Men's Grooming Products: a Global Analysis
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Men’s Grooming Products: A Global Analysis November 2009 Packaged Facts 800.298.5294 t 11200 Rockville Pike 240.747.3095 f Rockville, Maryland 20852 www.packagedfacts.com This page intentionally left blank Company Background Packaged Facts is a trusted provider of authoritative consumer market research. For over 30 years, our in-depth research, expert analysis and personalized client support have helped business professionals make the right strategic decisions. Why Buy From Us? In-depth research…expert analysis. Our reports are written by analysts with years of experience as professionals working in the industries that they now cover. This experience and our time-intensive research methodology result in authoritative analysis that aids the decision-making processes of our clients. Our reports continue to provide a broad, top-level overview of a market and offer not only the raw data, but focus on interpretation of that data to make it more rel- evant and usable by our clients. 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Vice President of Publishing Don Montuori Publisher Don Montuori Author Timothy Dowd Research Director David Sprinkle Marketing Manager Jenn Tekin Communications Associate Daniel Granderson Publication Date November 2009 LA2293646 1-59814-297-6 All rights reserved. No part of this report may be reproduced without permission of the publisher. Copyright © 2009 Packaged Facts This page intentionally left blank Men’s Grooming Products Table of Contents Table of Contents Men's Grooming Products: A Global Analysis Chapter 1: Executive Summary.................................................. 1 Market Definition........................................................................................1 Men’s Grooming Sales Data Provided in Two Modes.............................1 Worldwide, $61.3 Billion Spent on Grooming Products Used by Men in 2009 ....................................................................................................1 Sales of Male-Specific Grooming Products at $19.7 Billion...................2 Men’s Grooming Demand Withstands Recession Fairly Well................2 Table 1-1: Worldwide Retail Dollar Sales of All Grooming Products Consumed by Men, and of Male-Specific Grooming Products, 2004-2009 (In Billions)........ 3 Global Men’s Grooming Market to Boost to $84.9 Billion by 2014 ........3 Table 1-2: Projected Worldwide Retail Dollar Sales of All Grooming Products Consumed by Men, by Country, 2009-2014 (In Billions) ....................................... 4 Male-Specific Products to Climb to $28.0 Billion....................................4 Table 1-3: Projected Worldwide Retail Dollar Sales of Male-Specific Grooming Products, by Country, 2009-2014 (In Billions)........................................................ 5 No Surprise – Shaving Items Dominate ...................................................5 Table 1-4: Share of Worldwide Retail Dollar Sales of All Grooming Products Consumed by Men, by Product Category, 2004-2009 (In Billions)................................................................................................................. 6 U.S., Japan, France, Germany Lead Sales of All Grooming Products Consumed by Men.................................................................................6 Table 1-5: Worldwide Retail Dollar Sales of All Grooming Products Consumed by Men, by Country, 2004-2009 (In Billions)........................................................... 7 Men Hold Up Over Half the Sky ................................................................7 Table 1-6: World Population, by Age and Gender, 2009............................................. 8 Billions of Men Striving to Be Middle-Class ............................................8 The Male Ego: It Took 40 Years, But Now We Have the Marketing Keys......................................................................................................10 Convenience and Functionality .................................................................................. 10 Humor: Make It Crude, Even Dirty, and You’ve Got a Classic Brand ..................... 11 Sex ................................................................................................................................. 11 Willingness to Spend on Branded Products ............................................................. 12 Universal Positionings................................................................................................. 12 Use of the Wife’s/Girlfriend’s Beauty Products ........................................................ 13 Natural/Organic/Green/Fair Trade Concerns............................................................. 13 Targeting Men of Developing Countries: The Plusses .........................14 Technology – Internet, Mobile, Tagging – Empowers Third World......................... 14 Machismo Eroded by Connectivity............................................................................. 15 November 2009 © Packaged Facts I Table of Contents Men’s Grooming Products Chapter 1: Executive Summary [cont.] Individuals and Families vs. Clans and Tribes ..........................................................15 Third World’s Doctors Drive Taxis in New York ........................................................16 Natural HBC Market Poised for International Expansion..................... 17 Key Mergers and Acquisitions............................................................... 18 P&G, Uni, Beiersdorf, Avon Among Top Grooming Marketers in World.................................................................................................... 19 China’s Men Are Largest of World’s Top 10 Grooming Markets......... 21 Table 1-7: Numbers of All Males (Men and Boys) in Top 11 National Markets for Men's Grooming Products, as of July 2009 ..........................................................22 Chapter 2: The Worldwide Men’s Grooming Market ...............23 Highlights.......................................................................................................................23 Introduction ................................................................................25 Market Definition ..................................................................................... 25 Men’s Grooming Sales Data Provided in Two Modes.......................... 26 Glossary................................................................................................... 26 ASEAN............................................................................................................................26 Carbon Footprint...........................................................................................................27 Cosmeceutical...............................................................................................................27 Direct ..............................................................................................................................28 Fair Trade.......................................................................................................................28 Green..............................................................................................................................29 Grooming Products ......................................................................................................29 HBC ................................................................................................................................29 Market versus Category versus Segment ..................................................................29 Mass Retail Channel(s).................................................................................................29 NAFTA ............................................................................................................................30