U.S. Electric Shavers Market Worth $7.91 Billion By 2025 | CAGR 4.80%
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.
Full
Research Report On U.S. Electric Shavers Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/us-electric-shavers-market
www.grandviewresearch.com/industry-analysis/us-electric-shavers-market
Further
key findings from the report suggest:
- The U. S. electric shavers market is projected
to reach USD 7.91 billion by 2025 at a CAGR of 4.80% during the forecast
period
- Rotary shavers and foil shavers are steadily
gaining popularity among women; the segment, however, still has immense
potential for growth
- With growing trend of e-commerce and increasing
number of customers purchasing goods online, distribution of shavers and
trimmers through online portals has increased
- Shavers and trimmers have witnessed substantial
technology advancements in recent past. Growing availability of more
precise and smoother grooming products is anticipated to be the key factor
driving market growth
- 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.
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/electronic-devices
www.grandviewresearch.com/industry/electronic-devices
Grand View Research has segmented the U.S. electric shavers market on the
basis of product type:
U.S.
Electric Shavers Product Type Outlook (Revenue, USD Billion, 2014 - 2025)
- Trimmer
/ Clipper
- Rotary
Shaver
- Foil
Shaver
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/us-electric-shavers-market-analysis
www.grandviewresearch.com/press-release/us-electric-shavers-market-analysis
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More
Information: www.grandviewresearch.com
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