The global razors and blades market was worth US$ 3142.53 Mn in 2021, and it is expected to grow at a 3.0% CAGR from 2022 to 2032
According to Future Market Insights (FMI), the razor and blades market is expected to surpass a valuation of US$ 3267.26 Mn in 2022. Sales of razor and blades are expected to surge as the healthy CAGR of over 3.0% through 2032.
The disposable razor blades industry is growing due to rising aesthetic consciousness and increased spending on personal grooming products, especially among millennial and Gen-Zs. This is as the disposable razor blades are easy to use, so their recreational use is contributing to the industry’s expansion.
Growing emphasis on sanitation during shaving to prevent skin infection is driving up the use of single-use razor blades, reviving the disposable razor blade business. With the growing need for a precise and smooth shave, disposable razor blades that can provide such benefits are becoming more popular, boosting the market growth.
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Key Takeaways from the Razors & Blades Market Study:
Who is winning?
Participants in the worldwide razor blades market have leveraged the use of product launches, collaborations, and acquisitions to expand consumer base and strengthen sales. To draw in
prospective patrons, manufacturers have attempted to employ innovative promotional techniques, marketing, and product debuts.
Major players in the razors and blades products market are Procter & Gamble, Edgewell Personal Care, Dorco, Ltd., Societe, Oscar Razor, Feather Safety Razor Ltd., Harry s INC, Phillips, Wahl Clipper, Dollar Shave Club INC among others.
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Global Razors and Blades by Category
By Product Type:
By Material Type:
By Price Range:
By Consumer Orientation:
By Sales Channel:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Aug 10, 2022