Global Shaving Market size was valued at USD 3.8 Billion in 2024 and is expected to reach USD 6.6 Billion by 2033, at a CAGR of 3.7% during the forecast period 2024 – 2033.

Shaving Market: Overview

Shaving is the removal of hair from the body, usually with a razor or other shaving instruments. It is a typical grooming technique used to obtain a smooth, hair-free skin surface. Shaving cream, gel, or soap is used to soften the hair and lubricate the skin, preventing irritation and razor burn.

The worldwide shaving market is being influenced by several significant developments that are changing consumer choices and industry dynamic range. For starters, there is an increasing need for personalised grooming experiences, with customers looking for products that are suited to their unique skin types, preferences, and environmental concerns.

Furthermore, technology developments like electric razors with precise trimming and wet shaving innovations are becoming more popular, providing ease and efficiency. Finally, there is a notable movement towards gender-neutral and inclusive marketing, which reflects shifting attitudes on grooming and self-expression.

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Furthermore, the emergence of e-commerce platforms has transformed how shaving goods are acquired and distributed, providing a quick and accessible buying experience for customers globally. Ultimately, these developments point to a dynamic and changing landscape in the global shaving business, fueled by creativity, environmental consciousness, inclusiveness, and convenience.

By type, razors and blades segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Razors and blades are vital in the shaving industry since they are the principal tools for hair removal. Customer desire for smooth and pleasant shaving experiences, combined with advancements in blade technology, drives continuous growth in this industry.

By distribution channel, the retail stores segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Retail outlets drive the shaving business by offering consumers a quick and accessible way to acquire grooming goods. They give a variety of alternatives, allow for product testing, and frequently provide personalized recommendations, therefore improving the entire purchasing experience.

CMI has comprehensively analyzed the Global Shaving market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Shaving industry.

The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.

List of the prominent players in the Shaving Market:

  • Procter & Gamble
  • Unilever
  • Edgewell Personal Care
  • Gillette
  • BIC Group
  • Beiersdorf AG
  • Harry’s Inc.
  • Energizer Holdings
  • Dorco Co. Ltd.
  • Super-Max Group
  • Feather Safety Razor Co. Ltd.
  • Société BIC SA
  • Cornerstone Brands Inc.
  • Derby Razor Blades
  • American Safety Razor
  • Schick
  • Panasonic Corporation
  • Wahl Clipper Corporation
  • Koninklijke Philips N.V.
  • C. Johnson & Son Inc.
  • Others

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