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Allied Market Research

Shavers Market Product Type (Foil Shavers, Rotary Shavers, Clippers, Wet/Dry Shavers, Others) End User (Men, Women) Distribution Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2020-2027

A08352
Pages: NA
Feb 2021 | 152 Views
 
Author(s) : Tejeshwari Pradhan
Tables: NA
Charts: NA
 

COVID-19

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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.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Product Type, End User, Distribution Channel, and Region

  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)

  Companies covered

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,

 

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.

Top Impacting Factors:Market Scenario Analysis, Trends, Drivers And Impact Analysis

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.

The global shavers market trends are as follows:

New product launches to flourish the market

New products that contain improved capabilities have been launched by leading market players. They have taken necessary steps to improve accuracy of devices and overall functionality as well. Manufacturers have been focusing on producing new products for specific applications as there are varying demands based on the utilization. Leading market players have determined how improved accuracy can be influential in its applications. Manufacturers are incorporating advanced technology in the creation of the new shavers. For instance, in July 2019, Panasonic introduced its advanced electric shaver with enhanced features viz. “ES-LV6Q and ES-LV9Q”. These two shavers have new five direction shaver head, five-blade cutting system and an optimized shaving sensor which can detect beard density.

Key Segments Covered:

Segments

Sub-segments

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.

Questions answered in the shavers market research report:

  • What are the leading market players active in the shavers market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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