Product Code: ETC427285 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines Razor Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 6.95% in 2025, the growth rate steadily ascends to 13.15% in 2029.
Philippines's Razor market is anticipated to experience a high growth rate of 11.39% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
In the Philippines razor market, a blend of traditional and modern preferences is evident. While disposable razors and cartridges remain popular due to their convenience, there`s also a notable market for straight razors and safety razors among enthusiasts who value the precision and sustainability they offer. The market is marked by a focus on not just functionality but also aesthetics and comfort during grooming routines.
The Philippines` razor market is being driven by shifting grooming trends and an increasing focus on personal grooming and hygiene. The grooming habits of both men and women are evolving, with a growing preference for shaving and grooming products that offer precision, comfort, and convenience. The rise of e-commerce platforms has also made razors and grooming products more accessible to a wider audience, further contributing to market growth. Additionally, the influence of grooming and beauty trends in the media is encouraging individuals to invest in quality shaving solutions.
The Philippines razor market faces certain challenges that impact its growth potential. Intense competition from established brands and alternative hair removal methods could hinder market expansion. Maintaining a balance between product innovation, pricing, and meeting consumer preferences is vital for market players. Additionally, addressing concerns about skin sensitivity and environmental sustainability could influence consumer choices.
The Philippines` razor market underwent shifts in consumption patterns during the Covid-19 pandemic. With remote work arrangements and reduced social activities, the demand for grooming products experienced fluctuations. As workplaces and social engagements gradually resume, the razor market is expected to regain its momentum. Adapting to changing consumer behaviors and preferences will be pivotal in navigating the evolving market landscape.
The key players in the Philippine razor market are Gillette Co., Schick Inc., Supermax Personal Care Sdn Bhd, Wilkinson Sword GmbH & Co KG and Venus Razors India Private Limited (VRI). These companies produce various types of razors such as disposable razors, electric razors, safety razors etc for both men?s and women?s grooming needs.
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 Philippines Razor Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Razor Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Razor Market - Industry Life Cycle |
3.4 Philippines Razor Market - Porter's Five Forces |
3.5 Philippines Razor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Razor Market Revenues & Volume Share, By Segment, 2021 & 2031F |
3.7 Philippines Razor Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Philippines Razor Market Revenues & Volume Share, By Blade Type, 2021 & 2031F |
3.9 Philippines Razor Market Revenues & Volume Share, By Consumer, 2021 & 2031F |
4 Philippines Razor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on personal grooming and hygiene among the population in the Philippines |
4.2.2 Growing disposable income leading to higher spending on grooming products |
4.2.3 Rising awareness about grooming trends and styles in the country |
4.3 Market Restraints |
4.3.1 Competition from alternative hair removal methods such as waxing and laser treatments |
4.3.2 Economic uncertainties impacting consumer spending on non-essential items |
4.3.3 Cultural preferences favoring traditional methods of hair removal over the use of razors |
5 Philippines Razor Market Trends |
6 Philippines Razor Market, By Types |
6.1 Philippines Razor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Razor Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Razor Market Revenues & Volume, By Cartridge Razors, 2021-2031F |
6.1.4 Philippines Razor Market Revenues & Volume, By Disposable Razors, 2021-2031F |
6.1.5 Philippines Razor Market Revenues & Volume, By Electric Razors, 2021-2031F |
6.1.6 Philippines Razor Market Revenues & Volume, By Straight Razors, 2021-2031F |
6.1.7 Philippines Razor Market Revenues & Volume, By Safety Razors, 2021-2031F |
6.2 Philippines Razor Market, By Segment |
6.2.1 Overview and Analysis |
6.2.2 Philippines Razor Market Revenues & Volume, By Mass, 2021-2031F |
6.2.3 Philippines Razor Market Revenues & Volume, By Standard, 2021-2031F |
6.2.4 Philippines Razor Market Revenues & Volume, By Premium, 2021-2031F |
6.3 Philippines Razor Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Razor Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.3 Philippines Razor Market Revenues & Volume, By Department Stores, 2021-2031F |
6.3.4 Philippines Razor Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.5 Philippines Razor Market Revenues & Volume, By Online, 2021-2031F |
6.4 Philippines Razor Market, By Blade Type |
6.4.1 Overview and Analysis |
6.4.2 Philippines Razor Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.4.3 Philippines Razor Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.5 Philippines Razor Market, By Consumer |
6.5.1 Overview and Analysis |
6.5.2 Philippines Razor Market Revenues & Volume, By Men, 2021-2031F |
6.5.3 Philippines Razor Market Revenues & Volume, By Women, 2021-2031F |
7 Philippines Razor Market Import-Export Trade Statistics |
7.1 Philippines Razor Market Export to Major Countries |
7.2 Philippines Razor Market Imports from Major Countries |
8 Philippines Razor Market Key Performance Indicators |
8.1 Average frequency of razor purchases per consumer |
8.2 Number of new entrants or innovations in the razor market |
8.3 Percentage of population using razors as their primary hair removal method |
9 Philippines Razor Market - Opportunity Assessment |
9.1 Philippines Razor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Razor Market Opportunity Assessment, By Segment, 2021 & 2031F |
9.3 Philippines Razor Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Philippines Razor Market Opportunity Assessment, By Blade Type, 2021 & 2031F |
9.5 Philippines Razor Market Opportunity Assessment, By Consumer, 2021 & 2031F |
10 Philippines Razor Market - Competitive Landscape |
10.1 Philippines Razor Market Revenue Share, By Companies, 2024 |
10.2 Philippines Razor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |