Please find below Pertinent Marketing Facts pertaining to the "Felt Tip Dispense Comb."
The Felt Tip Dispense Comb is usable with every popular product line.
Moisturizers, beard oils, and lotions have long been a staple for people who value maintaining healthy skin. This enduring demand is reflected in the booming cosmetics industry, where skincare products consistently top shopping lists.
After a temporary decline in 2020, the cosmetic market surged in 2021. And in 2023, sales skyrocketed, reaching a record $22.9 billion - and they show no signs of slowing down.
One consumer study found that since 2021, “87 percent of consumers have been spending more on skincare products” than they had pre-pandemic. The trend is particularly notable among male consumers.
Additionally, the market for skincare moisturizers in the U.S. has grown 35.5% since 2020 and is expected to rise another 33.6% by 2030.
The Felt Tip Dispense Comb aligns perfectly with this high-sales, high-growth product category, offering your company a chance to further capitalize on this booming market.
The Felt Tip Dispense Comb can particularly assist one large and growing consumer group.
Beards and moustaches are more popular than ever, with 55% of adult men aged 18 to 65 - nearly 50 million people in the U.S. - sporting facial hair.
These consumers are heavily invested in maintaining their appearance, fueling a global market for beard care products such as lotions, oils, and shampoos that reached $2.38 billion in the last reported year.
Industry analysts project this market to more than double, growing 110% to $4.99 billion by 2030, driven by this rising popularity of facial hair.
The Felt Tip Dispense Comb provides an innovative solution that helps men fully clean and moisturize the skin beneath their beards; this is where traditional products often fall short.
By addressing a clear need in this thriving market, the Felt Tip Dispense Comb offers a unique opportunity to capture the attention of this high-spending, rapidly growing consumer base. This is a licensing opportunity.
The Felt Tip Dispense Comb can also be used with topical medications.
Over-the-counter topical medications have experienced steady growth, with U.S. retail sales of pain-relieving ointments and creams reaching $2.96 billion in 2023.
Analysts project even stronger growth ahead, with a CAGR of 4.67% through 2033, when annual sales are expected to hit $4.5 billion. These products are increasingly popular due to their faster, safer, and more effective relief compared to oral medications.
Additionally, once seen as a product for seniors, topical meds are gaining broader appeal. High-profile endorsements from pro athletes, who use them to treat pain with fewer side effects, have made these treatments more socially acceptable across diverse age groups
The Felt Tip Dispense Comb ensures proper application of these products, even through thick hair, making it a valuable accessory for this expanding market. Contact me now.
A Preliminary Marketing Report is Available upon Request.