Shaving Lotions and Creams: A Global Strategic Business Report
San Jose, California (PRWEB) April 07, 2015
Follow us on LinkedIn – Shaving lotions and creams comprising pre-shave products such as shaving soaps, creams, foams, gels and oils as well as aftershave lotions and balms represent an indispensable component of the daily shaving routine. These creams and lotions experience a continuous growth in demand mainly because there are no replacements for these products. The lubrication offered by pre-shave products including oils, creams, foams and gels enables a razor to glide easily on the skin and shave with minimal nicks and cuts. Growth in the global shaving lotions and creams market is currently riding on product innovations and advancements. Shaving gels, creams and foams in new fragrances and with beneficial ingredients like Vitamin E and Aloe Vera are being introduced in the market on a frequent basis. Organic and natural ingredients are becoming increasingly popular in shaving preparations to make them safer and chemical free. The return of the traditional wet shaving technique, after being gradually encroached by the increase in popularity of electric shavers, also bodes well for the market.
Rapid growth for shaving lotions and creams is expected in emerging markets of Asia-Pacific and Latin America, driven by increasing population, prospering economies, increasing disposable incomes and growing interest in personal grooming. Favorable demographics represent another important growth driver with people in the age group of 15-64 years presently accounting for 66% of the global population. China and India represent two countries with the largest young population in the world offering significant opportunities for market expansion. Rising awareness over the significance of personal grooming among the expanding middle class population coupled with increasing disposable incomes represent key driving forces for the pre-shave and post-shave products market in these regions.
As stated by the new market research report on Shaving Lotions and Creams, Europe represents the largest market worldwide, followed by the United States. Growth in these developed markets is predominantly driven by increasing importance of grooming among the youth population, with compelling motivation to look good. Demand over the years also benefitted with format innovations such as compact packaging and travel kits. Europe also offers a growing market for new ingredients such as natural, organic, mineral as well as skin nourishing shaving creams and lotions. Asia-Pacific represents the fastest growing market registering a CAGR of 7.9% over the analysis period.
Key players covered in the report include Acqua di Parma, Ahava Dead Sea Laboratories, Limited, Beiersdorf AG, BoldForMen, Castle Forbes, D. R. Harris, Dr.Bronners, Energizer Holdings Inc., eShave Inc., Geo F Trumper, Johnson & Johnson, Kiehl, L’Oreal SA, Perio Inc., Proraso, Speick, Taylor of Old Bond Street, The Gentlemens Refinery, The King of Shaves Company Limited, The Procter & Gamble Company, The Gillette Company, Truefitt & Hill, Unilever, and VI-John Group, among others.
The research report titled “Shaving Lotions and Creams: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the shaving lotions and creams market, industry overview, trends, growth drivers, latest product launches and other strategic activity of market participants. The report provides market estimates and projections US$ for major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World.
For more details about this comprehensive market research report, please click here
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