Global Electric Shavers Market, By Product (Oil Shaver, Wet/Dry Shaver, Clippers, A Rotary Shaver, Accessories), Type (Rechargeable Shaver, Battery Type Shaver), End- User (Male, Female), Distribution Channel (Health & Beauty Stores, General Merchandising/Mass Stores, Supermarkets & Hypermarkets, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Electric Shavers Market
The electric shavers market is expected to witness market growth at a rate of 3.2% in the forecast period of 2021 to 2028. Data Bridge Market Research report on electric shavers market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the beauty consciousness among population is escalating the growth of electric shavers market.
Electric shaver or electric razor refers to the device which is highly utilized for shaving. These devices possess oscillating and rotating blade. They are used for removing unrequired hair from the body and they do not require any kind of soap, water or shaving foam for shaving or trimming. They are mainly available in rechargeable and battery type that may be rotatory or foil.
The increase in the preference towards personal care and grooming across the globe acts as one of the major factors driving the growth of electric shavers market. The rise in the demand of electric shavers from salons and parlor and increase in the adoption of electric shavers or electric razors as they help in saving cost of maintenance of hair and beard and they are easy to use accelerate the market growth. The availability of various kinds of electric shavers in accordance to numerous requirements of the consumers and lucrative offers provided by the manufacturers’ further influence the market. Additionally, increase in disposable income, smart strategic marketing activities and change in lifestyle positively affect the electric shavers market. Furthermore, product innovations and launch extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the electric shavers is expected to obstruct the market growth. Availability of non-electrical counterparts of this product is projected to challenge the electric shavers market in the forecast period of 2021-2028.
This electric shavers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on electric shavers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Electric Shavers Market Scope and Market Size
The electric shavers market is segmented on the basis of product, type, end user and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the electric shavers market is segmented into oil shaver, wet/dry shaver, clippers, a rotary shaver and accessories.
- On the basis of type, the electric shavers market is segmented into rechargeable shaver and battery type shaver.
- On the basis of end user, the electric shavers market is segmented into male and female.
- On the basis of distribution channel, the electric shavers market is segmented into health & beauty stores, general merchandising/mass stores, supermarkets & hypermarkets and others.
Global Electric Shavers Market Country Level Analysis
The electric shavers market is analyzed and market size, volume information is provided by country, product, type, end user and distribution channel as referenced above.
The countries covered in the global electric shavers market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the electric shavers market because of the higher adoption rate of electric shavers and presence of large grooming sector within the region. Asia-Pacific is expected to witness the fastest growth during the forecast period of 2021 to 2028 because of the urbanization and economic development in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Electric Shavers Market Share Analysis
The electric shavers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to electric shavers market.
The major players covered in the electric shavers market reports are Conair Corporation, Koninklijke Philips N.V., Procter & Gamble, Remington Products, BaBylissPRO, Panasonic Corporation, Spectrum Brands, Inc, Wahl Clipper Corporation, Havells India Ltd., Helen of Troy., Clean Shave, BIC, MANGROOMER, Andis Company., Perfect Life Ideas, and Jay's Products, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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