Market Overview:
The global wet shaver market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the wet shaver market can be attributed to various factors such as the increasing demand for manual and electric wet shavers, rising awareness about personal hygiene, and growing male grooming trend. In terms of type, the manual wet shaver segment is expected to dominate the global market during the forecast period. This can be attributed to its low cost and easy availability compared with electric wet shavers.
Product Definition:
A wet shaver is a person who shaves with water, shaving cream, and a razor. Wet shaving is often seen as more accurate and less likely to cause nicks or cuts than dry shaving.
Manual Shaver:
Manual shavers are cheaper than their electric counterparts and offer a more budget-friendly option for consumers looking to invest in a shaving kit. However, the low cost of these products comes with strings attached - the quality of shave is often affected due to cheap and easy manufacturing process.
Manufacturers have been observed making use of low-end technology for production which results in lower grade plastics being used, leading to durability issues with these products.
Ratory Shaver:
Ratory shavers are used for removing the hair from the skin using a rotating blade. It is mostly used by men but women also use it in some cases. Ratory shavers are battery operated and have flexible blades that allow complete flexibility while shaving.
Application Insights:
The men's application segment held the largest share of over 70.0% in 2017. The growth is attributed to the increasing number of working class males in developed countries such as U.K., Germany, and Australia who prefer a clean shave at the earliest opportunity possible due to professional requirements or personal preference. Furthermore, rising awareness regarding skin health coupled with an increase in disposable income has resulted in increased demand for wet shavers among male consumers globally which is expected to drive growth over the forecast period.
The women's application segment was valued at USD 99 million in 2017 owing to growing shaving trends among working-class females across developing countries including China and India where appearance plays a significant role during job interviews or business meetings which are expected to boost product demand from 2018 to 2030AD (YTD).
Regional Analysis:
North America dominated the global wet shave market in 2017. The rising demand for male grooming products is one of the key factors driving the regional market. Moreover, increasing penetration of electric trimmers and high adoption rate of men’s grooming products are also expected to drive growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to a large customer base in China and India among other countries. Growing awareness regarding personal hygiene and cleanliness has resulted into an increased demand for various hair removal solutions including wet shave, which will further propel regional growth during forecast period.
Europe accounted for more than 20% share in 2017 owing to growing popularity of traditional shaving techniques among consumers across this region as well as developing economies such as Russia, Italy, Germany etc.
Growth Factors:
- Increasing demand for electric shavers: The global wet shaver market is expected to grow at a CAGR of 5.5% during the forecast period. One of the key growth drivers for this market is the increasing demand for electric shavers, as they are more efficient and provide a better shaving experience as compared to manual razors.
- Rising awareness about personal hygiene: There has been a rise in awareness about personal hygiene in recent years, which has led to an increase in the adoption of wet shaving products among consumers worldwide.
- Growing popularity of beards and stubble: The popularity of beards and stubble has been growing rapidly in recent years, which is driving the demand for wet shaving products among men across different regions globally.
- Technological advancements: The development of new technologies that improve the performance and efficiency of wet shaving products is aiding in the growth of this market globally. For instance, Philips Norelco recently launched its AquaTec technology that allows users to shave with or without foam or gel, depending on their preference.. This technology helps reduce skin irritation caused by traditional blades.. 5) Availabilityof various typesofwet shaveproductsataffordable prices:The availabilityofvarious typesofwet shaveproductsataffordable pricesis anotherkey driveroftheglobalwetshavermarketgrowth
Scope Of The Report
Report Attributes
Report Details
Report Title
Wet Shaver Market Research Report
By Type
Manual Shaver, Ratory Shaver, Reciprocating Shaver
By Application
Online Sales, Offline Sales
By Companies
Gillette, Philips, BRAUN, Remington, Panasonic, FLYCO, SID, POVOS, Surker, SweetLF, Gillette
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Wet Shaver Market Report Segments:
The global Wet Shaver market is segmented on the basis of:
Types
Manual Shaver, Ratory Shaver, Reciprocating Shaver
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Sales, Offline Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gillette
- Philips
- BRAUN
- Remington
- Panasonic
- FLYCO
- SID
- POVOS
- Surker
- SweetLF
- Gillette
Highlights of The Wet Shaver Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual Shaver
- Ratory Shaver
- Reciprocating Shaver
- By Application:
- Online Sales
- Offline Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wet Shaver Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A wet shaver is a type of electric razor that uses water to shave.
Some of the major companies in the wet shaver market are Gillette, Philips, BRAUN, Remington, Panasonic, FLYCO, SID, POVOS, Surker, SweetLF, Gillette.
The wet shaver market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wet Shaver Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wet Shaver Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wet Shaver Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wet Shaver Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wet Shaver Market Size & Forecast, 2020-2028
4.5.1 Wet Shaver Market Size and Y-o-Y Growth
4.5.2 Wet Shaver Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Manual Shaver
5.2.2 Ratory Shaver
5.2.3 Reciprocating Shaver
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wet Shaver Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wet Shaver Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Manual Shaver
9.6.2 Ratory Shaver
9.6.3 Reciprocating Shaver
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Manual Shaver
10.6.2 Ratory Shaver
10.6.3 Reciprocating Shaver
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Manual Shaver
11.6.2 Ratory Shaver
11.6.3 Reciprocating Shaver
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Manual Shaver
12.6.2 Ratory Shaver
12.6.3 Reciprocating Shaver
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Manual Shaver
13.6.2 Ratory Shaver
13.6.3 Reciprocating Shaver
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wet Shaver Market: Competitive Dashboard
14.2 Global Wet Shaver Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gillette
14.3.2 Philips
14.3.3 BRAUN
14.3.4 Remington
14.3.5 Panasonic
14.3.6 FLYCO
14.3.7 SID
14.3.8 POVOS
14.3.9 Surker
14.3.10 SweetLF
14.3.11 Gillette
