North America Electric Shavers Market Size, Share & Trends Analysis Report By End User (Male, and Female), By Product Type (Trimmers / Clippers, Foil Shavers, and Rotary Shavers), By Distribution Channel, By Country and Growth Forecast, 2023 - 2030
The North America Electric Shavers Market would witness market growth of 5.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 33,794.8 thousand units, showcasing a growth of 5.5% (2019-2022).
Electric shavers, also known as electric razors or shavers, are grooming devices designed to remove facial hair efficiently. Unlike traditional manual razors, this leverage motorized or oscillating blades to trim hair, offering a quicker and often more precise shaving experience. These devices come in various designs, including foil and rotary shavers, each catering to specific user preferences. It can be corded or cordless, enhancing flexibility and usability.
Moreover, electric shavers have emerged as a quintessential tool in the ever-evolving landscape of personal grooming, revolutionizing how individuals maintain their facial hair. This is a dynamic and rapidly expanding industry driven by technological advancements, shifting consumer preferences, and an increasing emphasis on convenience and efficiency. This comprehensive exploration delves into the intricate facets of the this, offering insights into its definitions, applications, prevailing trends, and the myriad factors shaping its growth trajectory.
The proportion of retail e-commerce sales to total retail sales grew from 3.9% in 2019 to 6.2% in 2022, as reported by Statistics Canada thus far in July. The proportions of retail e-commerce sales during the rise of the pandemic in 2020 and 2021 were 6.6% and 6.9%, respectively. E-commerce platforms frequently run promotional campaigns, discounts, and special offers on this. These campaigns attract Canadian consumers, encouraging them to purchase during specific sales events or promotional periods. The convenience of home delivery eliminates the need for Canadian consumers to travel to physical stores. Electric shavers ordered online are delivered to their doorstep, enhancing convenience and saving time. Thus, the above aspects will expand the market growth across the region in the upcoming years.
The US market dominated the North America Electric Shavers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,945.7 Million by 2030. The Canada market is experiencing a CAGR of 7.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7% during (2023 - 2030).
Based on End User, the market is segmented into Male, and Female. Based on Product Type, the market is segmented into Trimmers / Clippers, Foil Shavers, and Rotary Shavers. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Health & Beauty Stores, Online, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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
North America Electric Shavers Market Report Segmentation
By End User (Volume, Thousand Units, USD Billion, 2019-2030)
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 Country (Volume, Thousand Units, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America