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Depilatory Products Market in Nigeria 2021
Depilation, also known as hair removal or epilation, is the deliberate removal of body hair or head hair. Depilatory methods include shaving, bleaching, plucking, waxing, use of chemical depilatories, and electrolysis. The depilatory products market in Nigeria is projected to grow at a compound annual growth rate (CAGR) of 13.8% over the analysis period of 2021 to 2027, according to data and analytics company StrategyHelix. Rising consumer disposable income and living standards coupled with increasing urbanization, rising consciousness with respect to personal grooming and enhancing aesthetic appeal are expected to boost the market growth in the coming years.
The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for depilatory products. The Nigeria depilatory products market is segmented on the basis of product, distribution channel. By product, it is categorized into hair removal & bleaching creams, pre-shave oils & lotions, and electronic devices. The electronic devices segment held the largest market share in 2020. By distribution channel, the depilatory products market is divided into supermarkets & hypermarkets, specialty stores, online retailing, and others.
The report has profiled some of the key players of the market such as The Procter & Gamble Company, Societe BIC S.A., Dorco Co. Ltd., Reckitt Benckiser Group plc (RB).
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the depilatory products market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Product: hair removal & bleaching creams, pre-shave oils & lotions, and electronic devices
Distribution channel: supermarkets & hypermarkets, specialty stores, online retailing, and others
Years Considered: this report covers the period 2017 to 2027
Key Benefits for Stakeholders
Get a comprehensive picture of the Nigeria depilatory products market
Pinpoint growth sectors and trends for investment
Understand what the future of the depilatory products market in Nigeria looks like
Identify the competitive landscape and window of opportunity
Table of Contents
1. Market Definition
2. Research Methodology
3. Market Data & Outlook
3.1 Market Value
3.2 Market Value Forecast
4. Depilatory Products Market by Product
4.1 Hair Removal & Bleaching Creams
4.2 Pre-Shave Oils & Lotions
4.3 Electronic Devices
5. Depilatory Products Market by Distribution Channel
5.1 Supermarkets & Hypermarkets
5.2 Specialty Stores
5.3 Online Retailing
6. Company Profiles
6.1 The Procter & Gamble Company
6.2 Societe BIC S.A.
6.3 Dorco Co., Ltd.
6.4 Reckitt Benckiser Group plc (RB)
7.1 About StrategyHelix