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Shavers Market Size, Opportunities, Trends, Products, Revenue Analysis 2030
source link: https://www.emergenresearch.com/industry-report/shavers-market
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The shavers market size was USD 6.85 Billion in 2021 and is expected to register a revenue CAGR of 5.6% during the forecast period, according to the latest analysis by Emergen Research. Increasing number of parlors and salons across the globe and rising demand for private label brands are key factors driving growth of the market. Recently, the shavers market has seen a considerable surge in demand for private-label goods in industrialized nations. Private-label companies have benefited from robust economic conditions in industrialized countries, particularly when it comes to food products and everyday consumer goods such as shavers. To provide customers with more discounts, supermarkets are slashing profit margins of shaving items from organized manufacturers and on the other hand, they are also expanding their own brands portfolio.
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