DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Female Depilatory Products Market 2016-2020" report to their offering.
The report forecasts the global female depilatory products market to grow at a CAGR of 6.04% during the period 2016-2020.
The global female depilatory products market is driven by the established nature of organized retail in the developed markets and product innovation. Product innovation requires significant investment in R&D. L'Oréal invested $847 million in the R&D of its cosmetics segment and registered 497 patents in 2015. In the same year, Reckitt-Benckiser spent $214.1 million and P&G spent $2.05 billion on R&D.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The report states that increasing demand for laser hair removal will be a major challenge for the market. The growing demand for alternative solutions such as laser technology will have considerable negative effects on the sales of depilatory products. In December 2006, the US FDA approved the first at-home laser hair remover developed by P&G's Gillette and Palomar Medical Technologies. Other manufacturers have also launched similar products. More consumers are opting for these products, as laser hair removal offer long-term hair removal. This is threatening the sales of traditional depilatories.
- American International Industries
- Church & Dwight
- Procter & Gamble
Key Topics Covered:
PART 01: Executive summary
PART 02: Market summary
PART 03: Scope of the report
PART 04: Market research methodology
PART 05: Introduction
PART 06: Economic indicators
PART 07: Methods of hair removal
PART 08: Market landscape
PART 09: Market segmentation by product category
PART 10: Geographical segmentation
PART 11: Key leading countries
PART 12: Market drivers
PART 13: Impact of drivers
PART 14: Market challenges
PART 15: Impact of drivers and challenges
PART 16: Market trends
PART 17: Vendor landscape
PART 18: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/3384k8/global_female