Market Size of Asia Pacific Fabric Shavers Industry
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 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 Size Summary
The Asia Pacific Fabric Shavers Market is experiencing steady growth, driven by increasing consumer awareness about garment care and maintenance. The region's expansive population and burgeoning textile industry make it a pivotal market for fabric shavers. As disposable incomes rise and lifestyles evolve, consumers are becoming more conscious of their garments' appearance and longevity. Fabric shavers offer a convenient solution for removing pills and lint, thereby extending clothing life. The post-COVID-19 scenario is promising, with more time spent at home leading to a focus on maintaining and refreshing clothing. The surge in online shopping and e-commerce has prompted manufacturers to explore new distribution channels, adapting to changing consumer needs and demonstrating resilience in the post-pandemic era.
China's expanding apparel sector significantly propels the fabric shavers market, with the country being a leading apparel manufacturer and exporter. Chinese retailers are embracing advanced technologies to enhance the online shopping experience, driving consumer satisfaction and loyalty. The digitally-inclined youth demographic in China further boosts market growth by relying on digital solutions for shopping. In India, the market is driven by increased sales facilitated by e-commerce platforms, offering consumers a broad selection of fabric shavers. The market is fragmented, with major players like Philips, Xiaomi, Panasonic, Conair, and Flyco, alongside mid-size and smaller companies innovating and advancing technology to increase their presence.
Asia Pacific Fabric Shavers Market Size - Table of Contents
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1. MARKET DYNAMICS AND INSIGHTS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Fashion Consciousness is Driving the Market
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1.2.2 Changes in Fabric Trends is Driving the Market
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1.3 Market Restraints
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1.3.1 Lack of Awareness on the Product is Restraining the Market
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1.3.2 High Competition among Manufacturers and Retailers of Lint Removers
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1.4 Market Opportunities
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1.4.1 Collaborating with Fashion Brands Can Create Opportunity
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1.5 Industry Attractiveness - Porter's Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitutes
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1.5.5 Intensity of Competitive Rivalry
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1.6 Insights of Technology Innovations in the Market
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1.7 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Handheld Fabric Shavers
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2.1.2 Electric Fabric Shavers
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2.1.3 Battery-Operated Fabric Shavers
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2.2 By End-Users
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2.2.1 Residential
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2.2.2 Commercial
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2.3 By Distribution Channel
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2.3.1 Hypermarkets/Supermarkets
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2.3.2 Specialty Stores
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2.3.3 Online Stores
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2.3.4 Multi-Branded Stores
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2.3.5 Independent Small Stores
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2.4 By Geography
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2.4.1 India
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2.4.2 China
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2.4.3 Japan
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2.4.4 Rest of Asia-Pacific
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Asia Pacific Fabric Shavers Market Size 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.