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A review on Men’s grooming market Done by Tran Bich Ngoc & Chu Minh Thong Source: Kanta Worldwide Panel, Statista.com, Euromonitor

Male Grooming Category Review - Vietnam

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Page 1: Male Grooming Category Review - Vietnam

A review on

Men’s grooming market

Done by Tran Bich Ngoc & Chu Minh ThongSource: Kanta Worldwide Panel, Statista.com,

Euromonitor

Page 2: Male Grooming Category Review - Vietnam

Status

Page 3: Male Grooming Category Review - Vietnam

Global

52%48%

Are Looks and Appearance important to men?Important Not important

• 39% “Important” answers are from

teenagers (15-17 year old)

• 2 key user groups: Use for hygiene and

Use for improving appearance.

Page 4: Male Grooming Category Review - Vietnam

Global

2012 2013 2014 2015 2016 2017 2018 2019 2020

17.3 18.3 19.3 20.3 21.4 22.623.9

25.226.6

Size of the global market male grooming from 2012 to 2020

• Global male grooming is

estimated: grow nearly 1,3

billion every year from

2015-2020.

Page 5: Male Grooming Category Review - Vietnam

Asia

• 4 out of 5 men care about their

looks

• Top 5 grooming items:1. Blades/Razors (92%)

2. Shampoo (91%)

3. Bar soap (72%)

4. Skincare (70%)

5. Shower gel (55%)

To feel better about themselves "Because women like it"0

10

20

30

40

50

60

70

80

9084

64

Drivers

Page 6: Male Grooming Category Review - Vietnam

Vietnam

In 2013, the men’s grooming market grown 9%, almost twice

the grow rate of the cosmetic market in general.

Page 7: Male Grooming Category Review - Vietnam

VietnamMost products are branded

Other

Page 8: Male Grooming Category Review - Vietnam

Consumer profile

Page 9: Male Grooming Category Review - Vietnam

Vietnamese men

“Caring about look is embarrassing and un-manly”

Only 8% actually use face wash

Age: from 15 to 35

60% feel the need of using men’s grooming products

Page 10: Male Grooming Category Review - Vietnam

“Caring about look is

un-manly”

Page 11: Male Grooming Category Review - Vietnam

Retailer profile

Page 12: Male Grooming Category Review - Vietnam

45% customers buy online

- General store- Provision store- Ma & Pa- Cosmetics shop- Salons

- Supermarket- Hypermarket- Minimarket- Private store- Online shop

MT

GT

Channels

Page 13: Male Grooming Category Review - Vietnam

Supermarkets’ sales grow each yearMost supermarkets have display racks exclusive for men’s products.

Body care, body lotion products are sold mostly online.

45% customers buy online.

Page 14: Male Grooming Category Review - Vietnam

Competitor profile

Page 15: Male Grooming Category Review - Vietnam

On category

Hair care

Shower

Skin

Deodorant

Shaving

Facials

Imported Products

Off category

Female Products

Unisex ∞

Page 16: Male Grooming Category Review - Vietnam

Recommendation

Page 17: Male Grooming Category Review - Vietnam

Although Vietnamese men haven’t had the habit of

taking care of their skin but this is changing rapidly.

Many competitors in range of basic products but very

few of them are brand exclusively for men.

Very potential market, we recommend companies to:

1. Found a new brand which is exclusively for men

2. Extend a brand that has appropriate features for the extension

Page 18: Male Grooming Category Review - Vietnam

Thank you for your attention!