Male grooming industry has come a
long way over the last decade. From being a non-entity to a multi-billion-dollar
market, male grooming is gaining worldwide acceptance and modern men are
engaging in one or other forms of grooming regimes. Men and grooming were
considered contrary in the past but with the rise of the metrosexual men, words
such as body care, skin care and hair care are new additions to the dictionary
of men.
Shift in Grooming Market
Changing landscape of grooming market is well noticeable
under the hood of FMCG giants as well. Emami was the first company in India to
launch fairness cream, ‘Fair & Handsome’ for men in 2005. Since then, male
grooming market has been growing at an unprecedent rate and the launch of men
centric grooming products by Marico, Emami, Loreal and Nivea validates that.
According to TechSci Research report “India Men’s Grooming Products Market By Product Type (Fragrance,
Shaving, Skincare, Haircare and Moustache & Beard Grooming), By Sales
Channel (Supermarket/ Hypermarket, Grocery/Retail Store, Online, etc.),
Competition Forecast & Opportunities, 2012 – 2022”
India men’s grooming products market stood at $ 1.4 billion in 2016, and is
projected to grow at a CAGR of over 15%, in value terms, to reach $ 3.3 billion by 2022. Rising number
of consumers facing early ageing problems, increasing disposable income and
expanding young working population are aiding India men’s grooming products
market. Moreover, rapid urbanization and increasing adoption of western culture
along with changing lifestyle and awareness regarding the consumption of
grooming products to counter ageing problems, are some of the other factors
expected to propel demand for men’s grooming products in India over the next
five years.
Traditionally, grooming services for
men were mostly limited to haircut and shaving, but metrosexual men are now
demanding a far wider range of products and services. Increasing
trend of pogonophiles and religious association of beards with various religions
is contributing to the increasing demand for beard related offerings such as trimmers,
beard wax, beard oil, among others. Undeniably, shavers and trimmers is one of
the prominent segments in the male grooming market, but successful launches of
body hair grooming products like Body Razor by Gillette, 6-in-1-all-over-body
grooming kit by Panasonic and Bodygroom trimmer by Philips
indicate a new form of manscaping and present an opportunity in this unexplored
market i.e. body hair removal or body hair grooming.
Male
Grooming in India Moves Beyond Shaving Creams and Trimmers
Recently, Veet, a brand created by Reckitt Benckinser
(RB) with focus on female hair removal products, forayed into India male
grooming market with the launch of Veet hair removal cream for men.
Earlier, body hair removal among men
was limited to athletes, wrestlers, among others, but there has been a dramatic
shift in the beauty and overall grooming perception of male grooming products
over the last few years. Shaving body hair is considered a taboo among a large
section of male consumers, however, introduction of male body shaver by Philips
as an experiment in August 2019 and entry of other companies like Syska and
Havells in male grooming is successfully changing the consumer mindset. In fact,
body hair removal segment of the male grooming market is predicted to grow at
double-digit CAGR over the next five years.
Until now, Veet, the local arm of
FMCG major, has introduced two variants of depilatory cream in the market i.e.
Veet Men for Sensitive Skin and Veet Men for Normal Skin with pack sizes of 25,
50 and 100 gm. The male specific variant of Veet is created by inheriting the
hair removal expertise and 80 years old experience the company holds in the
grooming industry. The cream is specifically formulated for coarse body hair
and thick skin of men. The above-mentioned variants cater to men looking for
smooth skin results in as little as four minutes. One of the major reasons
which places Veet in the spotlight is its ability to remove unwanted hairs in a
quick and effective manner with no stubble or razor rash. To hydrate the skin,
the depilatory cream is formulated with ginseng extract, which leaves the skin
hydrated for up to 24 hours.
Other Options of Hair Removal for Men
in India:
- Shaving: This method is the most traditional and preferred method
for hair removal among men as razors can be used across body parts including
legs, chest and arm pits. However, hair removed through shaving can grow up in three
days and the process can also cause cuts or burns. Based on the budget,
disposable and electric shavers are available in the market.
- Waxing: It is touted as the long-lasting hair removal procedure as
hair do not grow back up to four weeks after use. When compared with shaving, it
is a painful solution for hair removal, but it keeps the body smooth for a longer
time as it removes hair from roots. Waxing can be done to remove hair from
hands, chest and legs. Total/full body waxing kits are readily available in the
market.
- Laser Hair Removal: Unlike hair removal through electrolysis,
laser hair removal is another depilation process for larger areas. It is one of
the longest lasting process, in which laser is used for destroying the hair
follicle. It is an expensive procedure and takes several months for complete
removal of hair.
- Epilator: Epilator can be another option for hair removal at home.
Generally, epilators are battery operated and provide long lasting results;
however, due to high pain it is not preferred for hair removal.
Unlike shavers or trimmers which
work by cutting off hair from the skin surface, depilatory creams work by
weakening the hair by dissolving the protein structure and softening the hair
at skin level.
Following are the reasons for the
growing popularity of depilatory products among men in India:
- Traditional male grooming market which comprises of razors,
face wash, cream and gel, is moving towards saturation in the country and FMCG
bandwagons are targeting specific grooming needs of men and launching products
in other categories which are seeing an uptick in demand. Launch of depilatory
cream called Master Stroke by the FMCG player, Vi-John Group in 2018 and Veet
Men by RB in 2019 are among the moves by these market players to foray into new
categories in male grooming market and furnish millennials with more options in
the hair removal segment.
According to another
TechSci Research report “India Personal Grooming
Market By Product Type
(Hair Dryer, Hair Straightener, etc.), By End User (Individual Customer &
Institutional Customer), By Distribution Channel (Online Retail, Institutional
Sales, etc.), Competition, Forecast & Opportunities, 2024” India personal
grooming market is anticipated to grow at a robust CAGR during the forecast
period on account of rising urbanization, increasing disposable income of middle-class
population, changing preferences of Indian consumers for professional products
and growth of professional beauty & wellness market. Moreover, innovations
in products offerings, enhanced shopping experience on e-commerce websites,
increasing demand for professional products among consumers and innovative
branding & marketing and promotional strategies are further expected to
propel demand for personal grooming products in India over the next five years.
- Investments by the brands and advertisements featuring
celebrities, actors, and sportsmen, etc., are paving way for higher adoption of
new forms of grooming products in India. Social media is another aspect that is
stimulating the need for instant transformation among the selfie generation,
triggering the usage of male grooming products. Moreover, drastic increase in
the number of beauty bloggers is building awareness among men, which is further
leading to conscious consumerism. Bringing Kartik Aryaan as the brand
ambassador for Veet Men and the related #FindYourSexy are among the latest
instances of advertisement strategies catch consumer eye-balls.
- Changing demographics and lifestyles is another major factor
that is influencing the grooming market. Majority of the population in the
country is young and aged between 25-54 years and consumer goods companies are
betting on them. With plethora of options to choose from and increasing
disposable income in addition to rising consciousness among men to look good,
future for male grooming products look bright in India.
· Also, men have started spending more time and money in salons
and spas for hair color, waxing, facial, pedicure and other grooming procedures.
Increasing interest of men in personal hygiene products is compelling
brands to shift focus from unisex products to gender specific offerings.
Conclusion
When compared with
female grooming market, male grooming is still a niche/smaller market; however,
the gap is anticipated to narrow over the coming years due to dropping taboos,
shifting preferences and effect of various advertisement strategies specifically
targeting male grooming market.
Moreover, with the
entry of major brands in male grooming market, Indian market offers a huge
opportunity as a growing number of Indian men are getting more conscious and
are increasingly indulging in self-care than ever before.