Global Shavers Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Electric, and Non-electric.

By Distribution Channel;

Supermarkets & Hypermarkets, Online Retail, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn565151393 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Shavers Market (USD Million), 2021 - 2031

In the year 2024, the Global Shavers Market was valued at USD 7,494.00 million. The size of this market is expected to increase to USD 10,130.19 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.

The global shavers market is a dynamic landscape driven by a convergence of factors including technological advancements, changing consumer preferences, and grooming trends. Shavers have become an essential personal care tool for both men and women across the world, with innovations continually reshaping the industry. This market encompasses various types of shavers, including electric, disposable, and cartridge-based razors, each catering to different consumer needs and preferences.

In recent years, technological advancements have revolutionized the shavers market, leading to the development of high-performance electric shavers equipped with features such as precision cutting blades, ergonomic designs, and advanced grooming settings. These innovations not only enhance the shaving experience but also offer convenience and efficiency to users. Moreover, the growing emphasis on sustainability and eco-friendliness has prompted manufacturers to introduce rechargeable and eco-friendly shavers, aligning with the increasing environmental consciousness among consumers.

Consumer preferences play a significant role in shaping the global shavers market, with demand influenced by factors such as grooming habits, lifestyle choices, and disposable income. As grooming standards evolve and grooming routines become more sophisticated, consumers seek shavers that provide superior performance, durability, and ease of use. The rising awareness of personal grooming and appearance maintenance has spurred the demand for premium and specialized shavers, driving market growth and innovation.

The global shavers market is characterized by intense competition, with key players constantly striving to differentiate their products through innovation, branding, and marketing strategies. Companies invest heavily in research and development to introduce cutting-edge technologies and features that cater to diverse consumer segments. Furthermore, strategic partnerships, mergers, and acquisitions are common in the industry as companies seek to expand their market presence and enhance their product portfolios to stay ahead in this rapidly evolving market landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Shavers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Changing Consumer Lifestyles and Preferences
        3. Increasing Disposable Income
        4. Growing Awareness of Personal Grooming
        5. Rise in Urbanization and Population Growth
      2. Restraints
        1. High Initial Cost of Electric Shavers
        2. Competition from Alternative Hair Removal Methods
        3. Limited Penetration in Rural Areas
        4. Concerns Regarding Skin Sensitivity and Irritation
        5. Economic Uncertainties and Fluctuating Consumer Spending
      3. Opportunities
        1. Emerging Markets in Asia-Pacific and Latin America
        2. Expansion of Product Offerings to Include Women's Shavers
        3. Adoption of Sustainable and Eco-Friendly Shaving Solutions
        4. Technological Innovations in Smart and IoT-enabled Shavers
        5. Partnerships with Online Retailers and E-commerce Platforms
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Shavers Market, By Product Type, 2021 - 2031 (USD Million)
      1. Electric
      2. Non-electric
    2. Global Shavers Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarkets & Hypermarkets
      2. Online Retail
      3. Others
    3. Global Shavers Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Gillette
      2. BIC
      3. LORD
      4. DORCO
      5. Supermax
      6. Harry's
      7. Feather
      8. Edgewell Personal Care
  7. Analyst Views
  8. Future Outlook of the Market