U.S. Razor Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging TechnologiesSeptember 22, 2023 ⚊ 1 Min read ⚊ Views 19 ⚊ NEWS
From $2,753.4 million in 2021, the U.S. razor market size is expected to reach $3,001.9 million by 2030, progressing at a CAGR of 0.96% during 2021–2030. This is attributed to the presence of eminent manufacturers in the country. Gillette, owned by The Procter & Gamble Company, is a leading brand that has dominated the razor industry in the country. Moreover, interest in shaving and male grooming to improve physical allure is expected to rise in the coming years, predominantly driven by the younger population, which, in turn, will drive the market growth.