Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for marketing & advertising industry professionals · Thursday, March 28, 2024 · 699,554,817 Articles · 3+ Million Readers

Disposable Razor Blades Market to Reach USD 4.31 Billion by 2027; Rising Emphasis on Men Grooming to Boost Market, states Fortune Business Insights™

Top companies covered in the disposable razor blades market are Procter & Gamble Co. (Ohio, U.S.), BIC Group (Paris, France), Super-Max Group (Dubai, UAE), Edgewell Personal Care (Shelton, U.S.), Kai Group (Tokyo, Japan), LORD International Co. (Alexandria, Egypt), DORCO CO, LTD. (Seoul, South Korea), Kaili Group (Ningbo, China), Laroch co. (Shuaiba, Kuwait), Perio Inc. (Dublin, U.S.), and more players profiled

/EIN News/ -- Pune, Oct. 20, 2020 (GLOBE NEWSWIRE) -- The global disposable razor blades market size is expected to reach USD 4.31 billion by 2027, exhibiting a CAGR of 3.2% during the forecast period. The rising shift towards greener disposable razors will have an excellent impact on the market, states Fortune Business Insights, in a report, titledDisposable Razor Blades Market Size, Share & COVID-19 Impact Analysis, By Blade Count (1 & 2 Blades, 3 & 4 Blades, and 5 & More Blades), End-User (Men and Women), Distribution Channel (Hypermarkets, Online, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 3.39 billion in 2019.

The coronavirus emergency has resulted in financial jeopardy for trades and businesses around the world. The authorities of several countries have initiated lockdown to avert the increase of this infectious disease. Such strategies have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.


The report on the disposable razor blades market features:

  • Excellent understandings of the market
  • Crucial information about industry players
  • Vital data about regions
  • Key development and drivers
  • COVID-19 impact


Get Sample PDF Brochure with Impact of COVID19:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/disposable-razor-blades-market-102561


Market Driver:

Prominence of Handy Razor Blades to Improve Market Prospects

The growing popularity of non-refillable razors in long or short journeys will spur opportunities for the market. For instance, as per the report Award Catalogue 2020 of BEYONDPLASTIC, about 5,000 billion disposable razor blades are used per year globally.  The convenience of non-refillable razors makes it a preferable choice while traveling. The advantages of the razer include multiple usages of the same blade. The growing awareness regarding non-refillable razors can bolster the healthy growth of the market. For example, the Wilkinson Sword’s products including fixed cartridge razor blades range are allowed in handbags while traveling to foreign countries, making it a preferred choice among travelers. Hence, the increasing demand for such razor blades will augur well for the market.


Inhibited Demand for Razor Blades to Restraint Market Amid Coronavirus

The shifting fashion trends have negatively impacted the global market during coronavirus. For instance, the trend of keeping long beards has reduced the demand for razors. Moreover, the decline in razor blade sales owing to work from culture, which does not mandate proper grooming. Procter & Gamble reported decreased net sales by 2% to US$ 6.1 billion in the fiscal year 2020 in the grooming segment. Besides, slashed shaving needs have further retarded the expansion of the market. Nevertheless, the rising disposable income and awareness about grooming will certainly create openings for the market in the near future.


Get Discount on This Research Report:

https://www.fortunebusinessinsights.com/enquiry/check-discount/disposable-razor-blades-market-102561


Regional Analysis:

Increased Purchasing Power of Consumers to Boost Market in Europe

The market for disposable razor blades in Europe stood at USD 1.14 billion in 2019 and is expected to remain dominant during the forecast period. The growth in the region is attributed to the high purchasing power of consumers for premium and branded non-refillable razors. For instance, BIC group which is ranked number two in the global one-piece razors market produces around 2.6 billion shavers along with 4.9 billion blades every year to serve the needs of the consumers. The surge in travelers can contribute positively to the market in Europe.

As per the Tourism Statistics released in January 2020 by Eurostat, in 2018 at least one personal tourism trip was taken by about 64% of the residents of the EU. The market in Asia Pacific is expected to hold a significant share in the market owing to the rising demand for razor blades in countries such as China, Japan, and India. The inflated demand for low-cost disposable razors will propel the growth of the market in the region.


Key Development:

August 2019: Gillette and Gillette Venus announced its collaboration with TerraCycle, a leading organization in recycling. Under this partnership, all razor, as well as disposable razor blades of these brands, will be recycled.


The Report Lists the Key Companies in the Disposable Razor Blades Market:

  • Procter & Gamble Co. (Ohio, U.S.)
  • BIC Group (Paris, France)
  • Super-Max Group (Dubai, UAE)
  • Edgewell Personal Care (Shelton, U.S.)
  • Kai Group (Tokyo, Japan)
  • LORD International Co. (Alexandria, Egypt)
  • DORCO CO, LTD. (Seoul, South Korea)
  • Kaili Group (Ningbo, China)
  • Laroch co. (Shuaiba, Kuwait)
  • Perio Inc. (Dublin, U.S.)


Browse Detailed Summary of Research Report with TOC:

https://www.fortunebusinessinsights.com/disposable-razor-blades-market-102561


Detailed Table of Content:

  • Introduction
    • Research Scope
    • Market SegHouseholdtation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
    • Emerging Trends
  • Key Insights
    • Overview of the Parent/Related Markets
    • Industry SWOT Analysis
    • Regulatory Analysis
    • Recent Industry DevelopHouseholdts - Policies, Partnerships, New Product  Launches, and Mergers & Acquisitions
    • Qualitative Analysis (in relation to COVID-19)
      • Impact of COVID-19
      • Supply Chain Challenges
      • Potential Opportunities due to COVID-19
  • Global Disposable Razor Blades Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Size Estimates and Forecast 
      • By Blade Count (Value)
        • 1 & 2 Blades
        • 3 & 4 Blades
        • 5 & More Blades     
      • By End-user (Value)
        • Men
        • Women
      • By Distribution Channel (Value)
        • Supermarkets/Hypermarkets
        • Pharmacies
        • Online
        • Others
      • By Region (Value)
        • North America
        • Europe
        • Asia Pacific
        • South America
        • Middle East & Africa

TOC Continued…!


Get your Customized Research Report:

https://www.fortunebusinessinsights.com/enquiry/customization/disposable-razor-blades-market-102561


Have a Look at Related Research Insights:

Bath and Shower Products Market Size, Share & COVID-19 Impact Analysis, By Product Type (Bath Soaps, Body Wash/Shower Gel, Bath Additives), By Form (Solid, Gels & Jellies, Liquid), By End User By Distribution Channel, and Regional Forecast, 2020-2027

Hair Removal Products Market Size, Share & COVID-19 Impact Analysis, By Product (Creams, Ready to use Wax Strips, Electronic Devices, and Razors), Gender (Men and Women), End User (Dermatology Clinics and Beauty Clinics), and Regional Forecast, 2020-2027


About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.


Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.


Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Emailsales@fortunebusinessinsights.com

Fortune Business Insights™

LinkedIn | Twitter | Blogs


Read Press Release:

https://www.fortunebusinessinsights.com/press-release/global-disposable-razor-blades-market-10251

Primary Logo

Powered by EIN News


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release