Razor Market Size and Share
Razor Market Analysis by Mordor Intelligence
The razor market size is estimated at USD 11.59 billion in 2025, and is expected to reach USD 13.98 billion by 2030, at a CAGR of 3.82% during the forecast period (2025-2030). This steady growth arises from rising male grooming awareness, rapid e-commerce penetration, premium product launches, and widening participation by female shoppers. Subscription services, dermatologist-endorsed designs, and zero-waste formats are redefining competitive boundaries, enabling nimble entrants to win customers who once relied on legacy brands. Asia-Pacific anchors demand on the back of urbanization and income gains, while Europe steers sustainability standards that ripple across the global razor market. Although beard fashion, electric trimmers, and laser hair removal temper sales in mature economies, innovation in heated handles, exfoliating bars, and refillable cartridges is preserving pricing power and lengthening product life cycles.
Key Report Takeaways
- By razor type, cartridge razors led with 38.13% revenue in 2024 and are forecast to expand at a 4.12% CAGR to 2030.
- By user, men accounted for 67.84% of the razor market share in 2024, whereas women are poised for the fastest 4.36% CAGR through 2030.
- By price point, mass products represented 69.39% of 2024 sales; premium lines are projected to grow at a 4.63% CAGR on the back of heated and skin-care-infused designs.
- By distribution channel, supermarkets and hypermarkets held 34.91% of 2024 turnover, yet online retailers are rising at a 5.07% CAGR as subscription adoption accelerates.
- By geography, Asia-Pacific commanded 34.28% of 2024 revenue and is expected to post a 4.87% CAGR, outpacing every other region.
Global Razor Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecasts | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising Male Grooming Awareness | +0.8% | Global, with strongest impact in Asia-Pacific and Latin America | Medium term (2-4 years) |
| Surge of Direct-to-Consumer Razor Subscriptions | +0.6% | North America and Europe, expanding to Asia-Pacific | Short term (≤ 2 years) |
| Eco-friendly and Zero-waste Shaving Solutions | +0.4% | Europe and North America, with regulatory spillover to other regions | Long term (≥ 4 years) |
| Dermatologist-Approved and Skin-Sensitive Options | +0.5% | Global, with premium positioning in developed markets | Medium term (2-4 years) |
| Product Innovation and Technological Advancements | +0.7% | Global, led by North America and Europe | Medium term (2-4 years) |
| Surging Demand from Female Consumers | +0.9% | Global, with fastest growth in Asia-Pacific and emerging markets | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Rising Male Grooming Awareness
The growing emphasis on male grooming is reshaping global razor market dynamics, as shaving increasingly becomes part of broader personal care routines rather than a utilitarian task. This shift is especially evident in Asia-Pacific, where rapid urbanization and rising disposable incomes are fostering demand for higher-quality grooming products. According to the National Bureau of Statistics of China, the country’s per capita disposable income reached CNY 41,314 in 2024, reflecting a steady rise in consumer purchasing power and lifestyle spending [1]Source: National Bureau of Statistics of China, "Statistical Communiqué on the 2024 National Economic and Social Development", stats.gov.cn. This evolution in male grooming habits is encouraging brands to reposition razors from basic hygiene tools to lifestyle-oriented products, enabling premiumization and expanded category relevance.
Surge of Direct-to-Consumer Razor Subscriptions
The subscription economy has reshaped the razor industry, shifting market power toward direct-to-consumer (DTC) brands by enhancing convenience and fostering loyalty through personalized offerings. Both startups and established players use subscriptions to secure recurring revenue and drive product innovation. This shift is supported by growing global internet access; by 2023, over 5.4 billion people, two-thirds of the global population, were online, according to the International Telecommunication Union (ITU) [2]Source: International Telecommunication Union, "Facts and Figures 2023: Almost universal connectivity but still a digital divide", itu.int. However, retaining subscribers remains challenging as consumers demand flexibility, transparency, and value alignment. In response, legacy brands are adopting hybrid subscription-retail strategies and adaptable plans, emphasizing convenience, customization, and seamless brand interactions alongside product performance.
Eco-friendly and Zero-waste Shaving Solutions
Driven by heightened environmental awareness, the demand for sustainable shaving alternatives is surging. Regulatory frameworks, notably the EU's Single-Use Plastic Directive 2019/904, are hastening this shift towards eco-friendly packaging and product design. This directive compels EU member states to curtail single-use plastic consumption, a move that directly influences the packaging of disposable razors and may even extend to the materials used. As consumers place greater emphasis on environmental considerations in their purchasing choices, safety razor manufacturers and brands with refillable cartridge systems are seizing the moment. In response to this trend, companies are launching initiatives such as Edgewell's Razor Recycling Program in the US, alongside broader sustainability strategies aimed at 2030 environmental benchmarks. European markets are witnessing a pronounced momentum, where a blend of regulatory pressures and consumer activism is propelling the shift towards zero-waste shaving solutions. Brands that adeptly weave sustainability into their core offerings are reaping competitive advantages.
Dermatologist-Approved and Skin-Sensitive Options
As consumers become more discerning about personal care, razors are evolving to prioritize skin health alongside hair removal. Innovations like Procter & Gamble’s GilletteLabs with Exfoliating Bar Razor seamlessly blend precision shaving technology with skincare features, aiming to minimize razor burn, ingrown hairs, and irritation. A 2025 epidemiological study conducted on over 600 adults in Thailand revealed that a significant 86.9% reported having sensitive skin. Among them, 57.5% faced moderate to severe sensitivity [3]Source: National Library of Medicine (NLM), "Sensitive Skin in Thais: Prevalence, Clinical Characteristics, and Diagnostic Cutoff Scores", ncbi.nlm.nih.gov. The study pinpointed female sex, pre-existing dermatologic conditions, atopic dermatitis, and dry skin as primary risk factors. These findings highlight the pressing demand for dermatologist-approved, clinically-informed razors, particularly those catering to sensitive skin. Brands that can convincingly showcase skin-safe benefits, backed by research and expert validation, stand poised to align with contemporary consumer expectations and command a premium market position.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecasts | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Beard and Stubble Fashion Trend | -0.7% | Global, with strongest impact in North America and Europe | Medium term (2-4 years) |
| Shift to Electric Trimmers/Laser Hair Removal | -0.5% | Developed markets, expanding to urban areas in emerging economies | Long term (≥ 4 years) |
| Single-use Plastic Regulation on Disposables | -0.3% | Europe leading, with global regulatory spillover expected | Long term (≥ 4 years) |
| 'Pink-tax' Scrutiny Squeezing Price Premiums | -0.4% | North America and Europe, with regulatory attention increasing | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Beard and Stubble Fashion Trend
The growing cultural acceptance of facial hair has become a significant restraint on the traditional razor market, as beard and stubble styles are now widely embraced across age groups and geographies. This shift reflects not only evolving aesthetic preferences but also practical consumer considerations such as cost savings and reduced grooming effort. As men increasingly opt for less frequent shaving, demand for razors and related products has softened, prompting legacy brands to recalibrate their portfolios. While this trend poses challenges for core shaving categories, it has simultaneously opened new avenues for growth in beard care and maintenance products, including oils, trimmers, and styling tools. Additionally, the rise in popularity of facial hair has contributed to a resurgence in professional grooming services, as consumers seek more specialized and curated maintenance routines.
Shift to Electric Trimmers/Laser Hair Removal
Alternative hair removal technologies, like electric trimmers and laser treatments, are increasingly challenging the traditional razor market, particularly in developed regions. Consumers now favor solutions that prioritize convenience, longevity, and skin-friendliness, attributes that electric devices and professional treatments often deliver more effectively than manual razors. This shift is especially pronounced among younger, tech-savvy individuals and in markets where grooming is shaped by changing beauty standards and skin health concerns. With laser hair removal becoming popular in premium segments and electric trimmers seeing a drop in price and a rise in availability, traditional razor makers are grappling with relevance. To navigate this landscape, brands are urged to delve into adjacent categories, champion product innovation, or forge partnerships to tap into the expansive realm of contemporary grooming solutions.
Segment Analysis
By Razor Type: Cartridge Dominance Drives Innovation
Cartridge razors maintain market leadership with 38.13% share in 2024 while simultaneously achieving the fastest growth at 4.12% CAGR through 2030, reflecting consumer preference for premium shaving experiences over disposable alternatives. This dual performance indicates successful premiumization strategies, with brands like Gillette Labs introducing heated razors and exfoliating bar technologies that command higher price points while improving user experience. The cartridge segment benefits from recurring revenue models, as consumers must regularly purchase replacement cartridges, creating predictable cash flows for manufacturers. Disposable razors face increasing pressure from environmental regulations, particularly the EU's Single-Use Plastic Directive, which is driving consumers toward reusable alternatives.
Safety razors represent a niche but growing segment, appealing to environmentally conscious consumers and wet shaving enthusiasts who prioritize sustainability and traditional grooming experiences. The safety razor revival is supported by artisan manufacturers and specialty retailers who emphasize the long-term cost savings and environmental benefits of traditional shaving methods. This segment's growth is particularly strong in markets with high environmental awareness, where consumers are willing to invest in durable products that reduce ongoing waste generation. The segment also benefits from social media influence and grooming communities that promote traditional shaving techniques as superior alternatives to modern cartridge systems.
Note: Segment shares of all individual segments available upon report purchase
By User: Women's Segment Accelerates Growth
Men continue to dominate razor consumption with 67.84% market share in 2024, but the women's segment is experiencing faster growth at 4.36% CAGR through 2030, driven by changing beauty standards and increased disposable income in emerging markets. The women's razor market benefits from higher price tolerance, with female consumers demonstrating willingness to pay premium prices for products addressing specific needs like sensitive skin formulations and ergonomic designs. However, the segment faces increasing scrutiny over gender-based pricing disparities, with the "pink tax" phenomenon resulting in approximately 7% price premiums for similar products, prompting regulatory attention in markets like Australia.
The male segment is experiencing disruption from changing grooming habits, with beard and stubble trends reducing shaving frequency and creating demand for alternative grooming products. Companies are responding by diversifying product portfolios to include beard maintenance tools and styling products, recognizing that traditional shaving may no longer be the primary male grooming activity. The segment also faces competition from electric trimmers and laser hair removal technologies, particularly in developed markets where consumers have access to advanced grooming alternatives. Despite these challenges, the male segment continues to drive innovation in heated razors and precision engineering, with brands investing heavily in technological differentiation to maintain market position.
By Price Point: Premium Growth Outpaces Mass Market
Mass market products command 69.39% share in 2024, reflecting the price-sensitive nature of razor purchases and the importance of accessibility in driving volume sales. However, premium segments are growing faster at 4.63% CAGR through 2030, indicating successful brand differentiation through technological innovation and superior user experiences. This growth pattern suggests market bifurcation, with consumers either seeking value-oriented solutions or premium experiences, while mid-tier positioning faces compression. Premium growth is driven by products like Harry's Plus razor, which required 10 years of development and incorporates advanced blade technology to justify higher pricing.
The premium segment benefits from technological innovations like heated razors, dermatologist-approved formulations, and precision engineering that create tangible performance differences. Brands are leveraging direct-to-consumer relationships to educate consumers about premium product benefits while building loyalty through subscription models that reduce price sensitivity. The mass market segment faces pressure from private label competition and regulatory constraints on disposable products, forcing manufacturers to optimize production efficiency while maintaining quality standards. Companies like Procter & Gamble are implementing "upflation" strategies, introducing new uses for existing products to justify higher prices in response to inflationary pressures.
By Distribution Channel: Online Acceleration Reshapes Retail
Traditional supermarkets and hypermarkets maintain 34.91% market share in 2024, but online retail channels are experiencing rapid growth at 5.07% CAGR through 2030, driven by subscription models and direct-to-consumer strategies that bypass traditional retail markups. The online channel's growth is accelerated by companies like Harry's and Dollar Shave Club, which have demonstrated the effectiveness of direct customer relationships in building brand loyalty and enabling rapid product iteration. Subscription models are particularly effective in the razor category, where predictable repurchase cycles align with automated delivery systems, creating convenience for consumers while generating recurring revenue for manufacturers.
Convenience and grocery stores continue to serve important roles in impulse purchases and emergency replacements, while pharmacy channels benefit from the health and wellness positioning of dermatologist-approved products. The distribution evolution is forcing traditional retailers to adapt their strategies, with many launching their own subscription services or partnering with D2C brands to maintain relevance. Online growth is supported by improved logistics capabilities and consumer comfort with subscription services, particularly among younger demographics who prioritize convenience over traditional shopping experiences. However, the online channel faces challenges from high customer acquisition costs and the need for continuous innovation to maintain subscriber engagement and reduce churn rates.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
In 2024, Asia-Pacific commands a 34.28% share of the global razor market and is set to grow at a brisk 4.87% CAGR through 2030. This surge is fueled by swift urbanization, rising disposable incomes, and shifting grooming standards in emerging economies. Countries like India and China are seeing a surge in grooming product adoption, thanks to a burgeoning middle class and evolving cultural perceptions. The growth of e-commerce, paired with a rising female workforce, is amplifying the demand for women's grooming products. While value remains paramount, there's a notable diversification in the market, with heightened interest in both manual and electric grooming solutions, customized for regional skin and hair types.
North America and Europe stand as mature markets, boasting deep product penetration, strong brand loyalty, and robust retail frameworks. Yet, both regions grapple with evolving grooming trends, notably the rising trend of beards and stubble, which has dampened the demand for conventional shaving products. In light of this, brands are branching out into related areas like beard grooming and skincare. Europe's regulatory initiatives, such as the EU Single-Use Plastics Directive (2019/904), are fast-tracking the development of sustainable products and innovative packaging, setting a benchmark for global industry standards. Meanwhile, in North America, the rise of direct-to-consumer models and competition from niche brands are nudging traditional players to rethink their market strategies to stay pertinent.
South America, the Middle East, and Africa present budding growth prospects, buoyed by urban population surges, rising incomes, and heightened grooming awareness. Yet, these regions contend with challenges like economic fluctuations, currency instability, and infrastructural hurdles that impact product distribution and pricing. Global brands tread cautiously, often recalibrating their portfolios to resonate with local economic dynamics. With e-commerce gaining traction, especially among the youth, these regions are steadily navigating distribution hurdles, allowing international brands to fortify their market presence and brand value over time.
Competitive Landscape
The global razor market remains highly consolidated, with legacy players like Procter & Gamble (Gillette) and Edgewell Personal Care holding dominant positions through expansive product portfolios, established retail relationships, and global distribution capabilities. However, the landscape is evolving as newer entrants and digitally native brands leverage agility and targeted branding to address shifting consumer preferences. The rise of direct-to-consumer (DTC) models has reshaped traditional retail dynamics, especially in mature markets, by offering convenience, customization, and subscription-based pricing. This disruption has compelled incumbents to re-evaluate their go-to-market strategies and adopt more consumer-centric, digitally integrated approaches.
With traditional wet shaving witnessing a slowdown, industry leaders are pivoting towards technological innovations and diversifying their portfolios to reignite demand and bolster brand relevance. Procter & Gamble’s 2024 Annual Report underscores the success of its GilletteLabs with the Exfoliating Bar Razor, attributing it to a high single-digit organic sales growth in the grooming segment. This underscores the potential of premium, functional offerings to rejuvenate established categories. Furthermore, major players are venturing into related personal care domains, including beard grooming, skincare, and solutions tailored for women. This strategic expansion seeks to resonate with changing grooming habits and tap into a broader spectrum of consumer spending beyond just shaving.
Brands are increasingly finding avenues for differentiation in sustainability, inclusive design, and penetrating emerging markets. With younger consumers prioritizing ethical sourcing, product durability, and transparency, brands that authentically champion these values stand to gain. Meanwhile, regions like Asia-Pacific and Latin America present growth opportunities, but they demand tailored market entry strategies that harmonize affordability with quality and respect cultural grooming nuances. The next competitive frontier hinges on a brand’s prowess in melding innovation, accessibility, and authenticity to strike a chord with diverse consumer segments and regions.
Razor Industry Leaders
-
The Procter & Gamble Company
-
Edgewell Personal Care Company
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Dorco Co., Ltd.
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Societe Bic S.A.
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Feather Safety Razor co., Ltd.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- June 2025: Venus unveiled its limited-edition Pink Pomegranate Razor, a vibrant seasonal launch designed to refresh your grooming routine. Available exclusively in stores from June, just in time for a summer skincare update.
- May 2025: BIC has launched the BIC Flex 5 Sensitive, dermatologist-tested and clinically proven for sensitive skin. It features five long-lasting blades for a close, comfortable shave.
- May 2025: Harry’s launched Harry’s Plus, a premium cartridge featuring optimized blade geometry and a redesigned lubrication strip to elevate shaving comfort.
Global Razor Market Report Scope
| Cartridge Razors |
| Disposable Razors |
| Safety Razors |
| Men |
| Women |
| Premium |
| Mass |
| Supermarkets/Hypermarkets |
| Convenience/Grocery Stores |
| Online Retail Stores |
| Other Distribution Channels |
| North America | United States |
| Canada | |
| Mexico | |
| Rest of North America | |
| Europe | Germany |
| United Kingdom | |
| Italy | |
| France | |
| Spain | |
| Netherlands | |
| Poland | |
| Belgium | |
| Sweden | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| Australia | |
| Indonesia | |
| South Korea | |
| Thailand | |
| Singapore | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Argentina | |
| Colombia | |
| Chile | |
| Peru | |
| Rest of South America | |
| Middle East and Africa | South Africa |
| Saudi Arabia | |
| United Arab Emirates | |
| Nigeria | |
| Egypt | |
| Morocco | |
| Turkey | |
| Rest of Middle East and Africa |
| By Razor Type | Cartridge Razors | |
| Disposable Razors | ||
| Safety Razors | ||
| By User | Men | |
| Women | ||
| By Price Point | Premium | |
| Mass | ||
| By Distribution Channel | Supermarkets/Hypermarkets | |
| Convenience/Grocery Stores | ||
| Online Retail Stores | ||
| Other Distribution Channels | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Europe | Germany | |
| United Kingdom | ||
| Italy | ||
| France | ||
| Spain | ||
| Netherlands | ||
| Poland | ||
| Belgium | ||
| Sweden | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Japan | ||
| Australia | ||
| Indonesia | ||
| South Korea | ||
| Thailand | ||
| Singapore | ||
| Rest of Asia-Pacific | ||
| South America | Brazil | |
| Argentina | ||
| Colombia | ||
| Chile | ||
| Peru | ||
| Rest of South America | ||
| Middle East and Africa | South Africa | |
| Saudi Arabia | ||
| United Arab Emirates | ||
| Nigeria | ||
| Egypt | ||
| Morocco | ||
| Turkey | ||
| Rest of Middle East and Africa | ||
Key Questions Answered in the Report
What is the current value of the razor market?
The razor market was valued at USD 11.59 billion in 2025 and is forecast to reach USD 13.98 billion by 2030 at a 3.82% CAGR.
Which product segment is growing the fastest?
Cartridge systems are projected to expand at a 4.12% CAGR through 2030, buoyed by premium innovations such as heated handles and exfoliating bars.
Why are online channels important for razor sales?
Online stores are expanding at a 5.07% CAGR because subscriptions automate refills, enhance convenience, and provide brands with direct customer feedback.
How is sustainability influencing new razor launches?
EU plastics regulation and consumer eco-awareness have accelerated the adoption of stainless-steel safety handles, recyclable packaging, and manufacturer take-back schemes.
What impact does beard fashion have on blade demand?
Beard and stubble styles reduce daily shaving frequency, trimming blade volumes but simultaneously creating opportunities for beard maintenance tools and oils.
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