Razor Market By Type (Cartridge, Disposable, Electric), By Blade Type (Stainless Steel, Carbon Steel), By Consumer (Men, Women), By Sales Channel (Supermarkets & Hypermarkets, Convenience Stores, Online, Departmental Stores, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format

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Razor Market By Type (Cartridge, Disposable, Electric), By Blade Type (Stainless Steel, Carbon Steel), By Consumer (Men, Women), By Sales Channel (Supermarkets & Hypermarkets, Convenience Stores, Online, Departmental Stores, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F

Forecast Period2024-2028
Market Size (2022)USD12.36 billion
CAGR (2023-2028)4.2%
Fastest Growing SegmentCartridge Razor
Largest MarketNorth America

Market Overview

Key Market Drivers

Changing Grooming Trends

Gender-Inclusive Products

MIR Ghrap2

Sustainability and Environmental Concerns

Technological Advancements

E-Commerce and Direct-to-Consumer (DTC) Sales

Wellness and Self-Care Trends

Influencer Marketing and Social Media

MIR Regional

Key Market Challenges

Shifting Consumer Preferences

Competition from Electric Razors

Sustainability and Environmental Concerns

Regulatory Compliance and Safety

Brand Loyalty and Market Saturation

E-Commerce and Counterfeit Products

Key Market Trends

Sustainable and Eco-Friendly Razors

Gender-Neutral and Inclusive Products

Smart Razors and Artificial Intelligence

Focus on Hygiene and Cleanliness

Luxury and Premium Segments

Sustainability Packaging and Brand Values

Segmental Insights

Type Insights

Consumer Insights

Regional Insights

Recent Developments

  • In March 2023, Gillette Venus launched its First Ever DermaplaningSkincare Collection. Venus for Facial Hair & Skin Care Collection isapproved by dermatologists and includes a cleansing primer, dermaplaning razor,and moisturizing serum for instant radiant skin.
  • In May 2022, Edgewell launched Schick Bamboo hybrid-sustainable razorsfor men and women. Schick Xtreme Men's and Schick Intuition Women's razors have100% recyclable packaging and flexible blades made up of approximately 75%recycled steel.   
  • In October 2021, BIC partnered with Avient to launch the sustainablematerial Soleil Click 5 Women’s Razor Handle. This product has 62 recycledcontent, a soft, grippy feel, and is highly colorable and sustainable.

Key Market Players

  • The Procter &Gamble Company
  • Koninklijke Philips N.V.
  • Edgewell Disposable Company
  • Harry’s Inc.
  • Societe BIC S.A. (BIC)
  • Supermax Limited; and
  • Dorco Co. Ltd.
  • Syska
  • Nova Electric
  • MQ Corporation

Report Scope

  • Razor Market, By Type

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  • Razor Market, By Blade Type

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  • Razor Market, By Consumer

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  • Razor Market, By Sales Channel

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  • Razor Market, By Region

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Table of Content

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List Tables Figures

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