The global depilatory waxes market is anticipated to grow at a CAGR of 4.5% during the forecast period (2022-2028). Depilatory waxes are the kind of cosmetic preparation used to remove hair from the skin. Common active ingredients are salts of thioglycolic acid and thiolactic acids. These compounds break the disulfide bonds in keratin and also hydrolyze the hair so that it is easily removed. The key benefits offered by the depilatory waxes have made depilatory waxes the primary choice of consumers. For instance, the hair is completely removed with depilatory wax, from the root, and the follicle is left empty. Although the process is mildly painful, the key advantage of removal of the hair from roots still make it preferrable over other methods of hair removal.
Further, under this method of hair removal, a new root appears over a long period of time delaying the body hair growth. However, this totally depends on each person’s hair type, but may take up to four weeks in general. The market growth is also attributable to the shifting perspective of people towards personal care and self-grooming. Particularly, the inclination of female population towards body hair removal as a part of body hygiene as well as beauty standards have strengthened the growth opportunities of the global depilatory waxes market.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Distribution Channel
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: Reckitt Benckiser Group plc, Procter and Gamble Co., and Church & Dwight Co., Inc., among others.
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Global Depilatory Waxes Market Report by Segment
By Type
- Frozen Wax
- Hot Wax
By Distribution Channel
- Offline
- Online
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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