Global Razor Market, By Product Type (Cartridge Razors, Disposable Razors, Straight Razors, Safety Razors and Electric Razors), Consumer (Men, Women), Segment (Mass, Standard and Premium), Distribution Channel (Supermarkets & Hypermarkets. Convenience Stores, Online), Razor Blade Type (Stainless Steel, Carbon Steel), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global Razor Market
The razor market is expected to witness market growth at a rate of 2.5% in the forecast period of 2022 to 2029. Data Bridge Market Research report on razor market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the focus on personal grooming is escalating the growth of razor market.
Razor is referred to an instrument which generally contains various blades so they can be utilized to remove the undesirable hair from the body effortlessly & lightly. cartridge, electric and disposable are few of the general types of razor.
Major factors that are expected to boost the growth of the razor market in the forecast period are the rise in the disposable income. Furthermore, the growing consumer knowledge regarding to the personal hygiene is further anticipated to propel the growth of the razor market. Moreover, the rising need for disposable razors amongst the population is further estimated to cushion the growth of the razor market. On the other hand, the fewer demand from the female population is further projected to impede and might challenge the growth of the razor market in the timeline period.
In addition, the rise in the attention on men’s grooming and the growing trend of personalized razors will further provide potential opportunities for the growth of the razor market in the coming years.
This razor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the razor market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Razor Market Scope and Market Size
The razor market is segmented on the basis of product type, consumer, segment, distribution channel, and razor blade type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the razor market has been segmented into cartridge razors, disposable razors, straight razors, safety razors and electric razors.
- On the basis of consumer, the razor market has been segmented into men and women.
- On the basis of segment, the razor market has been segmented into mass, standard and premium.
- On the basis of distribution channel, the razor market has been segmented into supermarkets & hypermarkets, convenience stores, and online.
- On the basis of razor blade type, the razor market has been segmented into stainless steel and carbon steel.
Razor Market Country Level Analysis
The razor market is segmented on the basis of product type, consumer, segment, distribution channel, and razor blade type.
The countries covered in the razor market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and rest of South America as part of South America.
Asia-Pacific dominates the razor market due to being the most populated across the globe. Furthermore, the rise in the expenses and growing disposable income will further boost the growth of the razor market in the region during the forecast period. North America is projected to observe significant amount of growth in the razor market due to the rising disposable income. Moreover, the augmented preference for grooming is further anticipated to propel the growth of the razor market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Razor Market Share Analysis
The razor market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the razor market.
Some of the major players operating in the razor market are Procter & Gamble, Koninklijke Philips N.V., Syska, Edgewell Personal Care, HARRY'S, INC, SUPER-MAX, DORCO CO., LTD., NOVA ELECTRIC, OSCAR RAZOR, kai corporation, American Cutting Edge, MQ Corporation, Kaili Group, Société Bic S.A., Super-Max Group, FEATHER Safety Razor Co., Ltd, Harry’s, Inc., WAHL, DOLLAR SHAVE CLUB., and Mers Solutions Ltd., among others.
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