Market New Research Shavers Market Supplier, Competition by 2022 | Page 2

Electric razors have penetrated rural areas beyond wildest dreams. Here hybrids razors that combine both trimmer
and razors are the tour-de-force of male bastions and electric razors provide more utility, hence being eagerly lapped
up by customers. Lithium ions technology is proving its merits by offering a comfortable shave and shaping beard at
the contours as opposed to traditional shavers available in the market. Foil shavers are easier on the skin adding to
popularity among consumers in the market.
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Restraints to the electric shavers market include the customer ignorance in existence of razor blade across the market.
This is typically true of people thirty five years of age and above who have been using traditional razors for decades
and are absolutely unaware of existence of electric shavers. The said practice of traditional razors is easier to let go
had it not been a compulsive habit developed over the years and now electric razors are being belittled for their low
value that they are providing to the customers. This is restraining market growth of electric shavers in the market.
Asia pacific is growing by leaps and bounds and this sort of growth is hard to put down by value developers who will
see growth in electric shavers market in forecast period and giving opportunity to key stakeholders in the market.
Segmentation of electric razor market by type includes trimmer and clipper. Segmentation of electric razor market by
end-user includes men and woman. By geography, segmentation includes North America, Europe, Asia Pacific, MEA,
and Latin America. The key market players in the industry include Panasonic Corporation, Procter and Gamble
Company, Koninjilke Philips N.V, Conair Corporation, Remington Products, Helen of Troy limited, and Super-Max
Limited.
Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million
USD), market share and growth rate of Shavers in these regions, from 2012 to 2022 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India