Press release
Global Shavers Market - Industry Analysis, Size, Share, Growth, Trends, Demand, Forecast and Opportunities 2016 - 2024
Global Shavers Market: Overview
Shavers market has shown significant growth over the years owing to the rising need of removing facial hair among the male population. Rising consciousness towards personal grooming and increasing preferences towards shaving products for removing body hair are triggering the growth of the global shavers market.
The market for shavers market is mainly driven by the consciousness towards personal grooming, increase in female shaving products and transition in focus from facial hair removal to body shaving among the male population. In recent year’s population from both the genders are inclined towards personal grooming. Consumers have shown inclination towards shaving body hair such as chest hair, arm pits, legs and arms.
Increasing acceptance of spending on personal care products among men is also resulting towards the positive impact upon the global shavers market. Further, the rising purchasing power of the consumers residing in the developing countries is another major factor that is fueling the growth of the shavers market. Additionally, increasing endorsements by celebrities for shaving products has also urged the population to opt for shaving products as well. Thus, the impact of this driver is medium at present and the same is expected to be high by the end of the forecast period.
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The shavers market is also driven by the increasing demand for shaving products among the female population. Few factors include rising female workforce, and increasing awareness about hygiene among others. Currently, females have become more conscious about their outlook and removal of body hair is one of the prime concerns among the population. Females are also driven towards removing their body hair due to societal and/or media pressure. Peer pressure is another major factor that has led this population towards shaving.
Global Shavers Market: Future Potential
Further, exposure towards varieties of shaving products for females by way of advertising through television and print media among others is another major factor that has led females towards the purchase of shaving products, which in turn has shown a positive impact on the growth of the shavers market. The impact of this driver is expected to strengthen by the end of the forecast period.
On the other hand, weak female target audience coupled with high prices of electric shavers is restraining the global shavers market in recent years. Females are targeted as a lucrative segment but exposure regarding the usages of shaving products is weak in the developing countries thus restraining the global shavers market. Electric shavers are relatively expensive compared to their non-electric counterparts. Due to this, the penetration rate of such products are very less since majority of the consumers refrain themselves from purchasing such products.
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Table of Content
Chapter 1 Preface
1.1 Research Scope and Market Segmentation
1.2 Research Highlights
Chapter 2 Assumptions and Research Methodology
2.1 Assumptions and Acronyms Used
2.2 Research Methodology
Chapter 3 Executive Summary
3.1 Market Snapshot
Chapter 4 Market Overview
4.1 Market Introduction and Key Trends Analysis
4.2 Market Drivers and Restraints Snapshot Analysis
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunities
4.3 Global Shavers Market, Market Attractiveness Analysis, by Product, 2016
4.4 Global Shavers Market, Revenue and Volume Forecast, 2015-2024 (USD Billion & Billion Units
Chapter 5 Global Shavers Market Analysis, by Product Type, 2015–2024
5.1. Global Shaver Market Revenue and Volume Share Analysis, by Product Type, 2015 & 2024
5.2. Global Shavers Market, Revenue and Volume Forecast, by Product Type, 2015-2024
Chapter-6 Global Shavers Market Analysis, by End Use, 2015–2024
6.1. Global Shaver Market Revenue and Volume Share Analysis, by End Use, 2015 & 2024
6.2. Global Shavers Market, Revenue and Volume Forecast, by End Use, 2015-2024
Chapter 7 Global Shavers Market Analysis, by Distribution Channel, 2015–2024
7.1 Global Shaver Market Revenue and Volume Share Analysis, by Distribution Channel, 2015 & 2024
7.2 Global Shavers Market, Revenue and Volume Forecast, by Distribution Channel, 2015-2024
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