Published by Coherent Market Insights
Posted on October 8, 2021
The global Shavers market is projected to reach around US$ 51 billion by the end of 2027, in terms of revenue, growing at CAGR of 8% during the forecast period (2019-2027).
Waxing is one of the most common methods used to remove the hair however it is a little painful and costly as compared to shaving. Electric shavers, such as epilators and trimmers are gaining huge demand across the globe as they are saving lots of recurring purchases are completely painless. Shavers are also gaining demand among women for shaving the legs and armpits. They are durable, easy to use, and are affordable.
A detailed report on Global Shavers Market providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027.
Top Key Players in Shavers market: Panasonic Corporation, Conair Corporation, Koninklijke Philips N.V., The Procter &, Gamble Company, Energizer Holdings, Inc., Spectrum Brands Holdings, Inc., Wahl, Clipper Corporation, Super-Max Limited, and SOCIÉTÉ BIC SA
Regional Analysis For Shavers Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Shavers market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Market Restraints
The trend of sporting beard among men as visible symbols of a man’s personality is expected to hinder the market growth. There has been a growing trend of sporting a beard among, which has adversely affected the shaver market in the recent few years. According to a survey by USA TODAY Sports of photo day portraits of players from five randomly selected baseball clubs in the U.S. in 2015, approximately one in two players sported some facial hair.
Key Takeaways:
On the basis of the product type, the non-electric segment dominated the global shavers market in 2018 with a 77.5% of market share in terms of value, followed by electric.
Market Trends
Growing demand for multi-blade razors with lubricant stripes is expected to foster market growth over the forecast period. For instance, in November 2015, Gillette launched new Fusion ProShield with lubrication before and after the blades to shield against irritation during every shave – no matter how many shave strokes a person takes. Hence, this is expected to fuel the market growth of the shavers.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Shavers market Estimated to Generate a Revenue of US$ 51 billion with Growing at a CAGR of 8% from 2021 to 2027 appeared first on Gatorledger.
The global Shavers market is projected to reach around US$ 51 billion by the end of 2027, in terms of revenue, growing at CAGR of 8% during the forecast period (2019-2027).
Waxing is one of the most common methods used to remove the hair however it is a little painful and costly as compared to shaving. Electric shavers, such as epilators and trimmers are gaining huge demand across the globe as they are saving lots of recurring purchases are completely painless. Shavers are also gaining demand among women for shaving the legs and armpits. They are durable, easy to use, and are affordable.
A detailed report on Global Shavers Market providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027.
Top Key Players in Shavers market: Panasonic Corporation, Conair Corporation, Koninklijke Philips N.V., The Procter &, Gamble Company, Energizer Holdings, Inc., Spectrum Brands Holdings, Inc., Wahl, Clipper Corporation, Super-Max Limited, and SOCIÉTÉ BIC SA
Regional Analysis For Shavers Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Shavers market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Market Restraints
The trend of sporting beard among men as visible symbols of a man’s personality is expected to hinder the market growth. There has been a growing trend of sporting a beard among, which has adversely affected the shaver market in the recent few years. According to a survey by USA TODAY Sports of photo day portraits of players from five randomly selected baseball clubs in the U.S. in 2015, approximately one in two players sported some facial hair.
Key Takeaways:
On the basis of the product type, the non-electric segment dominated the global shavers market in 2018 with a 77.5% of market share in terms of value, followed by electric.
Market Trends
Growing demand for multi-blade razors with lubricant stripes is expected to foster market growth over the forecast period. For instance, in November 2015, Gillette launched new Fusion ProShield with lubrication before and after the blades to shield against irritation during every shave – no matter how many shave strokes a person takes. Hence, this is expected to fuel the market growth of the shavers.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Shavers market Estimated to Generate a Revenue of US$ 51 billion with Growing at a CAGR of 8% from 2021 to 2027 appeared first on Gatorledger.
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