Global Electric Shaver Market Grow at a CAGR of 3.77 % during the period 2017-2021
Market Research Hub( MRH) has recently announced the addition of a fresh report, titled“ Global Electric Shaver Market 2017-2021” to its report offerings. Global Electric Shaver 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.
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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 multifunctionality( different sets of blades for different styling effects) are some factors driving the sales of electric shavers.
Technavios analysts forecast the global electric shaver market to grow at a CAGR of 3.77 % during the period 2017-2021.
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.