Global Safety Razor Market Overview:
A safety razor is a shaving implement with a protective device positioned between the edge of the blade and the skin.. It has sharp edges used to remove unwanted hair from the face or body. The growing interest in grooming, hairstyling along with the increasing disposable income of people is the major driving factor in the growth of the very market. Market players are focusing on making sustainable and recycling razor products by using advanced technology to increase the efficiency of the safety razors. Some of the players profiled in the study are Edgewell Personal Care (United States), L'Oreal (France), Muhle (Germany), Feather (Japan), Dorco (South Korea), Philips (Netherland), Procter & Gamble Company (United States) and Merkur (Germany).
On the basis of geography, the market of Safety Razor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Safety Razor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Blade Layer, the sub-segment i.e. Single-blade Disposable Razors will boost the Safety Razor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Men will boost the Safety Razor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising Focus on Personal Grooming and Surging Disposable Income
- Increasing Number of Travelers across the Globe
- Increasing Prevalence of E-commerce market is impacting the Safety Razor Market
- High Raw Material Cost Involve in Manufacturing of Safety Razor
- Expensive Import and Export of Raw Material
- Improving Technology & Efficiency and Reducing the Cost of Safety Razor
- Increasing Brand Awareness through Advertisement
- The Threat of New Entrants with Low Price Safety Razor
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations.
Target Audience:Safety Razor Manufactures, Safety Razor Distributors and Suppliers, Safety Razor International Traders, Research and Development Institutes, Financial Institutes and Venture Capital and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Safety Razor market on the basis of product [Stainless Steel and Carbon Steel] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Safety Razor market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Safety Razor industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Safety Razor market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.