Europe Fabric Shavers Market Size
| Study Period | 2020-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 6.34 Billion |
| Market Size (2029) | USD 8.35 Billion |
| CAGR (2024 - 2029) | 5.67 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Fabric Shavers Market Analysis
The Europe Fabric Shavers Market size is estimated at USD 6.34 billion in 2024, and is expected to reach USD 8.35 billion by 2029, growing at a CAGR of 5.67% during the forecast period (2024-2029).
The increasing focus on sustainable fashion and the desire to extend the life of clothing are major factors in the increasing demand for fabric-shaving devices. Fabric shavers play an essential role in enabling consumers to maintain and preserve their clothing, thus reducing the need to purchase new garments frequently. Manufacturers continually invest in improving the design and functionality of electric fabric shaving devices, resulting in more advanced models with adjustable settings, rechargeable batteries, and ergonomic designs, further enhancing their convenience and effectiveness.
The fabric shaver market is expected to experience significant growth due to the ongoing expansion of e-commerce, as well as the expansion of online shopping platforms. Consumers who shop online for their clothing are more likely to purchase electric fabric shavers to protect and maintain the condition of their fabric. Features such as longer battery life, improved motor performance, and smart connectivity will likely attract consumers and contribute to the market's growth. Additionally, as new fabric materials and blends become available, the electrical fabric shaver industry will need to adjust to meet the demands of these materials. Blade design and fabric sensor technologies are expected to take on greater importance as key selling points.
Electric shavers account for most of the revenue since they have a higher price point and are becoming more and more popular compared to disposable shavers. The electric fabric shaver market is primarily driven by the growing demand for the product from households, hotels and commercial establishments. Additionally, the growth of the market is supported by the increasing recognition of the environmental benefits associated with the use of the electric fabric shaver.
Europe Fabric Shavers Market Trends
Fashion Trends are Constantly Changing and Online Shopping Is on The Rise.
The emergence of e-commerce and the increasing popularity of online shopping have significantly impacted the electric fabric shaver market. With the convenience of online shopping, there is a greater need for products that help to preserve the quality of one's purchases, and electric fabric shavers have emerged as an essential tool in this regard. With the emergence of online marketplaces and e-commerce platforms, how people shop for apparel and textiles has changed drastically.
Consumers can now browse and purchase a vast array of products from the convenience of their homes and can access global fashion trends with a few clicks. Despite the detailed product descriptions and pictures, garments may arrive with minor flaws or signs of wear. Electric fabric shavers provide a fast and effective way to restore them to their original condition.
The Internet has revolutionized the fashion industry by allowing designers and fashion houses worldwide to reach a wider audience. This has resulted in an explosion of fashion brands and an ever-growing number of consumers. The Internet has also enabled fashion brands to interact with consumers in new and innovative ways, such as through social media, digital advertising, and online shopping. One of the biggest effects of the Internet on the fashion industry is the growth of online fashion retailers.
Sustainable Fashion is on The Rise in the United Kingdom
Sustainable fashion is on the rise and the fashion industry in the UK is tackling the environmental cost of the sector. From the high street to the catwalk, creative solutions will benefit the planet and collections. One of the best ways to reduce the environmental impact of fashion is to extend the life of clothes, which is further increasing the need for fabric shavers.
The sustainable fashion industry in the UK has a significant environmental and economic impact. Sustainable fashion is the practice of producing clothing ethically and sustainably, with a focus on waste reduction and minimizing carbon emissions. Sustainable fashion brands and manufacturers in the UK are some of the world鈥檚 leading brands and manufacturers in terms of sustainable materials, carbon footprint reduction, fair labor practices, and more.
The UK sustainable fashion sector is one of the fastest growing in the world, with an annual export value of more than USD 11 billion. The UK is the second largest producer of sustainable fashion in the world.
Europe Fabric Shavers Industry Overview
The Europe fabric shavers market is fragmented moderately. The leading players in this market are Philips n.v., Conair Corporation, Remington Products Company, Pritech Industrial Company Limited, and Xiaomi Corporation. Large companies are still present in this market but do not have regular transportation, and they face labor shortages when working in remote locations.
Europe Fabric Shavers Market Leaders
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Philips N.V.
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Conair Corporation
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Remington Products Company
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Pritech Industrial Company Limited
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Xiaomi Corporation
*Disclaimer: Major Players sorted in no particular order
Europe Fabric Shavers Market News
- August 2023: Royal Philips, a global leader in health technology, and Exor N.V., the Netherlands-based diversified holding company, announced they have entered into a relationship agreement, as a result of which Exor has bought a 15% shareholding in Philips. This investment by Exor is fully supportive of Philips鈥� leadership, strategy, and value creation potential and provides for Exor to nominate one member to the Supervisory Board of Philips.
- January 2022: Piovan Group has completed its acquisition of IPEG Inc., comprised of the four brands Conair, Thermal Care, Pelletron, and Republic Machine. With a workforce of more than 1,800 employees, 14 production facilities, and 41 service and sales organizations, the new combined group reinforces its global leadership in the plastic and food industrial automation sectors.
Europe Fabric Shavers Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Smart Electric Fabric Shavers Driving the Demand
4.2.2 Sustainable and Eco-Friendly Design
4.3 Market Restraints
4.3.1 Competition from Alternative Fabric Care Methods
4.4 Market Opportunities
4.4.1 Growing Awareness of the Importance of Fabric Care
4.5 Value Chain / Supply Chain Analysis
4.6 Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
4.7 Insights into Technological Advancements in Fabric Shavers Market
4.8 Insights on COVID-19 on the Industry
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Manual
5.1.2 Electric
5.2 By Distribution Channel
5.2.1 Supermarkets/Hypermarkets
5.2.2 Specialty Stores
5.2.3 Online
5.2.4 Others
5.3 By Geography
5.3.1 UK
5.3.2 France
5.3.3 Germany
5.3.4 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions
6.2 Company Profiles
6.2.1 Philips N.V.
6.2.2 Conair Corporation
6.2.3 Remington Products Company
6.2.4 Pritech Industrial Company Limited
6.2.5 Xiaomi Corporation
6.2.6 BSH Hausgerate GmbH
6.2.7 Gorenje Group
6.2.8 Electrolux AB
6.2.9 Dyson Ltd
6.2.10 Miele*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Europe Fabric Shavers Industry Segmentation
A fabric shaver, also referred to as a Lint Shaver or Fuzz Remover, is an electrical handheld device equipped with a rotating blade beneath a blade net, enabling users to effectively remove lint and pills from a piece of fabric without causing any harm to the fabric. The Europe fabric shavers market is segmented by type (manual and electric), by distribution channel (supermarkets/hypermarkets, specialty stores, online, and other distribution channels), and by geography (United Kingdom, France, Germany, and the Rest of Europe). The report offers market size and forecast of europe fabric shavers market for all the above segments in value (USD).
| By Type | |
| Manual | |
| Electric |
| By Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Specialty Stores | |
| Online | |
| Others |
| By Geography | |
| UK | |
| France | |
| Germany | |
| Rest of Europe |
Europe Fabric Shavers Market Research FAQs
How big is the Europe Fabric Shavers Market?
The Europe Fabric Shavers Market size is expected to reach USD 6.34 billion in 2024 and grow at a CAGR of 5.67% to reach USD 8.35 billion by 2029.
What is the current Europe Fabric Shavers Market size?
In 2024, the Europe Fabric Shavers Market size is expected to reach USD 6.34 billion.
Who are the key players in Europe Fabric Shavers Market?
Philips N.V., Conair Corporation, Remington Products Company, Pritech Industrial Company Limited and Xiaomi Corporation are the major companies operating in the Europe Fabric Shavers Market.
What years does this Europe Fabric Shavers Market cover, and what was the market size in 2023?
In 2023, the Europe Fabric Shavers Market size was estimated at USD 5.98 billion. The report covers the Europe Fabric Shavers Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe Fabric Shavers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Fabric Shavers Industry Report
Statistics for the 2024 Europe Fabric Shavers market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Europe Fabric Shavers analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
