(MENAFN- iCrowdNewsWire) iCrowdNewswire - Mar 20, 2019
Market Research Report Storeoffers a latest published report on Razor Blade Market Analysis and Forecast 2019-2025delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 158 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
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Global Razor Blade Market Is Expected To Reach $2556.20 Million By 2023 From $2538.65 Million In 2018
Razor Blade market, a razor blade is a blade used in a razor, typically a flat piece of metal with a sharp edge or edges used in a safety razor which is used to remove unwanted hair from the face or body.
The major players in global Razor Blade market include: Gillette (P & G), Edgewell Personal Care, BIC, Laser Razor Blades , Lord, DORCO, Supermax, Harry's (Feintechnik), FEATHER, Benxi Jincheng, Kaili Razor, Ningbo Jiali, Liyu Razor, Shanghai Cloud, Yingjili.
On the basis of product, the Razor Blade market is primarily split into: Double Edge Razor Blades, Single Edge Razor Blades.
On the basis on the end users/applications, this report covers: Men's Razors, Women's Razor.
Razor Blade industry is relatively concentrated, manufacturers are mostly in the North America, Europe and APAC. Among them, North America sales value accounted for more than 38.06% of the total output value of global Razor Blade in 2017. Gillette (P & G) is the world leading manufacturer in global Razor Blade market with the market share of 70.06%, in terms of revenue, followed by Edgewell Personal Care, BIC, Laser Razor Blades and Lord.
The global Razor Blade market is expected to reach $2556.20 million by 2023 from $2538.65 million in 2018, growing at a CAGR of 0.14% from 2018 to 2023. And North America market is expected to keep being the biggest market with sales market share of 33.20% in 2023, in terms of sales.
With the increasing in production capacity, expected that the Razor Blade raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of Razor Blade.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
The average price of Razor Blade will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.
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Related Information:
North America Razor BladeMarket Growth 2019-2024
United States Razor BladeMarket Growth 2019-2024
Asia-Pacific Razor BladeMarket Growth 2019-2024
Europe Razor BladeMarket Growth 2019-2024
EMEA Razor BladeMarket Growth 2019-2024
Global Razor BladeMarket Growth 2019-2024
China Razor BladeMarket Growth 2019-2024
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