U.S. Razor Market Trends Segment Analysis and Future Scope

1. U.S. Razor Market is Led by The Cartridge Razors Category 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

2. The U.S. razor market will touch USD 3,001.9 million, growing at a 0.96% compound annual growth rate, by 2030. Get the sample pages https://www.psmarketresearch.com/market-analysis/us-razor-market- demand/report-sample The growth of the U.S. razor industry is primarily because of the existence of prominent companies in the nation. Furthermore, the interest in male grooming and shaving to enhance appearance is continuously increasing, majorly in the younger populace, resulting in the increasing requirement for such products in the nation. The rising attention to personal grooming is a major reason for boosting the progression of this industry. Both women and men are increasingly becoming more conscious regarding grooming and are putting more effort into enhancing their appearance, majorly on haircare. Moreover, the development of new technology has also assisted the progression of this industry because users are moving toward electric trimmers from razors due to the beards growing trend. Electric trimmers also provide a greater shaving experience and assist in sustaining the beard's shape. Additionally, the increasing concern of the female populace in the country regarding cleanliness and various skincare products personalized to precise skin types, for instance, dry or oily, will generate various opportunities for the players in this industry. In recent years, the cartridge razors category, based on type, led the U.S. razor market. This is because such razors are highly suitable, have faster functioning, are less likely to cause cuts, and are easy to replace. The electric razors category is likely to advance at the highest rate, of approximately 5%, in the years to come. This is mainly attributed to the mounting fondness of consumers in the country for this type of razor, due to its significant of this report: 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

3. benefits over other types, such as lesser overall use expenditure, long lifespan, and easier operation. In the past few years, the mass category, based on segment, held the dominating share in the industry, and it will also propel at a significant compound annual growth rate, in the years to come. This segment mainly consists of straight, safety, and disposable razors, majorly manufactured using economical materials, for instance, injection-molded polycarbonate. Browse the full report at: https://www.psmarketresearch.com/market- analysis/us-razor-market-demand In the past few years, the hypermarkets/supermarkets category, based on distribution channel, accounted for the dominating share of the industry. This is primarily because customers in the nation still tremendously favor doing their shopping in such places, regardless of the arrival of several new alternatives for purchasing products online. It is because of the surging inclination to the subscription-based model, superior disposable income, increase in the concentration on personal grooming, and the existence of prominent companies, the U.S. razor industry will continue to grow in the years to come. The research offers market size of the U.S. razor market for the period 2017–2030. Market Segmentation by Type •Disposable Razors •Electric Razors •Cartridge Razors •Safety Razors •Straight Razors Market Segmentation by Segment •Mass •Standard •Premium Market Segmentation by Distribution Channel 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

4. •Supermarkets/Hypermarkets •Convenience Stores •Department Stores •Online •Others Market Segmentation by Blade Type •Carbon Steel •Stainless Steel Market Segmentation by Consumer •Men •Women 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

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