, and doorstep delivery services offered by online sellers are anticipated to fuel this segment's revenue development.
Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Beard Balm Market is witnessing significant growth in the near future.
In 2023, the Organic segment accounted for noticeable share of global Beard Balm Market and is projected to experience significant growth in the near future.
The Home care segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Bossman Brands , Leven Rose and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Beard oil and balm are cosmetic items for men used to nourish the skin behind the beard and the beard itself to keep it "soft, shiny, and smooth." A broad consumer base, rising consumer knowledge of various organic goods, and the launch of grooming products for men have all contributed to the global beard balm and oil market's revenue growth.
Disclaimer:
Product | Organic, Conventional |
Application | Home care, Salons |
Distribution Channel | Hypermarkets & Supermarkets, Convenience Stores, Online |
List of Competitors | Bossman Brands, Brickell men’s Product, Leven Rose, Mountaineer Brand, The American Beard Company, Prophet and Tools, The Gentleman’s, Viking Revolution, Honest Amish, ArtNaturals, Bombay Shaving Company |
This chapter will help you gain GLOBAL Market Analysis of Beard Balm. Further deep in this chapter, you will be able to review Global Beard Balm Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Beard Balm market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Organic have a significant impact on Beard Balm market? |
What are the key factors affecting the Organic and Conventional of Beard Balm Market? |
What is the CAGR/Growth Rate of Home care during the forecast period? |
By type, which segment accounted for largest share of the global Beard Balm Market? |
Which region is expected to dominate the global Beard Balm Market within the forecast period? |
Segmentation Level Customization |
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