| Product Code: ETC13156803 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Electric shavers Market was valued at USD 20 Billion in 2024 and is expected to reach USD 27 Billion by 2031, growing at a compound annual growth rate of 4.00% during the forecast period (2025-2031).
The global electric shavers market is experiencing steady growth driven by factors such as increasing focus on personal grooming, technological advancements in shaving devices, and rising disposable income levels. The market is characterized by the presence of key players such as Philips, Panasonic, Braun, and Remington, who are continuously innovating their product offerings to cater to consumer preferences. The demand for electric shavers is further boosted by the convenience they offer compared to traditional razors, as well as the growing trend of male grooming worldwide. Additionally, the rising popularity of electric shavers among women for various grooming needs is expanding the market reach. The market is expected to witness continued growth in the forecast period, propelled by the growing urban population and changing lifestyles.
The Global Electric Shavers Market is witnessing steady growth due to increasing consumer preference for convenient grooming solutions. The market is experiencing a shift towards technologically advanced electric shavers with features like precision trimming, wet/dry shaving capabilities, and ergonomic designs. The rise in male grooming habits, growing disposable income, and a focus on personal care are driving the market growth. Additionally, the increasing popularity of electric shavers among women for various grooming needs is creating new opportunities for market expansion. Manufacturers are focusing on product innovation, such as incorporating artificial intelligence, personalized settings, and eco-friendly designs, to cater to evolving consumer demands. The market also presents opportunities for expansion in emerging markets, where rising urbanization and changing lifestyles are boosting the demand for electric shavers.
One of the key challenges faced in the global electric shavers market is intense competition among market players, leading to price wars and margin pressures. Additionally, rapid technological advancements and changing consumer preferences require companies to constantly innovate and upgrade their product offerings to stay competitive. Moreover, the increasing trend towards sustainability and eco-friendly products is prompting electric shaver manufacturers to develop more environmentally friendly options, which can be a costly and time-consuming process. Furthermore, economic uncertainties and fluctuations in raw material prices can impact production costs and pricing strategies for electric shaver companies, making it challenging to maintain profitability. Overall, navigating these challenges while meeting consumer demands for high-quality, innovative, and sustainable products poses a significant hurdle for companies operating in the global electric shavers market.
The Global Electric Shavers Market is being primarily driven by the increasing emphasis on personal grooming and hygiene among consumers worldwide. The convenience and efficiency of electric shavers compared to traditional razors contribute to their growing popularity. Moreover, technological advancements in electric shavers, such as the introduction of innovative features like precision trimming and battery life improvements, are attracting more consumers. The rising disposable income levels, urbanization, and changing lifestyle trends are also significant factors propelling the market forward. Additionally, the growing awareness about sustainability and environmental concerns is leading to a shift towards electric shavers, which are perceived as more eco-friendly than disposable razors. Overall, these drivers are expected to continue fueling the growth of the Global Electric Shavers Market in the foreseeable future.
Government policies related to the global electric shavers market primarily revolve around product safety and environmental regulations. Many countries have stringent guidelines in place to ensure that electric shavers meet safety standards and do not pose any health risks to consumers. Additionally, there is a growing emphasis on reducing the environmental impact of electric shavers, with regulations focusing on energy efficiency, packaging waste reduction, and proper disposal of electronic waste. Some governments also offer incentives or subsidies for companies that develop sustainable and eco-friendly electric shavers. Overall, these policies aim to promote innovation, consumer protection, and sustainability within the electric shavers market on a global scale.
The Global Electric Shavers Market is poised for steady growth in the foreseeable future, driven by factors such as increasing focus on personal grooming, rising disposable incomes, and technological advancements in the industry. The rising awareness about hygiene and grooming among both men and women, coupled with the convenience and efficiency offered by electric shavers, is expected to drive market demand. Additionally, the growing trend of beard grooming and styling among men, along with the increasing popularity of electric shavers for body hair removal among women, further contributes to market expansion. With manufacturers continuously innovating to offer advanced features such as precision trimming, longer battery life, and ergonomic designs, the market is likely to witness sustained growth in the coming years.
In the global electric shavers market, Asia is expected to witness significant growth due to increasing urbanization, rising disposable income, and a growing focus on personal grooming among the population. North America is projected to dominate the market owing to a higher adoption rate of technologically advanced grooming products. Europe is anticipated to show steady growth driven by the popularity of premium electric shaver brands and a strong presence of key market players. The Middle East and Africa region is likely to experience moderate growth due to changing consumer preferences and an increasing male grooming trend. Latin America is expected to showcase a promising growth trajectory supported by a rising awareness of grooming products and an expanding male population investing in personal care products.
Global Electric shavers Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Electric shavers Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Electric shavers Market Revenues & Volume, 2021 & 2031F |
3.3 Global Electric shavers Market - Industry Life Cycle |
3.4 Global Electric shavers Market - Porter's Five Forces |
3.5 Global Electric shavers Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Electric shavers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Electric shavers Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Global Electric shavers Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 Global Electric shavers Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Global Electric shavers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Electric shavers Market Trends |
6 Global Electric shavers Market, 2021 - 2031 |
6.1 Global Electric shavers Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Electric shavers Market, Revenues & Volume, By Oil Shaver, 2021 - 2031 |
6.1.3 Global Electric shavers Market, Revenues & Volume, By Wet/Dry Shaver, 2021 - 2031 |
6.1.4 Global Electric shavers Market, Revenues & Volume, By Clippers, 2021 - 2031 |
6.1.5 Global Electric shavers Market, Revenues & Volume, By A Rotary Shaver, 2021 - 2031 |
6.1.6 Global Electric shavers Market, Revenues & Volume, By Accessories, 2021 - 2031 |
6.2 Global Electric shavers Market, Revenues & Volume, By End-user, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Electric shavers Market, Revenues & Volume, By Male, 2021 - 2031 |
6.2.3 Global Electric shavers Market, Revenues & Volume, By Female, 2021 - 2031 |
6.3 Global Electric shavers Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Electric shavers Market, Revenues & Volume, By Health & Beauty Stores, 2021 - 2031 |
6.3.3 Global Electric shavers Market, Revenues & Volume, By General Merchandising/Mass Stores, 2021 - 2031 |
6.3.4 Global Electric shavers Market, Revenues & Volume, By Supermarkets & Hypermarkets, 2021 - 2031 |
6.3.5 Global Electric shavers Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Electric shavers Market, Revenues & Volume, By Type, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Electric shavers Market, Revenues & Volume, By Rechargeable Shaver, 2021 - 2031 |
6.4.3 Global Electric shavers Market, Revenues & Volume, By Battery Type Shaver, 2021 - 2031 |
7 North America Electric shavers Market, Overview & Analysis |
7.1 North America Electric shavers Market Revenues & Volume, 2021 - 2031 |
7.2 North America Electric shavers Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Electric shavers Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Electric shavers Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Electric shavers Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Electric shavers Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Electric shavers Market, Revenues & Volume, By End-user, 2021 - 2031 |
7.5 North America Electric shavers Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
7.6 North America Electric shavers Market, Revenues & Volume, By Type, 2021 - 2031 |
8 Latin America (LATAM) Electric shavers Market, Overview & Analysis |
8.1 Latin America (LATAM) Electric shavers Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Electric shavers Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Electric shavers Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Electric shavers Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Electric shavers Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Electric shavers Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Electric shavers Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Electric shavers Market, Revenues & Volume, By End-user, 2021 - 2031 |
8.5 Latin America (LATAM) Electric shavers Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8.6 Latin America (LATAM) Electric shavers Market, Revenues & Volume, By Type, 2021 - 2031 |
9 Asia Electric shavers Market, Overview & Analysis |
9.1 Asia Electric shavers Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Electric shavers Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Electric shavers Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Electric shavers Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Electric shavers Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Electric shavers Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Electric shavers Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Electric shavers Market, Revenues & Volume, By End-user, 2021 - 2031 |
9.5 Asia Electric shavers Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9.6 Asia Electric shavers Market, Revenues & Volume, By Type, 2021 - 2031 |
10 Africa Electric shavers Market, Overview & Analysis |
10.1 Africa Electric shavers Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Electric shavers Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Electric shavers Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Electric shavers Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Electric shavers Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Electric shavers Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Electric shavers Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Electric shavers Market, Revenues & Volume, By End-user, 2021 - 2031 |
10.5 Africa Electric shavers Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10.6 Africa Electric shavers Market, Revenues & Volume, By Type, 2021 - 2031 |
11 Europe Electric shavers Market, Overview & Analysis |
11.1 Europe Electric shavers Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Electric shavers Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Electric shavers Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Electric shavers Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Electric shavers Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Electric shavers Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Electric shavers Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Electric shavers Market, Revenues & Volume, By End-user, 2021 - 2031 |
11.5 Europe Electric shavers Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11.6 Europe Electric shavers Market, Revenues & Volume, By Type, 2021 - 2031 |
12 Middle East Electric shavers Market, Overview & Analysis |
12.1 Middle East Electric shavers Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Electric shavers Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Electric shavers Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Electric shavers Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Electric shavers Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Electric shavers Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Electric shavers Market, Revenues & Volume, By End-user, 2021 - 2031 |
12.5 Middle East Electric shavers Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12.6 Middle East Electric shavers Market, Revenues & Volume, By Type, 2021 - 2031 |
13 Global Electric shavers Market Key Performance Indicators |
14 Global Electric shavers Market - Export/Import By Countries Assessment |
15 Global Electric shavers Market - Opportunity Assessment |
15.1 Global Electric shavers Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Electric shavers Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Electric shavers Market Opportunity Assessment, By End-user, 2021 & 2031F |
15.4 Global Electric shavers Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
15.5 Global Electric shavers Market Opportunity Assessment, By Type, 2021 & 2031F |
16 Global Electric shavers Market - Competitive Landscape |
16.1 Global Electric shavers Market Revenue Share, By Companies, 2024 |
16.2 Global Electric shavers Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |