Global Razor Market Size & Outlook, 2024-2030
The razor industry worldwide is expected to reach a projected revenue of US$ 15,711.5 million by 2030. A compound annual growth rate of 3.9% is expected of the worldwide razor industry from 2025 to 2030.
Revenue, 2024 (US$M)
$12,541.0
Forecast, 2030 (US$M)
$15,711.5
CAGR, 2025 - 2030
3.9%
Report Coverage
Worldwide
Global razor market, 2018-2030 (US$M)
Related Markets
Global razor market highlights
- The global razor market generated a revenue of USD 12,541.0 million in 2024 and is expected to reach USD 15,711.5 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 3.9% by 2030.
- In terms of segment, catridge accounted for a revenue of USD 4,861.3 million in 2024.
- Electric is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 12,541.0 million |
| Market revenue in 2030 | USD 15,711.5 million |
| Growth rate | 3.9% (CAGR from 2025 to 2030) |
| Largest segment | Catridge |
| Fastest growing segment | Electric |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Catridge, Disposable, Electric |
Other key industry trends
- In terms of revenue, the North America accounted for 31.6% of the global razor market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 538.9 million by 2030.
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Razor Market Scope
Razor market segmentation & scope
Razor Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global razor market size, by regions, 2018-2030 (US$M)
Top 10 countries: Razor market size, 2024 (US$M)
Global razor market share, by product, 2024 & 2030 (%, US$M)
Razor market: Opportunity assessment by country
Global razor market, by region, 2024 (US$M)
Related regional statistics
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