Wet Shave Market Scope
The term "wet shave" refers to shaving your face with a single-bladed metal razor, either with cake soap or pure water rather than canned foam or gel. Full wet shave is common with men who want to leave the salon with a smooth, professional appearance. This service will become a frequent part of the male client's salon experience because it is calming. Demand for at home shaving facilities due to temporary shutdown of salons and grooming facilities has shifted users to daily wet shave alternatives which has derived demand for electric shavers for at-home shaving.
The Wet Shave market study is segmented by Type (Shaving Lotions & Creams, Razors (Electric, Manual), Blades and Others) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States & United Kingdom Vendors will contribute to the maximum growth of Global Wet Shave market throughout the predicted period.
Procter & Gamble (United States), Edgewell Personal Care (United States), Beiersdorf AG (Germany), L’Oreal (France), Unilever (United Kingdom), Dr. Harris & Co. Ltd. (United Kingdom), Edwin Jagger (United Kingdom), Godrej Group (India), Johnson & Johnson (United States) and Perio Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Proraso (Italy), Super-Max (India), Taylor of Old Bond Street (United Kingdom) and Vi-John (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Wet Shave market by Type, Application and Region.
On the basis of geography, the market of Wet Shave 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).
On 1st October, 2020 - Shavelogic (Razor Technology Startup) Launched its Latest S5 Shaving System, this Release Introduces Long-Awaited Creativity to The Razor Genre, as Well As a New High Point in Industrial Design for Gear That Offers a Completely Exclusive Shaving Experience. and On 17th June, 2020 - BIC Expands Unisex Grooming Offerings with Launch of its New Us. Grooming Brand, which includes Razor, Shave Cream, Body Lotion and Face Lotion for a High-Quality, Head-To-Toe Grooming Experience at Affordable Rates.
Market Trend
- Rapid Changing Men’s Facial Hair Styles
Market Drivers
- Growing Demand for Electric Shavers
- Increasing Disposable Income Among Females
Opportunities
- Growing Adoption of Urban Lifestyle
- Fast Pace Innovation in Cosmetics
Restraints
- Side Effects including Hair Loss, Breakage etc.
Challenges
- Presence of Counterfeit Products
- Durability Concerns
Key Target Audience
Wet Shave Products Manufactures, New Entrants and Investors, Wet Shave Products Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others