The Japan Male Grooming
market is expected to grow at a rate of single-digit CAGR for the forecast
period, FY2023-FY2027. Japan's Male Grooming market is still at a nascent
stage, and the higher sales of skin grooming products due to lifestyle changes
are expected to fuel the market to grow at a promising rate in the next five
years.
Rise In the Youth Population Is Expected
to Drive Market Growth
The increase in the awareness among the
millennial population towards the benefits of adoption of skincare products is
the major driving factor influencing the Japan Male Grooming market. The
advancements in technology and shift towards a healthy lifestyle along with
quality healthcare services are reducing the mortality rate and increasing the
birth rate in the country. Rapid urbanization and the presence of the youth
male population in countries with high disposable income to spend on quality
lifestyle is expected to fuel the market growth. The growing youth population
in the region and the high internet penetration in the country make the youth
aware of different brands and their specifications, which is expected to fuel
the Japan Male grooming market growth for the forecast period.
Booming E-Commerce Industry Supports
Market Growth
The proliferation of smart devices,
laptops, and other consumer electronic devices in the country is increasing
consumer access to online sales platforms. Market players provide consumers the
facility for easy exchange, and quick doorstep delivery is accelerating the
growth of the E-Commerce industry in the country. The offering of different
discounts and offers on products of various brands and the option for
exploration of products is increasing the access of the E-Commerce industry.
The development of an efficient supply chain and logistics industry to fill the
gap between the supply and demand by the market is increasing the access of
online sales platforms during the next five years. Leading cosmetic companies
have already dedicated men’s grooming and personal care categories which will
support the sustained growth of the Male Grooming market in the forecast
period. Aesthetic changes are expected to evolve with time due to the major
market players adapting their product lines and campaigns to witness
significant growth.
Increasing Spending on Male Grooming
Product Drives Market Growth
The concept of masculine identity is
changing with time and is generating the demand for Male Grooming and cosmetics
products which was earlier focused on selling feMale Grooming products through
the retail and online sales channel. Men are focusing on the purchase of
toiletries apart from the fragrances and shaving products and the increase in
the men paying attention to their appearance, accelerating the growth of the
Japan Male Grooming market. The rise in the number of magazines published on
men’s grooming and lifestyle, along with the growing popularity of websites
that works on the selling of men’s fitness and health content, is expected to
propel the Japan Male Grooming market growth in the next five years.
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Market Segmentation
The Japan Male Grooming market is
segmented on the basis of product type, distribution channel, regional
distribution, and competition landscape. Based on the product type, the market
is divided into shaving foams & gels, trimmers, shavers & clippers,
razors & cartridges, moustache & beard grooming and others. Based on
the distribution channel, the market is divided into supermarket/hypermarket,
hair salons, departmental stores, online & others. The others segment is
further fragmented into multi-branded electronic stores and direct &
institutional sales. The market is also studied on the basis of regional
distribution and the regions are majorly divided into Hokkaido & Tohoku,
Chubu, Chugoku, Kyushu, and Others.
Market Players
Panasonic Corporation, Philips Japan,
Ltd., Tescom Japan Co., Ltd., Maxell Izumi Co., Ltd., Japan Wall Co., Ltd.
(WAHL), Sanshin Co., Ltd. (andis), Mandom Corporation (GATSBY), Conair Japan GK,
DHC Corporation, Aesop Japan K.K., are among the major market players in the Japan
region that led the market growth of the Japan Male Grooming market.
Attribute
|
Details
|
Base Year
|
FY2021
|
Historic Data
|
FY2017 –
FY2020
|
Estimated Year
|
FY2022
|
Forecast Period
|
FY2023
– FY2027
|
Quantitative Units
|
Revenue in USD Million, and CAGR for FY2017-FY2021 and FY2022-FY2027
|
Report coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments covered
|
·
Product Type
·
Distribution Channel
|
Region scope
|
Hokkaido
& Tohoku, Chubu, Chugoku, Kyushu and Others
|
Key companies profiled
|
Panasonic Corporation; Philips Japan, Ltd.; Tescom Japan Co.,
Ltd.; Maxell Izumi Co., Ltd.; Japan Wall Co., Ltd. (WAHL); Sanshin Co., Ltd.
(andis); Mandom Corporation (GATSBY); Conair Japan GK; DHC Corporation; Aesop
Japan K.K.
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to regional
& segment scope.
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
Delivery Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, Japan Male Grooming
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Japan Male Grooming Market, By Product Type:
- Shaving Foams & Gels
- Trimmers
- Shavers & Clippers
- Razors & cartridges
- Moustache & Beard Grooming
- Others
- Japan Male Grooming Market, By Distribution Channel:
- Supermarket/Hypermarket
- Hair Salons
- Departmental Stores
- Online
- Others
- Japan Male Grooming
Market, By Region:
o Hokkaido & Tohoku
o Chubu
o Chugoku
o Kyushu
o Others
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Japan Male Grooming market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
Japan Male Grooming Market
is an upcoming report to be released soon. If you wish an early delivery of
this report or want to confirm the date of release, please contact us at [email protected]