Shavers Market | Contrive Datum Insights

The global Shavers Market size was USD 6.7321 Billion and is expected to grow at a CAGR of 6.0% between 2022 and 2030, reaching USD 11.334 billion in 2030.

Shavers Market Overview

Moreover, a booming middle-class population has greatly increased demand for a variety of consumer goods that were previously considered luxuries. The rising standard of living has encouraged the use of high-quality shavers, especially electric shavers. Additionally, the long-term cost savings associated with these accessories is a major driver for their use.
Also, since shavers are associated with glamor, celebrity endorsements are an important promotional technique in this space. Celebrity endorsements in the shaving industry have grown significantly over the past few years as companies organize promotional campaigns with famous athletes and movie stars.
In addition, participants are constantly finding new ways to reduce operating costs while increasing output in response to rising production costs. Existing businesses examine their chain of operations from an output and input perspective. In light of this, developing new strategic alliances with key players or suppliers to reach higher levels of efficiency is critical for players to reduce operating costs.

The Shavers Market has been recently published by Contrive Datum Insights to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global Shavers market.

Some of the key players profiled in the study are:

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Cisco Systems, Blackberry, Sony, Adobe Systems, Avaya, Ericsson LG, Huawei Technologies, Panasonic, Polycom, Lifesize Communications, Microsoft Corporation, Intercall (West Corporation), Polycom, VGo Communications, ZTE Corporation, Philips., and others.

Industry Development:

• On June 27, 2022, Panasonic launched a 5-in-1 electric men's grooming gadget that combines a beard trimmer, body groomer, electric shaver, nose hair trimmer, and electric toothbrush.
• In July 2019, Philips, a prominent electronics manufacturer, announced the launch of Philips OneBlade, a new product that combines three functions such as styling, trimming, and shaving in one hybrid tool, to set a milestone in the male grooming industry in India.

What are the major Applications, Types, and Regions for the Shavers Market?

By Shaving Type

• Reciprocating Type Electric Shavers
• Rotary Type Electric Shavers

By Shaver Head Number

• Single Head
• Double Heads
• Three Heads
• Others

By Power Type

• Rechargeable
• Dry Battery

On the Basis of Application:

• Exclusive Shop
• Supermarket
• Online Sales

Shaver's Market Regional Insights:

APAC held the largest share of over 40% in 2021 due to rising living standards and incomes. This is reflected in the rapidly growing demand for luxury grooming accessories, including electric shavers. Shaver’s sales increased essentially due to rapid population growth in the Asia Pacific region, mainly attributed to China and India.

In 2021, the United States had a larger shaver’s market size in North America due to its sizable population and high urbanization. In addition, organized retail stores and easy access to trusted internet retailers have made it easier for citizens to purchase household appliances. Shavers sales also increased as a result of internet promotions and beauty product discounts and deals. Before purchasing these hair removal products, a common practice is to compare and evaluate product cost and features on online retail portals. Therefore, shavers use will increase across the United States as a result of improved digital infrastructure.
In Europe, the shavers market is expanding due to the sophistication of shaver’s products and increasing demand. The largest market for these accessories in Europe is the UK. Customers strongly demand customization of their shaving products, so players strive to customize their products to increase revenue.

Geographically, the global Shavers market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, Middle East, and India. The global region is dominating this market in the upcoming future.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Shavers Market Report Scope:

Frequently Asked Questions (FAQ) about the Shavers market:

What is the CAGR of the global Shavers market?

The Shavers Market is growing at a CAGR of 6% during the forecast period.

Which region would offer high growth for vendors in the Shavers market?

APAC held the largest region in the Shavers market

Which Is the Most potential market segment?

By Types- Shaving Type (Reciprocating Type Electric Shavers, Rotary Type Electric Shavers), By Shaver Head Number, (Single Head, Double Heads, Three Heads, Others), By Power Type, (Rechargeable, Dry Battery)

By Applications - Exclusive Shop, Supermarket, Online Sales

Which are the top industry players in the Shavers market?

Cisco Systems, Blackberry, Sony, Adobe Systems, Avaya, Ericsson LG, Huawei Technologies, Panasonic, Polycom, Lifesize Communications, Microsoft Corporation, Intercall (West Corporation), Polycom, VGo Communications, ZTE Corporation, Philips.

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