Electric Shaver Market Size, Trends, and Insights By Product (Foil Shaver, Rotary Shaver, Wet/Dry Shaver, Clippers & Accessories), By Distribution Channel (Online, Offline), By End-user (Male, Female), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030


Report Code: CMI21745

Published Date: December 2022

Pages: 220+

Category: Beauty & Personal Care

Report Snapshot

CAGR: 3%
6B
2021
6.15B
2022
7.2B
2030

Source: CMI

Study Period: 2022-2030
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Andis Co.
  • Havells India Ltd.
  • Xiaomi Corp.
  • Braun GmbH
  • Others

Exclusive, in-depth market intelligence can help you increase your Revenue.

Download Sample Pdf

Reports Description

According to Custom Market Insights (CMI), the Global Electric Shaver Market size was estimated at USD 6 Billion in 2021 and is expected to hit around USD 7.2 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 3% from 2022 to 2030.

Electric Shaver Market (By Distribution Channel)

To learn more about this report, 

The report examines the Electric shavers market’s drivers and restraints, as well as their impact analysis. Also, the report mentions global opportunities prevailing in the Electric shavers market.

Electric Shavers Market: Overview

In the forecasted period of 2022 to 2030, the market for electric shavers is anticipated to increase at a pace of 3%. The electric shavers market report from CMI offers analysis and insights into the numerous elements that are anticipated to be present throughout the course of the forecast period, as well as their effects on the market’s expansion. The market for electric shavers is expanding at an accelerated rate due to the population’s growing aesthetic consciousness.

The term “electric razor” or “electric shaver” describes a shaving tool that is widely used. These gadgets have rotating and oscillating blades. They are used to remove unwanted body hair, and shaving or trimming doesn’t require the use of shaving cream, soap, or water.

Electric shavers Market: COVID – 19 Impact Analysis

The outbreak of the COVID-19 pandemic impacted the world economy in several ways. The surge in the number of COVID patients pushed governments worldwide to impose lockdowns and trade movements. This created supply chain disruption. The discretionary spending of consumers decreased worldwide, and a change toward a preference for safer and trustworthy products was noticed among consumers. Further, inadequate accessibility to raw materials, labor shortage, and temporary cessation of manufacturing operations impacted the market. Also, the temporary shutdown of offices and other social arrangements places resulted in decreased demands for certain electric shavers. However, the closure of beauty salons resulted in increased demand for do-it-yourself grooming products.

Electric shavers Market: Growth Drivers

Increasing demand for easy-to-use products

Electric razors are more convenient and comfortable to use, and they also give users a closer shave. Long-term cost savings are another significant benefit of using an electric shaver. Men’s grooming supplies include electric shavers. Electric shavers help professionals who regularly shave to save time and money compared to traditional shaving techniques. Shaving is a common part of many professionals’ daily routines. As fashion trends and a desire to look better among both men and women emerge, electric shavers are becoming more and more popular. In the next years, these advantages are anticipated to fuel the growth of the worldwide electric shaver market.

Electric Shaver Market (By Product)

To learn more about this report, 

An increasing number of men’s salon

The increase in the number of men’s salons is supporting the male toiletries demand across the world. Also, numerous companies are launching innovative electrical products, for instance, razors and shavers, with the addition of new performance features powered by the latest technologies. Players are expanding the product offerings from basic blades to electric shavers and body groomers, providing lucrative opportunities for global electric shavers market growth. Moreover, key market players are investing in promoting their products through the marketing campaigns, such as social media platforms.

Electric Shavers Market: Segmentation Analysis

In our research scope, the market is segmented into products, distribution channels, and end-users. The global market for electric shavers is divided into five product categories: rotary shavers, foil shavers, wet/dry shavers, clippers, and accessories. In 2021, the clippers category led the whole market in terms of both revenue and volume. The majority of the market was dominated by clippers. With the introduction of this product, its manual counterpart has been supplanted in several nations. Additionally, clippers are currently in higher demand than other market sectors due to their lower pricing compared to other types of shavers. Additionally, there is a considerable demand on the market for foil and rotary shavers.

Report Scope

Feature of the Report Details
Market Size in 2021 USD 6 Billion
Projected Market Size in 2030 USD 7.2 Billion
Market Size in 2022 USD 6.15 Billion
CAGR Growth Rate 3% CAGR
Base Year 2021
Forecast Period 2022-2030
Prominent Players Andis Co., Havells India Ltd., Xiaomi Corp., Braun GmbH, Conair Corp., Koninklijke Philips NV, Panasonic Corp., Remington, The Procter and Gamble Co., Shanghai Flyco Electrical Appliance Co. Ltd., Wahl Clipper Corp., Wenzhou Iweel Electric Co. Ltd., and Others
Key Segment By Product, Distribution Channel, End-user, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors, and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfill your requirements for research.

Key Insights:

  • As per the analysis shared by our research analyst, the Electric shavers market is estimated to grow annually at a CAGR of around 3% over the forecast period (2022-2030).
  • In terms of revenue, the Electric shavers market size was valued at around USD 6 billion in 2021 and is projected to reach USD 7.2 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • Based on product segmentation, the clippers segment was estimated to hold the maximum market share in the year 2021.
  • Based on end-users segmentation, the male segment was the leading revenue-generating category in 2021.
  • On the basis of geography/region, the Europe region was the leading revenue generator in 2021.

Recent Development

  • February 2018: Philips Norelco released a new version of the face & body electric shaver, OneBlade. It introduces perfection in the form of an electric razor with a single blade, which is in direct opposition to the multi-blade manual razor obsession. The new Philips Norelco OneBlade Face + Body hybrid electric trimmer and shaver have multiple different attachments so that your complete body is covered, unlike the older OneBlade and OneBlade Pro models, which were exclusively made for the face.

Regional Landscape

In 2021, Europe dominated the global electric shavers market. The greatest population in India is made up of millennials. The end-use preferences of today’s millennials have taken precedence, and as a result, they are gradually shifting toward high-end and technologically advanced products. A sizable portion of the millennial generation considers rural areas to be potential markets. It may be more profitable for market participants to take advantage of the growing demand for grooming goods in rural areas.

Electric Shaver Market (trends by region)

To learn more about this report, 

Due to their growing awareness of beauty, millennial consumers in India are now more eager to spend more money on grooming. Therefore, it is anticipated that millennial attitudes toward grooming will change, which will encourage an increase in the adoption of shavers in the nation during the next years.

Shaver sales in China have been increasing steadily over the past ten years. The economy of China has changed as a result of China’s vigorous expansion of its commercial capabilities and expanding consumer goods consumption. The nation produces more consumer goods than the rest of the world’s economies combined, ranking among the top producers worldwide. The market in China continues to expand significantly as a result of a decade-long rise in industrial imports, exports, production, and financial investments. Shaver sales are expected to increase because of ongoing consolidation between new companies.

Competitive Landscape

The market for electric shavers is highly fragmented. Philips Norelco, Braun GmbH, and Panasonic are some of the prominent players operating in the market. There is relatively little room for new entrants because the market is heavily saturated. Customers prefer well-known brands for personal care. Therefore, new competitors concentrate on bringing cutting-edge technology to break into this market. On the other side, market leaders are implementing product research and development tactics to increase their market share.

The global Electric Shavers market is segmented as follows:

By Product

  • Foil Shaver
  • Rotary Shaver
  • Wet/Dry Shaver
  • Clippers & Accessories

By Distribution Channel

  • Online
  • Offline

By End-user

  • Male
  • Female

By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Electric Shaver Market, (2022 – 2030) (USD Billion)
    • 2.2 Global Electric Shaver Market : snapshot
  • Chapter 3. Global Electric Shaver Market – Industry Analysis
    • 3.1 Electric Shaver Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Increasing demand for easy-to-use products
      • 3.2.2 An increasing number of men’s salons.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product
      • 3.7.2 Market attractiveness analysis By Distribution Channel
      • 3.7.3 Market attractiveness analysis By End-user
  • Chapter 4. Global Electric Shaver Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Electric Shaver Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Electric Shaver Market – Product Analysis
    • 5.1 Global Electric Shaver Market overview: By Product
      • 5.1.1 Global Electric Shaver Market share, By Product, 2021 and 2030
    • 5.2 Foil Shaver
      • 5.2.1 Global Electric Shaver Market by Foil Shaver, 2022 – 2030 (USD Billion)
    • 5.3 Rotary Shaver
      • 5.3.1 Global Electric Shaver Market by Rotary Shaver, 2022 – 2030 (USD Billion)
    • 5.4 Wet/Dry Shaver
      • 5.4.1 Global Electric Shaver Market by Wet/Dry Shaver, 2022 – 2030 (USD Billion)
    • 5.5 Clippers & Accessories
      • 5.5.1 Global Electric Shaver Market by Clippers & Accessories, 2022 – 2030 (USD Billion)
  • Chapter 6. Global Electric Shaver Market – Distribution Channel Analysis
    • 6.1 Global Electric Shaver Market overview: By Distribution Channel
      • 6.1.1 Global Electric Shaver Market share, By Distribution Channel, 2021 and 2030
    • 6.2 Online
      • 6.2.1 Global Electric Shaver Market by Online, 2022 – 2030 (USD Billion)
    • 6.3 Offline
      • 6.3.1 Global Electric Shaver Market by Offline, 2022 – 2030 (USD Billion)
  • Chapter 7. Global Electric Shaver Market – End-user Analysis
    • 7.1 Global Electric Shaver Market overview: By End-user
      • 7.1.1 Global Electric Shaver Market share, By End-user, 2021 and 2030
    • 7.2 Male
      • 7.2.1 Global Electric Shaver Market by Male, 2022 – 2030 (USD Billion)
    • 7.3 Female
      • 7.3.1 Global Electric Shaver Market by Female, 2022 – 2030 (USD Billion)
  • Chapter 8. Electric Shaver Market – Regional Analysis
    • 8.1 Global Electric Shaver Market Regional Overview
    • 8.2 Global Electric Shaver Market Share, by Region, 2021 & 2030 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Electric Shaver Market, 2022 – 2030 (USD Billion)
        • 8.3.1.1 North America Electric Shaver Market, by Country, 2022 – 2030 (USD Billion)
    • 8.4 North America Electric Shaver Market, by Product, 2022 – 2030
      • 8.4.1 North America Electric Shaver Market, by Product, 2022 – 2030 (USD Billion)
    • 8.5 North America Electric Shaver Market, by Distribution Channel, 2022 – 2030
      • 8.5.1 North America Electric Shaver Market, by Distribution Channel, 2022 – 2030 (USD Billion)
    • 8.6 North America Electric Shaver Market, by End-user, 2022 – 2030
      • 8.6.1 North America Electric Shaver Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.7. Europe
      • 8.7.1 Europe Electric Shaver Market, 2022 – 2030 (USD Billion)
        • 8.7.1.1 Europe Electric Shaver Market, by Country, 2022 – 2030 (USD Billion)
    • 8.8 Europe Electric Shaver Market, by Product, 2022 – 2030
      • 8.8.1 Europe Electric Shaver Market, by Product, 2022 – 2030 (USD Billion)
    • 8.9 Europe Electric Shaver Market, by Distribution Channel, 2022 – 2030
      • 8.9.1 Europe Electric Shaver Market, by Distribution Channel, 2022 – 2030 (USD Billion)
    • 8.10 Europe Electric Shaver Market, by End-user, 2022 – 2030
      • 8.10.1 Europe Electric Shaver Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Electric Shaver Market, 2022 – 2030 (USD Billion)
        • 8.11.1.1 Asia Pacific Electric Shaver Market, by Country, 2022 – 2030 (USD Billion)
    • 8.12 Asia Pacific Electric Shaver Market, by Product, 2022 – 2030
      • 8.12.1 Asia Pacific Electric Shaver Market, by Product, 2022 – 2030 (USD Billion)
    • 8.13 Asia Pacific Electric Shaver Market, by Distribution Channel, 2022 – 2030
      • 8.13.1 Asia Pacific Electric Shaver Market, by Distribution Channel, 2022 – 2030 (USD Billion)
    • 8.14 Asia Pacific Electric Shaver Market, by End-user, 2022 – 2030
      • 8.14.1 Asia Pacific Electric Shaver Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.15. Latin America
      • 8.15.1 Latin America Electric Shaver Market, 2022 – 2030 (USD Billion)
        • 8.15.1.1 Latin America Electric Shaver Market, by Country, 2022 – 2030 (USD Billion)
    • 8.16 Latin America Electric Shaver Market, by Product, 2022 – 2030
      • 8.16.1 Latin America Electric Shaver Market, by Product, 2022 – 2030 (USD Billion)
    • 8.17 Latin America Electric Shaver Market, by Distribution Channel, 2022 – 2030
      • 8.17.1 Latin America Electric Shaver Market, by Distribution Channel, 2022 – 2030 (USD Billion)
    • 8.18 Latin America Electric Shaver Market, by End-user, 2022 – 2030
      • 8.18.1 Latin America Electric Shaver Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Electric Shaver Market, 2022 – 2030 (USD Billion)
        • 8.19.1.1 The Middle-East and Africa Electric Shaver Market, by Country, 2022 – 2030 (USD Billion)
    • 8.20 The Middle-East and Africa Electric Shaver Market, by Product, 2022 – 2030
      • 8.20.1 The Middle-East and Africa Electric Shaver Market, by Product, 2022 – 2030 (USD Billion)
    • 8.21 The Middle-East and Africa Electric Shaver Market, by Distribution Channel, 2022 – 2030
      • 8.21.1 The Middle-East and Africa Electric Shaver Market, by Distribution Channel, 2022 – 2030 (USD Billion)
    • 8.22 The Middle-East and Africa Electric Shaver Market, by End-user, 2022 – 2030
      • 8.22.1 The Middle-East and Africa Electric Shaver Market, by End-user, 2022 – 2030 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Andis Co.
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Havells India Ltd.
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Xiaomi Corp.
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Braun GmbH
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Conair Corp.
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Koninklijke Philips NV
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Panasonic Corp.
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Remington
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 The Procter and Gamble Co.
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Shanghai Flyco Electrical Appliance Co. Ltd.
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Wahl Clipper Corp.
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Wenzhou Iweel Electric Co. Ltd.
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
List Of Figures
  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Electric Shaver Market, 2022 – 2030 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Electric Shaver Market attractiveness, By Product
  • 6. Global Electric Shaver Market attractiveness, By Distribution Channel
  • 7. Global Electric Shaver Market attractiveness, By End-user
  • 8. Global Electric Shaver Market share by Product, 2022 and 2030 (USD Billion)
  • 9. Global Electric Shaver Market by Foil Shaver, 2022 – 2030 (USD Billion)
  • 10. Global Electric Shaver Market by Rotary Shaver, 2022 – 2030 (USD Billion)
  • 11. Global Electric Shaver Market by Wet/Dry Shaver, 2022 – 2030 (USD Billion)
  • 12. Global Electric Shaver Market by Clippers & Accessories, 2022 – 2030 (USD Billion)
  • 13. Global Electric Shaver Market share by Distribution Channel, 2022 and 2030 (USD Billion)
  • 14. Global Electric Shaver Market by Online, 2022 – 2030 (USD Billion)
  • 15. Global Electric Shaver Market by Offline, 2022 – 2030 (USD Billion)
  • 16. Global Electric Shaver Market share by End-user, 2022 and 2030 (USD Billion)
  • 17. Global Electric Shaver Market by Male, 2022 – 2030 (USD Billion)
  • 18. Global Electric Shaver Market by Female, 2022 – 2030 (USD Billion)
  • 19. Global Electric Shaver Market share, by Region, 2022 and 2030
  • 20. North America Electric Shaver Market, 2022 – 2030 (USD Billion)
  • 21. Europe Electric Shaver Market, 2022 – 2030 (USD Billion)
  • 22. Asia Pacific Electric Shaver Market, 2022 – 2030 (USD Billion)
  • 23. Latin America Electric Shaver Market, 2022 – 2030 (USD Billion)
  • 24. The Middle-East and Africa Electric Shaver Market, 2022 – 2030 (USD Billion)
List Of Tables
  • 1. Global Electric Shaver Market: Snapshot
  • 2. Drivers of the Electric Shaver Market: impact analysis
  • 3. North America Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 4. North America Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 5. North America Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 6. U.S. Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 7. U.S. Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 8. U.S. Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 9. Canada Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 10. Canada Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 11. Canada Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 12. Europe Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 13. Europe Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 14. Europe Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 15. Germany Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 16. Germany Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 17. Germany Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 18. France Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 19. France Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 20. France Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 21. U.K. Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 22. U.K. Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 23. U.K. Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 24. Italy Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 25. Italy Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 26. Italy Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 27. Spain Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 28. Spain Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 29. Spain Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 30. Rest of Europe Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 31. Rest of Europe Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 32. Rest of Europe Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 33. Asia Pacific Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 34. Asia Pacific Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 35. Asia Pacific Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 36. China Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 37. China Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 38. China Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 39. Japan Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 40. Japan Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 41. Japan Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 42. India Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 43. India Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 44. India Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 45. South Korea Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 46. South Korea Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 47. South Korea Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 48. South-East Asia Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 49. South-East Asia Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 50. South-East Asia Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 51. Rest of Asia Pacific Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 52. Rest of Asia Pacific Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 53. Rest of Asia Pacific Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 54. Latin America Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 55. Latin America Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 56. Latin America Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 57. Brazil Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 58. Brazil Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 59. Brazil Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 60. Mexico Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 61. Mexico Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 62. Mexico Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 63. Rest of Latin America Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 64. Rest of Latin America Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 65. Rest of Latin America Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 66. The Middle-East and Africa Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 67. The Middle-East and Africa Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 68. The Middle-East and Africa Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 69. GCC Countries Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 70. GCC Countries Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 71. GCC Countries Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 72. South Africa Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 73. South Africa Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 74. South Africa Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 75. Rest of Middle-East Africa Electric Shaver Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 76. Rest of Middle-East Africa Electric Shaver Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 77. Rest of Middle-East Africa Electric Shaver Market revenue, By End-user, 2022 – 2030 (USD Billion)

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Players:

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

FAQs

“Europe” region will lead the global Electric Shaver market during the forecast period 2022 to 2030.

The key factors driving the market are increasing demand for easy-to-use products and an increasing number of men’s salons.

The key players operating in the Electric Shaver market are Andis Co., Havells India Ltd., Xiaomi Corp., Braun GmbH, Conair Corp., Koninklijke Philips NV, Panasonic Corp., Remington, The Procter and Gamble Co., Shanghai Flyco Electrical Appliance Co. Ltd. , Wahl Clipper Corp., Wenzhou Iweel Electric Co. Ltd.

The global Electric Shaver market is expanding growth with a CAGR of approximately 3% during the forecast period (2022 to 2030).

The global Electric Shaver market size was valued at USD 6 Billion in 2021 and it is projected to reach around USD 7.2 Billion by 2030.

PURCHASE OPTIONS

excel
$

3200


pdf excel
$

4200


pdf excel powerbi
$

5200


excel
$

1800


pdf excel powerbi
pdf
$

6200

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • Free 25% or 40 hours of customisation.
  • Free post-sale service assistance.
  • 15% discount on your next purchase.
  • Dedicated account Associate .
  • Permission to print the report.
  • Service guarantee available.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • Free 35% or 60 hours of customisation.
  • Free post-sale service assistance.
  • 25% discount on your next purchase.
  • Service guarantee available.
  • Personalised market brief by author.
  • Permission to print the report.
  • PDF, Excel and Power Point.
  • Can be accessible by unlimited users.
  • Free 40% or 80 hours of customisation.
  • Free post-sale service assistance.
  • 30% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account manager.
  • Service guarantee available.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
  • 15% discount on your next purchase.
  • Free 20% or 10 hours of customisation.
  • PDF, Excel, Power Point and Power BI.
  • Every Year Free Update ( Apr – Apr)
  • Personalized market brief by author
  • Can be accessible by unlimited users.
  • Free 50% or 90 hours of customization.
  • Up to 50 Company Profiles
  • Free post-sale service assistance with guarantee
  • 40% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account team.
  • Service guarantee available.
View cart

Want to customize this report?
100% FREE CUSTOMIZATION!