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Disposable Razor Market - By Blade Type, By Application, By Price Range, By End-user, By Distribution Channel & Forecast 2024 – 2032

  • Report ID: GMI12268
  • Published Date: Nov 2024
  • Report Format: PDF

Disposable Razor Market Size

The global disposable razor market size was valued at USD 3.5 billion in 2023 and is estimated to grow at a CAGR of 4.1% from 2024 to 2032. Disposable razors have gained significant traction due to their convenience and cost-effectiveness, appealing to a wide range of consumers. These razors offer a swift and maintenance-free grooming solution, distinguishing them from other shaving alternatives. Their affordability and practicality make them particularly attractive to budget-conscious individuals and travelers, thereby sustaining demand across global markets.
 

Disposable Razor Market

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Additionally, the increasing awareness of personal grooming, especially among younger demographics, is driving the growth of the disposable razor market. Social media, fashion trends, and lifestyle changes have amplified the importance of maintaining a well-groomed appearance, prompting more consumers to seek effective grooming solutions. This trend is evident in both developed and emerging markets, where disposable razors are often the preferred choice for affordable grooming. Additionally, the expansion of e-commerce and the widespread availability of disposable razors in supermarkets, pharmacies, and convenience stores have significantly enhanced their accessibility to consumers.
 

Disposable Razor Market Trends

The global market is undergoing significant transformations, driven by key trends that are shaping consumer preferences and industry strategies. One of the most prominent trends is the increasing demand for sustainable and eco-friendly products. As environmental awareness continues to rise, consumers are becoming more conscious of the waste generated by disposable razors. In response, brands are innovating by incorporating biodegradable materials and recyclable packaging into their products. Furthermore, the market is experiencing growth due to the rising popularity of subscription-based services. Companies such as Dollar Shave Club and Harry’s have revolutionized the market by offering a model that delivers disposable razors directly to consumers' doorsteps.
 

The increasing emphasis on environmental sustainability presents significant challenges to the traditional market. Conventional disposable razors, primarily composed of plastic, contribute substantially to environmental waste and degradation. As consumer awareness of eco-friendly practices grows, there is a marked shift towards sustainable alternatives, such as reusable razors or those made from biodegradable materials. This evolving consumer preference necessitates innovation from manufacturers to address these environmental concerns, or they risk a decline in demand for conventional disposable razors.
 

Moreover, the market offers several significant opportunities, particularly in the areas of sustainability, emerging markets, and personalization. The heightened eco-consciousness among consumers is driving a demand for environmentally friendly disposable razors. Companies that innovate by incorporating biodegradable materials, recyclable packaging, or hybrid designs that reduce waste can capture a market segment eager for sustainable grooming solutions. This approach not only aligns with global sustainability trends but also strengthens brand loyalty among eco-conscious consumers.
 

Disposable Razor Market Analysis

Disposable Razor Market Size, By Blade Type, 2021 – 2032 (USD Billion)
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Based on blade type segment, the market is segmented into single blade, twin blade, triple blade, and others. The triple blade segment holds the maximum share in the market and dominates the market with a revenue of 1.5 billion in 2023 and is anticipated to grow with a CAGR of 4.3% during the forecast period. The triple-blade segment currently holds the largest share in the market, driven by its optimal balance of performance, comfort, and affordability. Consumers widely favor triple-blade razors due to their ability to provide a closer and smoother shave compared to single and twin-blade options, making them suitable for both regular and occasional use. The three-blade design facilitates efficient hair removal with fewer strokes, thereby reducing skin irritation critical factors for individuals with sensitive skin.
 

Global Disposable Razor Market Revenue Share, By Distribution Channel, (2023)
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Based on the distribution channel of the disposable razor market, it is bifurcated into online and offline. The offline segment accounts for the major share of the market with 79.5% of the total market share and is expected to grow at a CAGR of 4% over the forecasted years. Consumers predominantly favor offline stores for purchasing disposable razors, driven by a traditional inclination towards in-person shopping for grooming products. Shoppers appreciate the opportunity to evaluate product quality, inspect packaging, and compare various options advantages that supermarkets, pharmacies, and convenience stores readily provide.
 

These retail channels also ensure immediate product availability, making them the preferred choice for urgent or last-minute purchases. This immediacy is particularly crucial for everyday items like disposable razors, where consumers often seek convenience and quick access.
 

U.S. Disposable Razor Market Size, 2021 – 2032, (USD Billion)
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The U.S. dominated the disposable razor market with a share of 75.4% of the total market share in North America in 2023 and is expected to grow at a CAGR of 4% during the forecast period. The U.S. dominates the North American market due to a combination of influential factors that reinforce its market leadership. The U.S. benefits from a large population with high disposable income levels, driving substantial consumer spending on personal grooming products, including disposable razors. The cultural emphasis on personal hygiene and grooming standards further propels the demand for convenient and effective shaving solutions.
 

North America: In terms of country, the U.S. dominated the disposable razor market with a share of around 75.4% of the total market share in North America in 2023 and is expected to grow at a CAGR of 4% during the forecast period. The presence of major industry players in the U.S., such as Gillette (Procter & Gamble) and Schick (Edgewell Personal Care), significantly enhances the country's market dominance. These companies invest heavily in research and development, marketing, and extensive distribution networks, ensuring widespread availability and continuous innovation in their product offerings. The advanced retail infrastructure in the U.S., encompassing supermarkets, pharmacies, and specialty stores, facilitates easy access for consumers across both urban and rural areas.
 

Europe: The European disposable razor market is expected to grow at a CAGR of 4.1% over the forecast period. Germany holds a leading position in the European market, driven by its strong economy, high consumer purchasing power, and a well-established personal care industry. German consumers prioritize quality and efficiency in grooming products, making disposable razors an attractive choice due to their convenience and performance. The market benefits from Germany's extensive retail infrastructure, which includes supermarkets, drugstores, and convenience outlets, ensuring widespread availability of both domestic and international brands. Furthermore, the increasing environmental consciousness among German consumers has prompted manufacturers to introduce eco-friendly options and sustainable packaging.
 

Asia Pacific: China dominated the disposable razor market in the Asia Pacific region with a market share of around USD 30.4% in 2023 and is anticipated to grow at a CAGR of 5% during the forecast period. China dominates the market in the Asia Pacific region, driven by its substantial population, increasing disposable incomes, and heightened awareness of personal grooming. The demand for affordable grooming solutions has surged, making disposable razors a preferred choice among Chinese consumers who value convenience and cost-effectiveness. Rapid urbanization in China has introduced a younger, style-conscious demographic eager to adopt global grooming standards, further propelling market growth.
 

Disposable Razor Market Share

Disposable Razor Market Company Share Analysis (2023)

The market is fragmented, with several regional companies operating on a global scale. Together these companies hold a market share of 40%-45% of the total market. In the fragmented market, regional companies are implementing various strategies to gain a competitive edge. These strategies include offering budget-friendly options to attract cost-conscious consumers, developing eco-friendly products to appeal to environmentally aware customers, and tailoring their products to meet local consumer preferences.
 

Disposable Razor Market Companies

Major players operating in the disposable razor industry are:

  • Barbasol
  • BIC Group
  • Dorco
  • Edgewell Personal Care
  • Feather Safety Razor
  • Harry's
  • Kai Group
  • Kaili Group
  • Lord International
  • Ningbo Jiali Plastics
  • Parker Safety Razor
  • Procter & Gamble
  • Shanghai Cloud Blade
  • Super-Max
  • Unilever
     

Disposable Razor Industry News

  • In April 2022, Edgewell Personal Care advanced sustainability in the shaving category by introducing the Schick Xtreme Men's and Schick Intuition Women's Bamboo Hybrid Razors. These new products are crafted with recycled, recyclable, or renewable materials, both in the razors and their packaging. Designed to offer an eco-friendlier alternative to traditional razors, these innovations align with Edgewell's commitment to reducing environmental impact while meeting consumer demand for sustainable grooming options.
     
  • In March 2021, Edgewell Personal Care announced a major sustainability initiative as part of its Sustainable Care 2030 strategy. The company revealed that handles in its global portfolio of men’s and women’s disposable razors, including Schick® Xtreme 3® for men and Skintimate® three-blade razors for women, are now made with up to 100% post-consumer recycled (PCR) plastic. Additionally, Edgewell launched a U.S.-based program to promote recycling of disposable razors, providing an alternative to traditional curbside programs, which typically don’t accept razors.
     

The disposable razor market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD Billion) and Volume (Million Units) from 2021 to 2032, for the following segments:

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Market, By Blade Type

  • Single blade
  • Twin blade
  • Triple blade
  • Others (four and more, etc.)

Market, By Application

  • Household
  • Commercial

Market, By End-user

  • Men
  • Women

Market, By Price range

  • Low
  • Medium
  • High

Market, By Distribution Channel

  • Online
    • E-commerce
    • Company websites 
  • Offline
    • Supermarkets/hypermarkets
    • Pharmacies/drugstores
    • Others (specialty stores, convenience, etc.)

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia 
  • Latin America
    • Brazil
    • Mexico
    • Argentina 
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global disposable razor industry was valued at USD 3.5 billion in 2023 and is estimated to grow at a 4.1% CAGR from 2024 to 2032, driven by their convenience and cost-effectiveness.
The triple-blade segment recorded USD 1.5 billion in 2023 and is expected to grow at a 4.3% CAGR during the forecast period due to its optimal balance of performance, comfort, and affordability.
U.S. held 75.4% of the North American disposable razor market in 2023 and is projected to grow at a 4% CAGR during the forecast period, supported by several influential factors.
Key players in the industry include Barbasol, BIC Group, Dorco, Edgewell Personal Care, Feather Safety Razor, Harry's, Kai Group, Kaili Group, Lord International, Ningbo Jiali Plastics, and Parker Safety Razor.

Disposable Razor Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 397
  • Countries covered: 19
  • Pages: 230
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