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The razor and blades market is expected to surpass a valuation of US$ 3267.26 Mn in 2022. Sales of razor and blades are expected to surge as the healthy CAGR of over 3.0% through 2032.
The disposable razor blades industry is growing due to rising aesthetic consciousness and increased spending on personal grooming products, especially among millennial and Gen-Zs. This is as the disposable razor blades are easy to use, so their recreational use is contributing to the industry’s expansion.
Growing emphasis on sanitation during shaving to prevent skin infection is driving up the use of single-use razor blades, reviving the disposable razor blade business. With the growing need for a precise and smooth shave, disposable razor blades that can provide such benefits are becoming more popular, boosting the market growth.
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Key Takeaways from the Razors & Blades Market Study:
Who is winning?
Participants in the worldwide razor blades market have leveraged the use of product launches, collaborations, and acquisitions to expand consumer base and strengthen sales. To draw in
prospective patrons, manufacturers have attempted to employ innovative promotional techniques, marketing, and product debuts.
Major players in the razors and blades products market are Procter & Gamble, Edgewell Personal Care, Dorco, Ltd., Societe, Oscar Razor, Feather Safety Razor Ltd., Harry s INC, Phillips, Wahl Clipper, Dollar Shave Club INC among others.
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Global Razors and Blades by Category
By Product Type:
By Material Type:
By Price Range:
By Consumer Orientation:
By Sales Channel:
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Contact Lenses Market: The contact lenses market is estimated at USD 9.6 billion in 2023 and is projected to reach USD 15.2 billion by 2033, at a CAGR of 4.7% from 2023 to 2033. The share of the contact lenses market in its parent market (eyewear market) is approximately 5% to 7%.
Electric Toothbrush Market:Global demand for the electric toothbrush is expected to register a CAGR of 7.8% by garnering a market value of US$ 9.8 billion by 2033. The market is currently estimated to hold a value of US$ 4.6 billion in 2023.
Skin Care Devices Market:The skin care devices market is estimated to be valued at US$ 23.8 Bn in 2023 and is projected to grow to US$ 101.5 Bn by 2033. The sales of skin care devices grow at a significant CAGR of 15.6% during the forecast period.
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