All updated as on -
Forecasts put the value of the worldwide razor market at USD 13.20 billion by 2030, expanding at a CAGR (compound annual growth rate) of 5.5% between now and then.
Several factors are driving the industry, but the increasing interest in men's grooming and the growing consciousness of consumers about the need of personal cleanliness are the most important. The consistent use of disposable razors in emerging nations like India, Sri Lanka, and Brazil accounts for a large portion of the market and will continue to drive demand for the same. Product demand is being driven by the low price and availability of domestic brands in these countries. The convenience and long life of electric shavers like epilators and trimmers has increased their popularity. Due to the convenience of online payment methods and the general increase in digitalization, it is expected that this subcategory would see strong growth in the online channel.
In terms of personal hygiene, razors are by far the most popular option. The increasing value placed on personal hygiene is the primary driver of market growth. Replacement razor blades may be found at most drug stores and are simple to install. Because of this, consumers will continue to buy from a company and have faith in its products. There have been some new razor products created for the female market, and the female population is progressively adopting these items. Demand for luxury, multipurpose grooming products is on the rise alongside rising per capita income, fueling the market's expansion. The worldwide razor market is experiencing change as a result of the growing popularity of facial hair as a fashion accessory among males. This is leading to increased demand for novel razor designs. Increasing urbanization and a larger middle class are also contributing to this trend.
When it comes to personal grooming, razors are by far the most popular choice. Increases in people's consciousness of the need of personal hygiene are the primary factor propelling the industry forward. Replacement razor blades can be purchased from any number of convenience stores. Because of this, customers are more likely to stick with a brand and continue utilizing its products. The launch of new razor products for women, as well as the increasing uptake of these products among women, has been a major boon to the expansion of the market. For instance, in April 2020, Church & Dwight Co. Ltd. introduced an advanced, quick body & leg hair remover razor for the female market under the Finishing Touch-Flawless brand. A razor like that won't nick, cut, or irritate your skin, so you can use it whenever you choose.
The rising disposable income of the population and the rising need for high-quality grooming products are the primary factors propelling the market forward. The desire for new and creative razor products is being fueled in part by the shifting fashion trend of men maintaining various beard styles. The rising urbanization rate and the accompanying increase in the number of people in the middle class are also contributing to this trend.
An analysis of opportunities in terms of emerging revenue pockets, shifting market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical distribution, and market share are all covered in this report on the global razor market. Contact Data Bridge Market Research to receive an Analyst Brief about the razor market. If you want to expand your business in the market, we can help you make the right decisions.
Report Coverage
Global Razor research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Razor report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Razor competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Razor market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Razor market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Razor market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Gillette (a subsidiary of Procter & Gamble), Schick (a subsidiary of Edgewell Personal Care), BIC Group, Super-Max, Harry's Inc., Dorco Co. Ltd., Feather Safety Razor Co., Ltd., Kai Corporation, Beiersdorf AG, The Body Shop International Limited, Laser Razor Blades Industries, Lion Corporation, Energizer Holdings, Inc., The Himalaya Drug Company, Remington Products Company, Wilkinson Sword (a subsidiary of Edgewell Personal Care), King of Shaves Company Ltd., Mandom Corporation, Personna American Safety Razor Company, Zhejiang Ningbo Jiali Plastics Co. Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Razor market based on the below-mentioned segments:
Global Razor Market, By Type
Cartridge Razors
Electric Razors
Disposable Razors
Others
Global Razor market, By Distribution Channel
Hypermarkets & Supermarkets
Online Stores
Convenience Stores
Others
Global Razor Market, By End User
Male
Female
Global Razor market, Regional Analysis
Several factors are driving the industry, but the increasing interest in men's grooming and the growing consciousness of consumers about the need of personal cleanliness are the most important. The consistent use of disposable razors in emerging nations like India, Sri Lanka, and Brazil accounts for a large portion of the market and will continue to drive demand for the same. Product demand is being driven by the low price and availability of domestic brands in these countries. The convenience and long life of electric shavers like epilators and trimmers has increased their popularity. Due to the convenience of online payment methods and the general increase in digitalization, it is expected that this subcategory would see strong growth in the online channel.
In terms of personal hygiene, razors are by far the most popular option. The increasing value placed on personal hygiene is the primary driver of market growth. Replacement razor blades may be found at most drug stores and are simple to install. Because of this, consumers will continue to buy from a company and have faith in its products. There have been some new razor products created for the female market, and the female population is progressively adopting these items. Demand for luxury, multipurpose grooming products is on the rise alongside rising per capita income, fueling the market's expansion. The worldwide razor market is experiencing change as a result of the growing popularity of facial hair as a fashion accessory among males. This is leading to increased demand for novel razor designs. Increasing urbanization and a larger middle class are also contributing to this trend.
When it comes to personal grooming, razors are by far the most popular choice. Increases in people's consciousness of the need of personal hygiene are the primary factor propelling the industry forward. Replacement razor blades can be purchased from any number of convenience stores. Because of this, customers are more likely to stick with a brand and continue utilizing its products. The launch of new razor products for women, as well as the increasing uptake of these products among women, has been a major boon to the expansion of the market. For instance, in April 2020, Church & Dwight Co. Ltd. introduced an advanced, quick body & leg hair remover razor for the female market under the Finishing Touch-Flawless brand. A razor like that won't nick, cut, or irritate your skin, so you can use it whenever you choose.
The rising disposable income of the population and the rising need for high-quality grooming products are the primary factors propelling the market forward. The desire for new and creative razor products is being fueled in part by the shifting fashion trend of men maintaining various beard styles. The rising urbanization rate and the accompanying increase in the number of people in the middle class are also contributing to this trend.
An analysis of opportunities in terms of emerging revenue pockets, shifting market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical distribution, and market share are all covered in this report on the global razor market. Contact Data Bridge Market Research to receive an Analyst Brief about the razor market. If you want to expand your business in the market, we can help you make the right decisions.
Report Coverage
Global Razor research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Razor report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Razor competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Razor market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Gillette (a subsidiary of Procter & Gamble), Schick (a subsidiary of Edgewell Personal Care), BIC Group, Super-Max, Harry's Inc., Dorco Co. Ltd., Feather Safety Razor Co., Ltd., Kai Corporation, Beiersdorf AG, The Body Shop International Limited, Laser Razor Blades Industries, Lion Corporation, Energizer Holdings, Inc., The Himalaya Drug Company, Remington Products Company, Wilkinson Sword (a subsidiary of Edgewell Personal Care), King of Shaves Company Ltd., Mandom Corporation, Personna American Safety Razor Company, Zhejiang Ningbo Jiali Plastics Co. Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Razor Market from 2021 to 2030.
- Market Forecast for Razor Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Razor competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Razor
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Razor market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Razor market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Gillette (a subsidiary of Procter & Gamble), Schick (a subsidiary of Edgewell Personal Care), BIC Group, Super-Max, Harry's Inc., Dorco Co. Ltd., Feather Safety Razor Co., Ltd., Kai Corporation, Beiersdorf AG, The Body Shop International Limited, Laser Razor Blades Industries, Lion Corporation, Energizer Holdings, Inc., The Himalaya Drug Company, Remington Products Company, Wilkinson Sword (a subsidiary of Edgewell Personal Care), King of Shaves Company Ltd., Mandom Corporation, Personna American Safety Razor Company, Zhejiang Ningbo Jiali Plastics Co. Ltd.
Primary Target Market
- Market Players of Razor
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Razor market based on the below-mentioned segments:
Global Razor Market, By Type
Cartridge Razors
Electric Razors
Disposable Razors
Others
Global Razor market, By Distribution Channel
Hypermarkets & Supermarkets
Online Stores
Convenience Stores
Others
Global Razor Market, By End User
Male
Female
Global Razor market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive razor market market research and competitor analysis for your business to help you develop more profound insights into the razor market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the razor market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.