About Foil Shavers
Foil Shavers are Electric grooming tools used by Individuals as well as Professionals. Foil shavers offer closest shave because of the micro-foil, which aligns the skin without causing it to move. When used in combination with a pre-shave oil or powder, foil serves as a barrier to the skin, reducing any pain or skin irritation after shaving unlike Manual Razors
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.0% |
Foil Shavers market is characterised by High level of competition concentrated in specific regions including United States, Italy & Germany. Currently, key players are in the industry are looking to enhance their existing range of products by making them more user specific & safer and at the same time expand their consumer base across various new regions as well as in the operational regions. Significant Merger & Acquisitions have happened in the recent years thus indicating towards the growth potential of the Market realised by the Industry Leaders Analyst at AMA Research estimates that United States & German Vendors will contribute the maximum growth to Global Foil Shavers market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Panasonic Corporation (Japan), Wahl Clipper (United States), Philips (Netherlands), Braun GmBH (Germany), Havells (India), Carrera (Italy), Conair Corporation (United States), Gamma LLC (United States), Mangroomer (United States), Remington (United States), Andis Company Inc. (United States) and BaByliss (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Foil Shavers market by Type (Foil Shaver, Wet/Dry Shaver, Rotary Shaver and Other) and Region.
On the basis of geography, the market of Foil Shavers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Type, the sub-segment i.e. Cordless will boost the Foil Shavers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Chargeability, the sub-segment i.e. Cell or Battery Based will boost the Foil Shavers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution, the sub-segment i.e. Offline (Hypermarkets, Supermarkets, Multi-Brand Stores, Specialty Retail Stores, Independent Retailers, Exclusive/Franchise Stores) will boost the Foil Shavers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Male will boost the Foil Shavers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for Professional and precise Grooming at Personal Level
Market Growth Drivers:
COVID-19 Lockdowns Resulted in Unexpected Demand Kink, due to Temporary salon Closure., Easy to buy from any Ecommerce Platform. and More people demand safe & precise pregnancy procedures
Challenges:
Shifting Existing Consumers from Traditional Manual razor to Foil Shavers. and To provide a Safe Shaver designed according to Different Facial Dynamics
Restraints:
Skin injuries are very Common for Foil Shaver user. and Fragile nature of Shavers
Opportunities:
Technological innovation has facilitated better Product Design, Add-on features
Market Leaders and their expansionary development strategies
On 8th January, 2021 - Spectrum Brands Holdings Inc. along with Private Equity firm CVC Capital Partners in talks to Acquire Conair Corporation. The deal is expected to Expand Spectrum’s reach on more Consumers in the Grooming Sector
In November 2023, Wahl Launched Lithium Ion Stainless Steel Foil Shaver, this new shaver features a hypoallergenic foil head and a powerful lithium-ion battery for long-lasting performance. It is also water-resistant for wet or dry use.
Key Target Audience
New Entrants & Investors, Grooming Brands, Research and educational institutions, Foil Shaver manufacturers, Suppliers, Traders, Dealers, and Distributors of Foil Shavers., End Use Industries, Analysts and Strategic Business Planners, Venture Capitalists & Private Equity Firms and Government bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.