LONDON--(BUSINESS WIRE)--Technavio has announced the top six leading vendors in their recent global depilatory products market report. This research report also lists six other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to Technavio researchers, the global depilatory products market is highly competitive with a few large and medium players accounting for a significant market share. Several private label players also operate in the market. However, with the growing presence of international players in the market, regional vendors find it increasingly difficult to compete in terms of pricing. Vendors operating in the market provide a diversified range of products to appeal to a wider consumer base.
Brijesh Kumar Choubey, a lead analyst at Technavio for cosmetics and toiletry research, says, “The key market players compete regarding quality, pricing, and innovation. New product innovations are a commonly used strategy to maintain the demand in the market. The growth of players in the market also depends on market conditions, government support, and industry development. The market is expected to be more competitive during the forecast period, with several product launches, price discounting, and mergers and acquisitions.”
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Top six depilatory products market vendors
American International Industries
American International Industries was founded in 1971 and is headquartered in California, US. The company manufactures and distributes beauty and skin care products for women and men. The company offers more than 40 brands and sells its products in more than 140 countries.
Church & Dwight
Church & Dwight was established in 1846 and is headquartered in New Jersey, US. The company manufactures and markets personal care, household, and specialty products. It sells its products through wholesale clubs, supermarkets, convenience stores, drug stores, pet stores, and other specialty stores and websites. In FY2015, the company reported USD 3.39 billion in revenue. As of December 2015, it had 4,400 employees.
L'Oréal was established in 1909 and is headquartered in Clichy, France. The company manufactures cosmetic products for men and women. In FY2015, it reported a total revenue of USD 28.02 billion.
L'Oréal offers the following products in the global depilatory products market:
|Hair removal cream||Vichy|
Nad's was founded in 1992 and is headquartered in Baulkham Hills, New South Wales, Australia. The company offers hair removal products in the US, New Zealand, and Australia. It also runs Nad's Laser Clinic across Sydney (Australia) in six locations. It operates as a subsidiary of the Sue Ismiel and Daughters Group.
Procter & Gamble (P&G)
P&G was founded in 1837 and is headquartered in Ohio, US. The company offers consumer products through high-frequency stores, grocery stores, e-commerce platforms, membership club stores, department stores, drugstores, and mass merchandisers. In FY2015, the company reported revenue of USD 76.27 billion. As of June 2015, it had 110,000 employees.
Reckitt Benckiser was established in 1823 and is headquartered in Slough, UK. The company manufactures and distributes a wide range of household, toiletry, pharmaceutical, and food products. It operates in more than 60 countries and serves customers in 200 countries. In FY2015, the company reported USD 13.57 billion in revenue.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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