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Disposable Razor Market Size

  • 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.

 

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.

 

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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