World Aftershave Lotion Market to Grow at 7.14% CAGR through 2020, Projects Infiniti Research in Its Report Available at MarketPublishers.com11 Aug 2016 • by Natalie Aster
LONDON – The worldwide market for aftershave lotion is poised to continue growing in the years to come. This market is predicted to register a 7.14% CAGR between 2016 and 2020. The robust healthy market growth will likely be propelled by a number of favourable factors including increasing corporate culture, ongoing innovations in aftershave lotions, introduction of new formulas and products, rising awareness of rooming among male population and also strong preference for wet shave amid men worldwide. However, certain factors could pose a challenge to the further growth in the aftershave lotion market like expanding trend of beard fashion, increasing use of electric shavers and some other.
Top current trends in the world aftershave lotion market include increasing interest to anti-aging benefits of aftershave lotion, rising demand for women’s aftershave products, celebrity endorsements and also increasing awareness of organic and natural ingredients.
The global aftershave lotion marketplace is presented by numerous companies. Top players include L’Oreal, Avon Products, Super-Max, Johnson & Johnson, Unilever, P&G, Beiersdorf and Colgate-Palmolive, amid others.
The report “Global Aftershave Lotion Market 2016-2020” worked out by Infiniti Research explores the current scenario in the global aftershave lotion market and also outlines future growth prospects for this marketplace through 2020. It highlights the major factors shaping the market, discusses the prevailing development trends, uncovers important figures and statistics and also explores competitive pressures and profiles top players.
More cutting-edge studies by Infiniti Research could be found in this catalogue.