Electric Shaver Market- Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2021
Market Research analysts forecast the global electric shaver market to grow at a CAGR of 3.77 % during the period 2017-2021.
In the hair removal appliance segment of the personal care appliance market, the demand for electric shavers is rising. Male users dominate the market demand and are followed by female users. Although manual shaving options dominate the shaver market due to their cost advantage, men are increasingly switching to electric alternatives, especially in developed countries. Ease of use, simplification, sophistication, branding, and appeal associated with ownership of high-value brands, less time consuming, higher quality of shaving / trimming, and multi-functionality( different sets of blades for different styling effects) are some factors driving the sales of electric shavers. With more women entering the global workforce, the demand for and the affordability of hair removal appliances such as electric shavers have increased for shaving body areas such as legs and armpits.
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Covered in this report
The report covers the present scenario and the growth prospects of the global electric shaver market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of electric shavers.
The market is divided into the following segments based on geography: Americas APAC EMEA
Technavio ' s report, Global Thoracic Surgery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors Conair Philips Panasonic P & G
Other prominent vendors Andis