Hair Removal Cream Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

By Product Type;

Depilatory Creams, Waxing Creams and Others

By Formulation;

Sensitive Skin Formulations, Regular Formulations and Natural & Organic Formulations

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn248068845 Published Date: December, 2025 Updated Date: February, 2026

Hair Removal Cream Market Overview

Hair Removal Cream Market (USD Million)

Hair Removal Cream Market was valued at USD 1,372.73 million in the year 2024. The size of this market is expected to increase to USD 2,036.96 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.


Hair Removal Cream Market

*Market size in USD million

CAGR 5.8 %


Study Period2026 - 2032
Base Year2025
CAGR (%)5.8 %
Market Size (2025)USD 1,372.73 Million
Market Size (2032)USD 2,036.96 Million
Market ConcentrationMedium
Report Pages332
1,372.73
2025
2,036.96
2032

Major Players

  • Reckitt Benckiser
  • Vi-John Group
  • Procter & Gamble
  • Nads
  • Revitol
  • Sally Hansen
  • Church & Dwight
  • Skin Doctors Cosmeceuticals
  • Jolen
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hair Removal Cream Market

Fragmented - Highly competitive market without dominant players


Hair Removal Cream Market is showing consistent growth as consumers increasingly prioritize quick, painless, and affordable grooming methods. With nearly 55% of users in personal care preferring creams over waxing or shaving, the demand for these products continues to rise. Their convenience and efficiency make them an integral part of modern grooming routines.

Rising consumer preference for convenience
The popularity of hair removal creams is driven by their ease of use and reliable results. Approximately 48% of individuals who are focused on beauty and personal care are adopting depilatory creams, reflecting their growing importance. The availability of formulations for different skin types further supports their position as a versatile grooming solution.

Advancements in product formulations
Technological innovation in cream formulations has enhanced their effectiveness, with many products incorporating moisturizing agents, natural ingredients, and sensitive-skin variants. Around 37% of newly introduced products emphasize skin-friendly solutions, which are boosting consumer confidence and satisfaction in the market.

Impact of strategies and collaborations
The market is advancing through strong strategies and collaborations between personal care brands and marketing channels. More than 42% of campaigns promote long-lasting smoothness and skincare benefits, driving higher engagement among consumers. Strategic collaborations are enabling wider distribution and innovative product launches.

Positive growth trajectory
The hair removal cream market is projected to maintain steady growth, with over 50% of personal care companies focusing on research, partnerships, and product innovation. This demonstrates a strong outlook for future expansion as consumer lifestyles evolve and demand for convenient grooming continues to rise.

  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 Type
    2. Market Snapshot, By Formulation
    3. Market Snapshot, By Region
  4. Hair Removal Cream Market Forces
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Evolving Beauty Standards
        2. Increasing Grooming Habits
        3. Advancements in Product Formulations
        4. Changing Lifestyles
        5. Urbanization
      2. Restraints
        1. Skin Sensitivity
        2. Unpleasant Odor
        3. Product Concerns
        4. Competition from Alternative Hair Removal Methods
        5. Potential Skin Irritation
      3. Opportunities
        1. Growing Demand for Hypoallergenic Formulations
        2. Development of Dermatologist-Tested Products
        3. Expansion into Emerging Markets
        4. Innovation in Product Fragrances
        5. Targeting Specific Consumer Segments
    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. Hair Removal Cream Market, By Product Type, 2021 - 2031 (USD Million)
      1. Depilatory Creams
      2. Waxing Creams
      3. Others
    2. Hair Removal Cream Market, By Formulation, 2021 - 2031 (USD Million)
      1. Sensitive Skin Formulations
      2. Regular Formulations
      3. Natural & Organic Formulations
    3. Hair Removal Cream 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 Benckiserc
      2. Church & Dwight
      3. Procter & Gamble
      4. Sally Hansen
      5. Nads
      6. Andrea Cosmetics
      7. Bliss
      8. Neutrogena
      9. Revitol
      10. Vi-John Group
      11. Skin Doctors Cosmeceuticals
      12. Jolen
      13. SI&D
      14. American International Industries
  7. Analyst Views
  8. Future Outlook of the Market