Global Wet Shave Market Report and Forecast 2024-2032
Market Report I 2023-12-11 I 220 Pages I EMR Inc.
Global Wet Shave Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global wet shave market grew substantially in 2023. Aided by the re-emergence of traditional shaving practices and the widespread appeal for a closer and more luxurious shaving experience, the market is projected to further grow at a CAGR of 9% between 2024 and 2032.
Wet shaving, a time-honoured method, involves the use of water, a quality shaving brush, shaving soap or cream, and a safety or straight razor. This technique, contrary to dry shaving with electric razors, offers a closer and smoother shave, minimising the risk of skin irritations, razor burns, and ingrown hairs. The ritualistic nature of wet shaving also appeals to those who appreciate the art of grooming, transforming a mundane chore into a meditative and indulgent experience.
The global wet shave market growth can be attributed to various driving factors. One primary factor is the ever-growing consumer desire for sustainable and eco-friendly products. Traditional wet shaving methods use products that are typically more environmentally friendly than disposable razors and cartridges, leading to less waste. Furthermore, with rising awareness about personal grooming and self-care, consumers are leaning towards products and routines that promise superior results and holistic experiences.
In addition to environmental and quality factors, the vintage revival across various sectors, from fashion to interior design, plays a pivotal role in bolstering the wet shave market demand. The classic and timeless appeal of wet shaving tools, such as safety razors, straight razors, and luxurious shaving brushes, not only offer functionality but also serve as statement pieces in one's grooming kit.
Moreover, the cosmetic and grooming industries have acknowledged the potential of the wet shave market, leading to a proliferation of artisanal and premium products. These range from handcrafted shaving brushes made of silvertip badger hair to shaving soaps infused with essential oils, catering to the sophisticated tastes of modern consumers. As wet shaving is often seen as a luxury, it has led to the emergence of niche barbershops offering premium wet shave services, further solidifying its place in the grooming sector.
Furthermore, the wet shave community has grown exponentially, both online and offline. Online forums, YouTube channels, and social media groups dedicated to wet shaving techniques, product reviews, and tutorials have fostered a sense of community and camaraderie among enthusiasts worldwide. This digital evolution has significantly impacted the wet shave market outlook by increasing product awareness and promoting the advantages of a quality wet shave.
Another significant development impacting the wet shave market is the incorporation of technology and innovation. Companies are now harnessing the power of technology to design ergonomic handles, precision blades, and advanced formulations for shaving creams and soaps that ensure a seamless and enjoyable shaving experience. These innovations, while retaining the essence of traditional wet shaving, cater to the needs of the modern consumer.
Market Segmentation
The market can be divided based on gender type, product, distribution channel, and region.
Market Breakup by Gender Type
- Male
- Female
Market Breakup by Product
- Razor Cartridges
- Blades
- Disposable Razors
- Non-disposable Razors
- Shaving Lotions and Creams
- Others
Market Breakup by Distribution Channel
- Hypermarkets
- Supermarkets
- Independent Retailers
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global wet shave market. Some of the major players explored in the report by Expert Market Research are as follows:
- Dollar Shave Club, Inc.
- The Procter & Gamble Company
- Edgewell Personal Care Company
- Edwin Jagger Limited
- Godrej Consumer Products Limited
- D.R. Harris & Co. Ltd
- Taylor of Old Bond Street, Ltd.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Wet Shave Market Analysis
8.1 Key Industry Highlights
8.2 Global Wet Shave Historical Market (2018-2023)
8.3 Global Wet Shave Market Forecast (2024-2032)
8.4 Global Wet Shave Market by Gender Type
8.4.1 Male
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Female
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Wet Shave Market by Product
8.5.1 Razor Cartridges
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Blades
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Disposable Razors
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Non-disposable Razors
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Shaving Lotions and Creams
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Wet Shave Market by Distribution Channel
8.6.1 Hypermarkets
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Supermarkets
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Independent Retailers
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Wet Shave Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Wet Shave Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Wet Shave Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Wet Shave Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Wet Shave Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Wet Shave Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code-330710)
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Price Analysis
17.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Dollar Shave Club, Inc.
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 The Procter & Gamble Company
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Edgewell Personal Care Company
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Edwin Jagger Limited
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Godrej Consumer Products Limited
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 D.R. Harris & Co. Ltd
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Taylor of Old Bond Street, Ltd.
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Wet Shave Market: Key Industry Highlights, 2018 and 2032
2. Global Wet Shave Historical Market: Breakup by Gender Type (USD Million), 2018-2023
3. Global Wet Shave Market Forecast: Breakup by Gender Type (USD Million), 2024-2032
4. Global Wet Shave Historical Market: Breakup by Product (USD Million), 2018-2023
5. Global Wet Shave Market Forecast: Breakup by Product (USD Million), 2024-2032
6. Global Wet Shave Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Global Wet Shave Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Global Wet Shave Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Wet Shave Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Wet Shave Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Wet Shave Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Wet Shave Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Wet Shave Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Wet Shave Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Wet Shave Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Wet Shave Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Wet Shave Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Wet Shave Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Wet Shave Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Major Exporting Countries by Value
21. Major Importing Countries by Value
22. Major Exporting Countries by Volume
23. Major Importing Countries by Volume
24. North America Historical Price Trends and Forecast 2018-2028
25. Europe Historical Price Trends and Forecast 2018-2028
26. Asia Pacific Historical Price Trends and Forecast 2018-2028
27. Latin America Historical Price Trends and Forecast 2018-2028
28. Middle East and Africa Historical Price Trends and Forecast 2018-2028
29. Global Wet Shave Market Structure
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