Overview and Scope
Sugaring hair removal is a method of temporary hair removal, wherein a paste comprised of sugar, water, and lemon juice is applied to the skin and subsequently removed, eliminating unwanted hair in the direction of hair growth. It works by adhering to the hair follicle and pulling the entire hair out from the root.
Sizing and Forecast
The sugaring hair removal market size has grown strongly in recent years. It will grow from $2.88 billion in 2023 to $3.06 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to cultural shift towards natural and organic products, rise of social media and influencer marketing, demand for pain-free hair removal, wellness and self-care trends, increased availability of DIY sugaring kits.
The sugaring hair removal market size is expected to see strong growth in the next few years. It will grow to $3.72 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to rising demand for sustainable and eco-friendly beauty products, continued emphasis on natural ingredients, expansion of e-commerce and online beauty retail, increased focus on inclusivity and diversity, growing male grooming market. Major trends in the forecast period include integration of sugaring in wellness and spa retreats, virtual consultations and DIY support, increased accessibility through subscription models, diversification of sugaring products, expansion of male-specific sugaring products and services.
Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/sugaring-hair-removal-global-market-report
Segmentation & Regional Insights
The sugaring hair removal market covered in this report is segmented –
1) By Product Type: Strip Sugar, Hand Paste, Other Product Types
2) By Wax Type: Soft Sugar Wax, Medium Sugar Wax, Hard Or Firm Wax
3) By Consumer Group: Men, Women
4) By Application: Face, Body
5) By End-User: Individual, Commercial
North America was the largest region in the sugaring hair removal market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sugaring hair removal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14210&type=smp
Major Driver Impacting Market Growth
The expansion of spa and salon services is expected to propel the growth of the sugaring hair removal market going forward. Spa and salon services encompass a variety of beauty and personal care offerings provided by establishments such as spas, salons, and beauty care centers. As global economies improve, people have more disposable income to spend on discretionary items such as self-care and personal appearance. Sugaring hair removal, offered as a service in spas and salons, provides clients with a natural and effective method for achieving smooth, hair-free skin. For instance, in May 2023, according to the International SPA Association, a US-based spa industry association, the total revenue in the US spa industry experienced growth from $18.1 billion in 2021 to $20.1 billion in 2023, reflecting an increase of over 11%. Moreover, the number of spas increased by 280 locations in 2022 over 2021, and spa visits grew from 173 million in 2021 to 181 million in 2022. Therefore, the expansion of spa and salon services is driving the growth of the sugaring hair removal market.
Key Industry Players
Major companies operating in the sugaring hair removal market are Reckitt Benckiser Group plc., Alexandria Professional LLC, Schick, Sugaring NYC, Eva’s Esthetics, L.A. Bikini, Sugaring LA, Skin Inc., Parissa Laboratories Inc., Sugar Sugar, Nad’s, Radeq Lab, Sweet & True Sugaring Co., Nacach Wax, Sugaring Factory, MOOM Inc., Sweet Sensation Body Sugaring, The Sweet Spot Sugaring, Sweet Success Sugaring Training, Sweet Solutions Sugaring Studio, The Sugaring Lounge, Sugar of the Nile, Luvspick, Guangzhou Fourto Sanitary Products Co. Ltd., Sugardoh Inc., Sugar Cove, Sugaring London
The sugaring hair removal market report table of contents includes:
1. Executive Summary
2. Sugaring Hair Removal Market Report Structure
3. Sugaring Hair Removal Market Trends And Strategies
4. Sugaring Hair Removal Market – Macro Economic Scenario
5. Sugaring Hair Removal Market Size And Growth
……
27. Sugaring Hair Removal Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the trending research reports from TBRC:
https://topprnews.com/gluten-feed-market
https://topprnews.com/organic-feed-market
https://topprnews.com/organic-pigments-market
https://goodprnews.com/rapeseed-oil-market
https://goodprnews.com/gluten-feed-market
https://goodprnews.com/manufactured-soil-market
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info
Healthcare Blog: https://healthcareresearchreports.com
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
