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Shaving razor manufacturers have experienced steady growth, with a few exceptions because of the COVID-19 pandemic's impact on consumer behavior. Lockdowns in 2020 and 2021 led to fewer people going to work, which in turn caused a drop in razor usage. Despite these setbacks, the industry has seen stable revenue growth owing to increasing consumer spending and the rise in disposable income over the past five years. This increase in financial stability among consumers has driven a preference for premium products, helping boost revenue. However, the landscape continues to evolve with growing competition from electric razors and laser hair removal, which are changing consumer grooming habits. Industry revenue has been increasing at a CAGR of 1.0% over the past five years to total an estimated $2.9 billion in 2025, including an estimated increase of 0.9% in 2025. Over the past five years, the shaving razor industry has faced its share of challenges. Yet, Procter and Gamble (P&G) has expanded its market share significantly. P&G's Gillette Shave Club has capitalized on the e-commerce boom, contributing to market share expansions. Both exports and imports have fallen, influenced by manufacturing facility locations by prominent manufacturers satisfying international demand and favorable trade agreements like the United States-Mexico-Canada Agreement (USMCA) boosting imports from Mexico. Shaving razor manufacturers have endured profit declines. While manufacturers have navigated higher input costs, higher wage costs have contributed to profit declines. Looking forward, shaving razor manufacturers are poised for growth, though challenges loom. Consumer spending and disposable income are set to increase, potentially driving further demand for premium products. Yet shifting grooming trends, such as the popularity of beards and remote work, might dampen daily shaving needs. Meanwhile, export growth seems promising, but increasing import competition could squeeze domestic manufacturers. Rising input costs for materials like steel and plastic, alongside persistent labor shortages, are set to maintain pressure on profit. At the same time, competition from subscription-based companies like Dollar Shave Club and Billie presents a growing threat, necessitating strategic innovation and marketing efforts to capture evolving consumer preferences. Industry revenue is forecast to increase at a CAGR of 1.2% to total an estimated $3.1 billion through the end of 2025.
In 2019, the Private label disposable razor brands had a market share of **** percent in the United States. The Gillette Venus brand owned a market share of *** percent that year.
The global average revenue per capita in the 'Shaving' segment of the beauty & personal care market was forecast to continuously increase between 2025 and 2030 by in total 0.6 U.S. dollars (+12.35 percent). After the tenth consecutive increasing year, the average revenue per capita is estimated to reach 5.46 U.S. dollars and therefore a new peak in 2030. Notably, the average revenue per capita of the 'Shaving' segment of the beauty & personal care market was continuously increasing over the past years.Find further information concerning the revenue in the 'Shower & Bath' segment of the beauty & personal care market in China and the average revenue per capita in the beauty & personal care market in New Zealand. The Statista Market Insights cover a broad range of additional markets.
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The United States razor market size is projected to grow at a CAGR of 3.00% between 2025 and 2034, aided by growing consumer awareness regarding the importance of personal grooming in the country.
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The razor and blade market share is estimated to show consistent growth throughout the forecast period, expanding at a CAGR of 4%. The razor and blade market value is expected to expand from US$ 3,540.8 million in 2024 to US$ 5,218.7 million by 2034.
Attributes | Key Insights |
---|---|
Estimated Razor and Blade Market Size (2024E) | US$ 3,540.8 million |
Projected Razor and Blade Industry Value (2034F) | US$ 5,218.7 million |
Value-based CAGR (2024 to 2034) | 4% |
Category-wise Razor and Blade Market Share Analysis
Leading Product Type | Double Edge Razors |
---|---|
Value Share (2024) | 46.30% |
Leading Material Type | Stainless Steel Alloys |
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Value Share (2024) | 61.80% |
Razor and Blade Market Analysis by Country
Countries | Forecast CAGR (2024 to 2034) |
---|---|
The United States | 2.70% |
France | 3.10% |
India | 4.80% |
China | 3.60% |
Australia | 5.00% |
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The size of the United States Fabric Shavers Market was valued at USD XX Million in 2023 and is projected to reach USD XX Million by 2032, with an expected CAGR of 4.78% during the forecast period. Fabric shavers, also known as lint removers, are small handheld devices designed to remove fuzz, lint, and pilling from fabrics, restoring their original appearance. In the United States, fabric shavers have become popular household tools, particularly for maintaining the quality of clothing, upholstery, and other textiles. These devices typically consist of a set of rotating blades covered by a perforated guard, which safely trims off the unwanted material without damaging the underlying fabric. The shaved lint is then collected in a compartment that can be emptied as needed. The American market for fabric shavers is diverse, offering a wide range of products from basic manual models to more advanced electric versions. These electric shavers are powered by batteries or a direct electrical source and are designed for ease of use and efficiency. Consumers appreciate fabric shavers for their ability to extend the life of garments and textiles, making them a cost-effective solution for maintaining a polished appearance. The demand for fabric shavers in the U.S. is driven by a combination of factors, including the rise in fast fashion, where consumers seek to maintain the look of their more affordable clothing items, and the growing interest in sustainable living, where people aim to preserve their clothing longer to reduce waste. Additionally, the rise of e-commerce has made it easier for consumers to access a variety of fabric shavers, ranging from budget-friendly options to premium models with additional features like adjustable blade heights and multiple speed settings. Recent developments include: April 2022: Aaron's Company acquired BrandsMart U.S.A. in a deal valuing USD 230 million. Aaron's Company, Inc. is an Atlanta-based firm providing lease-to-own and retail purchase solutions with BrandsMart U.S.A. exists as an appliance and consumer electronics retailer in the southeast United States with ten retail stores in Florida and Georgia., February 2023: Philips Domestic Appliances changed its company name to Versuni. The step was taken after its domestic appliances business became independent. Versuni aims to design and deliver premium products that foster the feeling of home.. Key drivers for this market are: Rising Sales of Apparel and Textile Market, Increasing Revenue of Small Home Appliances. Potential restraints include: Rising Average Price Level of Small Appliances in United States, Lack of Product Awareness Affecting the Market Sales. Notable trends are: Rising Online Sales of Fabric Shavers.
The global revenue change in the 'Shaving' segment of the beauty & personal care market was forecast to continuously decrease between 2025 and 2030 by in total 0.6 percentage points. After the seventh consecutive decreasing year, the revenue change is estimated to reach 2.89 percent and therefore a new minimum in 2030. Find further information concerning the revenue in the beauty & personal care market in Guatemala and the revenue in the 'Fragrances' segment of the beauty & personal care market in Thailand.The Statista Market Insights cover a broad range of additional markets.
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The safety razor blade market in the United States is expected to see an increase in demand over the next decade, with a projected growth in both volume and value. By 2035, the market is forecasted to reach 557 million units and $159 million in value.
When it comes to choosing which razor to buy, American consumers seem to prefer private label brands to any name brand razor. In 2019, about **** million U.S. dollars worth of private label razors were sold in the United States; while Gillette Fusion 5 generated just under **** million U.S. dollars in sales. Private Label Razor Sales Private label products are often more affordable than name brands while maintaining comparable quality and performance levels, which is the primary reason they are so popular among consumers. In 2018, private label razors sold *** million units, more than twice as many as the second leading brand, Gillette Mach3. However, in that same year private label razors experienced a ten percent decrease in sales compared to sales in 2017. Shaving Products in the U.S. For many Americans, personal grooming is a high priority in their daily lives. A May 2017 survey found that ** percent of U.S. consumers use shaving products every day. While some consumers prefer single-use disposable razors, others prefer to purchase cartridges for non-disposable shaving tools. In 2018, disposable razor blades and razor cartridges had a sales value of about *** billion dollars, with disposable razor blades accounting for the larger share of that value.
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The United States Fabric Shavers Market report segments the industry into By Product (Handheld Manual Fabric Shaver, Electric Fabric Shaver, Battery Operated/Charged Fabric Shaver), By End-User (Residential, Commercial), and By Distribution Channel (Hypermarket/Supermarket, Specialty Stores, Multi Brand Stores, Online Channels). Get five years of historical data and five-year forecasts.
This timeline shows Procter & Gamble' revenue worldwide from 2012 to 2024. In 2024, its global revenue amounted to about 84 billion U.S. dollars. The fiscal year end of the company is June 30th, 2024.Procter & GambleProcter & Gamble is a global company with operations in over 180 countries. The company's roots date back to the year 1837 when it was founded by William Procter and James Gamble in Cincinnati, Ohio, where the company's headquarters still remains. P&G manufactures and sells consumer goods across multiple product segments that are a part of the larger beauty, grooming, health care, household care, and baby care reportable business segments. As of 2014, Procter & Gamble announced it was streamlining the company, dropping around 100 brands and concentrating on the remaining 80 brands, which were producing 95 percent of the company's profits.Procter & Gamble sells its products directly to mass merchandisers, grocery stores, membership club stores, drug stores and high-frequency stores. The North American markets (United States and Canada) continue to contribute to the majority of Procter & Gamble's net sales. Advertising expenses Procter & Gamble is also one of the biggest spenders in the world when it comes to its advertising campaign. This 167-year old company has used newspaper advertisements, radio and soap operas to advertise its popular brands like Crest, Pampers, Pantene and Folgers. In 2024, P&G's global advertising expenditure amounted to approximately 9.6 billion U.S. dollars. In the United States alone, Procter & Gamble spent 208 million U.S. dollars promoting its Olay brand in 2022.Since 2000, P&G has been increasingly embracing targeted, viral and online marketing and in 2013 the company rebranded itself as PGE (Procter & Gamble Entertainment) with a new logo and an emphasis on multi-platform entertainment production.
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The global market size of Korea Disposable Razor Blades is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Korea Disposable Razor Blades Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Korea Disposable Razor Blades industry. The key insights of the report:
1.The report provides key statistics on the market status of the Korea Disposable Razor Blades manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Korea Disposable Razor Blades industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Korea Disposable Razor Blades Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Korea Disposable Razor Blades as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Korea Disposable Razor Blades market
* Product Type I
* Product Type II
* Product Type III
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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In 2023, purchases abroad of razors decreased by -5.6% to 1.4B units, falling for the second year in a row after two years of growth.
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Statistics illustrates market overview of parts of non-electric razors (excluding safety razor blades and razor blade blanks in strips) in United States Virgin Islands from 2007 to 2024.
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Number of Businesses statistics on the Shaving Razor Manufacturing industry in the US
Private label razors sold the highest volume of units in the United States in 2019, at *** million. The second leading brand in terms of unit sales was Harry's in that year with *** million units. Leading razor vendors and brands Proctor & Gamble was the leading vendor of razors in the United States in 2016, generating about ***** million U.S. dollars in sales in that year, while private label vendors came in third in terms of razor sales. However, Americans tend to prefer private label razors to name brand razors. In 2018, private label brands sold nearly ** million U.S. dollars of razors, about eight million dollars more than the top name brand, Gillette Fusion5. The popularity of Gillette Fusion5 and other name brand razors is on the rise compared to private label razors. Between 2017 and 2018, Gillette Fision5 experienced highest growth in sales, while private label razors sales declined by about percent in that time period. Men’s grooming in the United States For many men, shaving or trimming one’s facial hair is a daily ritual and a very important step in the day. In North America, the men’s grooming market is expected to grow in size from *** billion U.S. dollars in 2015 to around **** billion dollars by 2020. A survey of American men in 2017 found that about ** percent of respondents in the United States wear a beard at least some of the time, while ** percent never grow a beard.
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The shaving care market is estimated to be valued at US$ 17.8 billion in 2024. The shaving care market is predicted to rise at a CAGR of 7.6% from 2024 to 2034. The global shaving care market is anticipated to reach US$ 37.06 billion by 2034.
Attributes | Key Insights |
---|---|
Estimated Market Size in 2024 | US$ 17.8 billion |
Projected Market Value in 2034 | US$ 37.06 billion |
Value-based CAGR from 2024 to 2034 | 7.6% |
2019 to 2023 Historical Analysis vs. 2024 to 2034 Market Forecast Projections
Historical CAGR 2019 to 2023 | 4.6% |
---|---|
Forecast CAGR 2024 to 2034 | 7.6% |
Country-wise Analysis
Countries | Forecast CAGRs from 2024 to 2034 |
---|---|
The United States | 3.7% |
The United Kingdom | 6.1% |
Australia | 6.3% |
China | 7.2% |
India | 9.4% |
Category-wise Insights
Category | Market Share |
---|---|
Trimmers | 31.2% |
Medium | 68.3% |
Report Scope
Attributes | Details |
---|---|
Estimated Market Size in 2024 | US$ 17.8 billion |
Projected Market Valuation in 2034 | US$ 37.06 billion |
Value-based CAGR 2024 to 2034 | 7.6% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in US$ billion |
Key Regions Covered |
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Key Market Segments Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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The women’s razor market size to reach USD 5.28 billion by 2028, growing at a CAGR of 4.85% during the forecast period. Razors have become the easiest, cheaper method/practice for hair removal among women, propelling the market's growth.
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The U.S. razor market rose to $1.2B in 2024, surging by 2.7% against the previous year. Over the period under review, consumption, however, saw a abrupt setback. Over the period under review, the market hit record highs at $2.6B in 2013; however, from 2014 to 2024, consumption remained at a lower figure.
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The United States fabric shavers market was valued at USD 1004.95 Million in 2024. The industry is expected to grow at a CAGR of 4.90% during the forecast period of 2025-2034 to attain a valuation of USD 1621.43 Million by 2034.
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Shaving razor manufacturers have experienced steady growth, with a few exceptions because of the COVID-19 pandemic's impact on consumer behavior. Lockdowns in 2020 and 2021 led to fewer people going to work, which in turn caused a drop in razor usage. Despite these setbacks, the industry has seen stable revenue growth owing to increasing consumer spending and the rise in disposable income over the past five years. This increase in financial stability among consumers has driven a preference for premium products, helping boost revenue. However, the landscape continues to evolve with growing competition from electric razors and laser hair removal, which are changing consumer grooming habits. Industry revenue has been increasing at a CAGR of 1.0% over the past five years to total an estimated $2.9 billion in 2025, including an estimated increase of 0.9% in 2025. Over the past five years, the shaving razor industry has faced its share of challenges. Yet, Procter and Gamble (P&G) has expanded its market share significantly. P&G's Gillette Shave Club has capitalized on the e-commerce boom, contributing to market share expansions. Both exports and imports have fallen, influenced by manufacturing facility locations by prominent manufacturers satisfying international demand and favorable trade agreements like the United States-Mexico-Canada Agreement (USMCA) boosting imports from Mexico. Shaving razor manufacturers have endured profit declines. While manufacturers have navigated higher input costs, higher wage costs have contributed to profit declines. Looking forward, shaving razor manufacturers are poised for growth, though challenges loom. Consumer spending and disposable income are set to increase, potentially driving further demand for premium products. Yet shifting grooming trends, such as the popularity of beards and remote work, might dampen daily shaving needs. Meanwhile, export growth seems promising, but increasing import competition could squeeze domestic manufacturers. Rising input costs for materials like steel and plastic, alongside persistent labor shortages, are set to maintain pressure on profit. At the same time, competition from subscription-based companies like Dollar Shave Club and Billie presents a growing threat, necessitating strategic innovation and marketing efforts to capture evolving consumer preferences. Industry revenue is forecast to increase at a CAGR of 1.2% to total an estimated $3.1 billion through the end of 2025.