The global electric shaver market to grow at a CAGR of 3.77% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global electric shaver market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of electric shavers. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
In the hair removal appliance segment of the personal care appliance market, the demand for electric shavers is rising. Male users dominate the market demand and are followed by female users. Although manual shaving options dominate the shaver market due to their cost advantage, men are increasingly switching to electric alternatives, especially in developed countries.
Ease of use, simplification, sophistication, branding, and appeal associated with ownership of high-value brands, less time consuming, higher quality of shaving/trimming, and multi-functionality (different sets of blades for different styling effects) are some factors driving the sales of electric shavers. With more women entering the global workforce, the demand for and the affordability of hair removal appliances such as electric shavers have increased for shaving body areas such as legs and armpits.
Key Questions Answered in this Report:
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Other Prominent Vendors:
- Spectrum Brands
- Wahl Clipper
For more information about this report visit http://www.researchandmarkets.com/research/pmf4kr/global_electric