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Report Overview

The South Korea electric shaver industry is expected to grow at a CAGR of 3.50% between 2025 and 2034. Growing consumers' awareness and demand for grooming and hygiene-related products, along with the emergence of e-commerce platforms, are anticipated to drive the electric market growth in South Korea during the given forecast period.

2024

Base Year

2018-2024

Historical Period

2025-2034

Forecast Period

Compound Annual Growth Rate

3.5%

Value in USD Million

2025-2034


South Korea Electric Shaver Market Outlook

*this image is indicative*

south korea electric shaver market

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Key Trends in the South Korea Electric Shaver Market

An electric shaver is a gadget that uses electricity to shave. In addition to using batteries, newer electric shavers may incorporate a plug or adaptor. There have been several varieties of powered shavers produced over the years. A DC motor, which runs on batteries or mains power, could be used to propel the blades. Many electric shavers now use rechargeable batteries to power them. A solenoid powered by AC (alternate current) could also be used to power an electro-mechanical oscillator. The device is used to get rid of unwanted facial and bodily hair quickly and painlessly.

Growing Demand for Personal Care and Grooming Products, Along with Social Media Marketing

Appearance plays an important role in getting a job or setting a good first impression at any social gathering. For men, keeping a clean shaved face signifies sophistication, intelligence, and being hygienic. There is societal pressure on all genders to follow some norms in order to fit into society. Moreover, the beauty standards are high in South Korea, so in order to keep the skin moisturized, healthy, and wrinkle-free, people shave their facial hair and use several skincare products. This factor drives the demand for grooming products, thereby bolstering the electric shaver market in South Korea. High smartphone ownership and internet penetration further increase the usage of e-commerce and propels electric shavers market growth. Social media marketing and collaboration with influencers and celebrities motivate customers to try the same products as their idols.

The Growing Prevalence of E-commerce Platforms and Semiconductor Supply is Again Catching Pace in South Korea

The purchase of electric shavers and other grooming products has considerably bolstered online channels owing to busy lifestyles and longer working hours. The COVID-19 pandemic created numerous opportunities for e-commerce platforms and manufacturers to expand their sales overseas, along with South Korea. During the lockdown, there was a temporary halt in market growth due to the limited supply of semiconductors in the industry. Semiconductors have diverse industrial applications, especially in the electronic and automotive industries, which are now following a positive trajectory, helping the electric shaver market overcome shortage-related uncertainties, thus augmenting its growth in the South Korean market.

Opportunities and Challenges in South Korea Electric Shaver Market

Convenience and Cost-Effectiveness Attract the Young Population

Electric shavers run on rechargeable batteries. They are much easier and safer to use than mechanical shavers. In modern times, it comes in handy and saves a lot of time by giving faster and more precise results as it shaves the area quite quickly and minimises the chances of bruises, which makes them suitable for almost all skin types. Additionally, they deliver consistent shaving outcomes due to their automated set pattern. Because their blades move more swiftly and accurately, electric shavers result in smoother shaving. The demand for electric shavers is further driven by the growing interest in grooming, along with ease of access and affordability.
Increasing Disposable Incomes and Demand for Premium Electric Shavers Drive Market Expansion

The market size of Korea’s male grooming sector is growing at a steady pace. Considering the large market size and growing consumer demand, people are willing to spend their earnings on the premium-range electric shaver. Factors such as high disposable income and high living standards boost the purchase of such grooming products. These premium shavers have several features such as wireless fast charging, long battery backup, and nano steel precision blades, among others. Both males and females pay close attention to personal hygiene and outer appearance, which boosts the electric shaver market sales in South Korea.

Market Segmentation

"South Korea Electric Shaver Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:

Breakup by Type

  • Foil Shaver
  • Wet/Dry Shaver
  • Rotary Shaver

Breakup by Gender

  • Male
  • Female

south korea electric shaver market by segments

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Market Share by Type

The growth of the electric shaver market in South Korea is expected to be aided by the factors such as ease of use, affordability, and battery backup, among others. Wet shaving often offers the lowest risk of irritation and the closest shave, although dry shaving can be quicker and allows you to shave in any direction. Rotary shavers have the capability to offer a close, effective shave while making minimal noise. As well as providing a more comfortable and quieter experience, modern rotary technology offers the quality of a top-cutting shaver. A foil shaver, in contrast, has holes in the metal head similar to a Rotary Shaver and a blade that swings from left to right behind a foil guard. These detailed specifications cater to the varied demands of consumers and propel the research and development in the electric shaver industry.

Market Share by Gender

The growing prevalence of social media and e-commerce platforms has been playing a pivotal role in popularising electric shavers in South Korea. Korean beauty standards are now an important characteristic of Korean culture. Both genders go to extreme lengths to achieve the desired look and follow various beauty regimes to get perfectly flawless skin. The societal pressure to conform to expectations has made people focus on their appearance and has made it an important aspect in boosting self-esteem and employment rates. Both men and women use electric shavers due to their long-life span and recharging facility. However, the male consumer sector is anticipated to have a larger share of the market.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the South Korea electric shaver market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

Koninklijke Philips NV

Procter & Gamble (P&G) - Fast-moving consumer items are produced and marketed by Procter & Gamble (P&G). The firm sells a variety of goods, such as conditioners, surface cleaners, shaving cream, toothpaste, dishwashing solutions, shampoo, toothbrushes, detergents, and air fresheners. The company also sells diapers, toilet paper, Kleenex, paper towels, and wipes for babies. Head & Shoulders, Ariel, Tide, Olay, Pampers, Gillette, Pantene, and Braun are just a few of P&G's well-known brand names. The firm offers its goods through a variety of outlets, including pharmacies, department shops, specialised beauty retailers, high-frequency retailers, drugstores, membership clubs, and grocery stores. Europe, It operates commercially throughout Europe, Asia-Pacific, the Middle East, USA and Africa. The US city of Cincinnati, Ohio, serves as the headquarters of P&G.

Procter & Gamble (P&G)

Procter & Gamble (P&G) - Fast-moving consumer items are produced and marketed by Procter & Gamble (P&G). The firm sells a variety of goods, such as conditioners, surface cleaners, shaving cream, toothpaste, dishwashing solutions, shampoo, toothbrushes, detergents, and air fresheners. The company also sells diapers, toilet paper, Kleenex, paper towels, and wipes for babies. Head & Shoulders, Ariel, Tide, Olay, Pampers, Gillette, Pantene, and Braun are just a few of P&G's well-known brand names. The firm offers its goods through a variety of outlets, including pharmacies, department shops, specialised beauty retailers, high-frequency retailers, drugstores, membership clubs, and grocery stores. Europe, It operates commercially throughout Europe, Asia-Pacific, the Middle East, USA and Africa. The US city of Cincinnati, Ohio, serves as the headquarters of P&G.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3.50% between 2025 and 2034.

Ease of use, affordability, demand for premium electric shavers, rising disposable income, an appearance-conscious society, and improved standards of living are the major industry drivers.

Social media marketing, growing demand for personal care and grooming products, and the surge of e-commerce platforms are the key trends in South Korea electric shaver market.

The dominant type of electric shavers in the industry are foil shavers, wet and dry shavers, and rotary shavers.

The major players in the industry are Koninklijke Philips NV, Procter & Gamble Company (Braun), Panasonic Korea Co., Ltd., Zhejiang Runwe Electric Appliance Co., Ltd., Edgewell Personal Care Company, and Spectrum Brands, Inc. (Remington), among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Gender
Breakup by Type
  • Foil Shaver
  • Wet/Dry Shaver
  • Rotary Shaver
Breakup by Gender
  • Male
  • Female
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Koninklijke Philips NV
  • Procter & Gamble Company (Braun)
  • Panasonic Korea Co., Ltd.
  • Zhejiang Runwe Electric Appliance Co., Ltd.
  • Edgewell Personal Care Company
  • Spectrum Brands, Inc. (Remington)
  • Others

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