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Razor Blade Market Growing at a CAGR of 1.1% from 2021 to 2028, to Hit USD 2.35 Billion by 2028 | Growth, Share Analysis, Company Profiles

11-11-2024 12:46 PM CET | Consumer Goods & Retail

Press release from: Allied Market Research

Razor Blade Market Growing at a CAGR of 1.1% from 2021 to 2028,

According to the report published by Allied Market Research, the global razor blade market generated $2.18 billion in 2020, and is expected to garner $2.35 billion by 2028, witnessing a CAGR of 1.1% from 2021 to 2028. The report provides a detailed analysis of changing market dynamics, key segments, value chain, top investment pockets, regional scenario, and competitive landscape.

Preference as a cost-effective shaving method and the rise of the grooming industry drive the growth of the global razor blade market. However, surge in popularity of substitute products hinders the market growth. On the other hand, emergence of nanotech precision blades presents new opportunities in the coming years.

The report offers detailed segmentation of the global razor blade market based on type, blade material, end user, distribution channel, and region.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐Ž๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ https://www.alliedmarketresearch.com/request-sample/6828

Based on type, the double edge segment accounted for the highest market share, holding around four-fifths of the total share in 2020, and is expected to maintain its leadership status during the forecast period. However, the single edge segment is projected to manifest the highest CAGR of 1.1% from 2021 to 2028.

Based on distribution channel, the supermarkets/hypermarkets segment contributed to the largest market share in 2020, accounting for more than one-third of the global razor blade market, and is expected to maintain its dominant share during the forecast period. However, the online segment is estimated to portray the largest CAGR of 1.4% from 2021 to 2028.

Based on region, North America held the largest market share in 2020, contributing to nearly one-third of the total share, and is projected to continue its dominance in terms of revenue by 2028. However, Asia-Pacific is projected to witness the fastest CAGR of 1.4% during the forecast period.

๐’๐œ๐ก๐ž๐๐ฎ๐ฅ๐ž ๐š ๐…๐‘๐„๐„ ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐š๐ญ๐ข๐จ๐ง ๐‚๐š๐ฅ๐ฅ ๐ฐ๐ข๐ญ๐ก ๐Ž๐ฎ๐ซ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ๐ฌ/๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ๐ฌ ๐ญ๐จ ๐…๐ข๐ง๐ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐Ÿ๐จ๐ซ ๐˜๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ @ https://www.alliedmarketresearch.com/connect-to-analyst/6828

Leading players of the global razor blade market analyzed in the research include
BIC
Edgewell
Dorco
Kaili Razor
Feather Safety Razor Co. Ltd.
Lord International Corporation
Kai Company Ltd.
Procter & Gamble
Supermax

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž https://www.alliedmarketresearch.com/razor-blade-market-A06463

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐–๐ž ๐‡๐š๐ฏ๐ž ๐จ๐ง ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐†๐จ๐จ๐๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐š๐›๐ฒ ๐๐š๐œ๐ข๐Ÿ๐ข๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ https://www.alliedmarketresearch.com/baby-pacifier-market

๐‡๐จ๐ฆ๐ž ๐Ž๐Ÿ๐Ÿ๐ข๐œ๐ž ๐…๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ https://www.alliedmarketresearch.com/home-office-furniture-market-A12536

๐”.๐’. ๐‡๐จ๐ฆ๐ž ๐ƒ๐ž๐œ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ https://www.alliedmarketresearch.com/us-home-decor-market-A06775

๐‡๐จ๐ฆ๐ž ๐–๐š๐ญ๐ž๐ซ ๐…๐ข๐ฅ๐ญ๐ซ๐š๐ญ๐ข๐จ๐ง ๐”๐ง๐ข๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ https://www.alliedmarketresearch.com/home-water-filtration-unit-market-A16886

๐‡๐จ๐ฆ๐ž ๐‘๐ž๐ก๐š๐›๐ข๐ฅ๐ข๐ญ๐š๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ https://www.alliedmarketresearch.com/home-rehabilitation-products-market-A16857

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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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