Global Women's Razor Market Overview:
Women's razors are made to shave the legs, armpits, and pubic areas. Because that adds up to a lot of surface area, the head of a women's razor is usually a little bigger than the one on a men's razor. It's also frequently rounded, allowing users to navigate it more easily around contours such as ankles and knees. The handle may also be rounded or shaped in some other nonlinear way with grooves to aid in maintaining a firm grip on it throughout the process. Women's razor blades also wear out faster because they are used to shave much larger areas. This means that, in addition to spending more money on razors, women must replace their razors or blades more frequently.
Growth Drivers
- Rising Prevalence of Gender- Neutral Concept
- Increased Demand for Personal Care Products
Roadblocks
- High Cost of Women Razor due to Pink Tax
Opportunities
- Technological Advancements in Novel Product Development
Challenges
- Risk of Cuts Could Hamper the Market Growth
Competitive Landscape:
The demand for Women’s Razor is increasing. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position. Players are expected to focus on the creation of new compounds, which would likely drive the worldwide market forward over the forecast period.
Some of the key players profiled in the report are The Gillette Company (United States), Dollar Shave Club (United States), Edgewell Personal Care (United States), Société Bic (France), Harry's (United States), Edwin Jagger (United Kingdom), Target Corporation (United States), Bombay Shaving Company (Reckitt Benckiser) (India), Miniso (China) and LetsShave (India). Additionally, following companies can also be profiled that are part of our coverage like Flamingo (United States), Byrdie (United States) and Alleyoop (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Women's Razor market by 2026. Considering Market by Blades Type, the sub-segment i.e. Carbon Steel will boost the Women's Razor market. Considering Market by Channel of Distribution, the sub-segment i.e. Online {Company Website, E-Commerce Website} will boost the Women's Razor market.
Latest Market Insights:
In November 2021 Edgewell Personal Care had announced the acquisition of Billie. This acquisition strengthens Edgewell's consumer-centric, digital solutions and enhances their presence in the important mid-tier retail marketplace of women's shaving in the United States.
What Can be Explored with the Women's Razor Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Women's Razor Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Women's Razor
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Women's Razor market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Women's Razor market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Raw Material Suppliers and End-use industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.