Global Beard Oil Market Size To Exceed USD 1869.6 Million By 2033: Forecast Analysis Report

Global Beard Oil Market Size To Exceed USD 1869.6 Million By 2033 

According to a research report published by Spherical Insights & Consulting, The Global Beard Oil Market Size is Expected to Grow from USD 932.6 Million in 2023 to USD 1869.6 Million by 2033, at a CAGR of 7.20% during the forecast period 2023-2033.      

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Beard Oil Market Size, Share, and COVID-19 Impact Analysis, By Type (Conventional and Organic), By Distribution Channel (Hypermarkets & Supermarkets, Drugstores & Pharmacies, E-commerce/Online, and Specialty Stores), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033                               

The beard oil market is the global market that deals with the manufacturing, distribution, and sale of beard oils and grooming products made from natural and essential oils to condition facial hair, hydrate the skin, and encourage healthy beard growth. The products minimize itchiness, dryness, and dandruff and improve beard texture. Moreover, the market for beard oil is propelled by heightened male grooming awareness, escalating demand for natural and organic products, social media, and the increasing popularity of beard styling. Growing e-commerce, celebrity promotions, and product differentiation, such as vitamin-enriched and fragrance oils, also fuel market expansion among different segments and geographies. However, the beard oil market is beset by constraints such as increased competition, the presence of lower-cost substitutes, low awareness in certain geographies, cultural personal grooming practices, and possible skin allergies, which can deter market growth and adoption.

The conventional segment accounted for the largest share of the global beard oil market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on type, the global beard oil market is divided into conventional, and organic. Among these, the conventional segment accounted for the largest share of the global beard oil market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.  This is led by its affordability, broad reach, and established consumer base. Though organic beard oils are gaining popularity, traditional ones prevail with their competitive pricing, broad range of formulations, and strong retail and online store presence.

The e-commerce/online segment accounted for a substantial share of the global beard oil market in 2023 and is anticipated to grow at a rapid pace during the projected period.

On the basis of the distribution channel, the global beard oil market is divided into hypermarkets & supermarkets, drugstores & pharmacies, e-commerce/online, and specialty stores. Among these, the e-commerce/online segment accounted for a substantial share of the global beard oil market in 2023 and is anticipated to grow at a rapid pace during the projected period. This is driven by the ease of online purchase, broader product selection, competitive pricing, and social media and influencer-grooming pressures. The growth of direct-to-consumer companies and subscription sales further accelerates market growth for online markets.

North America is projected to hold the largest share of the global beard oil market over the projected period.  

North America is projected to hold the largest share of the global beard oil market over the projected period. This is driven by the high demand for men's grooming products, the growth of beard care awareness, and a well-developed e-commerce infrastructure. The United States is the lead market due to the popularity of high-end grooming brands, celebrity endorsements, and the growing popularity of organic and natural beard oils.

Asia Pacific is expected to grow at the fastest CAGR of the global beard oil market during the projected period. This is driven by growing male grooming consciousness, growing disposable incomes, and growing e-commerce. India and China are witnessing high demand due to evolving beauty trends, urbanization, and the rising power of social media and international grooming styles.

Company Profiling 

Major vendors in the global beard oil market are Viking Revolution, Brickell Brands LLC., Bossman Brands Inc., Mountaineer Brand Products, PROPHET AND TOOLS, Leven Rose, American Beard Bully Co., The Gentleman's Beard Club, Honestamish, Artnaturals-storeus., and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In April 2024, Piramal Pharma's Consumer Products Division entered the men's personal grooming segment with the launch of the BOHEM product series. The series consists of a Beard Growth Oil, Hair Removal Spray, and Underarm Roll-On to encourage men to adopt inclusive self-care practices.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global beard oil market based on the below-mentioned segments:  

Global Beard Oil Market, By Type

• Conventional
• Organic

Global Beard Oil Market, By Distribution Channel

• Hypermarkets & Supermarkets
• Drugstores & Pharmacies
• E-commerce/Online
• Specialty Stores

Global Beard Oil Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa