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Women Face Razor Market Size
- Report ID: GMI8810
- Published Date: Apr 2024
- Report Format: PDF
Women Face Razor Market Size
Women Face Razor Market size was valued at USD 1.9b billion in 2023 and is anticipated to register a CAGR of 5.2% between 2024 to 2032. The rise in the number of working women and their increasing purchasing power has been a major driving force behind this growth.
According to the U.S. Bureau of Labor Statistics, the workforce participation rate for women in their prime working age hit an all-time high in June 2023, reaching 77.8%. As per the statistical office of the European Union, in 2022, the European Union employment rate for women at 69.3 %. Among the European Union Member States, the employment rate in 2022 ranged from 82.9 % in the Netherlands to 64.8 % in Italy.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Women Face Razor Market Size in 2023: | USD 1.9 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 5.2% |
| 2032 Value Projection: | USD 2.9 Billion |
| Historical Data for: | 2018 - 2023 |
| No. of Pages: | 190 |
| Tables, Charts & Figures: | 177 |
| Segments covered: | Type, Power Source, Price, Distribution Channel, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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On the other hand, increasing focus on personal hygiene and grooming among women has boosted the sales of women's face razors. Face razors offer a hygienic and safe way to remove facial hair without the risk of infection or irritation. In addition, the rise of e-commerce and the ease of online shopping have also contributed to the growth of the women's face razor market.
Razors have sharp blades that can easily cause small cuts on the skin, leading to irritation and discomfort. In some cases, these cuts can even become infected, causing further health issues. This is especially concerning for women who have sensitive skin or are prone to allergies. Additionally, rise of electric shavers and other hair removal alternatives hamper the demand for women face razor. These alternatives offer a more convenient and pain-free option for hair removal, which is appealing to many women.
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Women Face Razor Market Scope
