Market Overview:
The global safety razor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for disposable razors from barber shops and salons, as well as an increase in the number of working women across the globe. In addition, rising awareness about personal hygiene and grooming is also contributing to the growth of this market. The global safety razor market can be segmented on the basis of type into carbon steel, alloy steel, and other types. The carbon steel segment is expected to account for a major share of the global safety razor market during the forecast period owing to its low cost and high durability. On the basis of application,the household segment is expected to dominatethe global safety razormarket duringthe forecastperiod owingtoits high demandfrom emerging markets such as Indiaand China .
Product Definition:
A safety razor is a type of shaving implement that uses one or more blades to cut hair, typically on the face. The blade or blades are mounted on a handle and inserted into a head that contains a guard designed to protect the skin from being cut.
Carbon Steel:
Carbon steel is a form of iron alloyed with carbon. The product has high carbon content ranging from 0.2 to 4 percent by weight, and the typical composition ranges from 0.8 to 1.2 percent carbon steel and the balance being iron-silicone steel (IS).
Alloy Steel:
Alloy steel is a combination of iron and other metals, which results in better performance as compared to carbon steel. It has excellent properties such as ductility, toughness, hardness, corrosion resistance and high-temperature stability. The product is used for manufacturing razors because of these superior characteristics.
The global safety razor market size was valued at USD 2.05 billion in 2016.
Application Insights:
The other application segment includes personal use and professional use. Personal use is expected to be the fastest-growing segment at a CAGR of XX% from 2018 to 2030 owing to the increasing disposable income among consumers in developing countries including China, India, Brazil, Mexico and so on. The household segment accounted for more than half of the global market share in 2017 due to high product demand among this population group as they are economical alternatives compared with commercial blades. Safety razors provide an efficient & clean shave which is likely to increase their demand among households across regions especially in emerging economies such as China and India where shaving is considered a manly activity and growing beard trend has increased its popularity even further amongst male adults over there.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period owing to high demand for safety razors from U.S., which is one of the most developed countries in terms of technology and innovation. Moreover, increasing number of men’s grooming shops such as barbershops and salons are also driving product demand over the forecast period.
Asia Pacific is anticipated to be one of fastest growing regional markets at a CAGR exceeding 5% from 2018 to 2030 due to rapid urbanization, rising disposable income levels among consumers, and changing lifestyles resulting into increased spending on personal care products such as safety razors that enhance shaving experience. In addition, increasing penetration of e-commerce companies selling luxury goods including personalized beard trimmers will drive growth further over next eight years (2030).
Growth Factors:
- Increasing awareness about the importance of personal hygiene and grooming among men.
- Rising disposable income of men in developing countries.
- Growing popularity of wet shaving over traditional dry shaving methods among men.
- Introduction of innovative and technologically advanced safety razors in the market by leading players.
- Increasing number of male population aged above 30 years, who are more inclined towards using safety razors for better grooming results
Scope Of The Report
Report Attributes
Report Details
Report Title
Safety Razor Market Research Report
By Type
Carbon Steel, Alloy Steel, Other
By Application
Household, Barber Shop, Salon, Other
By Companies
Dovo, Boker King Cutter, Thiers-Issard, Bison + Max Sprecher, A.P. Donovan, Philips, Panasonic, Hart Steel, Wacker, Flyco, POVOS, SID
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Safety Razor Market Report Segments:
The global Safety Razor market is segmented on the basis of:
Types
Carbon Steel, Alloy Steel, Other
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
Household, Barber Shop, Salon, Other
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:
- Dovo
- Boker King Cutter
- Thiers-Issard
- Bison + Max Sprecher
- A.P. Donovan
- Philips
- Panasonic
- Hart Steel
- Wacker
- Flyco
- POVOS
- SID
Highlights of The Safety Razor 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:
- Carbon Steel
- Alloy Steel
- Other
- By Application:
- Household
- Barber Shop
- Salon
- Other
- 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 Safety Razor 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
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- 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?
A safety razor is a type of razor that has a guard to protect the user's hand.
Some of the major players in the safety razor market are Dovo, Boker King Cutter, Thiers-Issard, Bison + Max Sprecher, A.P. Donovan, Philips, Panasonic, Hart Steel, Wacker, Flyco, POVOS, SID.
The safety razor market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Safety Razor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Safety Razor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Safety Razor Market - Supply Chain
4.5. Global Safety Razor Market Forecast
4.5.1. Safety Razor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Safety Razor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Safety Razor Market Absolute $ Opportunity
5. Global Safety Razor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Safety Razor Market Size and Volume Forecast by Type
5.3.1. Carbon Steel
5.3.2. Alloy Steel
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Safety Razor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Safety Razor Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Barber Shop
6.3.3. Salon
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Safety Razor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Safety Razor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Safety Razor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Safety Razor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Safety Razor Demand Share Forecast, 2019-2026
9. North America Safety Razor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Safety Razor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Safety Razor Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Barber Shop
9.4.3. Salon
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Safety Razor Market Size and Volume Forecast by Type
9.7.1. Carbon Steel
9.7.2. Alloy Steel
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Safety Razor Demand Share Forecast, 2019-2026
10. Latin America Safety Razor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Safety Razor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Safety Razor Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Barber Shop
10.4.3. Salon
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Safety Razor Market Size and Volume Forecast by Type
10.7.1. Carbon Steel
10.7.2. Alloy Steel
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Safety Razor Demand Share Forecast, 2019-2026
11. Europe Safety Razor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Safety Razor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Safety Razor Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Barber Shop
11.4.3. Salon
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Safety Razor Market Size and Volume Forecast by Type
11.7.1. Carbon Steel
11.7.2. Alloy Steel
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growt Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Safety Razor Demand Share, 2019-2026
12. Asia Pacific Safety Razor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Safety Razor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Safety Razor Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Barber Shop
12.4.3. Salon
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Safety Razor Market Size and Volume Forecast by Type
12.7.1. Carbon Steel
12.7.2. Alloy Steel
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Safety Razor Demand Share, 2019-2026
13. Middle East & Africa Safety Razor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Safety Razor Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Safety Razor Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Barber Shop
13.4.3. Salon
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Safety Razor Market Size and Volume Forecast by Type
13.7.1. Carbon Steel
13.7.2. Alloy Steel
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Safety Razor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Safety Razor Market: Market Share Analysis
14.2. Safety Razor Distributors and Customers
14.3. Safety Razor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dovo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Boker King Cutter
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Thiers-Issard
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bison + Max Sprecher
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. A.P. Donovan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Philips
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Panasonic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hart Steel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wacker
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Flyco
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. POVOS
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SID
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
