Press release
Shavers Market is projected to reach ~US$ 56,755.3 Mn by the end of 2033
Shavers Market
Persistence Market Research presents analytical insights into the global Shavers Market in a new report titled "Shavers Market: Global Industry Analysis (2016-2020) & Forecast (2021-2031)," touching upon key aspects such as drivers, trends, opportunity areas, and a global market forecast. The report offers a close look at evolving aspects of the market, and insights into the dynamics impacting market growth. It also focuses on the key developments in the market, especially due to the COVID-19 pandemic situation that has affected people, globally. The report includes various macro- and micro-economic factors responsible for a significant impact on market growth.
In light of the above factors, global sales of shavers is expected to top US$ 50 Bn in 2031. According to the revised report by Persistence Market Research, the shavers market is estimated to register a steady CAGR of close to 7% over the forecast period of 2021-2031.
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The report extensively focuses on key trends shaping market growth. Additionally, the included opportunity analysis underlines untapped corners for aspiring players. The report also offers a holistic view of the incremental opportunity, which can further help readers make effective decisions for the growth of their businesses.
All stakeholders in the shavers market can rely on the data offered in this report to make critical decisions. Moreover, information offered in this report also can help new market entrants expand their bases in this space.
The report elaborates on both, historical and current trends shaping the shavers market. The performance journey of the market has been drawn and analyzed to make the lucrative opportunities in the market evident to readers. The competitive landscape presented in the report gives a detailed outlook of the profiles of key companies operating in the shavers market, along with their differential strategies and key focus areas.
Market Segmentation
The research study offers a detailed market taxonomy, wherein, key segments have been discussed in detail. The market is segmented on the basis of product, end use, sales channel, and region. Every segment is analyzed in detail, and data pertaining to the growth of each segment has been included in the study.
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Product
• Electric Shavers
Electric clippers/Trimmers
Rotary Shavers
Foil Shavers
• Non-electric Shavers
Safety Razors
Cartridge Razors
• Sales Channel
Hypermarkets/ Supermarkets
Specialty Stores
Multi-brand Stores
Online Retailers
Other Sales Channels
• End User
Male
Female
• Region
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa (MEA)
Key Market Players
The research report includes a competitive landscape that provides a dashboard view of the key competitors operating in the market. Some of the market players included in this section are Panasonic Corporation, Société BIC SA, The Procter & Gamble Company, Koninklijke Philips N.V., Edgewell Personal Care, Conair Corporation, Remington Products Co. LLC (Spectrum Brands Holdings, Inc.), Helen of Troy Limited, Harry's Inc., Dollar Shave Club, The Eltron Company, Wahl Clipper Corporation, Super-Max Limited, Andis Company, Inc., and Ningbo Kaili Holding Group Co., Ltd.
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Key Questions Answered in Report
The research study offers inclusive insights about the growth of the market in the most comprehensive manner. Key insights offered in the report answer some of the most salient questions that assist stakeholders in gauging all the emerging possibilities.
Will technology developments continue driving sales of shavers?
How is the convenience of electric shavers driving market growth?
How is online retailing impacting sales of shavers?
What is the impact of higher prices of electrical shavers on the global market?
In what ways has COVID-19 affected the global shavers market?
Research Methodology
A unique and promising research methodology forms the base of the market report for the forecast period. This report has been prepared after comprehensive analysis of market events, and riveting insights have been compiled meticulously. The research methodology is a two-step process comprising primary and secondary research. Key stakeholders, including suppliers, service providers, and experts of several designations, including executive vice presidents, directors, technical advisors, GM marketing professionals, and sales professionals have been interviewed. Secondary sources referred to obtain information include investor presentations of manufacturers, World Bank, IMF, and other credible sources.
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