29 April 2021
The new report the US Electric Shavers Market Report to 2031: Forecasts by Product Type (Trimmers/Clippers, Rotary Shavers, and Foil Shavers) and Profiles of Leading Companies indicates that the U.S. electric shavers market will see $ XX bn in spending in 2020.
The lead analyst of the report said: "The electric shavers market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of the electric shavers.”
Electric shavers witnessing the convenient and easy practice for a more precise and cleaner shave has prompted the huge demand for electric shavers in the domestic market. These advanced shavers have high benefits with limited operational damage over traditional razors in terms of skin-friendliness and safety.
The rapid shift in consumption and purchasing patterns of consumers from offline to online platforms and an established network of e-commerce in the country are primarily influencing the demand and sales of electric shavers in the domestic market. Large consumer electronic companies and e-commerce service providers are further boosting sales through massive online discounts and offer for such products. It is witness that the consumer in the developed countries are more in favor of compare and evaluate product prices, along with online shopping as a convenient method for shopping. Moreover, it is estimated that trimmers/clippers anticipate the highest market share in the U.S. market and further dominate its presence during the forecast period. In the current market, consumers are well-aware and focus on purchasing skin-friendliness and safety shavers projected to create opportunities for the new manufacturers to develop new features in the product to enhance its market position in the U.S. electric shavers market.
The U.S. electric shaver market marks a significant slowdown compared to the 2019 growth and estimates the direct impact of the COVID-19 pandemic in the first half of 2020, and the other half it seems to be revived from the effect of the pandemic.
The XX page report contains 21 tables and 57 graphs that add visual analysis in order to explain developing trends within the electric shavers market. The report provides $ XX bn forecasts during the forecast period 2021-2031 for the electric shavers submarkets, namely by product type, i.e., trimmers/clippers, rotary shavers, and foil shavers.
The XX page report offers market forecasts and analysis for 24 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 15 companies leading the field in the electric shavers.
The U.S. electric shavers market 2021-2031 report will be of value to anyone who wants to understand better the electric shavers market and its various segments. It will be useful for businesses who wish to comprehend the part of the market better they are already involved in, or those wishing to enter or expand into a different regional or technical aspect of the electric shavers industry.
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