Asia Pacific Fabric Shavers Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.30 Billion |
| Market Size (2029) | USD 1.63 Billion |
| CAGR (2024 - 2029) | 4.67 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Asia Pacific Fabric Shavers Market Analysis
The Asia Pacific Fabric Shavers Market size is estimated at USD 1.30 billion in 2024, and is expected to reach USD 1.63 billion by 2029, growing at a CAGR of 4.67% during the forecast period (2024-2029).
The Asia Pacific region, with its expansive population and burgeoning textile industry, is a pivotal market for fabric shavers. The market for fabric shavers in the Asia Pacific region has been growing steadily due to increasing consumer awareness about garment care and maintenance. The rising disposable incomes and changing lifestyles have also contributed to the growth of this market. In the Asia Pacific region, consumers are becoming more conscious about the appearance and longevity of their garments. Fabric shavers offer a convenient solution for removing unsightly pills and lint, thereby extending the life of clothing items. As a result, there is a growing demand for fabric shavers among consumers.
The post-COVID-19 scenario of the Asia Pacific fabric shavers market is quite promising. As people are spending more time at home, there is a growing focus on maintaining and refreshing their clothing. This has led to an increased demand for fabric shavers in the region. Furthermore, as online shopping and e-commerce surge, fabric shaver manufacturers are actively seeking new distribution channels to broaden their reach. Overall, the market is adapting to the changing consumer needs and showing resilience in the post-COVID-19 era.
Asia Pacific Fabric Shavers Market Trends
Increase in Apparel Market in China
The fabric shavers market is witnessing a rapid revenue surge, propelled by China's expanding apparel sector. China has been the world's top apparel manufacturer and exporter for over a decade. In a bid to enhance consumers' online shopping journey, Chinese apparel retailers are actively embracing cutting-edge technologies. These innovations aim to provide a seamless and engaging shopping experience, which drives higher consumer satisfaction and loyalty. Notably, China stands out for its employment contributions, foreign exchange earnings, and allure to the apparel industry. This appeal is further underscored by the nation's substantial population of digitally-inclined youth. The younger demographic in China increasingly relies on digital solutions for their shopping needs, making integrating advanced technologies in the retail sector even more crucial. This trend is expected to continue, further boosting the growth of the fabric shavers market.
Growing Fabric Shavers Market in India
The increasing sales of fabric shavers significantly drive the fabric shavers market in India. E-commerce platforms have streamlined the process, allowing consumers to conveniently browse and purchase various products, such as fabric shavers, all from the comfort of their homes. This accessibility and convenience are contributing to the overall growth of the fabric shavers market. E-commerce platforms offer a broader selection of fabric shavers than physical retail stores. Consumers can choose from various brands, models, and price ranges, giving them more options to find the fabric shaver that suits their needs and preferences. The availability of a diverse product range is helping to expand the market by catering to different consumer preferences.
Asia Pacific Fabric Shavers Industry Overview
The Asia Pacific Fabric Shavers Market is fragmented, with many players. The report covers significant manufacturers and Asia-Pacific players operating in the Asia-Pacific Fabric Shavers Market. Major Players include Philips, Xiaomi, Panasonic, Conair, and Flyco. However, mid-size to smaller companies are increasing their market presence with technological advancement and product innovation.
Asia Pacific Fabric Shavers Market Leaders
-
Philips
-
Xiaomi
-
Panasonic
-
Conair
-
Flyco
*Disclaimer: Major Players sorted in no particular order
Asia Pacific Fabric Shavers Market News
- In February 2024, Philips unveiled the GC026/80 Fabric Pill Remover, a Battery-Operated Fabric Shaver, designed to effectively remove fabric pills from garments and upholstery.
- In February 2023, Sahjanand Households introduced a portable lint remover crafted from Indian-made plastic. This product aims to provide a convenient solution for removing lint from clothing and fabrics, emphasizing the company's commitment to quality and innovation in household products.
Asia Pacific 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 AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Fashion Consciousness is Driving the Market
4.2.2 Changes in Fabric Trends is Driving the Market
4.3 Market Restraints
4.3.1 Lack of Awareness on the Product is Restraining the Market
4.3.2 High Competition among Manufacturers and Retailers of Lint Removers
4.4 Market Opportunities
4.4.1 Collaborating with Fashion Brands Can Create Opportunity
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights of Technology Innovations in the Market
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Handheld Fabric Shavers
5.1.2 Electric Fabric Shavers
5.1.3 Battery-Operated Fabric Shavers
5.2 By End-Users
5.2.1 Residential
5.2.2 Commercial
5.3 By Distribution Channel
5.3.1 Hypermarkets/Supermarkets
5.3.2 Specialty Stores
5.3.3 Online Stores
5.3.4 Multi-Branded Stores
5.3.5 Independent Small Stores
5.4 By Geography
5.4.1 India
5.4.2 China
5.4.3 Japan
5.4.4 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Philips
6.2.2 Panasonic
6.2.3 Xiaomi
6.2.4 Conair
6.2.5 Flyco
6.2.6 Kemei
6.2.7 Pritech
6.2.8 Tescom
6.2.9 Novita
6.2.10 Andis*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Asia Pacific Fabric Shavers Industry Segmentation
A fabric shaver, an electric device, aids in removing lint, fuzz, and pilling from clothing. Our report delves into a comprehensive analysis of the Asia Pacific fabric shavers market. It highlights emerging trends, segment-wise, significant shifts in market dynamics, and offers a detailed market overview. The report also offers profiles of key players operating in the market. The Asia Pacific fabric shavers market is segmented by product type, which includes handheld fabric shavers, electric fabric shavers, and battery-operated fabric shavers; by end users, which include residential and commercial; by distribution channels, including hypermarkets/supermarkets, specialty stores, multi-branded stores, online stores, and independent small stores, and by geography which includes India, China, Japan, and rest of Asia-Pacific. The report offers market size and forecasts for the Asia-Pacific fabric shavers market in terms of revenue (USD) for all the above segments.
| By Product Type | |
| Handheld Fabric Shavers | |
| Electric Fabric Shavers | |
| Battery-Operated Fabric Shavers |
| By End-Users | |
| Residential | |
| Commercial |
| By Distribution Channel | |
| Hypermarkets/Supermarkets | |
| Specialty Stores | |
| Online Stores | |
| Multi-Branded Stores | |
| Independent Small Stores |
| By Geography | |
| India | |
| China | |
| Japan | |
| Rest of Asia-Pacific |
Asia Pacific Fabric Shavers Market Research FAQs
How big is the Asia Pacific Fabric Shavers Market?
The Asia Pacific Fabric Shavers Market size is expected to reach USD 1.30 billion in 2024 and grow at a CAGR of 4.67% to reach USD 1.63 billion by 2029.
What is the current Asia Pacific Fabric Shavers Market size?
In 2024, the Asia Pacific Fabric Shavers Market size is expected to reach USD 1.30 billion.
Who are the key players in Asia Pacific Fabric Shavers Market?
Philips, Xiaomi, Panasonic, Conair and Flyco are the major companies operating in the Asia Pacific Fabric Shavers Market.
What years does this Asia Pacific Fabric Shavers Market cover, and what was the market size in 2023?
In 2023, the Asia Pacific Fabric Shavers Market size was estimated at USD 1.24 billion. The report covers the Asia Pacific Fabric Shavers Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Asia Pacific Fabric Shavers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia Pacific Fabric Shavers Industry Report
Statistics for the 2024 Asia Pacific Fabric Shavers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Fabric Shavers analysis includes a market forecast outlook for 2024 to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Asia Pacific Fabric Shavers Market Report Snapshots
