Shaving Cream Market to Grow with a CAGR of 8.15% through 2030
The
Shaving Cream Market is growing due to rising grooming awareness, increased
disposable income, product innovation, expanding e-commerce, and demand for
eco-friendly, skin-sensitive formulations among men and women.
According to
TechSci Research report, “Shaving Cream Market - Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2030F”, The global Shaving Cream Market was valued
at USD 19.75 Billion in 2024 and is expected to reach USD 31.49 Billion by 2030
with a CAGR of 8.15% during the forecast period. The global shaving cream market has
witnessed significant growth over the past decade, driven by evolving consumer
grooming habits, increasing awareness about personal care, and rising
disposable incomes worldwide. As more consumers, especially men, prioritize
skincare alongside traditional shaving routines, the demand for shaving creams
has expanded considerably. The market size reflects not only the volume of
products sold but also the value generated through premiumization, innovative
formulations, and expanding distribution channels. This growth trajectory is
expected to continue, with the market adapting dynamically to changing consumer
preferences and technological advancements.
A
key factor influencing the overall market size is the growing emphasis on male
grooming and personal hygiene. Societal norms around masculinity and self-care
have shifted, encouraging men to adopt more elaborate grooming routines that
include the use of specialized products like shaving creams. Unlike traditional
soaps or simple shaving foams, shaving creams offer superior skin protection,
hydration, and comfort, making them an integral part of modern grooming kits.
This shift has broadened the consumer base beyond older generations to include
millennials and Gen Z men, thereby significantly increasing demand.
The
expansion of the market is also fueled by increased penetration of shaving
creams in emerging economies. Rising urbanization, growing middle-class
populations, and greater exposure to global beauty and grooming trends have
contributed to higher consumption in regions like Asia-Pacific, Latin America,
and parts of Africa. These regions have traditionally relied on more basic
grooming products, but with improving standards of living and accessibility,
there is a clear transition towards premium and specialized shaving products.
This trend substantially increases the overall market size by bringing new
consumers into the fold.
Technological
innovation and product development have further propelled market growth.
Manufacturers continuously invest in research and development to enhance
shaving cream formulations by incorporating skin-friendly ingredients such as
natural extracts, moisturizers, and anti-inflammatory components. These
advancements create a value proposition that appeals to increasingly discerning
customers who seek not only effective shaving but also skincare benefits. This
integration of skincare with shaving products drives higher consumption volumes
and enables brands to command premium pricing, expanding the market’s monetary
size.
The
proliferation of online retail platforms has also played a critical role in
expanding the market size. E-commerce has made shaving creams more accessible
to consumers globally, including those in remote or underserved regions.
Digital marketing, influencer partnerships, and direct-to-consumer brand models
have further fueled demand by making it easier for brands to reach targeted
customer segments with personalized offers. The convenience of online shopping,
combined with a wider variety of options, encourages repeat purchases and
experimentation with new products, all of which contribute to overall market
growth.
Moreover,
the market size is influenced by the rising trend of sustainability and
eco-conscious consumerism. Shaving cream manufacturers are increasingly
adopting natural and organic ingredients, along with sustainable packaging
solutions, to meet the preferences of environmentally aware consumers. This
shift has not only attracted new customers but also allowed companies to
introduce higher-value products that command better margins. As consumers
become more willing to invest in products aligning with their values, the
shaving cream market benefits from both volume and value expansion.
Browse over xx
market data Figures spread through xx Pages and an in-depth TOC on
"Global Shaving Cream Market.”
The global Shaving
Cream Market is segmented into type, price, distribution channel, and region.
Based
on distribution channel,
online distribution channel is the fastest-growing segment in the global Shaving
Cream Market driven by the increasing shift in consumer purchasing behavior
towards digital platforms. Convenience, wider product variety, and competitive
pricing make online shopping highly attractive to consumers. Additionally, the
rise of e-commerce giants and direct-to-consumer brands has expanded
accessibility, especially in remote and underserved regions. Digital marketing,
influencer endorsements, and personalized recommendations further boost online
sales. The COVID-19 pandemic accelerated this trend by limiting physical store
visits, encouraging more consumers to explore and buy shaving creams online.
Based
on region, Asia Pacific region is the fastest-growing market for Shaving Cream
Market driven by rising urbanization, increasing disposable incomes, and
growing awareness of personal grooming among men. Rapid economic development in
countries like China, India, and Southeast Asia has led to greater adoption of
premium grooming products, including shaving creams. Additionally, expanding
e-commerce infrastructure and digital penetration have made these products more
accessible to a broader consumer base. Cultural shifts toward modern grooming
habits and rising young male populations further fuel demand. This combination
of factors positions Asia Pacific as a key growth engine in the global shaving
cream market.
Major companies
operating in global Shaving Cream Market are:
- Beiersdorf
AG (Nivea)
- Cremo
Company, LLC
- The
Procter & Gamble Company
- Colgate-Palmolive
Company
- BULLDOG
(Edgewell Personal Care)
- Bombay
Shaving Company
- Dollar
Shave Club
- Captain's
Choice
- Dorco
Co, Ltd.
- L’Oréal
Groupe
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“The global Shaving Cream Market is
expected to continue growing steadily, supported by ongoing innovations,
demographic shifts, and increasing grooming consciousness. The introduction of
multifunctional products combining cleansing, moisturizing, and protective
properties will likely open new avenues for growth. Additionally, as men become
more open to exploring diverse grooming routines and products, the market size
is poised to expand further. With sustainability and digital engagement
becoming integral to business strategies, the shaving cream market is set to
evolve into a more diverse, dynamic, and lucrative segment of the personal care
industry“, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Shaving Cream Market – Global
Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Aftershave, Pre-shave), By Price
(Low, Medium, High), By Distribution Channel (Hypermarkets/Supermarkets,
Convenience Stores, Online, Others), By Region & Competition, 2020-2030F”, has evaluated the future growth
potential of global Shaving Cream Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the global Shaving Cream Market.
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