Global Fabric Shaver Market Overview
The Fabric Shaver Market Size was estimated at 1.65 (USD Billion) in 2022.The Fabric Shaver Industry is expected to grow from 1.76(USD Billion) in 2023 to 3.12 (USD Billion) by 2032. The Fabric Shaver Market CAGR (growth rate) is expected to be around 6.6% during the forecast period (2024 - 2032).
Key Fabric Shaver Market Trends Highlighted
The fabric shaver market is experiencing significant growth due to increasing demand for efficient fabric care solutions. The rising popularity of sustainable fashion and the need for maintaining the longevity of garments are key drivers of this market.Opportunities exist in the development of innovative technologies that enhance fabric shaver performance, such as advanced sensor systems and self-cleaning mechanisms. The integration of smart features, including connectivity and remote control, provides convenience and enhances user experience.Recent trends indicate a growing preference for cordless and handheld fabric shavers due to their portability and ease of use. Environmental concerns are shaping market dynamics, with manufacturers focusing on sustainable materials and energy-efficient designs. The growing popularity of online shopping and the availability of a wide range of brands and models are further driving market expansion.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Fabric Shaver Market Drivers
Rising demand for sustainable and eco-friendly products
The demand for sustainable and eco-friendly products has increased as consumers become more environmentally conscious. [A fabric shaver], for example, is a sustainable way to remove lint and pills from clothing, making it unnecessary to purchase new clothes. In the years to come, this trend is expected to have a positive impact on the Fabric Shaver Market Industry.
Increasing disposable income and changing lifestyles
Growing disposable income and changing lifestyles have resulted in higher expenditure of consumers on personal care and home appliances. Consumers are more likely to invest their money in products that make their life easier and more comfortable. Fabric shavers fall into this category, as they do save time and efforts of consumers to provide proper clothes care.
Technological advancements and product innovation
Technological advancements and product innovation are also driving the growth of the Fabric Shaver Market Industry. Manufacturers are constantly developing new and improved fabric shavers with features such as adjustable settings, cordless operation, and built-in lint collectors. These innovations make fabric shavers more user-friendly and effective, which is attracting more consumers to the market.
Fabric Shaver Market Segment Insights
Fabric Shaver Market Product Type Insights
The Fabric Shaver Market is separated into electric fabric shavers, manual fabric shavers, and battery-operated fabric shavers by product type. In 2023, the electric fabric shavers segment accounted for around 60% of the total manifold market share and is expected to retain its position over the projected period. It is also anticipated that the electric fabric shaver segment will experience a strong compound annual growth rate value. This rapid growth is attributed to the strong demand for fast and efficient fabric care solutions. Electric fabric shavers provide an expedient and easy way of eliminating any lint, fuzz, and pills from fabrics.With their powerful motorized shaving heads, electric tools can provide the most effective results. They are widely utilized in both commercial and residential establishments. The manual fabric shavers segment is projected to garner a steady CAGR value and is expected to account for the second-largest market share. The slow growth might be due to the affordability of traditional shavers, which are less costly than electric fabric tools. The lack of need for batteries or electricity also increases the popularity of this type of product. The manifold market share of the battery-operated fabric shavers segment is expected to surge, as it is projected to garner a strong CAGR value.The steady growth is due to the popular use of battery-operated fabric shavers in areas where the user does not have consistent access to electricity. As they do not have a power cord, the users can safely use battery-operated fabric shavers anywhere. They are also popular amongst domestic and international travelers, as they can easily slide into a packed suitcase. Contributions to the manifold market growth include the availability of efficient and expedient fabric care solutions and the continuous increase in the average consumer’s disposable income.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Fabric Shaver Market Application Insights
The Fabric Shaver Market segmentation by application is categorized into Household, Commercial, and Industrial. The Household segment held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period. The rising demand for fabric shavers in households for removing lint, fuzz, and pills from clothing, upholstery, and other fabrics is driving the growth of this segment. The Commercial segment is projected to witness significant growth over the forecast period due to the increasing adoption of fabric shavers in hotels, restaurants, and other commercial establishments to maintain a professional and clean appearance.The Industrial segment is expected to grow at a steady pace, driven by the use of fabric shavers in the textile industry to remove imperfections and improve fabric quality. Overall, the Fabric Shaver Market is expected to witness robust growth in the coming years, with increasing demand from various applications.
Fabric Shaver Market Material Insights
The Material segment of the Fabric Shaver Market is categorized into plastic, metal, ceramic, and wood. Plastic holds the largest market share due to its affordability, durability, and lightweight properties. In 2023, the plastic segment was valued at USD 1.05 billion and is projected to grow at a CAGR of 6.2% from 2023 to 2032. Metal fabric shavers are preferred for their durability and efficiency, while ceramic fabric shavers are gaining popularity due to their non-abrasive nature. Wood fabric shavers, though less common, offer a sustainable and eco-friendly option.The Fabric Shaver Market is expected to reach USD 3.12 billion by 2032, driven by increasing consumer demand for fabric care and maintenance solutions.
Fabric Shaver Market Blade Type Insights
The Fabric Shaver Market segmentation by Blade Type includes Rotary Blades, Oscillating Blades, and Fixed Blades. Rotary Blades held the largest market share in 2023, and it is expected to continue its dominance during the forecast period. The high adoption of rotary blades can be attributed to their efficiency in removing fabric pills and lint, along with their ability to handle delicate fabrics. Oscillating Blades are projected to witness the fastest growth during the forecast period, owing to their ability to handle a wide range of fabrics and their durability.Fixed Blades offer a cost-effective solution for fabric shaving, making them popular in the budget-conscious segment. The Fabric Shaver Market revenue from Rotary Blades is expected to reach USD X million in 2024, while Oscillating Blades and Fixed Blades are projected to generate revenues of USD Y million and USD Z million, respectively.
Fabric Shaver Market Power Source Insights
The Fabric Shaver Market industry is segmented by Power Source into AC Power, DC Power, and Battery. The AC Power segment held the largest market share in 2023, accounting for over 55% of the Fabric Shaver Market revenue. The DC Power segment is projected to grow at the highest CAGR during the forecast period, owing to the increasing adoption of cordless fabric shavers. Battery-powered fabric shavers are expected to gain traction in the coming years due to their portability and convenience. The Fabric Shaver Market segmentation provides valuable data and insights for market players to strategize their product development and marketing efforts.
Fabric Shaver Market Regional Insights
The regional segmentation of the Fabric Shaver Market offers valuable insights into the geographical distribution of market growth and opportunities. North America holds a significant share of the market, driven by the presence of major players, high disposable income, and a growing consumer base. In 2023, the regional market was valued at approximately 0.67 USD billion and is projected to reach 1.12 USD billion by 2032, exhibiting a CAGR of 6.2%. Europe is another key region characterized by a mature market with established players and a strong demand for fabric shavers in both commercial and residential settings.The region's market size was estimated at 0.51 USD billion in 2023 and is anticipated to expand to 0.87 USD billion by 2032, registering a CAGR of 6.4%. APAC is the fastest-growing region, fueled by the rising middle class, increasing urbanization, and growing awareness about fabric care. The regional market was valued at 0.39 USD billion in 2023 and is projected to reach 0.81 USD billion by 2032, exhibiting a CAGR of 8.2%. South America and MEA are relatively smaller markets, but they offer significant growth potential due to increasing consumer spending and the introduction of new products tailored to local preferences.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Fabric Shaver Market Key Players And Competitive Insights
Major players in the Fabric Shaver Market industry are constantly innovating and developing new products to meet the changing needs of consumers. Leading Fabric Shaver Market players are investing heavily in research and development to stay ahead of the competition. The Fabric Shaver Market is expected to witness significant growth in the coming years, due to the increasing demand for fabric care products. The competitive landscape of the Fabric Shaver Market is expected to remain fragmented, with a number of small and medium-sized players competing for market share. However, the leading players are expected to continue to dominate the market due to their strong brand recognition and distribution networks.A leading company in the Fabric Shaver Market is Conair Corporation. The company offers a wide range of fabric shavers, including both manual and electric models. Conair Corporation's fabric shavers are known for their high quality and durability. The company also offers a variety of other home appliance products, such as hair dryers, curling irons, and vacuum cleaners. Conair Corporation has a strong distribution network, with its products being sold in over 100 countries. The company's strong brand recognition and distribution network are expected to continue to drive its success in the Fabric Shaver Market.A competitor in the Fabric Shaver Market is Procter & Gamble. The company offers a range of fabric shavers under the Gillette brand. Procter & Gamble's fabric shavers are known for their affordability and ease of use. The company also offers a variety of other home care products, such as laundry detergents, dish soap, and air fresheners. Procter & Gamble has a strong distribution network, with its products being sold in over 180 countries. The company's strong brand recognition and distribution network are expected to continue to drive its success in the Fabric Shaver Market.
Key Companies in the Fabric Shaver Market Include
-
Black+Decker
-
Spectrum Brands
-
Honeywell
-
Conair
-
Eureka
-
Dyson
-
Rowenta
-
SharkNinja
-
Philips
-
Remington
-
Braun
-
Panasonic
-
Helen of Troy
-
Wahl
-
Procter Gamble
Fabric Shaver Market Industry Developments
The Fabric Shaver Market is projected to grow from USD 1.76 billion in 2023 to USD 3.12 billion by 2032, at a CAGR of 6.6%. The market is driven by factors such as rising disposable income, increasing demand for personal grooming products, and growing awareness about fabric care. The Asia-Pacific region is expected to be the fastest-growing market, owing to the presence of a large population base and rising urbanization. Key players in the market include Conair Corporation, Wahl Clipper Corporation, and Panasonic Corporation. Recent developments in the market include the launch of new products with advanced features, such as adjustable settings and ergonomic designs. Additionally, there is a growing trend towards sustainable fabric shavers, made from recycled materials and with energy-efficient designs.
Fabric Shaver Market Segmentation Insights
Fabric Shaver Market Product Type Outlook
Fabric Shaver Market Application Outlook
-
Household
-
Commercial
-
Industrial
Fabric Shaver Market Material Outlook
-
Plastic
-
Metal
-
Ceramic
-
Wood
Fabric Shaver Market Blade Type Outlook
-
Rotary Blades
-
Oscillating Blades
-
Fixed Blades
Fabric Shaver Market Power Source Outlook
-
AC Power
-
DC Power
-
Battery
Fabric Shaver Market Regional Outlook
-
North America
-
Europe
-
South America
-
Asia Pacific
-
Middle East and Africa
Fabric Shaver Market Report Scope
| Report Attribute/Metric |
Details |
| Market Size 2022 |
1.65(USD Billion) |
| Market Size 2023 |
1.76(USD Billion) |
| Market Size 2032 |
3.12(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
6.6% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Black+Decker, Spectrum Brands, Honeywell, Conair, Eureka, Dyson, Rowenta, SharkNinja, Philips, Remington, Braun, Panasonic, Helen of Troy, Wahl, Procter Gamble |
| Segments Covered |
Product Type, Application, Material, Blade Type, Power Source, Regional |
| Key Market Opportunities |
1 Growing Demand for Sustainable Clothing Care2 Technological Advancements Enhancing Product Performance3 Rising Popularity of ECommerce Platforms4 Increasing Personalization of Shaving Devices5 Expansion into Emerging Markets |
| Key Market Dynamics |
Rising consumer demand for fabric care appliancesTechnological advancements enhance product efficiency.Growth in ecommerce platforms expanding market reach.Increasing use of synthetic fabrics in clothing and home textilesRising disposable income in developing economies |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Fabric Shaver Market size was valued at USD 1.76 billion in 2023 and is projected to grow at a CAGR of 6.6% to reach USD 3.12 billion by 2032.
North America is expected to dominate the Fabric Shaver Market with a market share of 35.2% in 2023, owing to the high demand for fabric shavers in the region.
The key application of fabric shavers is to remove lint, fuzz, and pilling from fabrics, restoring their appearance and extending their lifespan.
Key competitors in the Fabric Shaver Market include Conair Corporation, Procter Gamble, Spectrum Brands Holdings, and Helen of Troy Limited.
Factors driving the growth of the Fabric Shaver Market include increasing consumer awareness about fabric care, rising disposable income, and the growing popularity of online shopping.
The COVID-19 pandemic led to a temporary decline in the demand for fabric shavers due to lockdowns and reduced consumer spending. However, the market is expected to recover as economic activities resume.
Challenges faced by the Fabric Shaver Market include intense competition, the availability of low-cost alternatives, and technological advancements that may lead to the development of more efficient fabric care devices.
Key trends in the Fabric Shaver Market include the adoption of cordless and rechargeable fabric shavers, the integration of advanced features such as adjustable settings and fabric sensors, and the growing demand for eco-friendly fabric shavers.
The future outlook of the Fabric Shaver Market is positive, with the market projected to grow at a steady pace over the next decade. Factors such as rising consumer awareness about fabric care, increasing disposable income, and the growing popularity of online shopping are expected to drive the market's growth.
Potential opportunities in the Fabric Shaver Market include the expansion into emerging markets, the development of innovative fabric shaver designs, and the integration of smart features to enhance user convenience.
