Global Razor Market Analysis - Xiruiglobal.COM

Global Razor Market Analysis

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. Conclusão

1. Introduction and Market Overview

The global razor market reached a revenue of $18.7612 billion in 2024 and is projected to grow to $21.9543 billion by 2030, with a compound annual growth rate (CAGR) de 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.

No entanto, trends like the rising popularity of beards and theMovembermovement have restrained demand for non-electric razors, while boosting the electric razor segment.

xirui razor

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

Em 2024, replaceable blade razors led with a revenue of $6.6145 billion, followed by electric razors at $5.1689 billion. Electric razors are expected to grow the fastest, com um CAGR de 5.6% De 2025 Para 2030, driven by demand for advanced grooming solutions.

Revenue by Product Type (2024, in Million USD)

Tipo de Produto

Revenue (2024)

Lâminas de barbear descartáveis

4,787.8

Lâminas de barbear elétricas

5,168.9

Replaceable Blade Razors

6,614.5

Lâminas de barbear de borda dupla

782.9

Lâminas de barbear retas

1,407.1

Total

18,761.2

Forecasted Market Size (2025-2030, in Million USD)

Tipo de Produto

2025 2026 2027 2028 2029 2030

CAGR (2025-2030)

Lâminas de barbear descartáveis

4,870.2 4,943.2 5,024.7 5,112.2 5,190.3 5,283.7 1.6%

Lâminas de barbear elétricas

5,451.9 5,740.7 6,055.1 6,393.9 6,739.2 7,154.2 5.6%

Replaceable Blade Razors

6,721.8 6,807.5 6,901.7 7,000.4 7,082.4 7,180.8 1.3%

Lâminas de barbear de borda dupla

792.1 799.8 809.0 818.6 826.3 839.0 1.2%

Lâminas de barbear retas

1,423.3 1,440.6 1,460.7 1,483.3 1,503.9 1,496.6 1.0%

Total

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

Em 2024, stainless steel blades dominated with $17.5745 billion in revenue, 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)

Tipo de lâmina

Revenue (2024)

Lâminas de aço carbono

1,186.7

Lâminas de aço inoxidável

17,574.5

Total

18,761.2

Historical Market Size (2019-2024, in Million USD)

Tipo de lâmina

2019 2020 2021 2022 2023 2024

CAGR (2019-2024)

Lâminas de aço carbono

1,149.8 1,107.2 1,155.5 1,169.1 1,177.7 1,186.7 0.6%

Lâminas de aço inoxidável

15,604.3 15,295.5 16,249.9 16,696.4 17,125.4 17,574.5 2.4%

Total

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)

Tipo de lâmina

2025 2026 2027 2028 2029 2030

CAGR (2025-2030)

Lâminas de aço carbono

1,197.3 1,205.5 1,215.8 1,223.1 1,224.3 1,236.7 0.7%

Lâminas de aço inoxidável

18,062.1 18,526.2 19,035.3 19,585.3 20,117.8 20,717.6 2.8%

Total

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

O mercado é segmentado em:

  • Consumidores do sexo masculino
  • Female consumers

Em 2024, male consumers contributed $16.1665 billion, driven by higher demand for shaving products, while female consumers accounted for $2.5947 billion. Female consumers are projected to grow faster, com um CAGR de 3.9% De 2025 Para 2030, due to urbanization and the expanding beauty industry.

Revenue by Consumer Group (2024, in Million USD)

Grupo de Consumidores

Revenue (2024)

Consumidores do sexo masculino

16,166.5

Consumidoras Femininas

2,594.7

Total

18,761.2

Historical Market Size (2019-2024, in Million USD)

Grupo de Consumidores

2019 2020 2021 2022 2023 2024

CAGR (2019-2024)

Consumidores do sexo masculino

14,565.4 14,235.2 15,078.9 15,450.1 15,800.2 16,166.5 2.1%

Consumidoras Femininas

2,188.7 2,167.6 2,326.6 2,415.4 2,502.9 2,594.7 3.5%

Total

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)

Grupo de Consumidores

2025 2026 2027 2028 2029 2030

CAGR (2025-2030)

Consumidores do sexo masculino

16,565.6 16,940.8 17,354.6 17,798.9 18,221.1 18,689.1 2.4%

Consumidoras Femininas

2,693.7 2,790.9 2,896.5 3,009.5 3,121.1 3,265.2 3.9%

Total

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

O mercado é segmentado em:

  • Hipermercados/Supermercados
  • Lojas de Conveniência
  • Grandes Armazéns
  • Canais Online
  • Others (pharmacies, grocery stores, beauty stores)

Em 2024, hypermarkets/supermarkets held the largest share at $6.4043 billion (34%), while online channels at $2.4929 billion are expected to grow the fastest with a CAGR of 3.7% De 2025 Para 2030, driven by convenience and promotional offers.

Revenue by Distribution Channel (2024, in Million USD)

Distribution Channel

Revenue (2024)

Hipermercados/Supermercados

6,404.3

Lojas de Conveniência

3,695.2

Grandes Armazéns

4,837.9

Canais Online

2,492.9

Others

1,330.9

Total

18,761.2

Historical Market Size (2019-2024, in Million USD)

Distribution Channel

2019 2020 2021 2022 2023 2024

CAGR (2019-2024)

Hipermercados/Supermercados

5,762.5 5,630.7 5,963.5 6,121.0 6,259.3 6,404.3 2.1%

Lojas de Conveniência

3,416.1 3,320.3 3,497.5 3,572.3 3,632.4 3,695.2 1.6%

Grandes Armazéns

4,270.4 4,192.5 4,461.0 4,582.5 4,707.3 4,837.9 2.5%

Canais Online

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%

Total

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

CAGR (2025-2030)

Hipermercados/Supermercados

6,562.6 6,711.8 6,876.6 7,054.0 7,223.0 7,418.2 2.5%

Lojas de Conveniência

3,764.3 3,826.8 3,896.8 3,972.3 4,041.5 4,123.7 1.8%

Grandes Armazéns

4,979.4 5,114.7 5,262.6 5,421.0 5,573.8 5,747.7 2.9%

Canais Online

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%

Total

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

Em 2024, the mass market led with $9.6144 billion, driven by affordability in regions like Asia-Pacific (e.g., India and China with GDP per capita of $2,731 e ainda $13,136, respetivamente). The premium market is expected to grow the fastest at a CAGR of 3.3% De 2025 Para 2030.

Revenue by Market Segment (2024, in Million USD)

Segmento de Mercado

Revenue (2024)

Mercado de massa

9,614.4

Mercado de gama média

5,390.8

Mercado Premium

3,756.1

Total

18,761.2

Historical Market Size (2019-2024, in Million USD)

Segmento de Mercado

2019 2020 2021 2022 2023 2024

CAGR (2019-2024)

Mercado de massa

8,557.6 8,383.6 8,902.0 9,143.3 9,373.4 9,614.4 2.4%

Mercado de gama média

4,953.1 4,822.1 5,088.1 5,192.9 5,289.6 5,390.8 1.7%

Mercado Premium

3,243.3 3,196.9 3,415.4 3,529.3 3,640.0 3,756.1 3.0%

Total

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)

Segmento de Mercado

2025 2026 2027 2028 2029 2030

CAGR (2025-2030)

Mercado de massa

9,876.2 10,125.2 10,398.6 10,691.9 10,973.5 11,295.9 2.7%

Mercado de gama média

5,501.7 5,603.6 5,717.1 5,839.5 5,953.3 6,087.0 2.0%

Mercado Premium

3,881.4 4,002.9 4,135.4 4,277.0 4,415.3 4,571.4 3.3%

Total

19,259.3 19,731.7 20,251.1 20,808.4 21,342.1 21,954.3 2.7%

7. Geographical Analysis

Em 2024, Asia-Pacific held the largest market share at 40.6% ($7.617 billion), 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

CAGR (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%

Total

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

CAGR (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%

Total

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 andMovemberhas reduced demand for non-electric razors, while increasing demand for electric razors for grooming.
  • Competitive Dynamics: New entrants like Dollar Shave Club (Unilever) e ainda XIRUI Group have intensified competition, forcing established players like Procter & Gamble (Gillette) to lower prices, impacting their revenue.

9. Conclusão

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.

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