Razor Market Report and Forecast 2025-2034

According to this report, the global razor market size is projected to grow at a CAGR of 3.2% between 2025 and 2034. The market is driven by the growing demand for personal grooming products and the increasing adoption of disposable and electric razors.

Razors, essential tools for hair removal, play a key role in personal grooming routines worldwide. The market encompasses a wide range of products, including disposable razors, cartridge razors, straight razors, and electric razors, catering to diverse consumer preferences. Driven by rising consumer awareness of personal hygiene and grooming, especially among men, the demand for razors continues to grow steadily. Additionally, the expansion of the women’s grooming segment and the growing trend of unisex grooming products have further propelled the razor market growth.

The market is also benefiting from technological advancements, with manufacturers offering more efficient, durable, and skin-friendly products. The increasing use of electric and rechargeable razors, designed for convenience and ease of use, has seen significant uptake in both urban and rural areas. Moreover, the growing trend of eco-friendly grooming products has prompted manufacturers to introduce sustainable alternatives, such as reusable razors and razors made from biodegradable materials, contributing to market growth.

The growing emphasis on personal grooming and hygiene, particularly among men, is one of the primary drivers of the market. With increasing disposable incomes and heightened awareness of appearance and self-care, men are investing more in grooming products. The demand for premium razors and shaving kits, which offer superior performance and comfort, is on the rise, driven by consumers seeking high-quality grooming experiences. The growing popularity of male grooming trends, including clean-shaven looks and beard styling, has further boosted the demand for razors, consequently driving up the razor market share.

The expanding women’s grooming market is another significant driver of the market. With more women adopting regular grooming routines, the demand for razors specifically designed for women has grown. Women's razors, featuring ergonomic designs and skin-friendly blades, cater to the unique needs of female consumers. The rising trend of body hair removal among women, driven by beauty standards and media influence, is contributing to the increased demand for women’s razors and shaving products.The rising demand for body hair removal products, including razors and shaving creams, is contributing to the growth of this segment. Additionally, the increasing availability of unisex razors is creating new opportunities in the women’s grooming market.

One of the notable razor market trends is the global shift towards sustainability. With rising environmental concerns and the growing awareness of plastic waste, consumers are seeking eco-friendly grooming products. Manufacturers are responding to this demand by introducing reusable razors made from sustainable materials, such as stainless steel, bamboo, and recycled plastic. Additionally, companies are focusing on reducing packaging waste and offering recyclable razor components, aligning with the global shift toward sustainability and green consumerism.

Technological advancements in razor design and performance are also driving market growth. Electric razors and trimmers, which offer convenience, speed, and precision, are gaining popularity among both men and women. These devices often feature advanced technologies, such as self-sharpening blades, waterproof designs, and rechargeable batteries, providing enhanced performance and durability. The growing demand for electric razors is particularly strong in urban areas, where consumers seek time-saving grooming solutions that fit into busy lifestyles.

As per the razor market analysis, the men’s grooming segment is one of the largest and fastest-growing markets for razors. Men’s razors, including disposable razors, cartridge razors, and electric razors, are designed to cater to the specific needs of male consumers. Disposable and cartridge razors are popular for their affordability and ease of use, while electric razors and trimmers offer convenience and precision for those seeking a faster shaving experience. The growing focus on male grooming, including beard care and facial hair styling, is driving the demand for premium men’s razors.

Market Segmentation

The global razor market can be divided based on product type, price category, end user, distribution channel, and region.

Market Breakup by Product Type

• Cartridge
• Disposable
• Electric

Market Breakup by Price Category

• Mass
• Premium

Market Breakup by End User

• Men
• Women

Market Breakup by Distribution Channel

• Supermarkets/ Hypermarkets
• Convenience Stores
• Online Stores
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global razor market. Some of the major players explored in the report are as follows:

• The Procter & Gamble Company
• Edgewell Personal Care Brands, LLC
• FEATHER Safety Razor Co., Ltd.
• Koninklijke Philips N.V.
• BIC Group
• Kai Corporation
• Kaili Group
• Dorco Co. Ltd.
• Harry’s, Inc.
• Lord International Co.
• Others