Industry: Retail and Consumer | Publish Date: 10-Apr-2025 | No of Pages: 144 | No. of Tables: 110 | No. of Figures: 67 | Format: PDF | Report Code : RC2534
Trump Tariffs Are Reshaping Global Business
Russia Electric Shaver Market size was valued at USD 416.6 million in 2024, and is predicted to reach USD 536.0 million by 2030, at a CAGR of 3.8% from 2025 to 2030. In terms of volume the market size was 3002.3 thousand units in 2024 and is projected to reach 4331.4 thousand units in 2030, with a CAGR of 5.7% from 2025 to 2030.
The various factors such as rising urbanization and growing personal care and grooming sector are key factors driving the market's growth. Nevertheless, the ongoing war hinders the possible development of the industry. Contrary to this, the use of sustainable materials in electric shavers is expected to drive market demand as environmentally friendly consumers more and more opt for green products.
The increasing urbanization of Russia fuels the demand for the market because of the rising number of consumers who are looking for grooming products that suit their busy lives. With more individuals migrating to urban centers, their lives become busier and faster that enhances the demand for grooming products to save time. Electric shavers due to their efficiency and fast operation are ideally designed to service the needs of urban consumers who seek time-efficient grooming solutions.
According to the UN Population Division, Russia's urban population accounted for 108.36 million in 2023, pointing to the immense movement towards urban living. This population pattern urges manufacturers to come up with innovative electric shavers with more sophisticated technologies, making sure to address the increasing needs of contemporary consumers.
The increasing personal care and grooming market accelerates the need for electric razors nation-wide as customers demand effective and high-performance grooming products that fit their lifestyles.
The transition towards better and more efficient grooming products encourages manufacturers to develop electric shavers with enhanced features including longer battery life, precise blades and portable with ergonomic designs. As customers value time efficiency and high-quality grooming, such innovations are becoming the norm, indicating the increased relevance of electric razors and making them prime products in the nation's grooming industry.
The ongoing conflict in Russia interrupts the market for electric shavers by disrupting global supply chains and restricting the availability of materials like blades and components. Disruptions cause delays in manufacturing and product quality variations. Economic turmoil and geopolitical pressures also increase costs of production because raw materials, energy, and logistics are expensive.
The subsequent financial burden, along with lower consumer spending in times of uncertainty, restricts demand for products such as electric shavers. These factors in conjunction deter manufacturers from being able to have consistent product availability and quality, ultimately restricting the Russia electric shaver market expansion.
The use of sustainable materials in electric shavers is anticipated to drive market demand as environmentally friendly consumers more and more opt for green products. Shavers that use renewable materials, recyclable parts, and sustainable packaging are becoming the buyers' go-to option in the pursuit of sustainability.
For example, Braun uses only renewable energy to manufacture its Series 9 Pro shavers, while Philips employs renewable electricity to make blades and recycled paper to package them. Philips also gives an Eco Passport with every product, highlighting its environmentally friendly processes. These actions are expected to appeal to green consumers and drive brand loyalty.
The several key market players operating in Russia electric shaver industry includes Wahl Clipper Corporation, Andis Company, Koninklijke Philips N.V., Xiaomi Corporation, Spectrum Brands Inc. (Remington), Grundig, Moser, Babyliss Pro, Gillete (P&G), TPOB, Sencor, Zhejiang Runwe Electric Appliance Co., Ltd and others.
Rotary Shaver
Foil Shaver
Clippers and Trimmers
Beard Trimmers
Body Trimmers
Others
Battery Powered
Rechargeable/Cordless
Dry Electric Shavers
Wet and Dry Electric Shavers
Online
Offline
Men
Women
Wahl Clipper Corporation
Andis Company
Koninklijke Philips N.V.
Xiaomi Corporation
Spectrum Brands Inc. (Remington)
Grundig
Moser
Babyliss Pro
Gillete (P&G)
TPOB
Sencor
Zhejiang Runwe Electric Appliance Co., Ltd.
Parameters |
Details |
Market Size in 2024 |
USD 416.6 Million |
Revenue Forecast in 2030 |
USD 536.0 Million |
Growth Rate |
CAGR of 3.8% from 2025 to 2030 |
Market Volume in 2024 |
3002.3 thousand Units |
Volume Forecast in 2030 |
4331.4 thousand Units |
Growth Rate (Volume) |
CAGR of 5.7% from 2025 to 2030 |
Analysis Period |
2024–2030 |
Base Year Considered |
2025 |
Forecast Period |
2025–2030 |
Market Size Estimation |
Million (USD) |
Growth Factors |
|
Companies Profiled |
12 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |