Market Overview:
The global premium wet shave market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for premium wet shave products, especially in developed countries. In terms of type, the cartridge razor segment is expected to dominate the global premium wet shave market during the forecast period. This can be attributed to factors such as ease of use and low cost of cartridges as compared with other types of razors.
Product Definition:
A premium wet shave is a type of shave that uses high-quality, expensive shaving products to get a close, comfortable shave. Shaving creams, soaps, and aftershaves are all considered part of a premium wet shave. The importance of using high-quality products lies in the fact that they can help to prevent razor burn, nicks and cuts, and other irritation.
Double-Blade Razor:
Double-blade razor is a device that cuts the hair with two blades instead of one. The first blade is generally known as the “razor” and second blade, which is usually attached to the handle, called “razors” or sometimes "screw" because of its shape. The main advantage associated with this product includes less time consumption in shaving due to quick strokes achieved by using double-edge razor.
Single-Blade Razor:
Single-blade razor is a tool that is used for the shaving of facial hair. It has one blade and it is fixed to a handle which can be held in either hand by means of a grip attached to the base of the handle or it can be laid flat on its back. The blades are usually made from steel and have replaceable blades, although some disposable razors also exist.
Application Insights:
The premium wet shave market is segmented based on application into direct to consumer, indirect distribution and others. The other segment includes barbershops, beauty parlors and hotels. The direct to consumer segment held the largest share of over 70% in 2017. This is attributed to growing awareness about personal grooming among consumers across the globe. Moreover, increasing preference for a traditional wet shaving experience has led consumers towards premium blades over low-quality alternatives at an affordable price range as compared with high street shops or online retailers selling cartridges or disposable razors at cheaper prices.
Indirect distribution channels are expected to witness significant growth during the forecast period owing to rising penetration of electric shavers among middle-class population that can afford expensive replacement blades every few months along with improved technology innovations by companies such as Panasonic that offer advanced features such as 3D shaving capability.
Regional Analysis:
North America dominated the global premium wet shave market in 2017. The rising demand for men’s grooming products is one of the key factors driving growth. In addition, growing awareness regarding personal hygiene and cleanliness among men has led to an increase in spending on shaving products over the past few years.
Asia Pacific is expected to be one of the fastest-growing markets during the forecast period owing to increasing penetration of international brands and their efforts at tapping into untapped markets across countries such as India, China, Japan, Malaysia etc. Moreover, a large young population with high disposable income will continue fueling regional growth over next eight years.
Growth Factors:
- Increasing demand for premium wet shave products from the male population due to growing awareness about the benefits of using these products.
- Proliferation of online retail channels that offer a wide range of premium wet shave products, making them more easily accessible to consumers.
- Introduction of innovative and technologically advanced wet shave products that provide better performance and results than traditional shaving methods.
- Growing popularity of beard grooming among men, which is driving demand for premium wet shave products that can help tame unruly beards effectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Premium Wet Shave Market Research Report
By Type
Double-Blade Razor, Single-Blade Razor, Cartridge Razor, Straight Razor, Others
By Application
Direct to Consumer, Indirect Distribution
By Companies
Viking Revolution, Gentleman Jon, Bevel (Walker and Company), Billie, One Blade Shave, Supply Co, Parker Shaving, Muhle Shaving, DORCO, Edwin Jagger, DOVO, Baxter Of California, Timeless Razor, Rockwell Razors
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Premium Wet Shave Market Report Segments:
The global Premium Wet Shave market is segmented on the basis of:
Types
Double-Blade Razor, Single-Blade Razor, Cartridge Razor, Straight Razor, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Direct to Consumer, Indirect Distribution
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Viking Revolution
- Gentleman Jon
- Bevel (Walker and Company)
- Billie
- One Blade Shave
- Supply Co
- Parker Shaving
- Muhle Shaving
- DORCO
- Edwin Jagger
- DOVO
- Baxter Of California
- Timeless Razor
- Rockwell Razors
Highlights of The Premium Wet Shave Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Double-Blade Razor
- Single-Blade Razor
- Cartridge Razor
- Straight Razor
- Others
- By Application:
- Direct to Consumer
- Indirect Distribution
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Premium Wet Shave Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Premium wet shave is a type of men's grooming service that involves the use of quality shaving products and a skilled barber. The goal is to provide an exceptional experience that leaves you feeling refreshed and invigorated.
Some of the key players operating in the premium wet shave market are Viking Revolution, Gentleman Jon, Bevel (Walker and Company), Billie, One Blade Shave, Supply Co, Parker Shaving, Muhle Shaving, DORCO, Edwin Jagger, DOVO, Baxter Of California, Timeless Razor, Rockwell Razors.
The premium wet shave market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Premium Wet Shave Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Premium Wet Shave Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Premium Wet Shave Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Premium Wet Shave Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Premium Wet Shave Market Size & Forecast, 2020-2028
4.5.1 Premium Wet Shave Market Size and Y-o-Y Growth
4.5.2 Premium Wet Shave Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Double-Blade Razor
5.2.2 Single-Blade Razor
5.2.3 Cartridge Razor
5.2.4 Straight Razor
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Direct to Consumer
6.2.2 Indirect Distribution
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Premium Wet Shave Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Premium Wet Shave Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Double-Blade Razor
9.6.2 Single-Blade Razor
9.6.3 Cartridge Razor
9.6.4 Straight Razor
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Direct to Consumer
9.10.2 Indirect Distribution
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Double-Blade Razor
10.6.2 Single-Blade Razor
10.6.3 Cartridge Razor
10.6.4 Straight Razor
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Direct to Consumer
10.10.2 Indirect Distribution
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Double-Blade Razor
11.6.2 Single-Blade Razor
11.6.3 Cartridge Razor
11.6.4 Straight Razor
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Direct to Consumer
11.10.2 Indirect Distribution
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Double-Blade Razor
12.6.2 Single-Blade Razor
12.6.3 Cartridge Razor
12.6.4 Straight Razor
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Direct to Consumer
12.10.2 Indirect Distribution
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Double-Blade Razor
13.6.2 Single-Blade Razor
13.6.3 Cartridge Razor
13.6.4 Straight Razor
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Direct to Consumer
13.10.2 Indirect Distribution
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Premium Wet Shave Market: Competitive Dashboard
14.2 Global Premium Wet Shave Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Viking Revolution
14.3.2 Gentleman Jon
14.3.3 Bevel (Walker and Company)
14.3.4 Billie
14.3.5 One Blade Shave
14.3.6 Supply Co
14.3.7 Parker Shaving
14.3.8 Muhle Shaving
14.3.9 DORCO
14.3.10 Edwin Jagger
14.3.11 DOVO
14.3.12 Baxter Of California
14.3.13 Timeless Razor
14.3.14 Rockwell Razors
