The report presents a comprehensive overview of industry trends, growth share and the competitive landscape in 200 pages.
“Shaving Market” report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Shaving Market by region.
Global Shaving Market is valued approximately USD 4.00 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.30% over the forecast period 2022-2029.
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The market is primarily driven by the cosmetics industry, which is growing quickly. The business is expanding as a result of the growing demand for razors and blades. Their increasing importance in fashion, personal care products are one of the cosmetics industry’s fastest-growing areas. As more people become involved in corporate culture and place importance on personal grooming, the global industry is expanding. Thus, it is anticipated that rising spending on personal care products will fuel market expansion.
According to the Statista, in 2020 the revenue for the cosmetics industry was USD 72,366.20 million which is predicted to increase up to USD 1,31,041.20 million in 2026. Thus, it is driving growing for the market. As the consumers are purchasing electronic products from e-commerce websites. As shaving appliances is an electronic device. For instance, according to same source in 2020, e-commerce sales were USD 4,938 billion which is predicted to increase up to USD 6,767 billion in 2023. However, the trend of keeping bread is stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Shaving Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2021, North America led the world market and held the highest market share. This is attributable to the region’s rising demand for shaving care products. Since many customers in this region adopt holistic approaches to beauty care, the need for personal care products has increased due to consumers’ busy and evolving lifestyles. Over the course of the projection period, it is anticipated that the Europe market would expand quickly due to increased demand for natural and organic ingredients as well as new improvements. Additionally, the promotion of numerous shaving products is probably going to increase demand even more. The fastest CAGR is anticipated to occur in Asia Pacific between 2022 and 2029.
Major market players included in this report are:
- Beiersdorf AG
- Church & Dwight Co, Inc.
- Reckitt Benckiser Group plc
- Procter & Gamble
- Oriflame Holding AG
- GiGi
- Koninklijke Philips N.V.
- Syska India Ltd.
- Harry’s Inc.
- Societe BIC S.A. (BIC)
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Razors & Blades
Beard Moisturizer
Pre-shave Cream
After-shave Emulsion
By Distribution Channel:
Online
Offline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market:The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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