The Asia Pacific Electric Shavers Market would witness market growth of 6.5% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 37,169.5 thousand units, showcasing a growth of 6.2% (2019-2022).
The applications of electric shavers extend beyond mere hair removal, encompassing a range of grooming needs. The primary application lies in facial hair maintenance for men, providing a convenient and swift alternative to traditional shaving methods. Moreover, women also utilize it for various purposes, such as removing unwanted facial hair or achieving a smooth, hair-free appearance on different body parts. The versatility of this has expanded their applications to encompass both wet and dry shaving, giving users the flexibility to select based on personal preferences. Additionally, some advanced electric shavers have features like trimmers and precision settings, catering to diverse grooming requirements.
Continuous innovation in blade technology, ergonomics, and materials has led to the development of cutting-edge electric shavers. Features like self-sharpening blades, sensor technology for adaptive shaving, and integration with smart devices are increasingly prevalent, enhancing the overall user experience. With growing environmental consciousness, manufacturers are incorporating sustainable materials, energy-efficient technologies, and recyclable packaging in electric shaver designs. This tendency aligns with the shift toward eco-friendly products and resonates with environmentally conscious consumers.
According to Invest India, the gross merchandise value of the e-commerce sector will exceed $55 billion by 2021. It is expected to have a yearly gross sales value of $350 billion by 2030. By 2023, India is projected to have more than 907 million internet consumers, representing approximately 64 percent of the country's total population. E-commerce apps offer dedicated platforms for Indian consumers to browse and shop for grooming products. Push notifications, personalized recommendations, and exclusive app-only deals contribute to increased mobile app engagement. Therefore, the factors mentioned above will propel the market growth in this region.
The China market dominated the Asia Pacific Electric Shavers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,107.1 Million by 2030. The Japan market is exhibiting a CAGR of 5.8% during (2023 - 2030). Additionally, The India market would experience a CAGR of 7.1% during (2023 - 2030).
Free Valuable Insights: The Global Electric Shavers Market is Predict to reach $ 14.1 Billion by 2030, at a CAGR of 6%
Based on End User, the market is segmented into Male, and Female. Based on Product Type, the market is segmented into Trimmers / Clippers, Foil Shavers, and Rotary Shavers. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Health & Beauty Stores, Online, and Others.Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By End User (Volume, Thousand Units, USD Billion, 2019-2030)
By Product Type (Volume, Thousand Units, USD Billion, 2019-2030)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2019-2030)
By Country
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