Table of contents:
1. Introduction and Market Overview
2. Market Segmentation by Product Type
- 2-1.Revenue by Product Type (2024, in Million USD)
- 2-2.Forecasted Market Size (2025-2030, in Million USD)
3. Market Segmentation by Blade Type
- 3-1.Revenue by Blade Type (2024, in Million USD)
- 3-2.Historical Market Size (2019-2024, in Million USD)
- 3-3.Forecasted Market Size (2025-2030, in Million USD)
4. Market Segmentation by Consumer Group
- 4-1.Revenue by Consumer Group (2024, in Million USD)
- 4-2.Historical Market Size (2019-2024, in Million USD)
- 4-3.Forecasted Market Size (2025-2030, in Million USD)
5. Market Segmentation by Distribution Channel
- 5-1.Revenue by Distribution Channel (2024, in Million USD)
- 5-2.Historical Market Size (2019-2024, in Million USD)
- 5-3.Forecasted Market Size (2025-2030, in Million USD)
6. Market Segmentation by Market Segment
- 6-1. Revenue by Market Segment (2024, in Million USD)
- 6-2. Historical Market Size (2019-2024, in Million USD)
- 6-3. Forecasted Market Size (2025-2030, in Million USD)
7. Geographical Analysis
- 7-1.Forecasted Market Size (2025-2030, in Million USD)
8. Market Trends and Insights
9. समाप्ति
1. Introduction and Market Overview
The global razor market reached a revenue of $18.7612 अरब में 2024 and is projected to grow to $21.9543 बिलियन बाय 2030, with a compound annual growth rate (सीएजीआर) का 2.7% during the forecast period (2025-2030). Key growth drivers include:
- Population growth in developing countries such as China, India, and Brazil.
- Rising disposable income and increased focus on personal grooming.
- Urbanization and the influence of Western culture in emerging markets.
फिर भी, trends like the rising popularity of beards and the “Movember” movement have restrained demand for non-electric razors, while boosting the electric razor segment.
2. Market Segmentation by Product Type
The market is segmented into five product types:
- Disposable razors
- Electric razors
- Replaceable blade razors
- Double-edge razors
- Straight razors
में 2024, replaceable blade razors led with a revenue of $6.6145 एक अरब, followed by electric razors at $5.1689 एक अरब. Electric razors are expected to grow the fastest, with a CAGR of 5.6% from 2025 तक 2030, driven by demand for advanced grooming solutions.
Revenue by Product Type (2024, in Million USD)
उत्पाद प्रकार |
Revenue (2024) |
---|---|
डिस्पोजेबल रेज़र |
4,787.8 |
इलेक्ट्रिक रेज़र |
5,168.9 |
बदली ब्लेड रेज़र |
6,614.5 |
डबल-एज रेज़र |
782.9 |
स्ट्रेट रेज़र |
1,407.1 |
कुल |
18,761.2 |
Forecasted Market Size (2025-2030, in Million USD)
उत्पाद प्रकार |
2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
सीएजीआर (2025-2030) |
---|---|---|---|---|---|---|---|
4,870.2 | 4,943.2 | 5,024.7 | 5,112.2 | 5,190.3 | 5,283.7 | 1.6% | |
इलेक्ट्रिक रेज़र |
5,451.9 | 5,740.7 | 6,055.1 | 6,393.9 | 6,739.2 | 7,154.2 | 5.6% |
बदली ब्लेड रेज़र |
6,721.8 | 6,807.5 | 6,901.7 | 7,000.4 | 7,082.4 | 7,180.8 | 1.3% |
792.1 | 799.8 | 809.0 | 818.6 | 826.3 | 839.0 | 1.2% | |
स्ट्रेट रेज़र |
1,423.3 | 1,440.6 | 1,460.7 | 1,483.3 | 1,503.9 | 1,496.6 | 1.0% |
कुल |
19,259.3 | 19,731.7 | 20,251.1 | 20,808.4 | 21,342.1 | 21,954.3 | 2.7% |
3. Market Segmentation by Blade Type
The market is divided into:
- Carbon steel blades
- Stainless steel blades
में 2024, stainless steel blades dominated with $17.5745 राजस्व में अरब, compared to $1.1867 billion for carbon steel blades, due to their superior quality, rust resistance, and longer sharpness.
Revenue by Blade Type (2024, in Million USD)
ब्लेड प्रकार |
Revenue (2024) |
---|---|
कार्बन स्टील ब्लेड |
1,186.7 |
स्टेनलेस स्टील ब्लेड |
17,574.5 |
कुल |
18,761.2 |
Historical Market Size (2019-2024, in Million USD)
ब्लेड प्रकार |
2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
सीएजीआर (2019-2024) |
---|---|---|---|---|---|---|---|
कार्बन स्टील ब्लेड |
1,149.8 | 1,107.2 | 1,155.5 | 1,169.1 | 1,177.7 | 1,186.7 | 0.6% |
स्टेनलेस स्टील ब्लेड |
15,604.3 | 15,295.5 | 16,249.9 | 16,696.4 | 17,125.4 | 17,574.5 | 2.4% |
कुल |
16,754.1 | 16,402.7 | 17,405.4 | 17,865.5 | 18,303.1 | 18,761.2 | 2.3% |
Forecasted Market Size (2025-2030, in Million USD)
ब्लेड प्रकार |
2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
सीएजीआर (2025-2030) |
---|---|---|---|---|---|---|---|
कार्बन स्टील ब्लेड |
1,197.3 | 1,205.5 | 1,215.8 | 1,223.1 | 1,224.3 | 1,236.7 | 0.7% |
स्टेनलेस स्टील ब्लेड |
18,062.1 | 18,526.2 | 19,035.3 | 19,585.3 | 20,117.8 | 20,717.6 | 2.8% |
कुल |
19,259.3 | 19,731.7 | 20,251.1 | 20,808.4 | 21,342.1 | 21,954.3 | 2.7% |
4. Market Segmentation by Consumer Group
The market is segmented into:
- Male consumers
- Female consumers
में 2024, male consumers contributed $16.1665 एक अरब, driven by higher demand for shaving products, while female consumers accounted for $2.5947 एक अरब. Female consumers are projected to grow faster, with a CAGR of 3.9% from 2025 तक 2030, due to urbanization and the expanding beauty industry.
Revenue by Consumer Group (2024, in Million USD)
उपभोक्ता समूह |
Revenue (2024) |
---|---|
पुरुष उपभोक्ता |
16,166.5 |
महिला उपभोक्ता |
2,594.7 |
कुल |
18,761.2 |
Historical Market Size (2019-2024, in Million USD)
उपभोक्ता समूह |
2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
सीएजीआर (2019-2024) |
---|---|---|---|---|---|---|---|
पुरुष उपभोक्ता |
14,565.4 | 14,235.2 | 15,078.9 | 15,450.1 | 15,800.2 | 16,166.5 | 2.1% |
महिला उपभोक्ता |
2,188.7 | 2,167.6 | 2,326.6 | 2,415.4 | 2,502.9 | 2,594.7 | 3.5% |
कुल |
16,754.1 | 16,402.7 | 17,405.4 | 17,865.5 | 18,303.1 | 18,761.2 | 2.3% |
Forecasted Market Size (2025-2030, in Million USD)
उपभोक्ता समूह |
2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
सीएजीआर (2025-2030) |
---|---|---|---|---|---|---|---|
पुरुष उपभोक्ता |
16,565.6 | 16,940.8 | 17,354.6 | 17,798.9 | 18,221.1 | 18,689.1 | 2.4% |
महिला उपभोक्ता |
2,693.7 | 2,790.9 | 2,896.5 | 3,009.5 | 3,121.1 | 3,265.2 | 3.9% |
कुल |
19,259.3 | 19,731.7 | 20,251.1 | 20,808.4 | 21,342.1 | 21,954.3 | 2.7% |
5. Market Segmentation by Distribution Channel
The market is segmented into:
- हाइपरमार्केट/सुपरमार्केट
- सुलभ दुकान
- विभागीय स्टोर
- ऑनलाइन चैनल
- Others (pharmacies, grocery stores, beauty stores)
में 2024, hypermarkets/supermarkets held the largest share at $6.4043 एक अरब (34%), while online channels at $2.4929 billion are expected to grow the fastest with a CAGR of 3.7% from 2025 तक 2030, driven by convenience and promotional offers.
Revenue by Distribution Channel (2024, in Million USD)
Distribution Channel |
Revenue (2024) |
---|---|
हाइपरमार्केट/सुपरमार्केट |
6,404.3 |
सुलभ दुकान |
3,695.2 |
विभागीय स्टोर |
4,837.9 |
ऑनलाइन चैनल |
2,492.9 |
Others |
1,330.9 |
कुल |
18,761.2 |
Historical Market Size (2019-2024, in Million USD)
Distribution Channel |
2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
सीएजीआर (2019-2024) |
---|---|---|---|---|---|---|---|
हाइपरमार्केट/सुपरमार्केट |
5,762.5 | 5,630.7 | 5,963.5 | 6,121.0 | 6,259.3 | 6,404.3 | 2.1% |
सुलभ दुकान |
3,416.1 | 3,320.3 | 3,497.5 | 3,572.3 | 3,632.4 | 3,695.2 | 1.6% |
विभागीय स्टोर |
4,270.4 | 4,192.5 | 4,461.0 | 4,582.5 | 4,707.3 | 4,837.9 | 2.5% |
ऑनलाइन चैनल |
2,121.9 | 2,099.6 | 2,251.6 | 2,325.1 | 2,407.0 | 2,492.9 | 3.3% |
Others |
1,183.1 | 1,159.6 | 1,231.9 | 1,264.6 | 1,297.0 | 1,330.9 | 2.4% |
कुल |
16,754.1 | 16,402.7 | 17,405.4 | 17,865.5 | 18,303.1 | 18,761.2 | 2.3% |
Forecasted Market Size (2025-2030, in Million USD)
Distribution Channel |
2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
सीएजीआर (2025-2030) |
---|---|---|---|---|---|---|---|
हाइपरमार्केट/सुपरमार्केट |
6,562.6 | 6,711.8 | 6,876.6 | 7,054.0 | 7,223.0 | 7,418.2 | 2.5% |
सुलभ दुकान |
3,764.3 | 3,826.8 | 3,896.8 | 3,972.3 | 4,041.5 | 4,123.7 | 1.8% |
विभागीय स्टोर |
4,979.4 | 5,114.7 | 5,262.6 | 5,421.0 | 5,573.8 | 5,747.7 | 2.9% |
ऑनलाइन चैनल |
2,585.5 | 2,675.9 | 2,774.1 | 2,879.0 | 2,982.1 | 3,097.9 | 3.7% |
Others |
1,367.6 | 1,402.6 | 1,441.0 | 1,482.1 | 1,521.6 | 1,566.8 | 2.8% |
कुल |
19,259.3 | 19,731.7 | 20,251.1 | 20,808.4 | 21,342.1 | 21,954.3 | 2.7% |
6. Market Segmentation by Market Segment
The market is divided into:
- Mass market
- Mid-range market
- Premium market
में 2024, the mass market led with $9.6144 एक अरब, driven by affordability in regions like Asia-Pacific (e.g., India and China with GDP per capita of $2,731 और $13,136, respectively). The premium market is expected to grow the fastest at a CAGR of 3.3% from 2025 तक 2030.
Revenue by Market Segment (2024, in Million USD)
Market Segment |
Revenue (2024) |
---|---|
मास मार्केट |
9,614.4 |
मिड-रेंज मार्केट |
5,390.8 |
प्रीमियम मार्केट |
3,756.1 |
कुल |
18,761.2 |
Historical Market Size (2019-2024, in Million USD)
Market Segment |
2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
सीएजीआर (2019-2024) |
---|---|---|---|---|---|---|---|
मास मार्केट |
8,557.6 | 8,383.6 | 8,902.0 | 9,143.3 | 9,373.4 | 9,614.4 | 2.4% |
मिड-रेंज मार्केट |
4,953.1 | 4,822.1 | 5,088.1 | 5,192.9 | 5,289.6 | 5,390.8 | 1.7% |
प्रीमियम मार्केट |
3,243.3 | 3,196.9 | 3,415.4 | 3,529.3 | 3,640.0 | 3,756.1 | 3.0% |
कुल |
16,754.1 | 16,402.7 | 17,405.4 | 17,865.5 | 18,303.1 | 18,761.2 | 2.3% |
Forecasted Market Size (2025-2030, in Million USD)
Market Segment |
2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
सीएजीआर (2025-2030) |
---|---|---|---|---|---|---|---|
मास मार्केट |
9,876.2 | 10,125.2 | 10,398.6 | 10,691.9 | 10,973.5 | 11,295.9 | 2.7% |
मिड-रेंज मार्केट |
5,501.7 | 5,603.6 | 5,717.1 | 5,839.5 | 5,953.3 | 6,087.0 | 2.0% |
प्रीमियम मार्केट |
3,881.4 | 4,002.9 | 4,135.4 | 4,277.0 | 4,415.3 | 4,571.4 | 3.3% |
कुल |
19,259.3 | 19,731.7 | 20,251.1 | 20,808.4 | 21,342.1 | 21,954.3 | 2.7% |
7. Geographical Analysis
में 2024, Asia-Pacific held the largest market share at 40.6% ($7.617 एक अरब), followed by Europe (21.4%), North America (16.9%), Latin America (14.5%), and the Middle East & Africa (6.6%). Asia-Pacific’s dominance is due to its large population and economic growth in countries like China (36.4% of APAC revenue) and India (34.1% of APAC revenue).
Historical Market Size (2019-2024, in Million USD)
Region |
2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
सीएजीआर (2019-2024) |
---|---|---|---|---|---|---|---|
North America |
2,955.4 | 2,868.8 | 3,018.1 | 3,071.1 | 3,118.8 | 3,168.8 | 1.4% |
Europe |
3,689.2 | 3,590.6 | 3,787.4 | 3,864.3 | 3,935.2 | 4,009.3 | 1.7% |
Asia-Pacific |
6,599.4 | 6,500.7 | 6,940.2 | 7,166.9 | 7,386.8 | 7,617.0 | 2.9% |
Latin America |
2,379.1 | 2,339.4 | 2,493.2 | 2,570.1 | 2,644.4 | 2,722.3 | 2.7% |
Middle East & Africa |
1,130.9 | 1,103.2 | 1,166.5 | 1,193.1 | 1,217.9 | 1,243.9 | 1.9% |
कुल |
16,754.1 | 16,402.7 | 17,405.4 | 17,865.5 | 18,303.1 | 18,761.2 | 2.3% |
Forecasted Market Size (2025-2030, in Million USD)
Region |
2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
सीएजीआर (2025-2030) |
---|---|---|---|---|---|---|---|
North America |
3,224.0 | 3,273.5 | 3,329.3 | 3,389.7 | 3,444.6 | 3,510.5 | 1.7% |
Europe |
4,090.7 | 4,165.4 | 4,248.7 | 4,338.6 | 4,422.1 | 4,520.4 | 2.0% |
Asia-Pacific |
7,865.9 | 8,106.6 | 8,369.0 | 8,649.6 | 8,923.1 | 9,232.2 | 3.3% |
Latin America |
2,806.5 | 2,887.5 | 2,976.1 | 3,070.9 | 3,162.9 | 3,267.2 | 3.1% |
Middle East & Africa |
1,272.3 | 1,298.7 | 1,328.1 | 1,359.6 | 1,389.4 | 1,424.0 | 2.3% |
कुल |
19,259.3 | 19,731.7 | 20,251.1 | 20,808.4 | 21,342.1 | 21,954.3 | 2.7% |
8. Market Trends and Insights
- Beard Trends: The growing popularity of beards and “Movember” has reduced demand for non-electric razors, while increasing demand for electric razors for grooming.
- Competitive Dynamics: New entrants like Dollar Shave Club (Unilever) और XIRUI Group have intensified competition, forcing established players like Procter & Gamble (Gillette) to lower prices, impacting their revenue.
9. समाप्ति
The global razor market is set for steady growth, driven by rising incomes and grooming awareness in developing regions. While non-electric razors dominate, electric razors are gaining traction. Asia-Pacific will remain the largest market, supported by population and economic factors, with the premium segment showing the fastest growth potential.