The global Disposable Razor Blades Market valuation is expected to rise by 2025. The changing fashion trends and increasing emphasis on external appearances are expected to drive market demand from 2017 to 2025. Advances in razors and blades coupled with rising demand for female shaving products can bolster market growth from 2013 to 2025 (forecast period).
Manufacturers in the industry are introducing blades with environment-friendly materials in order to provide a smooth shave. Blades are designed to be more flexible to cater to the contours of faces of men. Rise in disposable incomes of consumers and developments in blades can augur the market for disposable razor blades during the forecast period. Advertisements catering to the young demographic and consumers living in developed economies can positively impact the market.
The tendency of the young demographic to try new brands due to the advent of online shopping is pushing blade manufacturers to upgrade their technology to save consumer expenses per shave. New startups are relying on crowdfunding to raise capital and gain customers by offering blades at dollar store prices. Product offerings in various sizes and customization of disposable razor blades are expected to influence market revenue in the forthcoming years. However, availability of electric razors can hamper market growth in the forthcoming years.
The worldwide disposable razor blades market is segmented by product, end user, and region. By products, the market is divided into single and double edge razor blades. End user segments in the market are categorized into male and female.
Regions covered in the disposable razor blades market report include India, China, Japan, Southeast Asia, Europe, and North America. The North America market is anticipated to scale in size over the forecast period. Around 161.2 million people in the U.S. use disposable blades, according to a survey by the Simmons National Consumer Survey (NHCS) and the U.S. Census data. Established brands such as Gillette are slashing prices of selected products in order to appeal to customers and to restructure their business model to sustain their hold in the market.
The China and India markets for disposable razor blades hold high potential due to easy availability of disposable razors. In addition, a sizeable young demographic residing in both countries can drive market expansion in near future. The reliance on social media for new products and presence of influencers to disseminate information to followers can culminate in the integration of digital marketing in regular marketing strategies to attract customers.
The Europe disposable razor blades market is anticipated to experience a steady rise in demand over the forecast period due to relaxed office dress codes. In addition, celebrity endorsements promoting clean-shaven appearances can influence the masses and culminate in high market revenues. Implementation of home delivery subscription services is a primary strategy being exercised by some of the top players to gain customers. This is evident by the launch of online razor subscription service by BIC in 2017.
Key players in the global disposable razor blades market include Ningbo Jiali Plastics Co., Ltd., Energizer Holdings, Gillette (P&G), Harry’s, and Société BIC S.A. The market is highly competitive in nature with players shipping no-frill razors directly to consumers instead of stocking them in shelves of retail stores. Development of new blades at discounted prices will allow market players to capture a higher market share.
Access Full Report With TOC @ https://www.radiantinsights.com/research/global-disposable-razor-blades-industry-2018
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Singlle Edge Razor Blades
- Double Edge Razor Blades
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Explore Other Reports By Radiant Insights,Inc at
- Cashmere Clothing Industry –
- Organic Mattress Industry –
About Radiant Insight
Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.
Company Name: Radiant Insights, Inc.
Contact Person: Michelle Thoras, Corporate Sales Specialist – USA
Email: Send Email
Phone: (415) 349-0054, Toll Free: 1-888-928-9744
Address:201 Spear Street 1100, Suite 3036
City: San Francisco
Country: United States