Industry: Retail and Consumer | Publish Date: 11-Apr-2025 | No of Pages: 132 | No. of Tables: 98 | No. of Figures: 63 | Format: PDF | Report Code : RC2538
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Sweden Electric Shaver Market size was valued at USD 545.4 million in 2024, and is predicted to reach USD 889.2 million by 2030, at a CAGR of 7.9% from 2025 to 2030. In terms of volume the market size was 3079.8 thousand units in 2024 and is projected to reach 5625.1 thousand units in 2030, with a CAGR of 9.9% from 2025 to 2030.
The various factors such as rising disposable income and growing urban population are key factors driving the market's growth. Nevertheless, high maintenance and replacement costs hinder the possible development of the industry. Contrary to this, the use of sustainable materials in electric shavers is expected to drive market demand as environmentally friendly consumers more and more opt for green products.
Rising disposable income in Sweden are a major force behind the electric shaver market as consumers are spending more on high-end grooming products with innovative features. This rising purchasing power created an increasing demand for electric razors, that are appreciated for their convenience, efficiency, and high performance.
According to the World Population Review, household disposable income in Sweden hit USD 33,730 in 2022, pointing towards consistent economic growth and fueling consumer expenditure on high-tech personal care devices. As the levels of disposable incomes keep increasing, the market for electric shavers grows even larger, with producers bringing in new technologies to meet changing the Sweden electric shaver market demands from consumers in the modern age.
Sweden's urbanization growth fuels the development of the electric shaver market as consumers become more focused on grooming equipment that is both efficient and functional. Electric razors gain greater popularity as a result of ease and speed of operation, that makes it convenient for modern-day urban living requirements. The growing urban population inspires producers to upgrade their product lines with features like smart technology, rechargeable batteries, and better performance. This trend points to the contribution of technological progress in satisfying customer demands and maintaining the development of the market.
High replacement and maintenance costs related to the requirement for specialized cleaning agents, regular replacement of blades, foils, and batteries limits the Sweden electric shaver market growth. These recurring costs raises the cost of ownership, making electric shavers less attractive to price-sensitive consumers and look for low maintenance and low-cost products. This expense, added to the higher maintenance level, reduces the popularity of electric shavers and discourages their adoption, particularly in affordability- and convenience-oriented markets.
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 Sweden electric shaver industry includes Andis Company, Xiaomi Corporation, Procter & Gamble (Braun), Panasonic Corporation, Spectrum Brands Inc. (Remington), Koninklijke Philips N.V., Babyliss Pro, Grundig, Gillete (P&G), TPOB, 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
Andis Company
Xiaomi Corporation
Procter & Gamble (Braun)
Panasonic Corporation
Spectrum Brands Inc. (Remington)
Koninklijke Philips N.V.
Babyliss Pro
Grundig
Gillete (P&G)
TPOB
Parameters |
Details |
Market Size in 2024 |
USD 545.4 Million |
Revenue Forecast in 2030 |
USD 889.2 Million |
Growth Rate |
CAGR of 7.9% from 2025 to 2030 |
Market Volume in 2024 |
3079.8 Thousand Units |
Volume Forecast in 2030 |
5625.1 Thousand Units |
Growth Rate (Volume) |
CAGR of 9.9% 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 |
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 |
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