DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/p6m3tl/global_market) has announced the addition of the "Global Market Study on Shavers: Latin America to Witness Highest Growth by 2020" report to their offering.
The global shavers market is mainly driven by factors such as growing appearance consciousness, increasing trend of body hair removal, advancement in technology, and rising celebrity endorsements. Rising urbanization and increasing disposable income are significantly impacting the shaver market growth in positive terms. The developing countries are providing ample growth opportunity for the companies operating in the market owing to large untapped markets and growing population. However, the presence of certain restraints such as low adoption of shavers by women in developing countries, and trend of sporting beard are the opposing forces for the shaver market development. Impact analysis of drivers and restraints based on the weighted average model is also included in the report to provide better understanding of the intensity of market forces.
Among the product segment, non-electric shavers dominated the global sales with a share of 73.6% in 2014. The non-electric segment is expected to retain its leadership by 2020 with a market size of US$ 23.9 billion.
Among end-users, male consumers are expected to dominate the global market with a share of 82.1% in 2014. However, the share of female consumers is expected to increase during the forecast period owing to their increasing employment and increasing focus on appearance.
The companies are engaged in innovation and product development to remain competitive. The key players in the global shavers market include Panasonic Corporation, Conair Corporation, Koninklijke Philips N.V., The Procter & Gamble Company, Energizer Holdings, Inc., Spectrum Brands Holdings, Inc., Wahl Clipper Corporation, Super-Max Group, and SOCIÉTÉ BIC.
Key Topics Covered:
1. Executive Summary
2. Assumptions & Acronyms Used
3. Research Methodology
4. Market Taxonomy
5. Market Overview
6. Shavers Market Size & Forecast, By Product Segment
7. Shavers Market Size & Forecast, By End-User
8. Shavers Market Size & Forecast, By Distribution Channel
9. Electric and Non-Electric Shavers Market Size & Forecast, By Region
10. Competition Landscape
- Conair Corporation
- Energizer Holdings, Inc.
- Koninklijke Philips N.V.
- Panasonic Corporation
- SOCIÉTÉ BIC SA
- Spectrum Brands Holdings, Inc.
- Super-Max Limited
- The Procter & Gamble Company
- Wahl Clipper Corporation
For more information visit http://www.researchandmarkets.com/research/p6m3tl/global_market