Europe Razor Market Size, Share & Industry Trends Analysis Report By Consumer, By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, and Online), By Product Type, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Razor Market would witness market growth of 3.9% CAGR during the forecast period (2022-2028).
Men and women both need to shave their body hair for aesthetic reasons, improved athletic performance, personal hygiene, a stronger sense of hygiene, smell better, and prevent bad 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 would drive the razor blade market's expansion.
The demand for the market is being driven by a growing emphasis on men's personal grooming as a result of rising awareness of personal hygiene and aesthetics. Growth is also being accelerated by the growing use of sustainable packaging and raw materials. Hair maintenance and beard styling have become more important as fashions regarding how men and women should look have emerged in Western culture.
Europe is a region with various developed countries. This disposable income of the regional populations is rapidly rising, allowing them to live with better living standards. Grooming is a necessary aspect of one’s life. A number of people across the region are adopting razors in their day-to-day life. This factor is positively impacting the regional sales of the razor. Moreover, the increasing number of women joining the workforce is also increasing the utilization of razors in the region.
The Germany market dominated the Europe Razor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $948.5 Million by 2028. The UK market is anticipated to grow a CAGR of 3.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 4.7% during (2022 - 2028).
Based on Consumer, the market is segmented into Men and Women. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, and Online. Based on Product Type, the market is segmented into Cartridge, Disposable, and Electric. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Razor Market will Hit $14.45 Billion by 2028, at a CAGR of 4.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Procter and Gamble Company, Koninklijke Philips N.V., Edgewell Personal Care Company, B. Braun Melsungen AG, Société Bic S.A., Syska LED Lights Private Limited, Harry’s, Inc., and Dorco Co. Ltd., Super-max group, and Nova
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Supermarkets & Hypermarkets
- Convenience Stores
By Product Type
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- The Procter and Gamble Company
- Koninklijke Philips N.V.
- Edgewell Personal Care Company
- B.Braun Melsungen AG
- Société Bic S.A.
- Syska LED Lights Private Limited
- Harry’s, Inc.
- Dorco Co. Ltd.
- Super-max group
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