Disposable Razors Market is likely to register double digit CAGR by 2027

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Disposable Razors Market: Introduction

Disposable razors are made to be used just once for cleaning and shaving purposes. These razors are completely made of inexpensive materials. The blade used in it cannot be sharpened or replaced. These razors are also known as use and throw razors. With the increase in demand for disposable razors, it is now coming with better elements like lubricated strips that are made of Aloe and vitamin E, and which makes the shaving an extra smooth process. It also comes with an adjustable head that can move along the contour of face. The disposable razors market can be categorized on the basis of material, type, and application. Since the time disposable razors were introduced by Paul Winchell, it became a popular product among both men and women. Many people would still prefer the old and reusable razors as it is considered to be a better option for clean and close shave. It is also considered to be an economical and environment friendly option. But new disposable razors are easily available and are also witnessing a higher demand lately with new advancements being incorporated in them.

 Disposable Razors Market: Drivers and Restraints

With fast paced lives of people, they are more inclined towards use and throw products available in the market instead of cleaning and sterilizing the same blade. This makes the disposable razors a widely used product especially among younger generation. The disposable razors market is also full of buyers with extra disposable income. People who live in the developed economies mostly have extra disposable income that makes them opt for goods that are more convenient and easily available to them, regardless the cost. Furthermore, the increase in population and commercialization, there is a visible increase in the number of people travelling across the world. Such travelers mostly prefer use-and-throw products instead of carrying extra baggage.

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Disposable Razors Market: Regional Outlook

The global disposable razor market is expected to be dominated by developed countries. In addition, APAC which consists of many developing countries is expected to be an emerging and highly attractive market for disposable razors. This can be attributed to the wide adoption of disposable razors in emerging countries such as India and China that have a higher proportion which is not yet inclined towards electric razors as compared to America and Europe.

Disposable Razors Market: Key Players

The global disposable razors market comprises many major companies that are in close competition with each other. Some of these players involved in the manufacturing of disposable razors are Gillette (P and G), DORCO, Energizerm, Laser Razor Blades, FEATHER, Harry’s, LORD, BIC, Liyu K, Jiali, Kaili Razor, Supermax Benxi Jincheng, and Razor LLC etc.