The foil shavers are a common electric device that is used for shaving hair. The unwanted hair from the body is shaved off with an oscillating blade that is behind the metal guard. It is most efficient and convenient method of shaving. The foil shavers are used by both men and women. Men use the foil shavers to remove their facial hair, chest hair, leg hair, underarm hair, abdominal hair, etc. Women use them to remove their leg hair and the underarm hair.
Market Dynamics – North America Foil Shaver Market
The market has observed an enlarged shift in sales of grooming products from offline to online platforms. This is due to the increasing network of e-commerce across the North America. A host of discounts and bids offered online for such products has also benefited sales, thereby boosting the market. Customers can also compare and evaluate product prices and features on eCommerce sites in one place, thereby serving as a more convenient method of shopping.
ECONOMIC IMPACT OF COVID-19 ON NORTH AMERICA FOIL SHAVER MARKET
The exclusive COVID 19 impact analysis provides an analysis of micro and macro-economic factors on the North America foil shaver market. Also, complete analysis of changes on person care and cosmetic expenditure, economic and international policies on supply and demand side. The report also studies the impact of the pandemic on global economies, international trade, business investments, GDP, and marketing strategies of key players present in the market.
NORTH AMERICA FOIL SHAVER MARKET - SEGMENTAL OVERVIEW
The study analyses the global North America foil shaver market based on the application, distribution channel, and geography.
NORTH AMERICA FOIL SHAVER MARKET BY APPLICATION
The North America foil shaver market finds application in men and women. The men segment held a lion’s share in the market. The dominance of men segment can be attributed to the use of foil shaver by men in day-to-day life. Moreover, penetration of advanced techniques and products in barbering has given men a plethora of facial hair styling and grooming options.
NORTH AMERICA FOIL SHAVER MARKET BY DISTRIBUTION CHANNEL
The various distribution channels for the foil shaver market include hypermarket, retail stores, speciality stores, and online stores. The online store segment is anticipated to dominate the market share over the forecast period. This is owing to the growing network of e-commerce across the region. A host of discounts and offers available online for such products has also benefited sales, thereby boosting the market.
NORTH AMERICA FOIL SHAVER MARKET BY GEOGRAPHY
Geographically, the North America foil shaver market is studied across the countries like the United States, Canada, and Mexico. The U.S. is leading the North America foil shaver market followed by Canada. Owing to the presence of key player and growing acceptance of shaver due to covid restriction.
NORTH AMERICA FOIL SHAVER MARKET KEY PLAYERS
The key competitors of this market include Wahl Clipper Corporation, Panasonic Corporation, Koninklijke Philips N.V., Braun GmbH, Havells India Limited, Carrera (Safilo Group S.p.A), Conair Corporation (Jarden), Gamma+ LLC, Bevel (Walker and Company), Mangroomer, Mangroomer, Remington, Andis Company, Inc., and among others.
May 2019: Procter & Gamble Company introduced a heated razor that can warm itself and provide the pleasure of a hot towel with every stroke. With such technological advancements, Procter & Gamble Company tapped into a new base of consumers that are interested in technological advancements.
January 2017: P&G announced the launch of a new Braun Series 9 electric shaver worth $330 for the sale in the biggest market in the United States.