The Disposable Razor Blades Market Research Report provides a complete analysis and insights into the market's size, shares, revenues, various segments, drivers, trends, growth, and development, as well as its limiting factors and regional industrial presence. The goal of the market research is to obtain a complete understanding of the Consumer Goods industry and its business potential.
According to Fortune Business Insights, the global disposable razor blades market size is expected to reach USD 4.31 billion by 2027, exhibiting a CAGR of 3.2% during the forecast period.
Information Source:
https://www.fortunebusinessinsights.com/disposable-razor-blades-market-102561
This research report is the result of an extensive primary and secondary research effort into the Disposable Razor Blades Market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type, and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Disposable Razor Blades Market.
The report on the disposable razor blades market features:
- Excellent understanding of the market
- Crucial information about industry players
- Vital data about regions
- Key development and drivers
- COVID-19 impact
Key Companies Covered in Disposable Razor Blades Market:
- Procter & Gamble Co. (Ohio, U.S.)
- BIC Group (Paris, France)
- Super-Max Group (Dubai, UAE)
- Edgewell Personal Care (Shelton, U.S.)
- Kai Group (Tokyo, Japan)
- LORD International Co. (Alexandria, Egypt)
- DORCO CO, LTD. (Seoul, South Korea)
- Kaili Group (Ningbo, China)
- Laroch co. (Shuaiba, Kuwait)
- Perio Inc. (Dublin, U.S.)
Regional Analysis:
Increased Purchasing Power of Consumers to Boost Market in Europe
The market for disposable razor blades in Europe stood at USD 1.14 billion in 2019 and is expected to remain dominant during the forecast period. The growth in the region is attributed to the high purchasing power of consumers for premium and branded non-refillable razors. For instance, BIC group which is ranked number two in the global one-piece razors market produces around 2.6 billion shavers along with 4.9 billion blades every year to serve the needs of the consumers. The surge in travelers can contribute positively to the market in Europe.
As per the Tourism Statistics released in January 2020 by Eurostat, in 2018 at least one personal tourism trip was taken by about 64% of the residents of the EU. The market in Asia Pacific is expected to hold a significant share of the market owing to the rising demand for razor blades in countries such as China, Japan, and India. The inflated demand for low-cost disposable razors will propel the growth of the market in the region.
This information is available at Fortune Business Insights titled "Disposable Razor Blades Market Size, Share & COVID-19 Impact Analysis, By Blade Count (1 & 2 Blades, 3 & 4 Blades, and 5 & More Blades), End-User (Men and Women), Distribution Channel (Hypermarkets, Online, and Others), and Regional Forecast, 2023-2027.”
