Depilatory Products Market

By Product;

Hair Removal Creams, Waxes, and Wax Strips, Women’s Blades & Razors, and Women’s Electronic Hair Removal Devices

By Application;

Facial, Legs, Arms, Bikini Area, and Underarms

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn572529400 Published Date: August, 2025 Updated Date: September, 2025

Depilatory Products Market Overview

Depilatory Products Market (USD Million)

Depilatory Products Market was valued at USD 8,361.93 million in the year 2024. The size of this market is expected to increase to USD 12,163.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.


Depilatory Products Market

*Market size in USD million

CAGR 5.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.5 %
Market Size (2024)USD 8,361.93 Million
Market Size (2031)USD 12,163.93 Million
Market ConcentrationMedium
Report Pages390
8,361.93
2024
12,163.93
2031

Major Players

  • Church & Dwight
  • L'Oral
  • Nad's
  • P&G
  • Reckitt Benckiser

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Depilatory Products Market

Fragmented - Highly competitive market without dominant players


The Depilatory Products Market is expanding steadily as demand for easy and painless hair removal solutions grows across diverse consumer groups. Nearly 55% of women and 30% of men use depilatory creams, waxes, and sprays as part of their grooming routines. The convenience and affordability of these solutions make them a widely preferred choice in everyday personal care.

Key Drivers Accelerating Growth
The rising focus on personal hygiene and grooming habits significantly fuels market expansion. Around 60% of millennials prioritize self-care and fast grooming solutions, creating strong demand for depilatory products. These offerings provide quick and effective hair removal, aligning with the lifestyle needs of busy consumers seeking efficiency.

Advancements Strengthening Market Adoption
Continuous product innovation has boosted market acceptance, with brands focusing on sensitive-skin formulations and organic alternatives. Close to 40% of consumers prefer natural ingredient-based depilatories, driving companies to expand chemical-free options. Availability in multiple formats such as creams, gels, sprays, and wax strips has broadened adoption further.

Role of Digital and E-commerce Expansion
The surge in online shopping has transformed product accessibility and consumer awareness. More than 45% of buyers discover and purchase depilatory products via e-commerce channels, supported by targeted promotions and digital marketing campaigns. This online presence has played a key role in strengthening product visibility and reach.

Depilatory Products Market Recent Developments

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Depilatory Products Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising consumer focus on personal grooming and aesthetics
        2. Growing adoption of hair removal products among men
        3. Increasing availability of innovative and convenient products like ready-to-use wax strips and electronic devices
      2. Restraints
        1. Potential skin irritation and allergic reactions associated with chemical-based products
        2. High competition from alternative hair removal methods such as laser treatments
        3. Variability in consumer preferences across different regions
      3. Opportunities
        1. Expanding e-commerce platforms providing easy access to diverse product ranges
        2. Development of eco-friendly and organic depilatory products to cater to sustainability trends
        3. Growth potential in emerging markets due to rising disposable incomes and urbanization
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Depilatory Products Market, By Product , 2021 - 2031 (USD Million)
      1. Hair Removal Creams
      2. Waxes
      3. Wax Strips
      4. Women’s Blades and Razors
      5. Women’s Electronic Hair
      6. Removal Devices
    2. Depilatory Products Market, By Application, 2021 - 2031 (USD Million)
      1. Facial
      2. Legs
      3. Arms
      4. Bikini Area
      5. Underarms
    3. Depilatory Products Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Reckitt Benckiser (Veet)
      2. Church & Dwight (Nair)
      3. Procter & Gamble
      4. Emjoi
      5. Philips (Personal Care)
      6. Vijohnkart.com
      7. SI&D (Aust) Pty Ltd
      8. Revitol
      9. Sally Hansen
      10. Helios Lifestyle Private Limited
      11. Oriflame Holding AG
      12. GIGI
      13. American International Inc.
      14. Edgewell Personal Care (inferred via major players in personal care category)
      15. Société Bic S.A.
  7. Analyst Views
  8. Future Outlook of the Market