Global Hair Removal Wax Industry

Global Hair Removal Wax Industry

  • July 2020 •
  • 365 pages •
  • Report ID: 5900634 •
  • Format: PDF
Global Hair Removal Wax Market to Reach $16.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Hair Removal Wax estimated at US$9.8 Billion in the year 2020, is projected to reach a revised size of US$16.9 Billion by 2027, growing at aCAGR of 8.1% over the period 2020-2027. Soft Wax, one of the segments analyzed in the report, is projected to record 8.4% CAGR and reach US$12.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hard Wax segment is readjusted to a revised 7.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 12.2% CAGR

The Hair Removal Wax market in the U.S. is estimated at US$2.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.9 Billion by the year 2027 trailing a CAGR of 12.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 7.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.We bring years of research experience to this 8th edition of our report. The 365-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • American International Industries
  • Church & Dwight Co., Inc.
  • Coloris Sp. z o.o.
  • FILO BIANCO S.r.l. (Italwax)
  • GiGi
  • Harley Waxing UK
  • Jax Wax Australia
  • Karaver
  • Marzena BodyCare Products
  • Parissa Laboratories Inc.
  • Perron Rigot
  • Reckitt Benckiser Group PLC
  • Sally Hansen Inc.
  • Starpil Wax Co.
  • Sue Ismiel and Daughters (Nad’s)
  • The Darent Wax Co., Ltd.
  • Xanitalia Srl