Market Research Report
U.S. Electric Shavers Market Size, Share & Trends Analysis Report By Product Type (Trimmers / Clippers, Rotary Shavers, Foil Shavers), Competitive Landscape, And Segment Forecasts 2018 - 2025
|Published by||Grand View Research, Inc.||Product code||682162|
|Published||Content info||50 Pages
Delivery time: 2-3 business days
|U.S. Electric Shavers Market Size, Share & Trends Analysis Report By Product Type (Trimmers / Clippers, Rotary Shavers, Foil Shavers), Competitive Landscape, And Segment Forecasts 2018 - 2025|
|Published: July 18, 2018||Content info: 50 Pages||
The U.S. electric shavers market size is projected to reach USD 7.91 billion by, according to a new report by Grand View Research, Inc., exhibiting a 4.80% CAGR during the forecast period. Introduction of advanced electric shavers with 4- and 8-dimensional trimming support has enhanced trimming experience for youth. Incorporation of gels to minimize cuts and bleeding during shaving has also triggered interest and has compelled people to shift from traditional cartridge razors. With the evolution of technology, the variety of shavers and trimmers has increased and there are various products that suit consumer needs.
Sales of electric shavers and trimmers in U.S. is estimated to ascend at a good rate over the next decade owing to changing buying behavior and orientation of consumers. Internet sales have been increasing and there is a shift from brick-and-mortar stores to online sales. Consumers use the Internet to procure cosmetics and grooming products from sites such as Amazon. Companies provide several discounts and offers to stay ahead of the competition, which is beneficial for customers.
Growth in youth population in U.S. and around the world is projected to be a major driver for the electric shaver market. Awareness among youth regarding personal grooming and hygiene has increased impressively in recent past.
Trimmers and clippers are estimated to hold the largest market share in the U.S. electric shavers market and is projected to grow at a CAGR of 4.03% during the forecast period.