What is Razor Blades Market?
Razor Blades are blades attached in the Razor with sharp edges used to remove unwanted hair from the face or body. The growing interest in grooming, hairstyling along with the increasing disposable income of people is the major driving factor in the growth of the very market. Market players are focusing on making sustainable and recycling razor products by using advanced technology to increase the efficiency of razor blades.
The market study is being classified by Type (Single Edge Razor Blades and Double Edge Razor Blades) and major geographies with country level break-up.
Gillette(P&G) (United States), Edgewell Personal Care (United States), Energizer (United States), BIC (France), Lord (United States), DORCO (South Korea), Supermax (Malaysia), Harry's(Feintechnik), FEATHER Safety Razor Co. Ltd. (Japan) and Benxi Jincheng (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Kaili Razor (China), Ningbo Jiali (China), Liyu Razor (China), Shanghai Cloud (China) and Yingjili Electrical Equipment Co. Ltd (China).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Razor Blades market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Razor Blades market by Type, Application and Region.
On the basis of geography, the market of Razor Blades has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Disposable Income of Middle-Class Population and Standard of Living
- Increasing Interest in Grooming and Hairstyling
Market Trend
- Increasing Prevalence of E-commerce market is impacting the Razor Blades Market
Restraints
- High Raw Material Cost Involve in Manufacturing of Razor Blades
- Expensive Import and Export of Raw Material
Opportunities
- Improving Technology & Efficiency and Reducing the Cost of Razor Blades
- Increasing Brand Awareness through Advertisement
Challenges
- The Threat of New Entrants with Low Price Razor Blades
Key Target Audience
Razor Blades Manufactures, Razor Blades Distributors and Suppliers, Razor Blades International Traders, Research and Development Institutes, Financial Institutes and Venture Capital and Others