According to a market report by Lucintel, the future of the gel market looks promising with opportunities in the Hypermarkets/Supermarkets, Specialist Retailers, Variety Stores, Convenience Stores, Online Retail, Department Stores, and Others. The global gel market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 3% from 2020 to 2025. The major drivers for this market are rising preference of foreign brands among the working women and men is expected to drive the market growth, increasing awareness about personal grooming and increasing number of fashion concerned people across the world is also expected to stimulate the market growth.
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In this market, different type of gel products, water, and cream. Lucintel forecast that water gel will remain the largest product type over the forecast period due to increased consumer awareness about the benefits of hair styling ingredients in hair care products has fueled the demand for active ingredients.
Within the gel market, household will remain the largest application during the forecast period due to the use of hair wash products widely as a personal care product by broad range of the population, and increasing product usage for kids and babies is further fueling segment growth.
North America will remain the largest region the forecast period due to high preference of hairstyling coupled with natural hair gel demand. The growing men grooming trend in the country has further accelerated the market.
L’Oreal, Colgate, Henkel, Bio Ionic, Mandom, Bio Ionic, Unilever Plc., Shiseido, Avon Products, Alberto, and Beauty Elite Group. are some of the major gel manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global gel market by product type, form, application, distribution channell and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Gel Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global gel market by product type, application, distribution channel and region as follows:
By Product Type [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
By Application [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
By Distribution Channel [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
Hypermarkets/Supermarkets
Specialist Retailers
Variety Stores
Convenience Stores
Online Retail
Department Stores
Others
By Region [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This research report of more than 150 pages will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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