Report Overview

Asia-Pacific Razor and Razor Blade Market - Industry Trends & Forecast Report, 2029

Asia-Pacific razor and razor blade market size was estimated at USD 1255.78 billion in 2022. During the forecast period between 2023 and 2029. Asia-Pacific razor and razor blade market size is projected to grow at a CAGR of 4.90% reaching a value of USD 1755.26 billion by 2029. The majority of people, especially those who work in corporations, now regularly shave. Demand for the product is also being increased by the expanding use of razor blades. A razor blade is used to trim the hair from body parts and as a cooking, tool to open jars, peel vegetables and make the chocolate curl for sweets. Men and women both need to shave their body hair for aesthetic reasons, improved athletic performance, personal hygiene, a greater sense of cleanliness, to smell better, and prevent offensive body odor. Body hair removal is the most popular technique used in the fitness industry to highlight muscle definition. Women are more self-conscious about how they look and how they smell. This encourages individuals to choose razors and safety razors to get rid of undesirable body hair. During the forecast period, these elements will drive the razor blade market's expansion worldwide.

Asia-Pacific Razor and Razor Blade Market - Overview

For shaving or hair removal from the face and other body parts, safety razors are used with a razor blade, which is a thin, sharp piece of metal (carbon steel or stainless steel). In the past, men all over the world used safety razors and razor blades to get rid of their facial hair. It has garnered a lot of popularity since it offers a simple, close shave with no irritation. Today, women remove hair from their legs, arms, and armpits using safety razors and razor blades. Some women have hirsutism, which causes dark hair to grow on their faces, backs, and chests in a pattern resembling that of men. The demand for razor blades is expected to increase as a result of women who have hirsutism using razors more frequently.

Growth Drivers

Increasing Disposable Income

Consumer disposable income is rising in numerous countries all over the world. As a result, people are spending a lot of money on a variety of expensive products and cosmetics. Global demand is also growing for a range of cosmetic products. Due to rising living standards and large investments made in developing their personalities and appearances, customers are also using razors to preserve good hygiene and attractiveness. Due to rising professionalism and an increase in the number of working women globally, both men's and women's desire for cosmetics will rise.

Rising Interest in Safety Razors

Along with a significant number of market breakthroughs, safety razors are another emerging trend in the modern era. People all over the world are increasingly using safety razors because they produce clean and satisfactory results. Furthermore, safety razors allow for more precise shaving. Cartridge-based blades have two to seven blades that are wrapped in plastic buffers. To shave neat and clean lines, multi-bladed cartridge razors can be used.

Restraints

Razor Itchiness and Irritation

In terms of razor burn, or the ongoing itchiness caused by shaving, safety razors shine the brightest. This irritation can be aggravated by shaving the same spot repeatedly, using a sharp blade, shaving too closely or with too much pressure, or using an unclean blade. It's easy to see how the design of a multi-bladed razor cartridge could exacerbate some of these problems. To begin with, having many blades implies that each stroke by default drags several razors across the same surface. Re-shaving an area only exacerbates the problem.

Impact of COVID-19 on Asia-Pacific Razor and Razor Blade Market

The COVID-19 pandemic's lockdown regulations forced plant closures, which had a significant influence on the production of razors. A lack of raw materials was another effect of the supply chain disruption, which limited market growth. Additionally, consumers were grooming themselves with less care, which decreased the need for razors. Restrictions imposed by lockdowns everywhere in the world hindered supply channels. Interruptions in production services brought on by rigorous lockdown rules and social distance norms have also contributed to gaps in the worldwide inventory supply chains for the disposable razor business.

Asia-Pacific Razor and Razor Blade Market

Segmental Coverage

Asia-Pacific Razor and Razor Blade Market - By Type

Asia-Pacific razor and razor blade market is divided into Single Edge and Double Edge segments.

Asia-Pacific Razor and Razor Blade Market - By Blade Material

Based on end user, the Asia-Pacific razor and razor blade market is divided into Carbon Steel and Stainless Steel segments. The stainless steel segment is a faster-growing segment. Stainless steel is a popular material for razor blades among both manufacturers and consumers because it is highly tempered and retains its sharpness for an extended period. It quickly warms up, so the user does not feel the cold metal on their skin. As a result, stainless steel is the most popular segment among global razor blade consumers.

Asia-Pacific Razor and Razor Blade Market - By End User

Based on end user, Asia-Pacific razor and razor blade market is divided into Men and Women segment. Women are more self-conscious about how they look and how they smell. This prompts them to choose razors and razor blades to get rid of undesirable body hair. This is a major component fueling the expansion of the women's razor blade market. Women occasionally have black hair on their faces for medical or hereditary causes. They decide to use razor blades as a result. Consequently, the women's market is expected to increase at the greatest rate in the coming years.

Asia-Pacific Razor and Razor Blade Market - By Distribution Channel

Based on distribution channel, Asia-Pacific razor and razor blade market is divided into Supermarkets/Hypermarkets, Departmental Stores, Convenience Stores, and E-Commerce. Supermarkets/hypermarkets were the most prominent distribution channel, owing to their popularity and widespread penetration in leading razor blades markets, such as North America and Europe. Supermarkets/hypermarkets are followed by department stores and online retailers. The widespread adoption of the internet, online shopping platforms, and changes in consumer purchasing behavior brought about by COVID-19 are expected to boost the online segment. Furthermore, due to the growing popularity and developing infrastructure of e-commerce (online) channels globally, the online segment is expected to be the fastest-growing distribution channel during the forecast period.

Competitive Landscape

Asia-Pacific razor and razor blade market is fiercely competitive, with Kai Company Ltd., Feather Safety Razor Co. Ltd., Kaili Razor, Edgewell, Procter & Gamble, Supermax, Shanghai Cloud, Laser Razor Blades, Ningbo Jiali Plastic Co. Ltd., DORCO Co. Ltd., and Other Prominent Players. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Scope of the Report

By Type

• • • Single Edge

    • Double Edge

By Blade Material

• • • Carbon Steel

    • Stainless Steel

By End User

• • • Men

    • Women

By Distribution Channel

• • • Supermarkets/Hypermarkets

    • Departmental Stores

    • Convenience Stores

    • E-Commerce

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Asia-Pacific Razor and Razor Blade Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rising population in the emerging countries
         2. Increasing focus on grooming by consumers due to rising income level
      2. Restraints
         1. Growing popularity of beard look
         2. Increasing availability of substitutes
      3. Opportunities
         1. Rising product innovation such as launch of nanotech precision blades
      4. Challenges
         1. The prevalence of locally produced fake razor products
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Asia-Pacific Razor and Razor Blade Market Overview
   1. Market Size & Forecast, by Value, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
         1. Single Edge
         2. Double Edge
      2. By Blade Material
         1. Carbon Steel
         2. Stainless Steel
      3. By End User
         1. Men
         2. Women
      4. By Distribution Channel
         1. Supermarkets/Hypermarkets
         2. Departmental Stores
         3. Convenience Stores
         4. E-Commerce
5. Asia-Pacific Razor and Razor Blade Market
   1. Market Size & Forecast, by Value, 2019–2029
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Type
      2. By Blade Material
      3. By End User
      4. By Distribution Channel
      5. By Country
         1. China
            1. By Type
            2. By Blade Material
            3. By End User
            4. By Distribution Channel
         2. India
            1. By Type
            2. By Blade Material
            3. By End User
            4. By Distribution Channel
         3. Japan
            1. By Type
            2. By Blade Material
            3. By End User
            4. By Distribution Channel
         4. South Korea
            1. By Type
            2. By Blade Material
            3. By End User
            4. By Distribution Channel
         5. Australia & New Zealand
            1. By Type
            2. By Blade Material
            3. By End User
            4. By Distribution Channel
         6. Indonesia
            1. By Type
            2. By Blade Material
            3. By End User
            4. By Distribution Channel
         7. Malaysia
            1. By Type
            2. By Blade Material
            3. By End User
            4. By Distribution Channel
         8. Singapore
            1. By Type
            2. By Blade Material
            3. By End User
            4. By Distribution Channel
         9. Philippines
            1. By Type
            2. By Blade Material
            3. By End User
            4. By Distribution Channel
         10. Vietnam
             1. By Type
             2. By Blade Material
             3. By End User
             4. By Distribution Channel
         11. Rest of APAC
             1. By Type
             2. By Blade Material
             3. By End User
             4. By Distribution Channel
6. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Asia-Pacific Razor and Razor Blade Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
7. Impact of Covid-19 on Asia-Pacific Razor and Razor Blade Market
8. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. Kai Company Ltd.
   2. Feather Safety Razor Co. Ltd.
   3. Kaili Razor
   4. Edgewell
   5. Procter & Gamble
   6. Supermax
   7. Shanghai Cloud
   8. Laser Razor Blades
   9. Ningbo Jiali Plastic Co. Ltd.
   10. DORCO Co. Ltd.
   11. Other Prominent Players
9. Key Strategic Recommendations
10. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
       1. Secondary Research
       2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumptions & Limitations

*Financial information in case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1       Asia-Pacific Razor and Razor Blade Segmentation

Figure 2       Asia-Pacific Razor and Razor Blade Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       Asia-Pacific Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029

Figure 5       Asia-Pacific Razor and Razor Blade Market Share, By Type, By Value, 2019–2029

Figure 6       Asia-Pacific Razor and Razor Blade Market Share, By Blade Material, By Value, 2019–2029

Figure 7       Asia-Pacific Razor and Razor Blade Market Share, By End User, By Value, 2019–2029

Figure 8       Asia-Pacific Razor and Razor Blade Market Share, By Distribution Channel, By Value, 2019–2029

Figure 9       Asia-Pacific Razor and Razor Blade Market Share, By Country, By Value, 2019–2029

Figure 10     China Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029

Figure 11     China Razor and Razor Blade Market Share, By Type, By Value, 2019–2029

Figure 12     China Razor and Razor Blade Market Share, By Blade Material, By Value, 2019–2029

Figure 13     China Razor and Razor Blade Market Share, By End User, By Value, 2019–2029

Figure 14     China Razor and Razor Blade Market Share, By Distribution Channel, By Value, 2019–2029

Figure 15     India Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029

Figure 16     India Razor and Razor Blade Market Share, By Type, By Value, 2019–2029

Figure 17     India Razor and Razor Blade Market Share, By Blade Material, By Value, 2019–2029

Figure 18     India Razor and Razor Blade Market Share, By End User, By Value, 2019–2029

Figure 19     India Razor and Razor Blade Market Share, By Distribution Channel, By Value, 2019–2029

Figure 20     Japan Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029

Figure 21     Japan Razor and Razor Blade Market Share, By Type, By Value, 2019–2029

Figure 22     Japan Razor and Razor Blade Market Share, By Blade Material, By Value, 2019–2029

Figure 23     Japan Razor and Razor Blade Market Share, By End User, By Value, 2019–2029

Figure 24     Japan Razor and Razor Blade Market Share, By Distribution Channel, By Value, 2019–2029

Figure 25     South Korea Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029

Figure 26     South Korea Razor and Razor Blade Market Share, By Type, By Value, 2019–2029

Figure 27     South Korea Razor and Razor Blade Market Share, By Blade Material, By Value, 2019–2029

Figure 28     South Korea Razor and Razor Blade Market Share, By End User, By Value, 2019–2029

Figure 29     South Korea Razor and Razor Blade Market Share, By Distribution Channel, By Value, 2019–2029

Figure 30     Australia & New Zealand Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029

Figure 31     Australia & New Zealand Razor and Razor Blade Market Share, By Type, By Value, 2019–2029

Figure 32     Australia & New Zealand Razor and Razor Blade Market Share, By Blade Material, By Value, 2019–2029

Figure 33     Australia & New Zealand Razor and Razor Blade Market Share, By End User, By Value, 2019–2029

Figure 34     Australia & New Zealand Razor and Razor Blade Market Share, By Distribution Channel, By Value, 2019–2029

Figure 35     Indonesia Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029

Figure 36     Indonesia Razor and Razor Blade Market Share, By Type, By Value, 2019–2029

Figure 37     Indonesia Razor and Razor Blade Market Share, By Blade Material, By Value, 2019–2029

Figure 38     Indonesia Razor and Razor Blade Market Share, By End User, By Value, 2019–2029

Figure 39     Indonesia Razor and Razor Blade Market Share, By Distribution Channel, By Value, 2019–2029

Figure 40     Malaysia Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029

Figure 41     Malaysia Razor and Razor Blade Market Share, By Type, By Value, 2019–2029

Figure 42     Malaysia Razor and Razor Blade Market Share, By Blade Material, By Value, 2019–2029

Figure 43     Malaysia Razor and Razor Blade Market Share, By End User, By Value, 2019–2029

Figure 44     Malaysia Razor and Razor Blade Market Share, By Distribution Channel, By Value, 2019–2029

Figure 45     Singapore Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029

Figure 46     Singapore Razor and Razor Blade Market Share, By Type, By Value, 2019–2029

Figure 47     Singapore Razor and Razor Blade Market Share, By Blade Material, By Value, 2019–2029

Figure 48     Singapore Razor and Razor Blade Market Share, By End User, By Value, 2019–2029

Figure 49     Singapore Razor and Razor Blade Market Share, By Distribution Channel, By Value, 2019–2029

Figure 50     Philippines Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029

Figure 51     Philippines Razor and Razor Blade Market Share, By Type, By Value, 2019–2029

Figure 52     Philippines Razor and Razor Blade Market Share, By Blade Material, By Value, 2019–2029

Figure 53     Philippines Razor and Razor Blade Market Share, By End User, By Value, 2019–2029

Figure 54     Philippines Razor and Razor Blade Market Share, By Distribution Channel, By Value, 2019–2029

Figure 55     Vietnam Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029

Figure 56     Vietnam Razor and Razor Blade Market Share, By Type, By Value, 2019–2029

Figure 57     Vietnam Razor and Razor Blade Market Share, By Blade Material, By Value, 2019–2029

Figure 58     Vietnam Razor and Razor Blade Market Share, By End User, By Value, 2019–2029

Figure 59     Vietnam Razor and Razor Blade Market Share, By Distribution Channel, By Value, 2019–2029

Figure 60     Rest of APAC Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029

Figure 61     Rest of APAC Razor and Razor Blade Market Share, By Type, By Value, 2019–2029

Figure 62     Rest of APAC Razor and Razor Blade Market Share, By Blade Material, By Value, 2019–2029

Figure 63     Rest of APAC Razor and Razor Blade Market Share, By End User, By Value, 2019–2029

Figure 64     Rest of APAC Razor and Razor Blade Market Share, By Distribution Channel, By Value, 2019–2029

List of Tables

Table 1        Asia-Pacific Razor and Razor Blade Market Size, By Type, By Value, 2019–2029                       

Table 2        Asia-Pacific Razor and Razor Blade Market Size, By Blade Material, By Value, 2019–2029                    

Table 3        Asia-Pacific Razor and Razor Blade Market Size, By End User, By Value, 2019–2029                            

Table 4        Asia-Pacific Razor and Razor Blade Market Size, By Distribution Channel, By Value, 2019–2029                    

Table 5        Asia-Pacific Razor and Razor Blade Market Size, By Country, By Value, 2019–2029         

Table 6        China Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029                        

Table 7        China Razor and Razor Blade Market Size, By Type, By Value, 2019–2029                        

Table 8        China Razor and Razor Blade Market Size, By Blade Material, By Value, 2019–2029                            

Table 9        China Razor and Razor Blade Market Size, By End User, By Value, 2019–2029                   

Table 10      China Razor and Razor Blade Market Size, By Distribution Channel, By Value, 2019–2029                    

Table 11      India Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029                   

Table 12      India Razor and Razor Blade Market Size, By Type, By Value, 2019–2029                        

Table 13      India Razor and Razor Blade Market Size, By Blade Material, By Value, 2019–2029                            

Table 14      India Razor and Razor Blade Market Size, By End User, By Value, 2019–2029                   

Table 15      India Razor and Razor Blade Market Size, By Distribution Channel, By Value, 2019–2029                    

Table 16      Japan Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029                        

Table 17      Japan Razor and Razor Blade Market Size, By Type, By Value, 2019–2029                       

Table 18      Japan Razor and Razor Blade Market Size, By Blade Material, By Value, 2019–2029                            

Table 19      Japan Razor and Razor Blade Market Size, By End User, By Value, 2019–2029                         

Table 20      Japan Razor and Razor Blade Market Size, By Distribution Channel, By Value, 2019–2029                    

Table 21      South Korea Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029                    

Table 22      South Korea Razor and Razor Blade Market Size, By Type, By Value, 2019–2029                            

Table 23      South Korea Razor and Razor Blade Market Size, By Blade Material, By Value, 2019–2029                    

Table 24      South Korea Razor and Razor Blade Market Size, By End User, By Value, 2019–2029                    

Table 25      South Korea Razor and Razor Blade Market Size, By Distribution Channel, By Value, 2019–2029                    

Table 26      Australia & New Zealand Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029                    

Table 27      Australia & New Zealand Razor and Razor Blade Market Size, By Type, By Value, 2019–2029                    

Table 28      Australia & New Zealand Razor and Razor Blade Market Size, By Blade Material, By Value, 2019–2029                   

Table 29      Australia & New Zealand Razor and Razor Blade Market Size, By End User, By Value, 2019–2029                    

Table 30      Australia & New Zealand Razor and Razor Blade Market Size, By Distribution Channel, By Value, 2019–2029                    

Table 31      Indonesia Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029                            

Table 32      Indonesia Razor and Razor Blade Market Size, By Type, By Value, 2019–2029                   

Table 33      Indonesia Razor and Razor Blade Market Size, By Blade Material, By Value, 2019–2029                    

Table 34      Indonesia Razor and Razor Blade Market Size, By End User, By Value, 2019–2029                            

Table 35      Indonesia Razor and Razor Blade Market Size, By Distribution Channel, By Value, 2019–2029                    

Table 36      Malaysia Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029                            

Table 37      Malaysia Razor and Razor Blade Market Size, By Type, By Value, 2019–2029                   

Table 38      Malaysia Razor and Razor Blade Market Size, By Blade Material, By Value, 2019–2029                    

Table 39      Malaysia Razor and Razor Blade Market Size, By End User, By Value, 2019–2029                            

Table 40      Malaysia Razor and Razor Blade Market Size, By Distribution Channel, By Value, 2019–2029                    

Table 41      Singapore Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029                            

Table 42      Singapore Razor and Razor Blade Market Size, By Type, By Value, 2019–2029                        

Table 43      Singapore Razor and Razor Blade Market Size, By Blade Material, By Value, 2019–2029                    

Table 44      Singapore Razor and Razor Blade Market Size, By End User, By Value, 2019–2029                            

Table 45      Singapore Razor and Razor Blade Market Size, By Distribution Channel, By Value, 2019–2029                    

Table 46      Philippines Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029                            

Table 47      Philippines Razor and Razor Blade Market Size, By Type, By Value, 2019–2029                        

Table 48      Philippines Razor and Razor Blade Market Size, By Blade Material, By Value, 2019–2029                    

Table 49      Philippines Razor and Razor Blade Market Size, By End User, By Value, 2019–2029                            

Table 50      Philippines Razor and Razor Blade Market Size, By Distribution Channel, By Value, 2019–2029                    

Table 51      Vietnam Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029                            

Table 52      Vietnam Razor and Razor Blade Market Size, By Type, By Value, 2019–2029                    

Table 53      Vietnam Razor and Razor Blade Market Size, By Blade Material, By Value, 2019–2029                    

Table 54      Vietnam Razor and Razor Blade Market Size, By End User, By Value, 2019–2029                            

Table 55      Vietnam Razor and Razor Blade Market Size, By Distribution Channel, By Value, 2019–2029                    

Table 56      Rest of APAC Razor and Razor Blade Market Size, By Value (USD Million), 2019–2029                    

Table 57      Rest of APAC Razor and Razor Blade Market Size, By Type, By Value, 2019–2029                            

Table 58      Rest of APAC Razor and Razor Blade Market Size, By Blade Material, By Value, 2019–2029                    

Table 59      Rest of APAC Razor and Razor Blade Market Size, By End User, By Value, 2019–2029                    

Table 60      Rest of APAC Razor and Razor Blade Market Size, By Distribution Channel, By Value, 2019–2029

Table 61      Kai Company Ltd. Company Overview

Table 62      Kai Company Ltd. Financial Overview

Table 63      Feather Safety Razor Co. Ltd. Company Overview

Table 64      Feather Safety Razor Co. Ltd. Financial Overview

Table 65      Kaili Razor Company Overview

Table 66      Kaili Razor Financial Overview

Table 67      Edgewell Company Overview

Table 68      Edgewell Financial Overview

Table 67      Procter & Gamble Company Overview

Table 68      Procter & Gamble Financial Overview

Table 69      Supermax Company Overview

Table 70      Supermax Financial Overview

Table 71      Shanghai Cloud Company Overview

Table 72      Shanghai Cloud Financial Overview

Table 73      Laser Razor Blades Company Overview

Table 74      Laser Razor Blades Financial Overview

Table 75      Ningbo Jiali Plastic Co. Ltd. Company Overview

Table 76      Ningbo Jiali Plastic Co. Ltd. Financial Overview

Table 77      DORCO Co. Ltd. Company Overview

Table 78      DORCO Co. Ltd. Financial Overview