Global Shaving Market Size & Outlook, 2021-2028

The shaving industry worldwide is expected to reach a projected revenue of US$ 5,029.4 million by 2028. A compound annual growth rate of 3.3% is expected of the worldwide shaving industry from 2022 to 2028.
Revenue, 2021 (US$M)
$4,007.2
Forecast, 2028 (US$M)
$5,029.4
CAGR, 2022 - 2028
3.3%
Report Coverage
Worldwide

Global shaving market highlights

  • The global shaving market generated a revenue of USD 4,007.2 million in 2021 and is expected to reach USD 5,029.4 million by 2028.
  • The market is expected to grow at a CAGR (2022 - 2028) of 3.3% by 2028.
  • In terms of segment, razors & blades accounted for a revenue of USD 2,994.2 million in 2021.
  • Beard Moisturizer, Pre-Shave Cream 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 2021.
  • Country-wise, Germany is expected to register the highest CAGR from 2022 to 2028.

Global data book summary

Market revenue in 2021USD 4,007.2 million
Market revenue in 2028USD 5,029.4 million
Growth rate3.3% (CAGR from 2021 to 2028)
Largest segmentRazors & blades
Fastest growing segmentBeard Moisturizer, Pre-Shave Cream
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationRazors & Blades, Beard Moisturizer, Pre-Shave Cream, After Shave Emulsion

Other key industry trends

  • In terms of revenue, the North America accounted for 35.2% of the global shaving market in 2021.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
  • By country, Germany is the fastest growing regional market and is projected to reach USD 235.9 million by 2028.

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Shaving Market Companies

Name Profile # Employees HQ Website

Global shaving market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to shaving market will help companies and investors design strategic landscapes.


Razors & blades was the largest segment with a revenue share of 74.72% in 2021. Horizon Databook has segmented the Global shaving market based on razors & blades, beard moisturizer, pre-shave cream, after shave emulsion covering the revenue growth of each sub-segment from 2017 to 2028.


  • Global Shaving Product Outlook (Revenue, USD Million, 2017-2028)
    • Razors & Blades
    • Beard Moisturizer, Pre-Shave Cream
    • After Shave Emulsion
  • Global Shaving Distribution Channel Outlook (Revenue, USD Million, 2017-2028)
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    • Online

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Target buyers of Global shaving market databook

  • Our clientele includes a mix of shaving market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global shaving market , including forecasts for subscribers. This global databook contains high-level insights into Global shaving market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Global shaving market size, by region, 2017-2028 (US$M)

Top 10 countries: Shaving market size, 2021 (US$M)

Global shaving market share, by product, 2021 & 2028 (%, US$M)

Shaving market: Opportunity assessment by country

Global shaving market, by region, 2021 (US$M)

Global shaving market size, by region, 2017-2028 (US$M)

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