Shavers Market: Size, Current Growth & Demand, Development Factors, Segmentation, Opportunities | Dominating Key Players: Dollar Shave Club, Panasonic Corp., Dorco USA, Havells India Ltd., Koninklijke Philips N.V., And Others

Allied Market Research published a new report, titled, “Shavers Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Shavers are used by both men and women. Men’s shavers are renowned for their clean, close cut on facial hair. On the other hand, women’s shavers are built in a slightly different way. Women’s shavers cannot shave as precisely as men’s counterparts, but they have a number of gender-specific characteristics with a softer and gentler feel. However, there is an increase in the availability of convenient shavers owing to the rise in usage among both the type of consumers.

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The rise in disposable income and standard of living of people in the developing economies enhanced their purchasing power. This enables them to spend money on their personal grooming and hair removal products, which in turn increases the sale of shavers in salon and parlor. Infact, a significant part of the shavers in the market are purchased by these commercial salon, spa, and parlors.

Surge in the working class women also results in growth of this market. As increase in the number of working women increased the amount of money available to them and with that the ownership of that money also transfers to them, enabling them to use that money on their personal hygiene without any need of getting permission from others. Also, their wish to be hygienic and clean at workplace drives the growth of the shavers market.

Changes in lifestyle, efficient distribution channel, urge to look attractive and beautiful among millennials, and rise in consciousness about personal hygiene are the key growth drivers for the shavers market.

COVID-19 Scenario Analysis:

The COVID-19 outbreak has caused a decline in the growth of the global industries creating a mass disruption for buyers as well as sellers. Markets and production units have been shutdown globally which has stopped the production, sale, and marketing of the product. This has also offered an opportunity for the companies to look after their supply chain relationship and business models for the future.

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Regions covered – North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain,and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

Competitive analysis – Remington Products Co. LLC (Spectrum Brands Holdings, Inc.), Helen of Troy Limited, Harry’s Inc., Dollar Shave Club, The Eltron Company, Wahl Clipper Corporation, Panasonic Corporation, Société BIC SA, Super-Max Limited , Andis Company, Inc., Ningbo Kaili Holding Group Co., Ltd. , Kai Corporation, Parker Safety Razor, Dorco USA, Mers Solutions Ltd., Havells India Ltd., The Procter & Gamble Company, Koninklijke Philips N.V., Edgewell Personal Care, Conair Corporation.

Key Segments Covered:

Product Type

○ Foil Shavers
○ Rotary Shavers
○ Clippers
○ Wet/Dry Shavers
○ Others

End User

○ Men
○ Women

Distribution Channel

○ Online
○ Offline

Key benefits of the report:

• This study presents the analytical depiction of the global shavers industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global shavers market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global shavers market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed global shavers market analysis based on competitive intensity and how the competition will take shape in coming years.

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