In 2021, sales of men’s grooming products bounced back to positive growth following the double-digit decline in the previous year when demand was low due to the limitations on travel, socialising and entertainment, as well as consumers working or studying from home where possible which upended male grooming habits in Bulgaria, and contributed to the negative sales growth of men’s grooming.
Men’s skin care was among the fastest growing categories in 2021, along with men’s toiletries these categories have been benefiting from the increased preoccupation with hygiene and self-care, especially by younger male consumers, and rapidly evolving beauty and personal care norms for men as result of social media and influencers. Male consumers are set to become an increasingly influential part of the consumer base over the forecast period.
There has been a rise in the number of men growing beards, a trend that accelerated during the pandemic as men simplified their grooming regimes during lockdown. Even as consumers returned to the workplace, many men chose to not return to shaving.
Over the forecast period, men’s grooming is set to perform much more strongly compared to the review period as value sales are projected to accelerate due to growing interest in men’s skin care products and premium men’s shaving products. Value growth will also be driven by ongoing product innovation and the introduction of more sustainable men’s grooming products which usually carry a higher price tag.
In 2021, Wilkinson launched Wilkinson Classic Premium, a new line from Wilkinson Sword, a classic shaving set for well-groomed beards. The premium brand stands out for its distinctive design and packaging.
E-commerce has seen its share of distribution of men’s grooming rise noticeably during the pandemic. This reflects underlying trends, but the restrictions on movement and other COVID-19 measures, as well as underlying reluctance to visit physical outlets, has accelerated the trend.
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Understand the latest market trends and future growth opportunities for the Men's Grooming industry in Bulgaria 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 Men's Grooming industry in Bulgaria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of men’s shaving products, men’s toiletries and men's fragrances.See All of Our Definitions
This report originates from Passport, our Men's Grooming research and analysis database.
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