According to a market report by Lucintel, the future of the razor market in the US looks promising with opportunities in the offline and online retail market. The major drivers for this market are growing awareness among consumers related to personal hygiene, rising focus on men’s grooming, and technically advanced electric razor that are easy to use and durable.
In this market, cartridge, disposable, and electric razors are used by men and women. Cartridge razor is expected to remain the largest segment due to its ease of use, economical, and considered safe for all types of skin.
The segment of women’s razor is expected to witness the highest growth over the forecast period due to growing concern towards beauty consciousness and changing fashion trends.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the razor market in the US by product type, end user, and distribution channel and has compiled a comprehensive research report titled “Growth Opportunities for the Razor Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the razor market in the US by product type, end user and distribution channel as follows:
By Product Type [$ Million Shipment Analysis from 2015 to 2026]:
Cartridge
Disposable
Electric
By End User [$ Million Shipment Analysis 2015 to 2026]:
By Distribution Channel [$ Million Shipment Analysis from 2015 to 2026]:
This more than 50-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link www.lucintel.com/United-States/opportunities-for-the-razor.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.