| Product Code: ETC5395041 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
El Salvador`s razor import market continues to experience strong growth, with a high Herfindahl-Hirschman Index indicating market concentration among top exporters. The top countries exporting razors to El Salvador in 2024 are Mexico, France, Greece, China, and Brazil. The impressive Compound Annual Growth Rate (CAGR) of 9.0% from 2020 to 2024 highlights sustained market expansion. Furthermore, the remarkable growth rate of 42.29% from 2023 to 2024 suggests a significant uptick in demand for razors in El Salvador, presenting opportunities for both domestic and international razor manufacturers to capitalize on this trend.

The Razor market in El Salvador is projected to grow at a growing growth rate of 8.45% by 2027, highlighting the country's increasing focus on advanced technologies within the Latin America region, where Brazil holds the dominant position, followed closely by Mexico, Argentina, Colombia and Chile, shaping overall regional demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador Razor Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Razor Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Razor Market - Industry Life Cycle |
3.4 El Salvador Razor Market - Porter's Five Forces |
3.5 El Salvador Razor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 El Salvador Razor Market Revenues & Volume Share, By Segment, 2021 & 2031F |
3.7 El Salvador Razor Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 El Salvador Razor Market Revenues & Volume Share, By Blade Type, 2021 & 2031F |
3.9 El Salvador Razor Market Revenues & Volume Share, By Consumer, 2021 & 2031F |
4 El Salvador Razor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in El Salvador, leading to higher purchasing power for razors. |
4.2.2 Growing awareness about personal grooming and hygiene among the population. |
4.2.3 Rise in urbanization and adoption of Western grooming trends in El Salvador. |
4.3 Market Restraints |
4.3.1 Price sensitivity among consumers in El Salvador impacting their willingness to pay for premium razor products. |
4.3.2 Competition from alternative hair removal methods such as waxing or electric shavers. |
4.3.3 Limited distribution channels and access to razors in rural areas of El Salvador. |
5 El Salvador Razor Market Trends |
6 El Salvador Razor Market Segmentations |
6.1 El Salvador Razor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Razor Market Revenues & Volume, By Cartridge Razors, 2021-2031F |
6.1.3 El Salvador Razor Market Revenues & Volume, By Disposable Razors, 2021-2031F |
6.1.4 El Salvador Razor Market Revenues & Volume, By Electric Razors, 2021-2031F |
6.1.5 El Salvador Razor Market Revenues & Volume, By Straight Razors, 2021-2031F |
6.1.6 El Salvador Razor Market Revenues & Volume, By Safety Razors, 2021-2031F |
6.2 El Salvador Razor Market, By Segment |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Razor Market Revenues & Volume, By Mass, 2021-2031F |
6.2.3 El Salvador Razor Market Revenues & Volume, By Standard, 2021-2031F |
6.2.4 El Salvador Razor Market Revenues & Volume, By Premium, 2021-2031F |
6.3 El Salvador Razor Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Razor Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.3 El Salvador Razor Market Revenues & Volume, By Department Stores, 2021-2031F |
6.3.4 El Salvador Razor Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.5 El Salvador Razor Market Revenues & Volume, By Online, 2021-2031F |
6.4 El Salvador Razor Market, By Blade Type |
6.4.1 Overview and Analysis |
6.4.2 El Salvador Razor Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.4.3 El Salvador Razor Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.5 El Salvador Razor Market, By Consumer |
6.5.1 Overview and Analysis |
6.5.2 El Salvador Razor Market Revenues & Volume, By Men, 2021-2031F |
6.5.3 El Salvador Razor Market Revenues & Volume, By Women, 2021-2031F |
7 El Salvador Razor Market Import-Export Trade Statistics |
7.1 El Salvador Razor Market Export to Major Countries |
7.2 El Salvador Razor Market Imports from Major Countries |
8 El Salvador Razor Market Key Performance Indicators |
8.1 Average spending per capita on razors and related grooming products in El Salvador. |
8.2 Percentage of population using razors as their primary hair removal method. |
8.3 Growth rate of online sales of razors in El Salvador. |
8.4 Number of new product launches and innovations in the El Salvador razor market. |
8.5 Customer satisfaction and retention rates for razor brands in El Salvador. |
9 El Salvador Razor Market - Opportunity Assessment |
9.1 El Salvador Razor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 El Salvador Razor Market Opportunity Assessment, By Segment, 2021 & 2031F |
9.3 El Salvador Razor Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 El Salvador Razor Market Opportunity Assessment, By Blade Type, 2021 & 2031F |
9.5 El Salvador Razor Market Opportunity Assessment, By Consumer, 2021 & 2031F |
10 El Salvador Razor Market - Competitive Landscape |
10.1 El Salvador Razor Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Razor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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