Industry: Retail and Consumer | Publish Date: 09-Apr-2025 | No of Pages: 138 | No. of Tables: 104 | No. of Figures: 65 | Format: PDF | Report Code : RC2550
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Finland Electric Shaver Market size was valued at USD 571.0 million in 2024, and is predicted to reach USD 710.6 million by 2030, at a CAGR of 3.2% from 2025 to 2030. In terms of volume the market size was 3767.6 thousand units in 2024 and is projected to reach 5249.5 thousand units in 2030, with a CAGR of 5.1% from 2025 to 2030.
The various factors such as rising E-Commerce sector and growing urban population are key factors driving the market's growth. Nevertheless, the limited battery life hinders the possible development of the industry. Contrary to this, the use of sustainable materials in electric shavers is anticipated to drive market demand as environmentally friendly consumers more and more opt for green products.
The rising of e-commerce is accelerating the Finland electric shaver market demand by providing consumers with accessibility to various products. These online sites allow customers to easily compare models, evaluate features making it easier to select the appropriate electric shaver. The report published by E-Commerce Europe states that 79% of Finns aged 16-74 shopped online in 2023, showing increased digital retail preference. This growth in e-commerce gives brands the chance to penetrate new markets, widening their reach and driving the electric shaver market.
The urbanization of Finland electric shaver market trends significantly drives the demand for electric shavers because consumer look for efficient grooming products to match with their busy lives. The busy urban lifestyle with tight schedules makes people to embrace convenient and time-saving products such as electric shavers. Based on the UN Population Division report, Finland's population in urban areas reached 4.76 million in 2022, adding to the growing demand for easy-to-use grooming equipment.
Consequently, producers are challenged to innovate features such as smart technology, adjustable controls, and longer battery life to meet the evolving needs of city consumers. As urbanization continues, the electric shaver market is expected to expand, with advancements in product that in turn propels the growth of the market.
Short battery life and the need for constant recharging greatly retards the Finland electric shaver market expansion since it becomes challenging for busy user or even users who move around. This is especially experienced by busy users or those on the move, as well as in regions with poor electrical infrastructure.
By comparison, manual razors do not need to be charged and give a more convenient and dependable option. This gives rise to a preference for manual razors, decelerating growth in the electric shaver market since such alternatives are more convenient, particularly where there is variable electricity supply.
The use of sustainable materials in electric shavers is anticipated to drive market demand as environmentally friendly consumers more and more opt for green products. Shavers that use renewable materials, recyclable parts, and sustainable packaging are becoming the buyers' go-to option in the pursuit of sustainability.
For example, Braun uses only renewable energy to manufacture its Series 9 Pro shavers, while Philips employs renewable electricity to make blades and recycled paper to package them. Philips also gives an Eco Passport with every product, highlighting its environmentally friendly processes. These actions are expected to appeal to green consumers and drive brand loyalty.
The several key players operating in Finland electric shaver industry includes Andis Company, Procter & Gamble (Braun), Panasonic Corporation, Spectrum Brands Inc. (Remington), Koninklijke Philips N.V., Babyliss Pro, Grundig, Gillete (P&G), TPOB, Meridian Grooming, Sencor and others.
Rotary Shaver
Foil Shaver
Clippers and Trimmers
Beard Trimmers
Body Trimmers
Others
Battery Powered
Rechargeable/Cordless
Dry Electric Shavers
Wet and Dry Electric Shavers
Online
Offline
Men
Women
Andis Company
Procter & Gamble (Braun)
Panasonic Corporation
Spectrum Brands Inc. (Remington)
Koninklijke Philips N.V.
Babyliss Pro
Grundig
Gillete (P&G)
TPOB
Meridian Grooming
Sencor
Parameters |
Details |
Market Size in 2024 |
USD 571.0 Million |
Revenue Forecast in 2030 |
USD 710.6 Million |
Growth Rate |
CAGR of 3.2% from 2025 to 2030 |
Market Volume in 2024 |
3767.6 Thousand Units |
Volume Forecast in 2030 |
5249.5 Thousand Units |
Growth Rate (Volume) |
CAGR of 5.1% from 2025 to 2030 |
Analysis Period |
2024–2030 |
Base Year Considered |
2025 |
Forecast Period |
2025–2030 |
Market Size Estimation |
Million (USD) |
Growth Factors |
|
Companies Profiled |
11 |
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. |