Tools commonly used in the Shavers-Electric (Wholesale) industry for day-to-day tasks and operations.

• Electric shaver cleaning brush
• Replacement blades
• Shaver lubricant spray
• Shaver carrying case
• Shaver charging cord
• Shaver cleaning solution
• Shaver protective cap
• Shaver travel case
• Shaver stand
• Shaver oil

Common products and services typical of NAICS Code 423620-28, illustrating the main business activities and contributions to the market.

• Foil shavers
• Rotary shavers
• Wet/dry shavers
• Cordless shavers
• Rechargeable shavers
• Travel shavers
• Beard trimmers
• Hair clippers
• Nose hair trimmers
• Body groomers

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• FCC Certification: The Federal Communications Commission (FCC) certification is required for all electronic devices that emit radio frequency energy. This certification ensures that the device meets the FCC's technical standards and is safe for use. The certification is provided by the FCC.
• UL Certification: The Underwriters Laboratories (UL) certification is a safety certification that ensures that the product meets the safety standards set by UL. This certification is required for all electrical products sold in the US. The certification is provided by UL.
• CE Marking: The CE marking is a certification that indicates that the product meets the safety, health, and environmental protection standards set by the European Union. This certification is required for all products sold in the European Union. The certification is provided by the manufacturer.
• Rohs Compliance: The Restriction of Hazardous Substances (RoHS) compliance certification ensures that the product does not contain any hazardous substances that are harmful to the environment or human health. This certification is required for all electronic products sold in the European Union. The certification is provided by the manufacturer.
• ISO 9001 Certification: The ISO 9001 certification is a quality management certification that ensures that the product meets the quality standards set by the International Organization for Standardization (ISO). This certification is not specific to the industry but is a general certification that can be applied to any industry. The certification is provided by the ISO.

A concise historical narrative of NAICS Code 423620-28 covering global milestones and recent developments within the United States.

• The electric shaver was invented in the early 20th century, and the first electric razor was patented in 1928 by Jacob Schick. The electric shaver industry grew rapidly in the 1950s and 1960s, as more and more men began to use electric shavers instead of traditional razors. In recent years, the industry has seen advancements in technology, such as the development of wet/dry shavers that can be used in the shower, and the introduction of shavers with multiple blades for a closer shave. In the United States, the electric shaver industry has been dominated by brands such as Philips Norelco, Braun, and Panasonic. The industry has also seen the rise of direct-to-consumer brands such as Harry's and Dollar Shave Club, which offer subscription-based services for razor blades. Overall, the electric shaver industry has remained a popular choice for men who want a quick and convenient way to shave without the hassle of traditional razors.

The anticipated future trajectory of the NAICS 423620-28 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Shavers-Electric (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for electric shavers and other personal grooming products. The rise in disposable income and the growing awareness of personal grooming among men and women are the major factors driving the growth of the industry. The industry is also expected to benefit from the increasing popularity of online shopping, which makes it easier for consumers to purchase electric shavers and other grooming products. However, the industry may face challenges due to the increasing competition from new entrants and the growing popularity of alternative grooming methods such as waxing and laser hair removal.

Recent groundbreaking advancements and milestones in the Shavers-Electric (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Philips Norelco Oneblade: A revolutionary electric shaver that can trim, edge, and shave any length of hair. It has a unique blade technology that cuts hair without pulling or tugging, making it ideal for sensitive skin.
• Braun Series 9: A premium electric shaver that uses advanced technology to provide a close and comfortable shave. It has a flexible head that adapts to the contours of the face, and a powerful motor that can handle even the thickest beards.
• Panasonic Arc5: A high-performance electric shaver that uses five ultra-sharp blades to provide a smooth and efficient shave. It has a powerful motor that can deliver up to 70,000 cross-cutting actions per minute, making it one of the fastest shavers on the market.
• Gillettelabs Heated Razor: A unique razor that uses heat to provide a comfortable and luxurious shaving experience. It has a warming bar that heats up in less than a second, and can maintain a consistent temperature throughout the shave.
• Wahl Lithium Ion+: A versatile electric shaver that can be used for both shaving and trimming. It has a powerful motor that can deliver up to 3 hours of run time on a single charge, making it ideal for travel and on-the-go grooming.

This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Shavers-Electric (Wholesale) industry. It highlights the primary inputs that Shavers-Electric (Wholesale) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Equipment

Battery Packs: Rechargeable batteries that power electric shavers, essential for ensuring that the devices remain functional and convenient for users.

Charging Stations: Devices that allow electric shavers to recharge, crucial for maintaining the usability and convenience of the shavers sold to consumers.

Cleaning Brushes: Tools designed to help users maintain their electric shavers by removing hair and debris, which is important for hygiene and optimal performance.

Display Stands: Retail fixtures that showcase electric shavers in stores, helping to attract consumer attention and facilitate sales.

Electric Shaver Models: Various models of electric shavers that wholesalers distribute to retailers, including options like foil and rotary shavers, which cater to different consumer preferences.

Replacement Blades: Essential components that need to be replaced periodically to maintain the performance and efficiency of electric shavers, ensuring customer satisfaction.

Testing Equipment: Tools used to test the performance and safety of electric shavers before they are distributed, ensuring compliance with industry standards.

Travel Cases: Protective cases that provide safe storage and transport for electric shavers, appealing to consumers who travel frequently.

Material

Lubricating Oil: A necessary product used to maintain the moving parts of electric shavers, ensuring smooth operation and prolonging the lifespan of the devices.

Packaging Materials: High-quality packaging that protects electric shavers during transport and enhances their presentation on retail shelves.

Safety Features: Components such as safety locks and protective caps that enhance the safety of electric shavers, making them more appealing to consumers.

User Manuals: Instructional guides that accompany electric shavers, providing essential information on usage, maintenance, and safety for end-users.

Service

Logistics and Distribution: Services that manage the transportation and delivery of electric shavers from wholesalers to retailers, ensuring timely availability of products.

Marketing Support: Services that assist wholesalers in promoting electric shavers to retailers, helping to increase visibility and sales in competitive markets.

Warranty Services: Services that offer repair or replacement of electric shavers under specified conditions, enhancing customer trust and satisfaction.

Explore a detailed compilation of the unique products and services offered by the Shavers-Electric (Wholesale) industry. This section provides precise examples of how each item is utilized, showcasing the diverse capabilities and contributions of the Shavers-Electric (Wholesale) to its clients and markets. This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Shavers-Electric (Wholesale) industry. It highlights the primary inputs that Shavers-Electric (Wholesale) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Equipment

Cordless Electric Shavers: Powered by rechargeable batteries, these shavers offer the convenience of portability, allowing users to shave without being tethered to an outlet. This feature is particularly appealing to travelers and those with busy lifestyles.

Electric Shaver Accessories: This category includes replacement blades, cleaning brushes, and charging docks that enhance the functionality and longevity of electric shavers. Retailers often stock these accessories to provide customers with comprehensive grooming solutions.

Electric Shaver Cases: Protective cases designed for electric shavers help prevent damage during travel or storage. These cases are essential for consumers who want to ensure their grooming devices remain in good condition.

Electric Shaver Cleaning Solutions: Specialized cleaning solutions help maintain the performance and hygiene of electric shavers. Wholesalers provide these products to retailers, ensuring that consumers can keep their devices in optimal condition for effective grooming.

Electric Shaver Lubricants: Lubricants are used to maintain the blades of electric shavers, ensuring smooth operation and extending the life of the device. Wholesalers supply these products to retailers, promoting proper maintenance among consumers.

Foil Electric Shavers: These shavers utilize a thin layer of foil to cut hair, providing a close and comfortable shave. They are popular among consumers for their efficiency and ease of use, making them a staple in personal grooming routines.

Replacement Foils and Cutters: These components are essential for maintaining the performance of foil shavers, as they wear out over time. Retailers stock these items to provide customers with easy access to necessary replacements, ensuring continued satisfaction with their grooming tools.

Rotary Electric Shavers: Featuring rotating blades that move in circular motions, these shavers are designed to adapt to the contours of the face. They are favored for their versatility and ability to handle different hair types, appealing to a wide range of customers.

Travel Electric Shavers: Compact and lightweight, these shavers are designed for portability, making them ideal for travelers. They often come with protective cases and dual voltage capabilities, ensuring that users can maintain their grooming routine on the go.

Wet/Dry Electric Shavers: These versatile shavers can be used both in and out of the shower, allowing for a convenient grooming experience. Their waterproof design makes them ideal for consumers who prefer to shave with shaving cream or gel, enhancing comfort and skin protection.

A thorough examination of the Shavers-Electric (Wholesale) industry’s external dynamics, focusing on the political, economic, social, technological, legal, and environmental factors that shape its operations and strategic direction.

Political Factors

Economic Factors

Social Factors

Technological Factors

Legal Factors

Economical Factors

An in-depth look at the Shavers-Electric (Wholesale) industry's value chain, highlighting its role, key activities, and efficiency strategies, along with its unique value drivers and competitive strengths.

Value Chain Position

Category: Distributor
Value Stage: Final
Description: Wholesalers in the electric shaver industry operate as distributors, focusing on the bulk purchase and resale of electric shavers to retailers and other businesses. They play a crucial role in bridging the gap between manufacturers and end-users, ensuring that products are available in the market.

Upstream Industries

Downstream Industries

Primary Activities

Inbound Logistics: Receiving processes involve careful inspection of electric shavers upon arrival to ensure they meet quality standards. Inventory management systems track stock levels and facilitate efficient storage practices, while quality control measures include testing for functionality and safety compliance. Challenges such as supply chain disruptions are addressed through strategic supplier relationships and contingency planning.

Operations: Core operations include sorting, categorizing, and preparing electric shavers for distribution. Quality management practices involve regular audits of inventory and adherence to safety standards. Industry-standard procedures include maintaining accurate records of stock and implementing efficient picking and packing processes to ensure timely deliveries.

Outbound Logistics: Distribution methods typically involve using logistics partners for transportation to retailers. Quality preservation during delivery is achieved through careful packaging and temperature control, ensuring that products arrive in optimal condition. Common practices include scheduling deliveries based on retailer needs and maintaining open communication with logistics providers.

Marketing & Sales: Marketing approaches often include participation in trade shows and online advertising targeting retailers. Customer relationship practices focus on building long-term partnerships through reliable service and support. Sales processes typically involve direct outreach to retailers, offering promotional deals and incentives to encourage bulk purchases.

Support Activities

Infrastructure: Management systems include inventory management software that tracks stock levels and sales data. Organizational structures often consist of dedicated sales teams and logistics coordinators to streamline operations. Planning systems are crucial for forecasting demand and managing stock levels effectively.

Human Resource Management: Workforce requirements include trained personnel for logistics and sales, with practices focusing on ongoing training in product knowledge and customer service. Development approaches may involve workshops and training programs to enhance skills in inventory management and sales techniques.

Technology Development: Key technologies include warehouse management systems that optimize storage and retrieval processes. Innovation practices focus on adopting new logistics technologies to improve efficiency and reduce costs. Industry-standard systems often involve data analytics for tracking sales trends and inventory turnover.

Procurement: Sourcing strategies involve establishing long-term relationships with manufacturers to ensure consistent supply of quality products. Supplier relationship management is crucial for negotiating favorable terms and maintaining quality standards, while purchasing practices emphasize bulk buying to reduce costs.

Value Chain Efficiency

Process Efficiency: Operational effectiveness is measured through inventory turnover rates and order fulfillment times. Common efficiency measures include tracking delivery times and customer satisfaction ratings to optimize service levels. Industry benchmarks are established based on average delivery times and inventory accuracy rates.

Integration Efficiency: Coordination methods involve regular meetings between sales, logistics, and procurement teams to ensure alignment on inventory levels and customer needs. Communication systems often include integrated software platforms that facilitate real-time updates on stock and order status.

Resource Utilization: Resource management practices focus on optimizing warehouse space and minimizing waste during packing and shipping. Optimization approaches may involve implementing just-in-time inventory practices to reduce holding costs, adhering to industry standards for efficient logistics.

Value Chain Summary

Key Value Drivers: Primary sources of value creation include strong supplier relationships, efficient logistics operations, and a diverse product range that meets retailer demands. Critical success factors involve maintaining high product quality and responsive customer service.

Competitive Position: Sources of competitive advantage include the ability to offer a wide selection of electric shavers and reliable delivery services. Industry positioning is influenced by market trends towards personal grooming products, impacting overall demand dynamics.

Challenges & Opportunities: Current industry challenges include fluctuations in demand due to changing consumer preferences and competition from online retailers. Future trends may involve increased demand for eco-friendly products, presenting opportunities for wholesalers to expand their offerings and enhance market presence.

A focused SWOT analysis that examines the strengths, weaknesses, opportunities, and threats facing the Shavers-Electric (Wholesale) industry within the US market. This section provides insights into current conditions, strategic interactions, and future growth potential.

Strengths

Industry Infrastructure and Resources: The industry benefits from a robust infrastructure that includes well-established distribution networks and logistics systems. This strong infrastructure supports efficient operations and enhances the ability to meet retailer demand, with many wholesalers investing in modern warehousing facilities to improve inventory management and reduce lead times.

Technological Capabilities: Technological advancements in electric shaver designs and features provide significant advantages for wholesalers. The industry is characterized by a moderate level of innovation, with many companies holding patents for unique technologies that enhance product performance, ensuring competitiveness in the market.

Market Position: The industry holds a strong position within the consumer electronics sector, with a notable market share in the personal grooming segment. Brand recognition and established relationships with retailers contribute to its competitive strength, although there is ongoing pressure from alternative grooming technologies.

Financial Health: Financial performance across the industry is generally strong, with many wholesalers reporting healthy profit margins and stable revenue growth. The financial health is supported by consistent demand for electric shavers, although fluctuations in raw material prices can impact profitability.

Supply Chain Advantages: The industry enjoys robust supply chain networks that facilitate efficient procurement of electric shavers from manufacturers. Strong relationships with suppliers and distributors enhance operational efficiency, allowing for timely delivery of products to retailers and reducing costs.

Workforce Expertise: The labor force in this industry is skilled and knowledgeable, with many workers having specialized training in electronics and distribution logistics. This expertise contributes to high operational standards and efficiency, although there is a need for ongoing training to keep pace with technological advancements.

Weaknesses

Structural Inefficiencies: Some wholesalers face structural inefficiencies due to outdated inventory management systems or inadequate logistics processes, leading to increased operational costs. These inefficiencies can hinder competitiveness, particularly when compared to more modernized operations.

Cost Structures: The industry grapples with rising costs associated with shipping, labor, and compliance with safety regulations. These cost pressures can squeeze profit margins, necessitating careful management of pricing strategies and operational efficiencies.

Technology Gaps: While some wholesalers are technologically advanced, others lag in adopting new inventory and distribution technologies. This gap can result in lower productivity and higher operational costs, impacting overall competitiveness in the market.

Resource Limitations: The industry is vulnerable to fluctuations in the availability of electric shavers due to supply chain disruptions. These resource limitations can disrupt distribution schedules and impact product availability for retailers.

Regulatory Compliance Issues: Navigating the complex landscape of safety and environmental regulations poses challenges for many wholesalers. Compliance costs can be significant, and failure to meet regulatory standards can lead to penalties and reputational damage.

Market Access Barriers: Entering new markets can be challenging due to established competition and regulatory hurdles. Wholesalers may face difficulties in gaining distribution agreements or meeting local regulatory requirements, limiting growth opportunities.

Opportunities

Market Growth Potential: There is significant potential for market growth driven by increasing consumer demand for electric grooming products. The trend towards personal grooming and self-care presents opportunities for wholesalers to expand their offerings and capture new market segments.

Emerging Technologies: Advancements in battery technology and smart grooming devices offer opportunities for enhancing product quality and functionality. These technologies can lead to increased efficiency and reduced waste in the distribution process.

Economic Trends: Favorable economic conditions, including rising disposable incomes and health-conscious consumer behavior, support growth in the electric shaver market. As consumers prioritize personal grooming, demand for electric shavers is expected to rise.

Regulatory Changes: Potential regulatory changes aimed at promoting energy efficiency and reducing waste could benefit the industry. Wholesalers that adapt to these changes by offering eco-friendly products may gain a competitive edge.

Consumer Behavior Shifts: Shifts in consumer preferences towards high-quality and innovative grooming products create opportunities for growth. Wholesalers that align their product offerings with these trends can attract a broader customer base and enhance brand loyalty.

Threats

Competitive Pressures: Intense competition from both domestic and international players poses a significant threat to market share. Wholesalers must continuously innovate and differentiate their product offerings to maintain a competitive edge in a crowded marketplace.

Economic Uncertainties: Economic fluctuations, including inflation and changes in consumer spending habits, can impact demand for electric shavers. Wholesalers must remain agile to adapt to these uncertainties and mitigate potential impacts on sales.

Regulatory Challenges: The potential for stricter regulations regarding product safety and environmental impact can pose challenges for the industry. Wholesalers must invest in compliance measures to avoid penalties and ensure product safety.

Technological Disruption: Emerging technologies in alternative grooming solutions could disrupt the market for electric shavers. Wholesalers need to monitor these trends closely and innovate to stay relevant.

Environmental Concerns: Increasing scrutiny on environmental sustainability practices poses challenges for the industry. Wholesalers must adopt sustainable practices to meet consumer expectations and regulatory requirements.

SWOT Summary

Strategic Position: The industry currently enjoys a strong market position, bolstered by robust consumer demand for electric shavers. However, challenges such as rising costs and competitive pressures necessitate strategic innovation and adaptation to maintain growth. The future trajectory appears promising, with opportunities for expansion into new markets and product lines, provided that wholesalers can navigate the complexities of regulatory compliance and supply chain management.

Key Interactions

Growth Potential: The growth prospects for the industry are robust, driven by increasing consumer demand for electric grooming products. Key growth drivers include the rising popularity of innovative grooming solutions, advancements in technology, and favorable economic conditions. Market expansion opportunities exist in both domestic and international markets, particularly as consumers seek out high-quality grooming devices. However, challenges such as resource limitations and regulatory compliance must be addressed to fully realize this potential. The timeline for growth realization is projected over the next five to ten years, contingent on successful adaptation to market trends and consumer preferences.

Risk Assessment: The overall risk level for the industry is moderate, with key risk factors including economic uncertainties, competitive pressures, and supply chain vulnerabilities. Industry players must be vigilant in monitoring external threats, such as changes in consumer behavior and regulatory landscapes. Effective risk management strategies, including diversification of suppliers and investment in technology, can mitigate potential impacts. Long-term risk management approaches should focus on sustainability and adaptability to changing market conditions. The timeline for risk evolution is ongoing, necessitating proactive measures to safeguard against emerging threats.

Strategic Recommendations

An exploration of how geographic and site-specific factors impact the operations of the Shavers-Electric (Wholesale) industry in the US, focusing on location, topography, climate, vegetation, zoning, infrastructure, and cultural context.

Location: The operations thrive in urban areas with high retail density, such as New York City and Los Angeles, where proximity to retailers facilitates quick distribution. Regions with established logistics networks, like Chicago, provide advantages in transportation efficiency, allowing wholesalers to meet demand swiftly. Locations near major highways and ports enhance access to both domestic and international markets, crucial for timely delivery of electric shavers to various retail outlets.

Topography: Flat terrains are preferred for warehouse and distribution centers, as they allow for easier construction and movement of goods. Urban areas with minimal elevation changes, such as the Midwest, support efficient logistics operations, while mountainous regions may pose challenges for transportation and delivery. The ability to establish large distribution centers in accessible locations is vital for maintaining inventory and ensuring rapid order fulfillment.

Climate: Moderate climates are beneficial for maintaining product quality during storage and distribution. Regions with extreme temperatures may require additional climate control measures in warehouses to protect electric shavers from damage. Seasonal fluctuations can affect demand patterns, necessitating strategic inventory management to align with peak shopping periods, such as holidays. Wholesalers must adapt to local climate conditions to ensure efficient operations year-round.

Vegetation: Vegetation management is essential to maintain clear access routes for delivery trucks and to comply with local environmental regulations. In urban settings, maintaining landscaped areas around warehouses can enhance the aesthetic appeal and meet zoning requirements. Wholesalers must also consider local ecosystems when establishing facilities, ensuring that operations do not disrupt native habitats or violate environmental compliance standards.

Zoning and Land Use: Operations typically require industrial zoning that permits wholesale distribution activities. Local regulations may dictate specific land use requirements, including the need for loading docks and parking facilities for delivery vehicles. Wholesalers must secure permits for warehouse operations, and zoning laws can vary significantly between urban and suburban areas, affecting site selection and operational flexibility. Compliance with local land use plans is critical for successful facility establishment.

Infrastructure: Robust infrastructure is crucial for efficient operations, including access to major highways for transportation and reliable utilities for warehouse operations. Wholesalers require high-capacity electrical services to support warehouse lighting and climate control systems. Communication infrastructure is also vital for managing inventory and order processing, with many wholesalers adopting advanced logistics technologies to streamline operations and enhance customer service.

Cultural and Historical: The acceptance of wholesale operations often hinges on their economic contributions to local communities, with many regions recognizing the importance of distribution centers in job creation. Historical ties to retail and consumer electronics industries can foster a supportive environment for wholesalers. Community engagement initiatives are essential for addressing concerns about traffic and environmental impacts, ensuring that operations align with local values and expectations.

A detailed overview of the Shavers-Electric (Wholesale) industry’s market dynamics, competitive landscape, and operational conditions, highlighting the unique factors influencing its day-to-day activities.

Market Overview

Market Size: Medium

Description: This industry focuses on the wholesale distribution of electric shavers, which are essential personal grooming devices powered by electricity. Wholesalers in this sector procure a variety of electric shavers, including foil, rotary, and wet/dry models, from manufacturers and supply them to retailers and other businesses.

Market Stage: Growth. The industry is currently experiencing growth, driven by increasing consumer demand for electric grooming products and advancements in technology that enhance product features and performance.

Geographic Distribution: National. Wholesalers operate across the United States, with distribution centers strategically located to efficiently serve regional markets and facilitate timely deliveries to retailers.

Characteristics

Market Structure

Market Concentration: Fragmented. The market is fragmented, with numerous wholesalers operating at various scales, from small regional distributors to larger national players, each serving different segments of the retail market.

Segments

Distribution Channels

Success Factors

Demand Analysis

Demand Drivers

Competitive Landscape

Entry Barriers

Business Models

Operating Environment