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.
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.
The Asia-Pacific region drives the shaving market because of its huge population, growing disposable income, shifting grooming patterns, urbanization, and localized product innovation, all of which contribute to a higher need for shaving products and grooming solutions.
Cultural trends in personal grooming, fueled by social media and urbanization, enhance demand. Furthermore, personalized product innovation and marketing techniques appeal to a wide range of tastes, cementing the region’s position as a major player in the worldwide shaving business.
Gillette is a US-based manufacturer of safety razors and other personal care goods, such as shaving equipment, owned by the multinational firm Procter and Gamble. Global Gillette was disbanded in July 2007 and merged with Procter & Gamble’s other two major businesses, Procter & Gamble Beauty and Procter & Gamble Household Care.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 3.8 Billion |
| Projected Market Size in 2033 | USD 6.6 Billion |
| Market Size in 2023 | USD 3.5 Billion |
| CAGR Growth Rate | 3.7% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Product, Distribution Channel and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
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
The Shaving Market is segmented as follows:
By Product
- Razors & Blades
- Beard Moisturizer
- Pre-shave Cream
- After-shave Emulsion
By Distribution Channel
- Retail Stores
- Online Stores
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America