Electric Shavers Global Industry Forecast, 2021-2026 - Online Sales Expected to Increase at an Exponential Rate - ResearchAndMarkets.com
The global electric shavers market is projected to witness a compounded annual growth rate of 4.70% to grow to US$4,364.828 million by 2026, from US$3,164.097 million in 2019.
- The global electric shavers market is projected to witness a compounded annual growth rate of 4.70% to grow to US$4,364.828 million by 2026, from US$3,164.097 million in 2019.
- Increasing beauty consciousness among women and men is one of the main reasons, expected to drive the electric shaver market growth during the forecast period.
- Taking advantage of this increasing demand for electric shavers, market players all around the world are undertaking strategic actions to further increase their foothold in the market.
- The electric shaver market is expected to experience substantial growth in the years ahead, backed by factors such as the increase in disposable income of consumers around the world.