The Electric Shavers Market is Predict to reach USD 14.1 Billion by 2030, at a CAGR of 6%

05-Feb-2024 | Report Format: Electronic (PDF)

Electric Shavers Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Electric Shavers Market size is expected to reach $14.1 billion by 2030, rising at a market growth of 6.0% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,36,543.4 thousand units, experiencing a growth of 5.8% (2019-2022).

The Female segment is registering a CAGR of 6.9% during (2023 - 2030). Electric shavers provide a fast and efficient way to remove unwanted hair. This is especially convenient for women with busy schedules who may not have the time for more elaborate hair removal methods. These are often compact and portable, making them suitable for travel. Women can easily bring them for on-the-go grooming or use them during vacations. Some women use this such as peach fuzz or upper lip hair for facial hair removal. The precision and gentleness of this can be advantageous for this purpose.

The Trimmers / Clippers segment is leading the Global Electric Shavers Market by Product Type in 2022; thereby, achieving a market value of $6.3 billion by 2030. Electric trimmers and clippers provide efficient and quick grooming solutions. Their high-speed cutting mechanisms allow users to achieve the desired look in a fraction of the time compared to manual methods. Electric trimmers and clippers are generally easy to use, making them accessible for professional barbers and individuals who prefer grooming at home. The learning curve for operating these devices is often minimal. Electric trimmers and clippers are generally easy to clean, often with detachable and washable blades. Regular maintenance ensures optimal performance.

The Health & Beauty Stores segment is anticipating a CAGR of 6.6% during (2023 - 2030). Major health and beauty retail chains, such as Sephora, Ulta Beauty, or Boots (in the UK), often carry a selection of this. These stores provide an in-person shopping experience, allowing customers to explore and compare different models. Many health and beauty retailers have online platforms where customers can browse and purchase electric shavers. Online shopping gives the convenience of home delivery and the ability to read consumer reviews before purchasing.

Full Report: https://www.kbvresearch.com/electric-shavers-market/

The Europe region dominated the Global Electric Shavers Market by Region in 2022; thereby, achieving a market value of $4.8 billion by 2030. The Asia Pacific region is experiencing a CAGR of 6.5% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 5.6% during (2023 - 2030).

List of Key Companies Profiled

  • Conair LLC (American Securities LLC)
  • Koninklijke Philips N.V.
  • The Procter & Gamble Company
  • Panasonic Corporation
  • Spectrum Brands Holdings, Inc.
  • Havells India Ltd.
  • Wahl Clipper Corporation
  • Xiaomi Corporation
  • Sakar International, Inc.
  • Helen of Troy Limited

Electric Shavers Market Report Segmentation

By End User (Volume, Thousand Units, USD Billion, 2019-2030)

  • Male
  • Female

By Product Type (Volume, Thousand Units, USD Billion, 2019-2030)

  • Trimmers / Clippers
  • Foil Shavers
  • Rotary Shavers

By Distribution Channel (Volume, Thousand Units, USD Billion, 2019-2030)

  • Supermarkets & Hypermarkets
  • Health & Beauty Stores
  • Online
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

SPECIAL PRICING & DISCOUNTS


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities
HAVE A QUESTION?

HAVE A QUESTION?

Call: +1(646) 600-5072

SPECIAL PRICING & DISCOUNTS


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities
HAVE A QUESTION?

HAVE A QUESTION?

Call: +1(646) 600-5072

Unique Offerings Unique Offerings


  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Support with 10% customization free after sale