Global Shaving Market Size, Trends, and Growth Opportunity, By Product (Razors & Blades, After-shave Emulsion), By Distribution Channel (Offline, Online), By Region and forecast till 2030.

Report ID : AMR1004201 | Industries : Consumer Goods | Published On :December 2023 | Page Count : 222

Global Shaving Market

Global Shaving Market was valued at USD 4.2 billion in 2022 and is slated to reach USD 5.5 billion by 2030 at a CAGR of 3.9% from 2023-2030.

The "global shaving market" refers to the global industry that includes the manufacturing, distribution, and sale of various shaving goods and services. Razors, shaving creams, gels, aftershaves, electric shavers, and other grooming items are among the products available in this sector. Services such as barbershops and salons are also included. The market serves both men and women, and procedures range from conventional wet shaving to current electric or cartridge-based shaving.

Market Drivers

The global shaving market is primarily driven by changing grooming tastes and rising disposable income, both of which contribute to the adoption of novel shaving products. The growing importance of personal grooming, combined with eco-friendly and sustainable shaving solutions, drives market expansion even further. E-commerce channels are important in broadening market reach.

Market Restraints

The worldwide shaving market faces challenges as customer tastes shift toward less frequent shaving, as well as increased environmental concerns. Furthermore, the shift toward electric and eco-friendly shaving alternatives has an impact on traditional razor sales, offering market restrictions.

Impact of COVID-19

The global shaving market was impacted differently by the COVID-19 epidemic. Lockdowns and fewer social interactions reduced demand for shaving products, while supply chain disruptions impacted production and distribution. On the other side, when customers shifted to at-home grooming, e-commerce sales of grooming goods increased. The epidemic also highlighted the need of hygiene and safety, impacting consumer choices. Consumers were more selective in their grooming product purchases as a result of economic uncertainty.

Recent Development

In July 2021, BIC introduced the Hybrid 5 Flex for men and the Click 3 Soleil for women in Europe. These recently launched razors are designed to be refillable, which reduces their environmental footprint, and they are offered at an affordable price.

Market Segmentation

Global Shaving Market is segmented into equipment product and distribution channel. By product such as razors & blades, after-shave emulsion. By distribution channel such as offline, online.

Regional Analysis

Global Shaving Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. North America led the global market, owing to a substantial market share stemming from the region's increased demand for shaving care products. Consumers' busy and dynamic lifestyles in North America have increased demand for personal care items, as more people choose complete methods to beauty maintenance. Furthermore, the European market is expected to rise rapidly in the near future, owing to rising demand for organic and natural components and ongoing product advancements. Furthermore, substantial marketing efforts for various shaving products are projected to boost demand even further.

Key Players

This report includes a list of numerous Key Players, namely Beiersdorf AG, Church & Dwight Co, Inc., Reckitt Benckiser Group plc, Procter & Gamble, Oriflame Holding AG, GiGi, Koninklijke Philips N.V., Syska India Ltd., Harry’s Inc., and Societe BIC S.A. (BIC).

Market Taxonomy

By Product
• Razors & Blades
• After-shave Emulsion
By Distribution Channel
• Offline
• Online
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa

Global Shaving Market

1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Market Scope
2. Research Methodology
2.1. Data Mining
2.2. Validation
2.3. Primary Interviews
2.4. List of Data Sources
3. Executive Summary
4. Global Shaving Market Outlook
4.1. Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Cumulative Impact due to recent Energy Crisis
4.2.5. Cumulative Impact due to Nearing Economic Downturn
4.2.6. Post Covid-19 World Supply and Demand Conditions
4.2.7. Cumulative Impact of Russia-Ukraine Conflict
4.3. Porters Five Force Model
4.4. Value Chain Analysis
5. Global Shaving Market, By Product
5.1. Y-o-Y Growth Comparison, By Product
5.2. Global Shaving Market Share Analysis, By Product
5.3. Global Shaving Market Size and Forecast, By Product
5.3.1. Razors & Blades
5.3.2. After-shave Emulsion
6. Global Shaving Market, By Distribution Channel
6.1. Y-o-Y Growth Comparison, By Distribution Channel
6.2. Global Shaving Market Share Analysis, By Distribution Channel
6.3. Global Shaving Market Size and Forecast, By Distribution Channel
6.3.1. Offline
6.3.2. Online
7. Global Shaving Market, By Region
7.1. Global Shaving Market Share Analysis, By Region
7.2. Global Shaving Market Share Analysis, By Region
7.3. Global Shaving Market Size and Forecast, By Region
8. North America Shaving Market Analysis and Forecast (2023-2030)
8.1. Introduction
8.2. North America Shaving Market Share Analysis, By Product
8.3. North America Shaving Market Share Analysis, By Distribution Channel
8.4. North America Shaving Market Size and Forecast, By Country
8.4.1. U.S.
8.4.1.1. Market Size and Forecast, By Product
8.4.1.2. Market Size and Forecast, By Distribution Channel
8.4.2. Canada
8.4.2.1. Market Size and Forecast, By Product
8.4.2.2. Market Size and Forecast, By Distribution Channel
8.4.3. Mexico
8.4.3.1. Market Size and Forecast, By Product
8.4.3.2. Market Size and Forecast, By Distribution Channel
9. Europe Shaving Market Analysis and Forecast (2023-2030)
9.1. Introduction
9.2. Europe Shaving Market Share Analysis, By Product
9.3. Europe Shaving Market Share Analysis, By Distribution Channel
9.4. Europe Shaving Market Size and Forecast, By Country
9.4.1. Germany
9.4.1.1. Market Size and Forecast, By Product
9.4.1.2. Market Size and Forecast, By Distribution Channel
9.4.2. France
9.4.2.1. Market Size and Forecast, By Product
9.4.2.2. Market Size and Forecast, By Distribution Channel
9.4.3. UK
9.4.3.1. Market Size and Forecast, By Product
9.4.3.2. Market Size and Forecast, By Distribution Channel
9.4.4. Russia
9.4.4.1. Market Size and Forecast, By Product
9.4.4.2. Market Size and Forecast, By Distribution Channel
9.4.5. Italy
9.4.5.1. Market Size and Forecast, By Product
9.4.5.2. Market Size and Forecast, By Distribution Channel
9.4.6. Spain
9.4.6.1. Market Size and Forecast, By Product
9.4.6.2. Market Size and Forecast, By Distribution Channel
9.4.7. Rest of Europe
9.4.7.1. Market Size and Forecast, By Product
9.4.7.2. Market Size and Forecast, By Distribution Channel
10. Asia Pacific Shaving Market Analysis and Forecast (2023-2030)
10.1. Introduction
10.2. Asia Pacific Shaving Market Share Analysis, By Product
10.3. Asia Pacific Shaving Market Share Analysis, By Distribution Channel
10.4. Asia Pacific Shaving Market Size and Forecast, By Country
10.4.1. China
10.4.1.1. Market Size and Forecast, By Product
10.4.1.2. Market Size and Forecast, By Distribution Channel
10.4.2. Japan
10.4.2.1. Market Size and Forecast, By Product
10.4.2.2. Market Size and Forecast, By Distribution Channel
10.4.3. India
10.4.3.1. Market Size and Forecast, By Product
10.4.3.2. Market Size and Forecast, By Distribution Channel
10.4.4. South Korea
10.4.4.1. Market Size and Forecast, By Product
10.4.4.2. Market Size and Forecast, By Distribution Channel
10.4.5. Australia
10.4.5.1. Market Size and Forecast, By Product
10.4.5.2. Market Size and Forecast, By Distribution Channel
10.4.6. New Zealand
10.4.6.1. Market Size and Forecast, By Product
10.4.6.2. Market Size and Forecast, By Distribution Channel
10.4.7. Singapore
10.4.7.1. Market Size and Forecast, By Product
10.4.7.2. Market Size and Forecast, By Distribution Channel
10.4.8. Malaysia
10.4.8.1. Market Size and Forecast, By Product
10.4.8.2. Market Size and Forecast, By Distribution Channel
10.4.9. Rest of Asia
10.4.9.1. Market Size and Forecast, By Product
10.4.9.2. Market Size and Forecast, By Distribution Channel
11. Latin America Shaving Market Analysis and Forecast (2023-2030)
11.1. Introduction
11.2. Latin America Shaving Market Share Analysis, By Product
11.3. Latin America Shaving Market Share Analysis, By Distribution Channel
11.4. Latin America Shaving Market Size and Forecast, Country
11.4.1. Brazil
11.4.1.1. Market Size and Forecast, By Product
11.4.1.2. Market Size and Forecast, By Distribution Channel
11.4.2. Argentina
11.4.2.1. Market Size and Forecast, By Product
11.4.2.2. Market Size and Forecast, By Distribution Channel
11.4.3. Colombia
11.4.3.1. Market Size and Forecast, By Product
11.4.3.2. Market Size and Forecast, By Distribution Channel
11.4.4. Peru
11.4.4.1. Market Size and Forecast, By Product
11.4.4.2. Market Size and Forecast, By Distribution Channel
11.4.5. Chile
11.4.5.1. Market Size and Forecast, By Product
11.4.5.2. Market Size and Forecast, By Distribution Channel
11.4.6. Venezuela
11.4.6.1. Market Size and Forecast, By Product
11.4.6.2. Market Size and Forecast, By Distribution Channel
11.4.7. Rest of Latin America
11.4.7.1. Market Size and Forecast, By Product
11.4.7.2. Market Size and Forecast, By Distribution Channel
12. Middle East Shaving Market Analysis and Forecast (2023-2030)
12.1. Introduction
12.2. Middle East Shaving Market Share Analysis, By Product
12.3. Middle East Shaving Market Size and Forecast, By Distribution Channel
12.4. Middle East Shaving Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.1.1. Market Size and Forecast, By Product
12.4.1.2. Market Size and Forecast, By Distribution Channel
12.4.2. UAE
12.4.2.1. Market Size and Forecast, By Product
12.4.2.2. Market Size and Forecast, By Distribution Channel
12.4.3. Egypt
12.4.3.1. Market Size and Forecast, By Product
12.4.3.2. Market Size and Forecast, By Distribution Channel
12.4.4. Kuwait
12.4.4.1. Market Size and Forecast, By Product
12.4.4.2. Market Size and Forecast, By Distribution Channel
12.4.5. South Africa
12.4.5.1. Market Size and Forecast, By Product
12.4.5.2. Market Size and Forecast, By Distribution Channel
12.4.6. Rest of Middle East & Africa
12.4.6.1. Market Size and Forecast, By Product
12.4.6.2. Market Size and Forecast, By Distribution Channel
13. Competitive Analysis
13.1. Competition Dashboard
13.2. Market share Analysis of Top Vendors
13.3. Key Development Strategies
14. Company Profiles
14.1. Beiersdorf AG
14.1.1. Offerings
14.1.2. Key Financials
14.1.3. Business Segment & Geographic Overview
14.1.4. Key Market Developments
14.1.5. Key Strategies
14.2. Church & Dwight Co, Inc.
14.2.1. Overview
14.2.2. Offerings
14.2.3. Key Financials
14.2.4. Business Segment & Geographic Overview
14.2.5. Key Market Developments
14.2.6. Key Strategies
14.3. Reckitt Benckiser Group plc
14.3.1. Overview
14.3.2. Offerings
14.3.3. Key Financials
14.3.4. Business Segment & Geographic Overview
14.3.5. Key Market Developments
14.3.6. Key Strategies
14.4. Procter & Gamble
14.4.1. Overview
14.4.2. Offerings
14.4.3. Key Financials
14.4.4. Business Segment & Geographic Overview
14.4.5. Key Market Developments
14.4.6. Key Strategies
14.5. Oriflame Holding AG
14.5.1. Overview
14.5.2. Offerings
14.5.3. Key Financials
14.5.4. Business Segment & Geographic Overview
14.5.5. Key Market Developments
14.5.6. Key Strategies
14.6. GiGi
14.6.1. Overview
14.6.2. Offerings
14.6.3. Key Financials
14.6.4. Business Segment & Geographic Overview
14.6.5. Key Market Developments
14.6.6. Key Strategies
14.7. Koninklijke Philips N.V.
14.7.1. Overview
14.7.2. Offerings
14.7.3. Key Financials
14.7.4. Business Segment & Geographic Overview
14.7.5. Key Market Developments
14.7.6. Key Strategies
14.8. Syska India Ltd.
14.8.1. Overview
14.8.2. Offerings
14.8.3. Key Financials
14.8.4. Business Segment & Geographic Overview
14.8.5. Key Market Developments
14.8.6. Key Strategies
14.9. Harry’s Inc.
14.9.1. Overview
14.9.2. Offerings
14.9.3. Key Financials
14.9.4. Business Segment & Geographic Overview
14.9.5. Key Market Developments
14.9.6. Key Strategies
14.10. Societe BIC S.A. (BIC)
14.10.1. Overview
14.10.2. Offerings
14.10.3. Key Financials
14.10.4. Business Segment & Geographic Overview
14.10.5. Key Market Developments
14.10.6. Key Strategies