Global Beauty and Barber Blade Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Single Edge Blades, Double Edge Blades, Straight Razors, and Others), By End-user (Salons, Barber Shops, and Individual Consumers), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: Consumer GoodsGlobal Beauty and Barber Blade Market Insights Forecasts to 2033
- The Global Beauty and Barber Blade Market Size was estimated at USD 2.95 Billion in 2023
- The Market Size is Expected to Grow at a CAGR of around 4.94% from 2023 to 2033
- The Worldwide Beauty and Barber Blade Market Size is Expected to Reach USD 4.78 Billion by 2033
- Asia Pacific is expected to grow the fastest during the forecast period.
Get more details on this report -
The Global Beauty and Barber Blade Market Size is expected to cross USD 4.78 Billion by 2033, growing at a CAGR of 4.94% from 2023 to 2033. The increasing demand for personal care and grooming products has driven the beauty and barber blade market.
Market Overview
The global market for barbers and beauty blades comprises businesses that produce razors and blades for shaving the head, face, and body. In addition, nose and eyebrow hair trimmers are available on the market. The beauty and barber blade market is mostly driven by several primary factors, such as the rising focus on self-care and personal grooming across various age groups. Premium blade demand is being driven by customers' need for high-precision grooming products as they become more conscious of the significance of keeping a well-groomed appearance. The market has expanded significantly because of technological developments, with products such as skin-friendly, long-lasting, and sharper blades improving consumers' experience broadly. These developments create high-quality blades that are more widely available by serving the increasing home grooming market as well as professional barber services.
Also, governments aid in the expansion of the beauty and barber blade markets; for instance, the Indian government offers schemes for barbers such as “PM Vishwakarma.” These schemes improve productivity and product quality, and this program will help recipients in the unorganized sector modernize their equipment, improve their operations, and upgrade their companies. In addition, these schemes provide a toolkit of necessary tools and equipment for barbers.
Report Coverage
This research report categorizes the beauty and barber blade market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the excavator bucket market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the beauty and barber blade market.
Global Beauty and Barber Blade Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 2.95 Billion |
Forecast Period: | 2023 – 2033 |
Forecast Period CAGR 2023 – 2033 : | 4.94% |
023 – 2033 Value Projection: | USD 4.78 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 243 |
Tables, Charts & Figures: | 130 |
Segments covered: | By Product Type, By End-user, By Distribution Channel and By Region |
Companies covered:: | Malhotra Shaving Products Ltd. Vertice Global Ptd Ltd. Bic Supermax Astra Derby Personna Schick Shark Lord Wilkinson Sword Feather Rapira Gillette Others |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
Growing disposable incomes and changing lifestyle choices have increased the need for grooming products. Furthermore, the increasing demand for beauty and barber blades is the expansion of the market's reach due to the rise of e-commerce platforms and the impact of digital marketing, which allows customers to conveniently purchase a variety of grooming products. The market expansion due to manufacturers are spending funds on R&D to produce blades with exceptional durability, skin friendliness, and sharpness. In addition to satisfying the needs of professional barbers, these advancements also serve the expanding at-home grooming industry. Also, the market attributed to the increased focus on lifestyle, health, and well-being around the world, the number of spas, salons, and medispas that provide specialized services beyond standard hair and beauty procedures has increased dramatically.
Additionally, the market drives owing to the availability of a wide range of reasonably priced, superior grooming goods via current commercial channels such as online platforms (amazon, Flipkart, and others) and direct-to-consumer firms have further stimulated this self-care culture.
Restraining Factors
Market expansion is hampered by high prices among sellers and the prevalence of imitation products. The beauty and barber blade market is restricted because of the fierce competition between new and existing businesses in another factor. The growing price of raw materials, such as stainless steel and other premium metals utilized in the production of blades, is another major market obstacle.
Market Segmentation
The beauty and barber blade market share is classified into product type, end-user, and distribution channels.
- The double-edge blades segment held the largest share in 2023 and is estimated to grow at a CAGR of 4.74% throughout the projection period.
Based on the product type, the global beauty and barber blade market is categorized into single-edge blades, double-edge blades, straight razors, and others. Among these, the double-edge blades segment held the largest share in 2023 and is estimated to grow at a CAGR of 4.74% throughout the projection period. The segment expansion is due to their adequate cost savings on disposable razors; double-edge razor blades are a popular choice for people on a tight budget. The fact that reusable safety razors are available further enhances this cost-profit. Also, segment drive due to its less harmful effects on the environment, double-edge razor blades have become more popular. This conforms to environmental concerns.
- The barber shops segment accounted for the largest market share in 2023 and is estimated to grow at a CAGR of 4.80% throughout the projection period.
Based on the end-user, the global beauty and barber blade market is classified into salons, barber shops, and individual consumers. Among these, the barber shops segment accounted for the largest market share in 2023 and is estimated to grow at a CAGR of 4.80% throughout the projection period. This segment is attributed to the increasing demand for professional-grade equipment. The demand for professional grooming services has increased as men's knowledge, and personal hygiene and grooming have been noted. Also, the segment drives because of appeal to a comprehensive customer, the barber shop has begun to provide various types of state-of-the-art services, such as hair coloring, scalp treatment, and skincare services.
- The online stores segment dominated the global beauty and barber blade market share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the global beauty and barber blade market is divided into supermarkets & hypermarkets, specialty stores, convenience stores, online stores, and others. Among these, the online stores segment dominated the global beauty and barber blade market share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This segment is attributed to the ease and accessibility of online purchasing, which was the primary factor for this increase. Consumers are increasingly preferring to purchase beauty and barber blades from online stores because of the wide selection of products, affordable prices, and convenient home delivery. Also, the segment is dominated by online stores, which reflects the continued tendency of consumers to shop on online platforms.
Regional Segment Analysis of the Beauty and Barber Blade Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the beauty and barber blade market over the predicted timeframe.
Get more details on this report -
North America is anticipated to hold the largest share of the beauty and barber blade market over the predicted timeframe. The region’s dominance is driven by the strong demand for high-end grooming products and the established beauty and personal care industry. The region is attributed because the largest contributor is the United States, which has a sizable customer base that values grooming as part of their daily routine and a robust professional barbering industry. Additionally, the market is being supported by the growing popularity of at-home grooming kits, which are being driven by changes in lifestyle and the impact of social media. North America's market position is further strengthened by the existence of numerous specialty merchants and well-known international brands.
Asia Pacific is expected to grow at the fastest CAGR growth of the beauty and barber blade market during the forecast period. The region's beauty and barber blade market expanded because, in nations such as China, India, and Japan, the demand for improved products is increasing due to the increasing middle-class population and rapid urbanization. Consumers are spending more on high-end -grooming products because their disposable income increases, and they are adopting the practices of rapidly Western grooming. Also supporting the strong expansion of the market is the increasing demand for professional barber services, especially in cities. Another important factor contributing to the increased product access to the region is the growth of online retail platforms.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the beauty and barber blade market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Malhotra Shaving Products Ltd.
- Vertice Global Ptd Ltd.
- Bic
- Supermax
- Astra
- Derby
- Personna
- Schick
- Shark
- Lord
- Wilkinson Sword
- Feather
- Rapira
- Gillette
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In October 2024, the F32 Fadeout Blade, the first adjustable balding blade in the industry, was introduced by Wahl Professional. When combined with a powerful motor, it enables barbers to effortlessly switch from bald to fade, providing quick accuracy and strong cuts.
- In August 2024, Wahl Professional unveiled the Kuno Clipper, designed with innovative blade technology and a compact, lightweight design. It caters to stylists seeking detail-oriented tools, combining refined materials for a soft touch with advanced performance.
- In February 2024, Andis Company released the eMERGE™ Clipper, featuring a powerful motor and a detachable blade system compatible with all Andis’ ultraEDGE® and ceramicEDGE® blades. This clipper offers professionals unparalleled versatility, cordless/cordless freedom, and powerful performance, making high-volume clipper cutting more efficient.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the beauty and barber blade market based on the below-mentioned segments:
Global Beauty and Barber Blade Market, By Product Type
- Single Edge Blades
- Double Edge Blades
- Straight Razors
- Others
Global Beauty and Barber Blade Market, By End-user
- Salons
- Barber Shops
- Individual Consumers
Global Beauty and Barber Blade Market, By Distribution Channel
- Supermarkets & Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
- Others
Global Beauty and Barber Blade Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
-
1. What is the CAGR of the beauty and barber blade market over the forecast period?The beauty and barber blade market is projected to expand at a CAGR of 4.94% during the forecast period.
-
2. What is the market size of the beauty and barber blade market?The Global Beauty and Barber Blade Market Size is Expected to Grow from USD 2.95 Billion in 2023 to USD 4.78 Billion by 2033, at a CAGR of 4.94% during the forecast period 2023-2033.
-
3. Which region holds the largest share of the beauty and barber blade market?North America is anticipated to hold the largest share of the beauty and barber blade market over the predicted timeframe.
Need help to buy this report?