Shavers Market Scope, Industry Opportunity, Competitors Study, Top Players

 

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Shavers Market




  Shaver's, also known as electric blades or electric razors, are powered by electricity or a battery and consist of a rotating or oscillating blade that is used to cut beards and body hair. Electric shavers are available in a variety of shapes and sizes for both men and women. The shavers market has grown rapidly in recent years and is expected to expand at a moderate CAGR during the forecast period.

  According to internal research, the men's personal care market is expected to grow rapidly in the coming years. Men have taken a keen interest in maintaining their physical appearance. As a result, they make extra efforts and even purchase products that support their cause. Even when it comes to beard maintenance, they are particular about the style and other key factors that must be considered.

  This has increased the male population's demand for various types of beard grooming products. The growing trend of concerns about facial aesthetics, particularly in Europe and North America, has resulted in increased traction for shavers and other beard grooming products. As a result, the rise in beauty-conscious customers among the male population has increased demand for personal care products, including the shavers market.

  However, beards have become popular in recent years, and many men have adopted the facial hair spectrum. It has recently been observed that the number of men sporting beards has increased. Young men are increasingly sporting beards. The growing beard fashion discourages market expansion in the shavers market. Nowadays, the majority of consumers, from students to working professionals, are adopting the beard trend. The changing consumer trend may limit market expansion in the coming years.

  Koninklijke Philips N.V., Havells India Limited, The Procter & Gamble Company, Panasonic Corporation, Wahl Clipper Corporation, Spectrum Brands Holdings, Inc., Conair Corporation, XIAOMI Corp-W, Shenzhen SweetLF Technology Co., Ltd, and Zhejiang Runwe Electric Appliance Co., Ltd are among the major players profiled in Shaver's market.

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