Global Double Edge Razor Blades Market Overview
The global double edge razor blades market was sized at USD XX million in 2019 and is projected to reach USD XX million by 2026, growing at a CAGR of XX % from 2020 to 2026. In terms of volume, the market was stood XX MN units in 2019 and is estimated to reach XX MN units with CAGR of over 3% between 2020 and 2026.
The double edge razor blade is a device used to remove hair from the body areas where it is undesirable. The double edge indicates that both sides of the razor blade can be used to shave. It can be used twice as long as a single edge razor blade because it’s two blades in one. Double edge razor blades come individually wrapped or in dispensers, available in size, thickness-0.1mm, width-42.7mm, and height-22mm. It is available in a pack of 10, 100, or 250.
Increasing adoption of self-grooming & personal care products, mounting grooming population, and various shave trends among millennials are factors estimated to steer the global double edge razor blades market. The male and female populations desire to look presentable at work, and the psychological belief plays a crucial role in driving the demand for double edge razor blades. The increasing youthful population is seen as an opportunity for key players to target young males who are becoming increasingly conscious about looks and appearance. Progressive marketing campaigns with celebrity endorsements are helping to drive greater acceptance.
However, the presence of single edge razor blades restrict the growth of the global double edge razor blades market. Single edge razor blade has grabbed more of the double edge razor market since its introduction and foreseen to continue the same trend in coming years. Single edge razor blade has observed to work in a more optimum way than double edge razor. Innovations in the design are projected to contribute more to the hindrance.
Global Market Share By Region (USD MN)
There are plenty of manufacturers operating in the global double edge razor blades market. The report studies a few key players of the global double edge razor blades market in detail, covering the company profile, product list, and financial information. The companies included in the report are AccuTec Blades, Benxi Jincheng, BIC, DORCO, Edgewell Personal Care, FEATHER, Gillette, Harry’s, Kaili Razor, Laser Razor Blades, Liyu Razor, Lord, Ningbo Jiali, Shanghai Cloud, Supermax, Yingjili, Malhotra, SRBIL, Treet Corporation, Personna, among others. Double edge razor blades manufacturers are continually designing new products with new, improved material science, design, and shaving system. Recently, giant players like Gillett, Feather, Parker, and Aesop have launched their products made out of new materials and new adjustable features.
In this market research report, the market is segmented by type, application, and region.
Analysis, By Type
Stainless steel blade held the maximum share in the global double edge razor blades market. Stainless steel blade has emerged as a popular class of material for razor blades. The stainless steel segment is forecasted to exhibit a high growth rate during the timeframe due to its cost-effectiveness compared with the carbon steel blade. This type of blade resists corrosion and is easy to maintain. The carbon steel blade is also among the popular choice for razor blades as they are softer, sharper, more rigid, much more durable, and more comfortable to sharpen than stainless steel. It can be rehoned repeatedly to restore that edge. Also, carbon steel blades are less expensive, readily available, and offer a more comprehensive selection. It is wear-resistant and stays sharper longer, but they lack stainless steel's chromium content, making them susceptible to corrosion.
Analysis, By Application
In 2019, the men's razors grabbed the major piece of the pie. It is assessed to proceed with the lucrative pattern over the forecast period. Men are bound to spend more on the razor blades due to the daily shave schedule. Also, expanding spending on beard products is likely to swell segment growth. While that of women razor segment is emerging as a potential consumer of double edge razor blades. Expanding shift from the traditional waxing method to razor blades is required to offer valuable new opportunities in the women segment market. Prior, ladies used to depend on waxing strips, which were agonizing, to make the routine merry, makers have presented razor blades for women.
Analysis, By Region
The Asia Pacific tops the leaderboard in terms of regions, with a large and expanding population representing a huge opportunity. The Asia Pacific is the most lucrative market for double edge razor blades. The rapid growth of double edge razor blades can be attributed to demand from developing countries' affluent population. Demand for double edge razor blades is also set to rise in Europe, where countries including Germany, UK, and France are witnessing a surge in grooming spending. Heightened consciousness about looks and appearance is steering demand for double edge razor blades. The double edge razor blades market is also performing well in North America. Latin America, and Middle East & Africa witness a remarkable rise in the double edge razor blades market owing to personal grooming trend among millennials and generation Z men.
Market Segmentation covered in the Report:
- Carbon Steel Blade
- Stainless Steel Blade
- Men’s Razors
- Women’s Razor
- North America
- Latin America
- Middle East & Africa
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.