Razor Market Analysis by Size, Share, Development, Growth and Demand Forecast to 2024
Razor Market by Type (Cartridge Razors, Disposable Razors, Electric Razors, Straight Razors, Safety Razors), by Segment (Mass, Standard, Premium), by Razor Blade Type (Stainless Steel, Carbon Steel), by Consumer (Men, Women), by Distribution Channel (Supermarkets/Hypermarkets, Department Stores, Convenience Stores, Online), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, China, India, Japan, South Korea, Australia, Brazil, Mexico, Turkey, Saudi Arabia, U.A.E.) – Market Size, Share, Development, Growth and Demand Forecast to 2024
Razor Market by Type (Cartridge Razors, Disposable Razors, Electric Razors, Straight Razors, Safety Razors), by Segment (Mass, Standard, Premium), by Razor Blade Type (Stainless Steel, Carbon Steel), by Consumer (Men, Women), by Distribution Channel (Supermarkets/Hypermarkets, Department Stores, Convenience Stores, Online), by Geography (U.S., Canada, Germany, U.K., France, Italy, Spain, China, India, Japan, South Korea, Australia, Brazil, Mexico, Turkey, Saudi Arabia, U.A.E.) – Market Size, Share, Development, Growth and Demand Forecast to 2024
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<strong>Razor</strong> <strong>Market</strong><br />
Insights on market segments<br />
Based on type, global razor market is categorized in<strong>to</strong> cartridge, disposable, electric, straight, <strong>and</strong> safety razors. Among<br />
these, cartridge razor category accounted for largest revenue share in 2018. Asia-Pacific (APAC) <strong>and</strong> Europe were the<br />
largest regions for cartridge razor market, wherein China, India, <strong>and</strong> Germany accounted for major dem<strong>and</strong>. Increased<br />
marketing campaigns <strong>by</strong> companies is one of the major fac<strong>to</strong>rs being observed in the market during 2014-2018. Apart<br />
from this, the ease of replacing blade is another fac<strong>to</strong>r for its high growth. Gillette’s cartridge razors were the most<br />
preferred choice <strong>by</strong> the consumers in the razor market.<br />
On the basis of segment, the global razor market has been classified in<strong>to</strong> mass, st<strong>and</strong>ard, <strong>and</strong> premium. Among these,<br />
the market for mass segment held the largest revenue share in the year 2018. Disposable razors, straight razors, <strong>and</strong> a<br />
hefty part of cartridge razors lie under mass segment. Moreover, most of these razors are cheap <strong>and</strong> easy <strong>to</strong> use which<br />
makes them the preferred choice for its mass consumer base. APAC is the largest market for mass products which can<br />
be attributed <strong>to</strong> the low per capita income of the countries including India, South Korea, Indonesia, <strong>and</strong> others.<br />
P&S Intelligence
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