Denmark Electric Shaver Market

Plastic Optic Fiber Market Report Thumbnail

Denmark Electric Shaver Market by Usability (Dry and Wet or Dry), by Product Type (Rotary Shaver, Trimmer/Clipper, and Foil Shaver), by Power Source (Rechargeable and Battery Powered), by End User (Men and Women), and by Distribution Channel (Health & Beauty Stores, Electric Stores, Supermarkets, Hypermarkets, and Online) - Opportunity Analysis and Industry Forecast, 2024– 2030

Industry: Retail and Consumer | Publish Date: 24-Jul-2024 | No of Pages: 112 | No. of Tables: 79 | No. of Figures: 44 | Format: PDF | Report Code : N/A

  • Facebook
  • Linkedin
  • Whatsapp

Denmark Electric Shaver Market Overview

The Denmark Electric Shaver Market size was valued at USD 279.4 million in 2023, and is predicted to reach USD 588.3 million by 2030, at a CAGR of 10.7% from 2024 to 2030. The electric shaver industry is a part of the personal care and grooming sector. The electric shaver market consists of shavers, trimmers, and clippers. It specializes in designing, developing, and selling electric devices to remove facial and body hair efficiently.

Electric shavers are distinguished by their rotating or oscillating blades and their reliance on electricity to operate. The key features of the electric shaver industry include the use of cutting-edge technologies, such as improved blades, ergonomic designs, wet and dry shaving capabilities, and smart features in some models. The industry also caters to a variety of consumer segments with different grooming preferences, offering cordless operation, adjustable cutting lengths, and specialized attachments.

The Growing E-commerce Industry Boosts the Demand for Denmark Electric Shaver Market

The surge of e-commerce platforms has significantly transformed the electric shaver industry, with online retail channels offering consumers convenient access to a broad selection of electric shavers from various brands, driving market growth. Consumers value the convenience of exploring product options, comparing prices, and accessing reviews from other users, all from the comfort of their homes.

Additionally, e-commerce platforms often feature competitive pricing, discounts, and promotions, appealing to budget-conscious shoppers. The availability of fast and reliable shipping options further enhances the attractiveness of purchasing electric shavers online.

Consequently, electric shaver manufacturers are increasingly investing in their online presence, optimizing website functionality for seamless shopping experiences, and leveraging digital marketing strategies to connect with and engage customers.

 

Increasing Environmental Sustainability Thrives the Denmark Electric Shaver Market Growth

With a rising global focus on environmental conservation, the electric shaver industry is compelled to prioritize sustainability in both product development and marketing strategies. The widespread use of conventional disposable razors has significantly contributed to plastic waste, prompting manufacturers to seek more environmentally friendly alternatives. Rechargeable electric shavers equipped with replaceable parts are gaining momentum due to their potential to reduce reliance on single-use disposable razors, thereby reducing plastic pollution.

Additionally, some companies are incorporating recycled materials into their products and opting for recyclable or biodegradable packaging. By aligning with consumer values and reducing their environmental impact, electric shaver manufacturers are effectively addressing the increasing demand for sustainable grooming solutions.

 

High Upfront Cost and Availability of Conventional Alternatives Hinder the Denmark Electric Shaver Industry's Growth

The electric shaving industry faces hurdles due to substantial upfront investments and the continued prevalence of traditional alternatives such as manual razors. The relatively high costs associated with many electric shavers may deter price-sensitive consumers who perceive traditional grooming tools as more economically viable.

Additionally, entrenched consumer familiarity with conventional options such as safety razors presents a significant barrier to widespread electric shaver adoption. Concerns surrounding durability, perceived value, and entrenched cultural grooming norms also contribute to consumer hesitancy. To address these challenges effectively, strategic pricing, targeted marketing highlighting the benefits of electric shavers, and continuous innovation are essential to enhance their appeal and competitiveness against traditional alternatives in a diverse grooming market.

Integration of Smart Technology Creates Ample Growth Opportunity for Denmark Electric Shaver Market

The infusion of advanced technologies into the electric shaver sector introduces significant growth prospects. Features including Bluetooth connectivity and mobile app integration afford users customization capabilities, personalized grooming insights, and tracking functionalities. Precision-engineered blades, sensors, and adaptive shaving systems heighten overall performance, aligning with evolving consumer expectations.

Technological strides in lithium-ion batteries and rapid charging resolve battery longevity worries, bolstering user convenience. Innovative materials and ergonomic designs bolster user comfort, addressing specific preferences. These advancements position electric shavers as more than mere grooming implements; they evolve into intelligent, customizable solutions, fostering continuous industry expansion.

 

Competitive Landscape

The market players operating in the Denmark electric shaver industry include P&G (Braun), Koninklijke Philips N.V., Panasonic Corporation, Remington, Wahl Clipper Corporation, Andis Company Inc., Conair Corporation, Shanghai Flyco Electrical Appliance Co Ltd, Xiaomi, MANSCAPED, and others.

Denmark Electric Shaver Market Key Segments

By Type

  • Dry

  • Wet or Dry

By Product Type

  • Rotary Shaver

  • Trimmer/Clipper

  • Foil Shaver

By Power Source

  • Rechargeable

  • Battery Powered

By End User

  • Men

  • Women

By Distribution Channel

  • Health & Beauty Stores

  • Electric Stores

  • Supermarkets

  • Hypermarkets

  • Online

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 279.4 Million

Revenue Forecast in 2030

USD 588.3 Million

Growth Rate

CAGR of 10.7% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • Growing e-commerce industry boosts the market growth.
  • Increasing environmental sustainability drives the market.

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

KEY PLAYERS

  • P&G (Braun)

  • Koninklijke Philips N.V.

  • Panasonic Corporation

  • Remington

  • Wahl Clipper Corporation

  • Andis Company Inc.

  • Conair Corporation

  • Shanghai Flyco Electrical Appliance Co Ltd

  • Xiaomi

  • MANSCAPED

Bar chart Pie chart Pie chart

Frequently Asked Questions

The key market players operating in the Denmark electric shaver market are P&G (Braun), Koninklijke Philips N.V., Panasonic Corporation, Remington, Wahl Clipper Corporation, Andis Company Inc., Conair Corporation, Shanghai Flyco Electrical Appliance Co Ltd, Xiaomi, MANSCAPED, and others.

According to the Next Move Strategy Consulting, the size of the Denmark electric shaver market is estimated to be at USD 588.3 million in 2030.

The lifespan of electric shaver blades varies depending on usage frequency, maintenance, and the quality of the blades. On average, they can last anywhere from six months to two years before requiring replacement.

Key challenges are the high upfront cost and availability of conventional alternatives associated with the electric shavers.

According to the Next Move Strategy Consulting, the size of the Denmark electric shaver market is estimated at USD 279.4 million in 2023.

Download Free Sample

Please Enter Full Name

Please Enter Valid Email ID

Please enter Country Code and Phone No

Please enter message

popular
$2,575
$1,575
$3,875
$2,975

This website uses cookies to ensure you get the best experience on our website. Learn more