Over the forecast period, demand for depilatories is expected to experience slight value sales growth (at constant 2022 prices), driven by a combination of opposing factors. The ongoing effects of the inflation crisis, particularly in 2023 and 2024, are likely to steer demand towards affordable and value for money depilatory products, particularly among low- and middle-income consumers.
With the prospect of rising prices and decreased purchasing power in 2023 and 2024, the "home spa" trend is expected to remain popular during the first half of the forecast period, leading to increased demand for hair removers/bleaches. However, as the negative impacts of the inflation crisis subside, consumers are likely to resume visiting beauty salons.
The growing trend of laser hair removal, whether done at home or in beauty salons, is anticipated to have some adverse impact on depilatories throughout the forecast period. Although there is an initial investment required, consumers who opt for laser hair removal can enjoy long-lasting results, which means they can save on the cost of women’s razors and blades in the long run.
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Understand the latest market trends and future growth opportunities for the Depilatories industry in Belgium with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Depilatories industry in Belgium, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Depilatories
This is the aggregation of women's pre-shave products, razors & blades and hair removers/bleaches.
See All of Our DefinitionsThis report originates from Passport, our Depilatories research and analysis database.
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