Expansion of Global Razor and Razor Blade Industry is Forecast to Reach 1.3% P.A.

Date: 2015-08-13

“The expansion of the global razor and razor blade industry is forecast to reach 1.3% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 4.0%. Currently, razors account for 55.2% of the global demand while the remaining market share is divided between safety razor blades (40.2%) and parts of non-electric razors (4.6%).

China, Germany, Japan, Poland and the United States represent the largest razors and razor blades markets while the strongest annual growth is forecast to occur in Panama (16.9%), Vietnam (10.9%), Iran (8.6%), Moldova (8.1%), and Bolivia (7.3%).”

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