Global Razors Market Growth 2025-2031

Global Razors Market Growth 2025-2031

The global Razors market size is predicted to grow from US$ 9685 million in 2025 to US$ 12210 million in 2031; it is expected to grow at a CAGR of 3.9% from 2025 to 2031.

A shaver is a tool used for removing facial or body hair, typically consisting of blades and a handle. Shavers can be categorized into manual shavers and electric shavers. Manual shavers utilize sharp blades operated by hand for shaving, while electric shavers employ electric power to drive blades at high speeds, offering a more convenient shaving experience.

Shavers come in various designs and functionalities to suit different user needs. Manual shavers often feature replaceable blades, with heads that may be straight or rotary to adapt to different facial contours. Electric shavers are commonly equipped with multiple features, including waterproof designs, charging indicators, and cleaning systems. Some high-end models even incorporate smart sensors that adjust shaving pressure based on hair density.

When choosing a shaver, users often consider comfort, shaving performance, and safety. Modern shavers also emphasize skincare benefits, with many brands offering products that combine shaving and skincare, such as lubricating strips and cushion designs aimed at reducing skin irritation during shaving. Furthermore, as men's grooming awareness increases, the shaver market continues to grow, with consumers increasingly seeking high-quality, eco-friendly materials and innovative technologies.

As an essential tool for men's personal grooming, shavers have gained significant attention in recent years. With increasing awareness regarding self-image and grooming among men, the shaver market is witnessing continuous expansion. This change is reflected not only in the diversity of products available but also in consumers' higher expectations for quality and functionality.

The shaver market is currently experiencing rapid growth. Recent market research indicates that sales of electric shavers are rising year by year, especially among younger males. This trend can be attributed to the convenience, comfort, and innovative experiences provided by electric shavers. Meanwhile, manual shavers still hold a notable market share, particularly among consumers who prefer traditional shaving methods. Overall, the market has developed a coexistence of both manual and electric shavers, each catering to different user needs.

Several key factors are driving the growth of the shaver market:

Rising Male Grooming Awareness: As men become more conscious of their personal image, an increasing number of them are willing to invest in high-quality shaving products. This shift in mindset encourages brands to continuously introduce new products to attract consumers.

Technological Innovation: Advances in electric shaver technology serve as another significant driver. Many electric shavers now come equipped with smart sensing, automatic cleaning, and charging capabilities, greatly enhancing user experience. Additionally, some brands focus on skincare benefits during shaving, offering products with lubricating strips or moisturizing technologies, further bolstering product competitiveness.

Expansion of Online Sales Channels: The rapid growth of e-commerce has made it easier for consumers to purchase shavers and related products. This convenient shopping experience has propelled overall market growth, especially during the pandemic when more consumers turned to online shopping, accelerating this trend.

Increased Environmental Awareness: With the rise of sustainable consumption concepts, there is growing demand for eco-friendly materials and reusable products. Many brands are beginning to develop sustainable shaving products, such as refillable manual shavers and electric shavers made from environmentally friendly materials. This shift helps brands establish a positive image in the market.

LP Information, Inc. (LPI) ' newest research report, the “Razors Industry Forecast” looks at past sales and reviews total world Razors sales in 2024, providing a comprehensive analysis by region and market sector of projected Razors sales for 2025 through 2031. With Razors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Razors industry.

This Insight Report provides a comprehensive analysis of the global Razors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Razors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Razors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Razors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Razors.

This report presents a comprehensive overview, market shares, and growth opportunities of Razors market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Manual Razors
Electric Razor

Segmentation by Application:
Online
Offline

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Braun GmbH
Panasonic
Philips
Remington Products
Wahl
Flyco
Xiaomi
Huawei
Midea
Gillette
POVOS
SID
Vivitar
Andis
Rewell

Key Questions Addressed in this Report

What is the 10-year outlook for the global Razors market?

What factors are driving Razors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Razors market opportunities vary by end market size?

How does Razors break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.