What is Double Edge Blades Market?
Double edge blades are the blades that both sides can be used to shave. These blades can be used twice as long as a single edge razor blade because it’s really two blades in one. These blades generally made of stainless steel material that guarantees long-lasting durability. Ease of Availability and Low Price of the Blades and Increased Disposable Income of the People are the driving factors for the global double edge blades market. Fluctuations in the Raw Material Prices Such as Steel and Increasing Preference for Single Edge Blades are the restraining factors for the double edge blades market.
The market study is being classified by Type (Carbon Steel Blade and Stainless Steel Blade), by Application (Razor Blade, Industrial Blade and Others) and major geographies with country level break-up.
Gillette (United States), Edgewell (United States), Société Bic S.A. (France), Supermax (Malaysia), LORD Corporation (United States), Benxi Jincheng (China), Samah Razor Blades Industries Limited (Bangladesh), FEATHER Safety Razor Co. (Japan), Feintechnik Gmbh (Germany) and AccuTec Blades, Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Kaili Razor (China).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Double Edge Blades market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Double Edge Blades market by Type, Application and Region.
On the basis of geography, the market of Double Edge 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
- Ease of Availability and Low Price of the Blades
- Increased Disposable Income of the People
Market Trend
- Rise in the Promotional Activities by the Manufacturers
- Increasing Demand from the Online Platforms
Restraints
- Fluctuations in the Raw Material Prices Such as Steel
- Increasing Preference for Single Edge Blades
Opportunities
- Growing E-Commerce Industry Worldwide
- Growth in the Personal Care Products Market
Challenges
- Increasing Competition in the Market
- Fluctuations in the World Economy may Hamper the Growth
In April 2019, Parker Hannifin Corporation has announced that it has entered into a definitive agreement to acquire LORD Corporation. The transaction has been approved by the Board of Directors of each company and is subject to customary closing conditions, including receipt of applicable regulatory approvals.
Key Target Audience
Double Edge Blades Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users