Global Electric Shavers Market Growth 2023-2029

Global Electric Shavers Market Growth 2023-2029

The electric razor (also known as the dry razor, electric shaver, or simply shaver) has a rotating or oscillating blade. The electric razor usually does not require the use of shaving cream, soap, or water. The razor may be powered by a small DC motor, which is either powered by batteries or mains electricity.

LPI (LP Information)' newest research report, the “Electric Shavers Industry Forecast” looks at past sales and reviews total world Electric Shavers sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Shavers sales for 2023 through 2029. With Electric Shavers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Shavers industry.

This Insight Report provides a comprehensive analysis of the global Electric Shavers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Shavers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Shavers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Shavers and breaks down the forecast by type, by end users, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Shavers.

The global Electric Shavers market size is projected to grow from US$ 5312.2 million in 2022 to US$ 6455.2 million in 2029; it is expected to grow at a CAGR of 6455.2 from 2023 to 2029.

Europe led the global electric shavers market both in terms of revenue and volume due to higher adoption rate of electric shavers. The region constituted over 35% of the global electric shavers market in terms of revenue in 2017. While Europe is prophesized to lose some of its market share to emerging nations in the future, it will continue leading the market through the forecast period. Likewise, North America is predicted to lose its market share in the near future.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Shavers market by product type, end users, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Rachargeable Shaver
Battery Type Shaver

Segmentation by end users
Male Consumers
Female Consumers

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Philips
Panasonic
Braun
Remington
Flyco
POVOS
SID
Wahl Clipper
Vivitar
Andis
Rewell

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Shavers market?

What factors are driving Electric Shavers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Shavers market opportunities vary by end market size?

How does Electric Shavers break out type, end users?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.