The global market for Electric Shavers was valued at US$13.3 Billion in 2024 and is projected to reach US$16.3 Billion by 2030, growing at a CAGR of 3.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The surge in demand for electric shavers is driven by several influential factors that align with consumer needs and technological advancements. Enhanced battery life and quicker charging times have increased the convenience of electric shavers, making them ideal for both everyday use and travel. Additionally, innovations such as multi-directional blades and advanced hair lifting technologies provide a smoother and faster shave, catering to consumers who prioritize quick and effective grooming solutions. The growing emphasis on male grooming also contributes to the market's expansion, with an increasing number of men investing in their appearance and seeking professional-grade grooming tools that offer versatile styling options and maintenance benefits.
As the market for electric shavers evolves, it continues to be shaped by trends that emphasize efficiency, versatility, and skin health. These include the development of skin-friendly technologies that are especially beneficial for users with sensitive skin, as well as the introduction of compact, travel-friendly designs that appeal to frequent travelers. Moreover, the long-term cost-effectiveness of electric shavers compared to traditional shaving methods, coupled with their potential to offer hygienic benefits like reduced risk of infections from cuts, makes them an increasingly popular choice among consumers. With ongoing technological enhancements and a strong market drive towards accommodating fast-paced lifestyles and high grooming standards, electric shavers are set to maintain their relevance and desirability in the global grooming industry.
Global Electric Shavers Market - Key Trends and Drivers Summarized
Electric shavers are transforming the men's grooming market by providing a blend of efficiency, precision, and comfort that traditional razors struggle to match. These devices are designed to lift and cut hair in one or two passes, significantly reducing the time required for a shave. This efficiency appeals particularly to those with busy lifestyles, making it possible to maintain a well-groomed appearance with minimal time investment. Furthermore, electric shavers offer the flexibility to perform both wet and dry shaves, accommodating different personal preferences and scenarios. For individuals with sensitive skin, electric shavers present a compelling advantage by minimizing skin irritation, cuts, and nicks, enhancing the shaving experience with added comfort and safety.The surge in demand for electric shavers is driven by several influential factors that align with consumer needs and technological advancements. Enhanced battery life and quicker charging times have increased the convenience of electric shavers, making them ideal for both everyday use and travel. Additionally, innovations such as multi-directional blades and advanced hair lifting technologies provide a smoother and faster shave, catering to consumers who prioritize quick and effective grooming solutions. The growing emphasis on male grooming also contributes to the market's expansion, with an increasing number of men investing in their appearance and seeking professional-grade grooming tools that offer versatile styling options and maintenance benefits.
As the market for electric shavers evolves, it continues to be shaped by trends that emphasize efficiency, versatility, and skin health. These include the development of skin-friendly technologies that are especially beneficial for users with sensitive skin, as well as the introduction of compact, travel-friendly designs that appeal to frequent travelers. Moreover, the long-term cost-effectiveness of electric shavers compared to traditional shaving methods, coupled with their potential to offer hygienic benefits like reduced risk of infections from cuts, makes them an increasingly popular choice among consumers. With ongoing technological enhancements and a strong market drive towards accommodating fast-paced lifestyles and high grooming standards, electric shavers are set to maintain their relevance and desirability in the global grooming industry.
Report Scope
The report analyzes the Electric Shavers market, presented in terms of market value (USD). The analysis covers the key segments and geographic regions outlined below.Segments
Product Type (Clippers, Foil Shavers, Rotary Shavers, Wet / Dry Shavers, Other Product Types); End-Use (Men, Women).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Clippers segment, which is expected to reach US$6.5 Billion by 2030 with a CAGR of a 4%. The Foil Shavers segment is also set to grow at 3.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $3.5 Billion in 2024, and China, forecasted to grow at an impressive 5.6% CAGR to reach $3.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Electric Shavers Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electric Shavers Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Electric Shavers Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as BaByliss, Braun GmbH, Conair Corporation, Koninklijke Philips N.V., Panasonic Corp. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 31 companies featured in this Electric Shavers market report include:
- BaByliss
- Braun GmbH
- Conair Corporation
- Koninklijke Philips N.V.
- Panasonic Corp.
- The Gillette Company
- The Procter & Gamble Company
- Wahl Clipper Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BaByliss
- Braun GmbH
- Conair Corporation
- Koninklijke Philips N.V.
- Panasonic Corp.
- The Gillette Company
- The Procter & Gamble Company
- Wahl Clipper Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 188 |
Published | February 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 13.3 Billion |
Forecasted Market Value ( USD | $ 16.3 Billion |
Compound Annual Growth Rate | 3.3% |
Regions Covered | Global |