Electric Shavers Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Foil Shaver, Rotary Shaver, Wet/Dry Shaver, Others), By Distribution Channel (Online, Offline), By Region, By Competition 2018-2028

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Summary

Report Description

 

Forecast Period

2024-2028

Market Size (2022)

USD 6.38 Billion

CAGR (2023-2028)

3.7%

Fastest Growing Segment

Online

Largest Market

Asia Pacific

 

Market Overview

The Global Electric Shavers Market has valued at USD 6.38 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 3.7% through 2028. The global Electric Shavers Market has witnessed substantial growth in recent years, driven by a rising awareness of the importance of personal comfort in various climates and increased demand for portable cooling solutions. As temperatures around the world continue to soar due to climate change, there is a growing need for innovative and convenient cooling devices that individuals can use on the go. The market has responded with a diverse range of products, including wearable fans, cooling vests, and portable air conditioners, catering to different preferences and needs. Technological advancements have played a crucial role in the evolution of these devices, with manufacturers incorporating features such as rechargeable batteries, adjustable airflow settings, and lightweight designs to enhance user convenience. Additionally, the increasing adoption of personal cooling devices in outdoor activities, sports, and workplaces has further fueled market expansion.

The Asia-Pacific region has emerged as a significant player in the global Electric Shavers Market, with countries like China, Japan, and India contributing significantly to the industry's growth. The region's hot and humid climates, coupled with a large population, create a robust market demand for cooling solutions. North America and Europe also remain key markets, driven by a combination of climate variability and a consumer base that values comfort and convenience. As the market continues to mature, collaborations between technology companies and fashion brands, as well as an emphasis on sustainable and eco-friendly cooling solutions, are expected to shape the future landscape of the global Electric Shavers Market.

Market Drivers

Technological Advancements and Innovation

The electric shavers market is heavily influenced by continuous technological advancements and innovations. Manufacturers are investing in research and development to introduce cutting-edge features that enhance the performance, efficiency, and user experience of electric shavers. One notable trend is the integration of precision sensors and smart technologies into electric shavers. This includes features such as Bluetooth connectivity, mobile app compatibility, and automatic adjustment settings based on the user's skin type and hair thickness. Advanced cutting elements, ergonomic designs, and self-cleaning functionalities are also becoming increasingly common, appealing to consumers seeking convenience and a superior grooming experience. Technological innovations not only differentiate products in a competitive market but also drive consumer interest and adoption, contributing significantly to market growth.

Changing Consumer Preferences and Grooming Habits

The global electric shavers market is responding to shifts in consumer preferences and grooming habits. As lifestyles become busier and the demand for time-saving solutions rises, electric shavers provide a convenient and efficient alternative to traditional razors. Consumers are increasingly valuing the ease of use, quick results, and versatility offered by electric shavers, which can be used for both dry and wet shaving. Additionally, changing societal norms regarding personal grooming and appearance contribute to the growing acceptance and adoption of electric shavers. The desire for well-groomed facial hair, coupled with the influence of grooming trends in popular culture, has led to an expanding market for electric shavers among men and, increasingly, women. Manufacturers are adapting their product offerings to meet these evolving preferences, contributing to the sustained growth of the market.

Environmental Awareness and Sustainability

The global focus on environmental sustainability has a discernible impact on the electric shavers market. With increasing awareness of the environmental impact of disposable razors and the associated waste generated by traditional shaving methods, consumers are seeking eco-friendly alternatives. Electric shavers, particularly rechargeable models, are positioned as a more sustainable option as they eliminate the need for disposable razors and reduce overall waste. Manufacturers are responding to this trend by incorporating eco-friendly materials, improving energy efficiency, and designing products with longer lifespans. The emphasis on sustainability not only aligns with consumer values but also presents a market opportunity for manufacturers to differentiate their products and appeal to an environmentally conscious customer base.

Rise of E-Commerce Channels

The growing prevalence of e-commerce channels has significantly influenced the distribution and sales of electric shavers. Online platforms offer consumers a convenient and extensive range of product options, enabling them to compare features, read reviews, and make informed purchasing decisions. E-commerce provides manufacturers with a global reach, allowing them to tap into diverse markets and demographics. Additionally, the ease of online transactions and the availability of discounts and promotions contribute to the increasing adoption of electric shavers through e-commerce channels. As a result, manufacturers are strategically leveraging digital platforms to enhance their market presence, engage with consumers directly, and streamline distribution networks. The rise of e-commerce has not only expanded the market's geographical reach but has also facilitated the accessibility of electric shavers to a broader consumer base.

Increasing Disposable Income and Urbanization

Economic factors, such as rising disposable income and urbanization, play a pivotal role in the growth of the electric shavers market. As disposable incomes increase, consumers are more willing to invest in premium grooming products that offer advanced features and superior performance. Urbanization is associated with a fast-paced lifestyle, leading to time constraints and a demand for efficient grooming solutions. Electric shavers align with the needs of urban consumers by providing a quick and hassle-free grooming experience. Moreover, the urban demographic tends to be more receptive to technological innovations, further driving the adoption of advanced electric shavers. As economies develop and urban populations continue to grow, the market for electric shavers is likely to expand, driven by the increased purchasing power and evolving preferences of urban consumers.

In conclusion, the global electric shavers market is influenced by a dynamic interplay of technological innovation, changing consumer behaviors, environmental considerations, e-commerce trends, and economic factors. Manufacturers in this market must navigate these drivers strategically to stay competitive, meet evolving consumer demands, and capitalize on emerging opportunities. As the market continues to evolve, the intersection of these drivers will shape the future landscape of the electric shavers industry, with a focus on sustainability, convenience, and technological sophistication.



 

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Key Market Challenges

Intense Market Competition and Saturation

The electric shavers market is characterized by intense competition among key players and a myriad of emerging brands. The market has witnessed saturation with numerous products offering similar features, making it challenging for manufacturers to differentiate their offerings. Consumers are presented with a wide array of choices, ranging from entry-level to premium electric shavers, creating a competitive landscape where brand recognition and product innovation are crucial for success. Manufacturers face the constant pressure to develop unique selling propositions, whether through advanced technology, design aesthetics, or sustainability features, to stand out in a crowded market. As a result, maintaining market share and profit margins becomes a considerable challenge, necessitating continuous innovation and strategic marketing efforts.

Consumer Price Sensitivity

Despite the demand for advanced features and cutting-edge technology, consumers remain price-sensitive when it comes to purchasing electric shavers. The market includes a diverse consumer base with varying budget constraints, and the challenge lies in striking the right balance between affordability and product quality. While some consumers are willing to invest in high-end electric shavers with premium features, a significant portion of the market seeks cost-effective solutions. Manufacturers must navigate the challenge of offering a range of products that cater to different budget segments without compromising on quality. Additionally, the pressure to reduce costs while maintaining quality to meet consumer expectations further adds complexity to the pricing strategy, influencing profit margins and market penetration.

Technological Obsolescence and Rapid Innovations

The electric shavers market is marked by the rapid pace of technological advancements. While innovation is a driving force for market growth, it also presents challenges related to the potential obsolescence of existing products. Consumers are quick to adopt the latest technologies, and this demand for innovation puts pressure on manufacturers to continuously update their product offerings. The challenge lies in predicting and adapting to evolving consumer preferences and technological trends. Manufacturers must invest significantly in research and development to stay ahead of the competition, but there is always a risk of products becoming outdated or losing relevance in a short period. Balancing the integration of new technologies with maintaining a reasonable product lifecycle poses a challenge for manufacturers seeking sustained market success.

Global Economic Uncertainties

The electric shavers market is sensitive to global economic conditions, and uncertainties such as economic downturns, currency fluctuations, and geopolitical events can impact consumer spending patterns. During economic uncertainties, consumers may cut back on non-essential purchases, affecting the demand for electric shavers. Additionally, fluctuating exchange rates can impact manufacturing costs and pricing strategies for international markets. Manufacturers must navigate these economic challenges by adapting their marketing strategies, offering competitive pricing, and diversifying their product portfolios to cater to varying consumer needs in different economic climates. The ability to navigate economic uncertainties becomes crucial for long-term sustainability in the global electric shavers market.

Environmental Concerns and Product Sustainability

While sustainability presents an opportunity for the electric shavers market, it also poses challenges. The industry is facing increasing scrutiny regarding the environmental impact of manufacturing processes, product packaging, and the disposal of electric shavers at the end of their lifecycle. Consumers are becoming more conscious of the environmental footprint of the products they purchase, and this awareness influences purchasing decisions. Manufacturers are challenged to adopt sustainable practices throughout the product life cycle, from sourcing materials to manufacturing and end-of-life disposal. Developing eco-friendly packaging, using recyclable materials, and designing products with longer lifespans are becoming essential considerations. Balancing sustainability with the demand for innovative features and cost-effectiveness requires strategic planning and investments in sustainable practices, adding a layer of complexity to product development and manufacturing processes.

In conclusion, the global electric shavers market faces several challenges that require careful navigation by manufacturers. From intense competition and pricing pressures to the rapid pace of technological innovations and environmental considerations, addressing these challenges is essential for long-term success. Manufacturers that can effectively balance innovation, affordability, and sustainability while adapting to economic uncertainties are better positioned to thrive in this dynamic market.

Key Market Trends

Rise of Smart Electric Shavers

A significant trend in the electric shavers market is the integration of smart technologies into grooming devices. Smart electric shavers are equipped with features such as Bluetooth connectivity, mobile app compatibility, and sensors that provide real-time feedback during the shaving process. These devices can be connected to smartphone apps, allowing users to customize settings, track their shaving routines, and receive maintenance notifications. The smart technology trend caters to tech-savvy consumers who seek personalized and connected experiences in their grooming routine. Manufacturers are investing in developing intuitive and user-friendly apps that enhance the overall shaving experience, positioning smart electric shavers as premium and cutting-edge products in the market.

Focus on Sustainability and Eco-Friendly Practices

Environmental consciousness is influencing consumer preferences, and the electric shavers market is responding with a focus on sustainability. Manufacturers are increasingly incorporating eco-friendly materials in product design, reducing packaging waste, and implementing energy-efficient technologies. Rechargeable electric shavers have gained popularity as a more sustainable alternative to disposable razors, aligning with the growing trend of reducing single-use plastics. Some brands are also exploring the use of recycled materials in their products, emphasizing their commitment to environmental responsibility. The sustainability trend not only appeals to environmentally conscious consumers but also reflects the industry's recognition of the importance of adopting eco-friendly practices to remain competitive in a socially conscious market.

Growth in Women's Electric Shavers Market

Traditionally dominated by men's grooming products, the electric shavers market has witnessed a significant growth in the women's segment. The demand for women's electric shavers has surged as more women opt for the convenience and efficiency of electric shaving over traditional methods. Manufacturers are responding to this trend by designing electric shavers specifically tailored to women's grooming needs. These devices often feature ergonomic designs, specialized shaving heads, and additional functionalities suitable for different areas of the body. The expansion into the women's electric shavers market represents an opportunity for manufacturers to diversify their product portfolios and tap into a previously underserved consumer segment.

Innovations in Blade Technology and Cutting Elements

Innovations in blade technology and cutting elements are driving product differentiation in the electric shavers market. Manufacturers are focused on developing advanced cutting systems that provide a closer and more comfortable shave. Multi-directional and flexible shaving heads, as well as precision blades, are becoming standard features in high-end electric shavers. Some models incorporate cutting-edge materials and coatings to enhance durability and sharpness, prolonging the lifespan of the blades. The emphasis on improving the performance and efficiency of cutting elements addresses consumer expectations for a superior shaving experience and sets the stage for continuous innovation in the electric shavers market.

Personalization and Customization Features

Recognizing the diverse needs of consumers, manufacturers are incorporating personalization and customization features into electric shavers. Adjustable settings for shaving intensity, length, and sensitivity are becoming more common, allowing users to tailor their grooming experience to match their preferences. Some electric shavers also come with memory functions that remember individual settings, providing a consistent and personalized shaving experience with each use. This trend reflects a consumer demand for products that adapt to individual preferences and contribute to a more personalized grooming routine. Manufacturers are leveraging advanced technologies to enable these customization features, providing a competitive edge in the market.

In conclusion, the global electric shavers market is characterized by dynamic trends that reflect the evolving preferences and expectations of consumers. From the integration of smart technologies and sustainability initiatives to the growth of the women's electric shavers segment and innovations in blade technology, these trends collectively shape the trajectory of the market. Manufacturers that embrace these trends and proactively respond to consumer demands are well-positioned to capitalize on the evolving landscape of the electric shavers industry.

Segmental Insights

Product Type Insights

The global electric shavers market is experiencing a notable surge in the demand for foil shavers, reflecting a shift in consumer preferences and grooming habits. Foil shavers are characterized by a thin, perforated foil covering the cutting blades, which glide smoothly over the skin, providing a close and precise shave. This type of electric shaver is gaining popularity among users who prioritize a clean and sharp shaving experience. Foil shavers are particularly well-suited for individuals with sensitive skin, as the foil design minimizes direct contact between the blades and the skin, reducing the likelihood of irritation. The rising demand for foil shavers is also attributed to their effectiveness in capturing and cutting longer hairs efficiently, making them a preferred choice for users who may not shave daily.

Manufacturers in the global electric shavers market are responding to this trend by introducing innovative features and enhancements in foil shaver designs. Advanced foil technologies, such as multi-dimensional cutting elements and flexible foils that adapt to facial contours, contribute to an improved and tailored shaving experience. As consumers increasingly seek personalized grooming solutions, the rising demand for foil shavers underscores the importance of product diversity in the electric shavers market, with manufacturers strategically catering to the specific needs and preferences of users seeking the benefits offered by foil shaver technology.

Distribution Channel Insights

The global electric shavers market is witnessing a substantial uptick in demand through online sales channels, marking a significant shift in consumer purchasing behavior. The convenience and accessibility of online platforms have become increasingly appealing to consumers seeking electric shavers, leading to a surge in sales through e-commerce channels. Online sales provide a vast array of product options, enabling consumers to compare features, read reviews, and make well-informed decisions from the comfort of their homes. The rise of online sales is driven by factors such as the ease of browsing, availability of discounts and promotions, and the ability to explore a diverse range of electric shavers from various brands, all contributing to a seamless and efficient shopping experience.

Manufacturers in the global electric shavers market are strategically adapting to this trend by enhancing their online presence, optimizing product listings, and leveraging digital marketing strategies. Establishing official brand stores on popular e-commerce platforms and implementing direct-to-consumer models allow manufacturers to connect with consumers directly, fostering brand loyalty. The growing demand from online sales channels not only reflects the changing retail landscape but also underscores the importance of a robust online strategy for manufacturers looking to capitalize on the evolving preferences of consumers who increasingly prefer the convenience and accessibility offered by digital platforms.

 


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Regional Insights

The Asia Pacific region is emerging as a key driver of the rising demand in the global electric shavers market. This surge is attributed to various factors, including the region's growing population, increasing urbanization, and rising disposable incomes. As economies in Asia Pacific continue to develop, there is a corresponding shift in consumer preferences towards more sophisticated grooming solutions, with electric shavers gaining popularity among both men and women. The cultural significance of personal grooming, combined with a tech-savvy consumer base, has contributed to the expanding market for electric shavers in the region.

Manufacturers in the global electric shavers market are strategically targeting the Asia Pacific market by tailoring their products to meet the specific needs and preferences of the diverse consumer base in the region. Additionally, the proliferation of e-commerce platforms in Asia Pacific has facilitated the accessibility of electric shavers to a broader audience, allowing consumers to explore and purchase products easily. The rising demand from the Asia Pacific region underscores the importance for manufacturers to understand and cater to the unique market dynamics, cultural influences, and consumer behaviors in this diverse and rapidly growing market, presenting both challenges and opportunities for industry players.

Recent Developments

Bevel's Electric Shaver was launched in 2023. This shaver features a unique pivoting head that adapts to the contours of your face, ensuring a close, comfortable shave. It also has a built-in trimmer for styling beards and sideburns.

Panasonic's ARC 6 was launched in 2023. This shaver is an upgrade to the popular ARC 5 model. It features a new 5-blade cutting system that is designed to provide a closer shave with less irritation. It also has a longer battery life and a wet/dry design.

Key Market Players

  • Andis Co.
  • Xiaomi Corp.
  • Braun GmbH
  • Conair Corp.
  • Koninklijke Philips NV
  • Panasonic Corp.
  • The Procter and Gamble Co.
  • Shanghai Flyco Electrical Appliance Co. Ltd.
  • Wahl Clipper Corp.
  • Wenzhou Iweel Electric Co. Ltd.

 

 By Product Type

By Distribution Channel

By Region
  • Foil Shaver
  • Rotary Shaver
  • Wet/Dry Shaver
  • Others
  • Online
  • Offline

 
  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Electric Shavers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Electric Shavers Market, By Product Type:

o   Foil Shaver

o   Rotary Shaver

o   Wet/Dry Shaver

o   Others

  • Electric Shavers Market, By Distribution Channel:

o   Online

o   Offline

  • Electric Shavers Market, By Region:

o   Asia-Pacific

§  China

§  Japan

§  India

§  Vietnam

§  South Korea

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  Germany

§  Spain

§  Italy

§  United Kingdom

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Kuwait

§  Egypt

o   South America

§  Brazil

§  Argentina

§  Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Electric Shavers Market.

Available Customizations:

Global Electric Shavers Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Electric Shavers Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Factors Influencing Purchase Decision

4.2.  Sources of Information

5.    Global Electric Shavers Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Product Type Market Share Analysis (Foil Shaver, Rotary Shaver, Wet/Dry Shaver, Others)

5.2.2.    By Distribution Channel Market Share Analysis (Online, Offline)

5.2.3.    By Regional Market Share Analysis

5.2.3.1.        Asia-Pacific Market Share Analysis

5.2.3.2.        North America Market Share Analysis

5.2.3.3.        Europe Market Share Analysis

5.2.3.4.        Middle East & Africa Market Share Analysis

5.2.3.5.        South America Market Share Analysis

5.2.4.    By Top 5 Companies Market Share Analysis, Others (2022)

5.3.  Global Electric Shavers Market Mapping & Opportunity Assessment

5.3.1.    By Product Type Market Mapping & Opportunity Assessment

5.3.2.    By Distribution Channel Market Mapping & Opportunity Assessment

5.3.3.    By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Electric Shavers Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type Market Share Analysis

6.2.2.    By Distribution Channel Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.2.3.1.        China Electric Shavers Market Outlook

6.2.3.1.1.           Market Size & Forecast

6.2.3.1.1.1.               By Value

6.2.3.1.2.           Market Share & Forecast

6.2.3.1.2.1.               By Product Type Market Share Analysis

6.2.3.1.2.2.               By Distribution Channel Market Share Analysis

6.2.3.2.        Japan Electric Shavers Market Outlook

6.2.3.2.1.           Market Size & Forecast

6.2.3.2.1.1.               By Value

6.2.3.2.2.           Market Share & Forecast

6.2.3.2.2.1.               By Product Type Market Share Analysis

6.2.3.2.2.2.               By Distribution Channel Market Share Analysis

6.2.3.3.        India Electric Shavers Market Outlook

6.2.3.3.1.           Market Size & Forecast

6.2.3.3.1.1.               By Value

6.2.3.3.2.           Market Share & Forecast

6.2.3.3.2.1.               By Product Type Market Share Analysis

6.2.3.3.2.2.               By Distribution Channel Market Share Analysis

6.2.3.4.        Vietnam Electric Shavers Market Outlook

6.2.3.4.1.           Market Size & Forecast

6.2.3.4.1.1.               By Value

6.2.3.4.2.           Market Share & Forecast

6.2.3.4.2.1.               By Product Type Market Share Analysis

6.2.3.4.2.2.               By Distribution Channel Market Share Analysis

6.2.3.5.        South Korea Electric Shavers Market Outlook

6.2.3.5.1.           Market Size & Forecast

6.2.3.5.1.1.               By Value

6.2.3.5.2.           Market Share & Forecast

6.2.3.5.2.1.               By Product Type Market Share Analysis

6.2.3.5.2.2.               By Distribution Channel Market Share Analysis

7.    North America Electric Shavers Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type Market Share Analysis

7.2.2.    By Distribution Channel Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.2.3.1.        United States Electric Shavers Market Outlook

7.2.3.1.1.           Market Size & Forecast

7.2.3.1.1.1.               By Value

7.2.3.1.2.           Market Share & Forecast

7.2.3.1.2.1.               By Product Type Market Share Analysis

7.2.3.1.2.2.               By Distribution Channel Market Share Analysis

7.2.3.2.        Canada Electric Shavers Market Outlook

7.2.3.2.1.           Market Size & Forecast

7.2.3.2.1.1.               By Value

7.2.3.2.2.           Market Share & Forecast

7.2.3.2.2.1.               By Product Type Market Share Analysis

7.2.3.2.2.2.               By Distribution Channel Market Share Analysis

7.2.3.3.        Mexico Electric Shavers Market Outlook

7.2.3.3.1.           Market Size & Forecast

7.2.3.3.1.1.               By Value

7.2.3.3.2.           Market Share & Forecast

7.2.3.3.2.1.               By Product Type Market Share Analysis

7.2.3.3.2.2.               By Distribution Channel Market Share Analysis

8.    Europe Electric Shavers Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type Market Share Analysis

8.2.2.    By Distribution Channel Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.2.3.1.        France Electric Shavers Market Outlook

8.2.3.1.1.           Market Size & Forecast

8.2.3.1.1.1.               By Value

8.2.3.1.2.           Market Share & Forecast

8.2.3.1.2.1.               By Product Type Market Share Analysis

8.2.3.1.2.2.               By Distribution Channel Market Share Analysis

8.2.3.2.        Germany Electric Shavers Market Outlook

8.2.3.2.1.           Market Size & Forecast

8.2.3.2.1.1.               By Value

8.2.3.2.2.           Market Share & Forecast

8.2.3.2.2.1.               By Product Type Market Share Analysis

8.2.3.2.2.2.               By Distribution Channel Market Share Analysis

8.2.3.3.        Spain Electric Shavers Market Outlook

8.2.3.3.1.           Market Size & Forecast

8.2.3.3.1.1.               By Value

8.2.3.3.2.           Market Share & Forecast

8.2.3.3.2.1.               By Product Type Market Share Analysis

8.2.3.3.2.2.               By Distribution Channel Market Share Analysis

8.2.3.4.        Italy Electric Shavers Market Outlook

8.2.3.4.1.           Market Size & Forecast

8.2.3.4.1.1.               By Value

8.2.3.4.2.           Market Share & Forecast

8.2.3.4.2.1.               By Product Type Market Share Analysis

8.2.3.4.2.2.               By Distribution Channel Market Share Analysis

8.2.3.5.        United Kingdom Electric Shavers Market Outlook

8.2.3.5.1.           Market Size & Forecast

8.2.3.5.1.1.               By Value

8.2.3.5.2.           Market Share & Forecast

8.2.3.5.2.1.               By Product Type Market Share Analysis

8.2.3.5.2.2.               By Distribution Channel Market Share Analysis

9.    Middle East & Africa Electric Shavers Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type Market Share Analysis

9.2.2.    By Distribution Channel Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.2.3.1.        South Africa Electric Shavers Market Outlook

9.2.3.1.1.           Market Size & Forecast

9.2.3.1.1.1.               By Value

9.2.3.1.2.           Market Share & Forecast

9.2.3.1.2.1.               By Product Type Market Share Analysis

9.2.3.1.2.2.               By Distribution Channel Market Share Analysis

9.2.3.2.        Saudi Arabia Electric Shavers Market Outlook

9.2.3.2.1.           Market Size & Forecast

9.2.3.2.1.1.               By Value

9.2.3.2.2.           Market Share & Forecast

9.2.3.2.2.1.               By Product Type Market Share Analysis

9.2.3.2.2.2.               By Distribution Channel Market Share Analysis

9.2.3.3.        UAE Electric Shavers Market Outlook

9.2.3.3.1.           Market Size & Forecast

9.2.3.3.1.1.               By Value

9.2.3.3.2.           Market Share & Forecast

9.2.3.3.2.1.               By Product Type Market Share Analysis

9.2.3.3.2.2.               By Distribution Channel Market Share Analysis

9.2.3.4.        Turkey Electric Shavers Market Outlook

9.2.3.4.1.           Market Size & Forecast

9.2.3.4.1.1.               By Value

9.2.3.4.2.           Market Share & Forecast

9.2.3.4.2.1.               By Product Type Market Share Analysis

9.2.3.4.2.2.               By Distribution Channel Market Share Analysis

9.2.3.5.        Kuwait Electric Shavers Market Outlook

9.2.3.5.1.           Market Size & Forecast

9.2.3.5.1.1.               By Value

9.2.3.5.2.           Market Share & Forecast

9.2.3.5.2.1.               By Product Type Market Share Analysis

9.2.3.5.2.2.               By Distribution Channel Market Share Analysis

9.2.3.6.        Egypt Electric Shavers Market Outlook

9.2.3.6.1.           Market Size & Forecast

9.2.3.6.1.1.               By Value

9.2.3.6.2.           Market Share & Forecast

9.2.3.6.2.1.               By Product Type Market Share Analysis

9.2.3.6.2.2.               By Distribution Channel Market Share Analysis

10. South America Electric Shavers Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Product Type Market Share Analysis

10.2.2. By Distribution Channel Market Share Analysis

10.2.3. By Country Market Share Analysis

10.2.3.1.     Brazil Electric Shavers Market Outlook

10.2.3.1.1.         Market Size & Forecast

10.2.3.1.1.1.            By Value

10.2.3.1.2.         Market Share & Forecast

10.2.3.1.2.1.            By Product Type Market Share Analysis

10.2.3.1.2.2.            By Distribution Channel Market Share Analysis

10.2.3.2.     Argentina Electric Shavers Market Outlook

10.2.3.2.1.         Market Size & Forecast

10.2.3.2.1.1.            By Value

10.2.3.2.2.         Market Share & Forecast

10.2.3.2.2.1.            By Product Type Market Share Analysis

10.2.3.2.2.2.            By Distribution Channel Market Share Analysis

10.2.3.3.     Colombia Electric Shavers Market Outlook

10.2.3.3.1.         Market Size & Forecast

10.2.3.3.1.1.            By Value

10.2.3.3.2.         Market Share & Forecast

10.2.3.3.2.1.            By Product Type Market Share Analysis

10.2.3.3.2.2.            By Distribution Channel Market Share Analysis

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Impact of COVID-19 on Global Electric Shavers Market

12.1.             Impact Assessment Model   

12.1.1. Key Segments Impacted

12.1.2. Key Regions Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1.             Company Profiles

14.1.1. Andis Co.

14.1.1.1.     Company Details

14.1.1.2.     Products

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. Xiaomi Corp.

14.1.2.1.     Company Details

14.1.2.2.     Products

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. Braun GmbH

14.1.3.1.     Company Details

14.1.3.2.     Products

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Koninklijke Philips NV

14.1.4.1.     Company Details

14.1.4.2.     Products

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. Panasonic Corp.

14.1.5.1.     Company Details

14.1.5.2.     Products

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. The Procter and Gamble Co.

14.1.6.1.     Company Details

14.1.6.2.     Products

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. Shanghai Flyco Electrical Appliance Co. Ltd.

14.1.7.1.     Company Details

14.1.7.2.     Products

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. Conair Corp.

14.1.8.1.     Company Details

14.1.8.2.     Products

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. Wahl Clipper Corp.

14.1.9.1.     Company Details

14.1.9.2.     Products

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.              Wenzhou Iweel Electric Co. Ltd.

14.1.10.1.  Company Details

14.1.10.2.  Products

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1.             Key Focus Areas

15.2.             Target Product Type

15.3.             Target Distribution Channel

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Electric Shavers Market was estimated to be USD 6.38 Billion in 2022.

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The major drivers for the Global Electric Shavers Market include technological advancements leading to enhanced features and performance, changing consumer preferences favoring convenience and efficiency, a growing emphasis on sustainability, the rise of e-commerce channels for widespread product accessibility, and increasing disposable income and urbanization driving demand for premium grooming solutions.

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Major trends in the Global Electric Shavers Market include the rise of smart electric shavers with Bluetooth connectivity and app integration, a focus on sustainability with eco-friendly practices, significant growth in the women's electric shavers segment, continuous innovations in blade technology, and the incorporation of personalization and customization features to meet diverse consumer preferences.

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Major challenges for the Global Electric Shavers Market include intense competition and market saturation, consumer price sensitivity affecting profit margins, the risk of technological obsolescence with rapid innovations, susceptibility to global economic uncertainties impacting consumer spending, and the need to address environmental concerns and implement sustainable practices throughout the product life cycle.

Related Reports

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Parvati Sharma

Account Manager BD
Press Release

Electric Shavers Market to Grow with a CAGR of 3.7% Globally through 2028

Nov, 2023

Shift in consumer preferences and grooming habits and technological advancements in products are driving the Global Electric Shavers Market in the forecast period 2024-2028

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