The global razor market size is expected to grow at a prolific speed owing to the increasing demand for grooming and wellness products across the world, observes Fortune Business Insights™ in its report, titled “Razor Market, 2023-2030”.

In recent years, there has been a rising demand for grooming and wellness products around the world due to the increasing consumer awareness about their hygiene and cleanliness, which is projected to drive the growth of this market. Further, the increasing disposable income of the majority of world population has led to the rising demand for branded grooming products such as electric razors, shaving creams, and others, which has resulted in this market’s growth. For instance, Church & Dwight Co. Ltd. introduced an innovative body and leg hair remover razor in order to attract the female population and increase the sale of this type of razor across several regions of the market.

However, the rising usage of fake razors instead of authentic razors is projected to restrict the growth of this market.

Get Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/razor-market-104276

List of Key Players Covered in the Razor Market Report:

• The Proctor & Gamble Company
• Harry’s Inc.
• Edgewell Personal Care
• Koninklijke Philips N.V.
• Unilever Plc.
• Vikings Blade
• Dollar Shave Club
• Hans-Jurgen Muller GmbH & Co.

Highlights/Summary:

This report contains an in-depth analysis of the market drivers, trends, and restraints, along with a granular assessment of the various segments of the market. In addition, valuable insights into the regional opportunities impacting the market are also incorporated into the report, as well as a holistic examination of the major market players and their dominant strategies.

Drivers/Restraints:

Increasing Number of Salons and Spa Clinics Worldwide to Fuel the Market

There is an increasing awareness about facial hygiene and appearance among the majority of the people in the world, which has resulted in the rising number of salons and spa clinics across the world. This is an important factor responsible for the growth of this market. Further, the changing lifestyle and fashion of the people and the rising urbanization has led to the growing demand for razors and other grooming items, which has fuelled this market’s growth.

Market Segmentation: