The Electric Head Shaver Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Electric Head Shaver Global Market Report 2024, The electric head shaver market size is expected to see strong growth in the next few years. It will grow to $25.45 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to advancements in shaver technology, rising disposable income, increasing urbanization, product customization, and eco-friendly and sustainable products. Major trends in the forecast period include the integration of smart technology, enhanced battery performance, rise in multi-functional grooming devices, introduction of subscription services, and advancements in blade technology.
The increasing number of men’s salons is expected to propel the growth of the electric head shaver market going forward. A men’s salon is a grooming establishment that provides specialized haircuts, shaves, and other grooming services exclusively for men. The increasing number of men’s salons is driven by rising male grooming awareness and demand for specialized services tailored to men’s grooming needs. Men’s salons use an electric head shaver to provide efficient, close, and quick head shaves tailored to client’s preferences. For instance, in January 2024, according to the National Hair and Beauty Federation (NHBF), a UK-based trade association, the number of men’s hair and beauty businesses in the UK increased to over 61,000 in 2023, up from 48,000 in 2022. Therefore, the increasing number of men’s salons is driving the growth of the electric head shaver market.
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The electric head shaver market covered in this report is segmented –
1) By Type: Washable Type, Non-Washable Type
2) By Blade Material: Stainless Steel, Titanium, Ceramic
3) By Technology: Rechargeable, Battery Operated
4) By Age Group: Adults, Teenagers
5) By Application: Personal Use, Professional Use
Major companies operating in the electric head shaver market are focused on developing innovative grooming solutions, such as hybrid trimmers and shavers, to elevate the grooming experience. A hybrid trimmer and shaver is a grooming device that combines the functions of both trimming and shaving for versatile hair and beard maintenance. For instance, in May 2024, Koninklijke Philips N.V., a Netherlands-based health technology company, introduced the OneBlade Face and Body, a groundbreaking hybrid trimmer and shaver to deliver a seamless grooming experience for men. This innovative product boasts critical features such as the ability to trim, edge, and shave any hair length and can be used for cutting hair on the head. Its dual protection system, which includes a glide coating and rounded tips, ensures a more comfortable and efficient shave. Additionally, its fast-moving cutter, operating at 6000 times per minute, effectively trims even longer hairs.
The electric head shaver market report table of contents includes:
1. Executive Summary
2. Electric Head Shaver Market Characteristics
3. Electric Head Shaver Market Trends And Strategies
4. Electric Head Shaver Market – Macro Economic Scenario
5. Global Electric Head Shaver Market Size and Growth
………..
32. Global Electric Head Shaver Market Competitive Benchmarking
33. Global Electric Head Shaver Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Electric Head Shaver Market
35. Electric Head Shaver Market Future Outlook and Potential Analysis
36. Appendix
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