The shavers global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Shavers Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The shavers market size has grown strongly in recent years. It will grow from $26.83 billion in 2023 to $28.83 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to grooming and personal hygiene, growth in men’s grooming products, razor blade and electric shaver demand, fashion and grooming trends, aging population.
The shavers market size is expected to see strong growth in the next few years. It will grow to $37.74 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to sustainable and eco-friendly shaver materials, women’s grooming and inclusivity, ai-powered smart shavers, body hair grooming trends, personalized and customizable shaver settings, global expansion of grooming products. Major trends in the forecast period include ai-powered skin analysis for shaver settings, shaver subscription and delivery services, 3d-printed and recyclable shaver materials, shavers with uv sterilization and disinfection, waterproof and shower-safe shavers, sustainable packaging and refilling options.
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Scope Of Shavers Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Shavers Market Overview
Market Drivers –
The increasing preference for grooming products significantly contributed to the growth of the shaver’s market. Grooming products refer to the products such as hair styling, beard grooming, and related shaving products. People are investing in grooming products to improve physical appearance, gain confidence, and have a competitive edge in terms of both career and personal growth. For instance, in November 2022, Gillette, a US-based brand which manufactures shaving systems and cartridges as well as Oral B toothbrushes, reported an 8.2% increase in quarterly income from operations to 6.2 billion rupees. Therefore, increasing preference for grooming products is expected to contribute to the growth of the shavers market.
The shavers market covered in this report is segmented –
1) By Product: Electric Shavers, Non-electric Shavers
2) By Demographics: Men, Women
3) By Sales Channel: Hypermarkets or Supermarkets, Specialty Stores, Multi-brand Stores, Online Retailers, Other Sales Channels
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Regional Insights –
Asia-Pacific. was the largest region in the shavers market in 2023. The regions covered in the shavers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the shavers market include Koninklijke Philips N.V., The Procter & Gamble Company, Panasonic Corporation, Wahl Clipper Corporation, Conair Corporation, Super-Max Limited, Société Bic S.A., Havells India Limited, Spectrum Brands Holdings Inc., Edgewell Personal Care LLC, Remington Products Company L.P., Helen of Troy Limited, Harry’s Inc., The Eltron Corporation, Ningbo Kaili Electrical Appliance Co. Ltd., Philips Norelco, Braun GmbH, MANGROOMER, Andis Company, Maxam Company, Vivitar Corporation, Optimus Corporation, Emjoi Corporation, Epilady Inc., Eternal Products, GEORGE CHARALAMBIDIS LYMBERPA S.A., Ladygroomer, Perfect Life Ideas, PriTech International Inc.
Table of Contents
- Executive Summary
- Shavers Market Characteristics
- Shavers Market Trends And Strategies
- Shavers Market – Macro Economic Scenario
- Global Shavers Market Size and Growth
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- Key Mergers And Acquisitions In The Shavers Market
- Shavers Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Shavers Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Shavers Market, Segmentation By Demographics, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Shavers Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Koninklijke Philips N.V. Financial Performance
Table 75: The Procter & Gamble Company Financial Performance
Table 76: Panasonic Corporation Financial Performance
Table 77: Wahl Clipper Corporation Financial Performance
Table 78: Conair Corporation Financial Performance
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