Increasing usage of herbal/organic razors is expected to drive market expansion in the near futureat a CAGR of 1.50% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published on the “Global Razor Blade Market”

The razor blade market is estimated to register a CAGR of 1.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the razor blade market— Dorco, Procter & Gamble, Feather Safety Razor Co. ltd., Supermax, Kai Company Ltd., BIC, Edgewell, Kaili Razor, .Lord International Co., Malhotra.

Razor Blade Market Highlights

The razor blade market is accounted to register a CAGR of 1.50%during the forecast period and is estimated to reach USD 2.51 billion by 2032.

The razor blade market is driven by the increasing emphasis on personal grooming and hygiene globally. However, the market faces constraints such as intense competition from electric shavers and hair removal alternatives. Opportunities lie in product innovation, catering to specific consumer needs, and expanding into emerging markets. Challenges include price fluctuations in raw materials, stringent regulations, and maintaining brand loyalty in a competitive landscape.

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Segment Analysis

The razor blade market has been segmented into type, blade material, end user and distribution channel.

On the basis of Type, the market is segmented into Single Edge and Double Edge. The double edge is segment was attributed to holding the largest market share in 2022. Double edge razor blades are a popular choice for shaving due to their versatility in providing a smooth and efficient experience for a wide range of users. These blades, commonly used in safety razors, are favored for their ability to cover a larger surface area, making them practical for consumers.

Based on Blade Material, the razor blade market has been segmented into Carbon Steel and Stainless Steel. The stainless steel segment was expected to hold the largest market share in 2022. Stainless steel razor blades have established dominance due to their corrosion resistance, durability, and sharpness. Consumers often prefer stainless steel blades for their longevity and ability to maintain sharp edges, contributing to their widespread use in various razor products.

Based on End User, the razor blade market has been segmented into Men and Women. The Men segment was expected to hold the largest market share in 2022. Men are a key consumer group for razor blades, holding a significant market share due to their diverse grooming preferences such as beard styles and facial hair maintenance.

Based on Distribution Channel, the razor blade market has been segmented into supermarkets/Hypermarkets, Departmental Stores, Convenience Stores, and Online. The supermarkets/Hypermarkets segment was expected to hold the largest market share in 2022. Supermarkets and hypermarkets are crucial as the main retail locations for razor blades, providing a diverse selection of brands and products. Many consumers favor the convenience of buying razor blades during their regular grocery trips, helping the continued success of this sales channel.

Regional Analysis

The razor blade market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe razor blade market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The razor blade market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World razor blade market comprises of Middle East, Africa, and Latin America.

The largest market share for razor blade was maintained by the North American regional sector.This increase is attributed to large population with a high disposable income, making it a lucrative market for personal grooming products. Additionally, cultural norms and societal trends emphasize the importance of grooming and personal appearance in North America, leading to a high demand for shaving products like razor blades. Moreover, the presence of established market players and extensive retail distribution networks further contributes to the dominance of the North American razor blade market.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for razor blade is driven by the region has a mature and established grooming market with a strong demand for personal care products. Additionally, changing consumer preferences towards convenience and grooming standards have driven the adoption of shaving products, including razor blades, across Europe. Furthermore, innovations in razor blade technology, such as the introduction of multi-blade razors and advanced lubricating strips, have attracted consumers seeking improved shaving experiences, contributing to the market's growth in Europe.

Additionally, Asia Pacific is poised for rapid growth in the razor blade market due to several key factors. Firstly, the region is experiencing significant population growth and urbanization, particularly in emerging economies like China and India, leading to a larger consumer base for grooming products. Additionally, rising disposable incomes in many Asian countries are enabling consumers to afford higher-quality grooming products, including premium razor blades.

Furthermore, the rest of the world's razor blade market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the varying socio-economic factors, cultural preferences, and market dynamics within each region. In the Middle East, grooming habits and preferences can be influenced by cultural norms and religious practices, leading to unique demands for grooming products. Similarly, in Africa, diverse consumer preferences and economic conditions across different countries contribute to market fragmentation.

Key Findings of the Study

• The razor blade market is expected to reach USD 2.51 billion by 2032, at a CAGR of 1.50% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the population growth and urbanization, particularly in emerging economies.


• Based on type, the double edge segment was attributed to holding the largest market in 2022, with an approximate market share of 40–60%.


• Dorco, Procter & Gamble, Feather Safety Razor Co. ltd., Supermax, Kai Company Ltd., BIC, Edgewell, Kaili Razor, .Lord International Co., Malhotra are the key market players