The global shaving market revenue was around US$ 3.22 billion in 2022 and is estimated to reach US$ 4.7 billion by 2031, growing at a compound annual growth rate (CAGR) of 4.3% during the forecast period from 2023 to 2031.
Shaving products, including gels, razors (both manual and electric), foams, shaving creams, pre-shave products, after-shave products, and accessories such as mirrors, shaving brushes, and stands. It caters to both women and men, with distinct products and brands created for each gender's special shaving preferences and needs.
Market Driving Factors
Manufacturers are shifting their emphasis towards natural and organic ingredients, replacing excessive chemicals to prevent unfavorable effects on the skin. In addition, products infused with unique ingredients and aromas like activated coca butter and carbon are being introduced to improve the shaving experience. Thus, this factor drives the market growth.
Technological improvements have led to the emergence of new and creative shaving tools such as electric razors and trimmers. They are more widely used because these products are more useful and outperform traditional shaving products. This factor drives the market growth.
Competition from other hair removal techniques limits the market growth.
Regional Analysis
North America dominated the market and is expected to maintain its dominance over the forecast period. This can be attributed to the surge in demand for shaving care items in the region. The dynamic and bustling lifestyle of customers in the region has boosted the heightened interest in personal care products. This increase in demand can be attributed to a change in consumer preferences, where numerous individuals are embracing holistic approaches to beauty care. In this situation, shaving care products have become very popular and are now a necessary component of many consumers' everyday grooming regimens.
Asia Pacific dominates the market in terms of the fastest rate. This is due to the increasing awareness about individual hygiene practices. Surge in educational initiatives and awareness campaigns focuses on the importance of personal hygiene. In addition, consumers are becoming more aware of their grooming habits due to an uptick in the purchase of shaving products. It promotes awareness not only improves personal grooming but also contributes to the market growth in the region.
Segmentation Insights
Product Insight
The razor & blades segment dominates the market. This is due to the surge in consumer awareness regarding personal hygiene. Disposable razors held a notable share within this segment. Shaving has become a regular part of daily life for many people, particularly those in corporate settings due to a constant demand for razor blades.
Distribution Channel Insight
The offline segment dominates the market in terms of the highest share. This is due to the surge in sales observed in offline channels. Customers select offline stores for their shaving product requirements owing to the sustainability factor compared to other channels. Furthermore, main industry players are actively encouraging their products through various offline avenues, including hypermarkets, mass retail stores, and supermarkets, seeking to attract more customers and increase overall sales. This method is predicted to boost the segment growth.
The online segment dominates the market during the projection period. This is because surge in the usage of smartphones and mobile devices globally. Online shopping has become a major global platform owing to shifting customer preferences and an increasing number of suppliers venturing into online sales. Furthermore, online portals and e-commerce have become important avenues for the sale and trade of shaving products. These products are broadly available on different e-commerce platforms such as eBay, Amazon, and Flipkart, as well as technical websites catering to specific geographic regions.
Prominent Companies
Segmentation Outline
The global shaving market segmentation focuses on Product, Distribution Channel, and Region.
By Product
By Distribution Channel
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL SHAVING MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: SHAVING MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL SHAVING MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL SHAVING MARKET, BY PRODUCT
5.1 OVERVIEW
5.2 RAZORS & BLADES
5.3 BEARD MOISTURIZER, PRE-SHAVE CREAM
5.4 AFTER-SHAVE EMULSION
6 GLOBAL SHAVING MARKET, BY DISTRIBUTION CHANNEL
6.1 OVERVIEW
6.2 OFFLINE
6.3 ONLINE
7 GLOBAL SHAVING MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 WESTERN EUROPE
7.3.2.1 THE UK
7.3.2.2 GERMANY
7.3.2.3 FRANCE
7.3.2.4 ITALY
7.3.2.5 SPAIN
7.3.2.6 REST OF WESTERN EUROPE
7.3.3 EASTERN EUROPE
7.3.3.1 POLAND
7.3.3.2 RUSSIA
7.3.3.3 REST OF EASTERN EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 AUSTRALIA & NEW ZEALAND
7.4.6 ASEAN
7.4.7 REST OF ASIA PACIFIC
7.5 MIDDLE EAST & AFRICA
7.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
7.5.2 UAE
7.5.3 SAUDI ARABIA
7.5.4 SOUTH AFRICA
7.5.5 REST OF MEA
7.6 SOUTH AMERICA
7.6.1 SOUTH AMERICA MARKET SNAPSHOT
7.6.2 BRAZIL
7.6.3 ARGENTINA
7.6.4 REST OF SOUTH AMERICA
8 GLOBAL SHAVING MARKET COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING
8.3 KEY DEVELOPMENT STRATEGIES
8.4 COMPETITIVE DASHBOARD
8.5 PRODUCT MAPPING
8.6 TOP PLAYER POSITIONING, 2022
8.7 COMPETITIVE HEATMAP
8.8 TOP WINNING STRATEGIES
9 COMPANY PROFILES
9.1 BEIERSDORF AG
9.1.1 OVERVIEW
9.1.2 FINANCIAL PERFORMANCE
9.1.3 PRODUCT OUTLOOK
9.1.4 KEY DEVELOPMENTS
9.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.2 CHURCH & DWIGHT CO INC
9.2.1 OVERVIEW
9.2.2 FINANCIAL PERFORMANCE
9.2.3 PRODUCT OUTLOOK
9.2.4 KEY DEVELOPMENTS
9.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.3 RECKITT BENCKISER GROUP PLC
9.3.1 OVERVIEW
9.3.2 FINANCIAL PERFORMANCE
9.3.3 PRODUCT OUTLOOK
9.3.4 KEY DEVELOPMENTS
9.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.4 PROCTER & GAMBLE
9.4.1 OVERVIEW
9.4.2 FINANCIAL PERFORMANCE
9.4.3 PRODUCT OUTLOOK
9.4.4 KEY DEVELOPMENTS
9.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.5 ORIFLAME HOLDING AG
9.5.1 OVERVIEW
9.5.2 FINANCIAL PERFORMANCE
9.5.3 PRODUCT OUTLOOK
9.5.4 KEY DEVELOPMENTS
9.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.6 KONINKLIJKE PHILIPS N.V.
9.6.1 OVERVIEW
9.6.2 FINANCIAL PERFORMANCE
9.6.3 PRODUCT OUTLOOK
9.6.4 KEY DEVELOPMENTS
9.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.7 SYSKA INDIA LTD
9.7.1 OVERVIEW
9.7.2 FINANCIAL PERFORMANCE
9.7.3 PRODUCT OUTLOOK
9.7.4 KEY DEVELOPMENTS
9.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.8 HARRY’S INC
9.8.1 OVERVIEW
9.8.2 FINANCIAL PERFORMANCE
9.8.3 PRODUCT OUTLOOK
9.8.4 KEY DEVELOPMENTS
9.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.9 SOCIETE BIC S.A.
9.9.1 OVERVIEW
9.9.2 FINANCIAL PERFORMANCE
9.9.3 PRODUCT OUTLOOK
9.9.4 KEY DEVELOPMENTS
9.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
01
お客様のニーズに合わせてレポートをカスタマイズ可能
02
ベテランの市場調査員による専門的な分析
03
安全で簡単に利用できるオンライン決済方法
04
お客様のご要望に応じて、特定の章を購入することができます。
05
すべてのレポートに専門的な日本語翻訳を提供
06
包括的でわかりやすいレポートを迅速にお届けします。
07
購入後も継続的なサポートとアップデートが受けられます。
We Accept
Copyright ©2022 All rights reserved