Global Razor Blade Market Research Report by Type, Application, Region - Growth Forecast from 2020 to 2029
“Global Razor Blade Market” is an upcoming research report to be published by MarketResearch.biz. Critical factors will be researched, analyzed, and studied in detail. The report includes vital information, including growth driving factors, key trends, restraints, revenue opportunities, etc. The company profile section includes detailed information on market players, recent developments, strategies, mergers & acquisitions, etc. The global razor blade market is segmented on the basis of type application, as well as regions and countries. The report is suitable for all audiences, but it is of additional value to razor blade companies, raw material providers, etc. The global razor blade market is approximated to value at US$ XX million in 2019. The revenue shares of this market are projected to reach US$ XX million by 2029.
Razor blades are designed from a specific type of stainless steel that is corrosion-resistant. They are widely used by men to remove body hair. More recently, women have also begun using razors. Razor blades come fixed in a razor, and cannot be sharpened. Different types of razors come with replaceable blades most suitable to its design. Razor blades are extremely thin and sharp. Razor blades provide fine precision when shaving.
The global razor blade market is anticipated to expand with the increase in production capacity. Manufacturers are moving toward installing high-end technology that will fast track the production process, sending out more blades to the razor manufacturer where it will be assembled.
One of the most important factors that will drive the global razor blade market is the increasing focus on personal grooming. Contrary to the past, individuals are now grooming themselves at home, escalating the sales of razors.
The cost of razor blades will be determined by the stability of market prices for raw materials. Furthermore, a change in transportation and labor costs as well as improved energy consumption techniques will promote the growth of revenue of the global razor blade market.
As more women begin using razors to remove body hair, the expansion scope for the global razor blade market is steadily increasing. Numerous brands are manufacturing razors and razor blades for women with designs that suit their specific needs. There are design innovations in razor blades for men as well to ensure customer satisfaction.
Brands must strive to achieve complete consumer satisfaction. If the needs of a consumer are not met, or falter at some point, the brand’s credibility would be lost. Such instances could negatively impact the global razor blade market.
Segment-wise, double-edge (DE) razor blades are brought more frequently than single-edge (SE) razor blades. This is because double-edge razor blades are easy-to-use, safer, and offer multiple blade choices. The sales of DE razor blades is expected to increase during the forecast period owing to its many benefits.
Global Razor Blade Market Regional Analysis
The market in North America accounted for the highest revenue share of the global razor blade market, and is anticipated to continue to do so over the next 10 years. The market in Europe is expected to register high demand for quality razor blades in the near future, owing to the economic stability and increasing disposable incomes of individuals in this region. The razor blade market in the Asia Pacific region is also expected to grow significantly in terms of revenue generated, in the foreseeable future. This can be attributed to the increasing demand for razor blades in the emerging economies of this region due to the demand for effective grooming equipment. The markets in Latin America, the Middle East & Africa appear to be following suite.
Global Razor Blade Market Segmentation
- Double-edge razor blades
- Single-edge razor blades
- Men’s razors
- Women’s razors
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Laser Razor Blades
- Lord International Co.
- DORCO Co. Ltd.
- Harry’s Inc.
- FEATHER Safety Razor Co. Ltd.
- Benxi Jincheng
- Kaili Razor
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