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The High Cost of Body Hair

A new report shows the growing importance of hair removal to people around the world….

  • July 7, 2018

A new report shows the growing importance of hair removal to people around the world.

Transparency Market Research, in a new market report, said the global hair removal wax market is expected to reach a value of $18,814 billion by 2026.

In terms of volume, the market is expected to reach over 5,000 million units at a CAGR of approximately 8.0% in 2026.

The hair removal wax market in Asia Pacific is projected to expand at a rapid pace during the forecast period.

According to the report, the global hair removal market is experiencing high-paced expansion in its size and valuation, owing to increase in beauty consciousness among consumers across the world.

The need to maintain a well-groomed physical appearance is one of the major factors responsible for the expansion of the market, the company said.

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