Razor Market Size

Global Razor Market size was valued at USD 17.7 billion in 2023 and is poised to grow from USD 18.07 billion in 2024 to USD 21.34 billion by 2032, growing at a CAGR of 2.1% during the forecast period (2025-2032).

When it comes to grooming, razors are overwhelmingly chosen. The main factor fueling the market's expansion is rising awareness of cleanliness and hygienic conditions. Razor blades may be bought at many convenience stores and are easily changed. Due to this, businesses are able to keep customers' loyalty and faith in their products. Recent razor products for the female market have been introduced, and the female population is increasingly adopting these products, which greatly facilitates the market's growth. The market is expanding primarily due to rising consumer demand for high-end, highly functional grooming products and rising income levels among the populace. The fashion trend among men to maintain various beard styles is also shifting in the global razor market, which is fueling demand for fresher, more creative razor products. The growth of the middle class and the rate of urbanization are two additional factors driving the demand for such goods.

US Razor Market is poised to grow at a sustainable CAGR for the next forecast year.