South Korea Razor Market (2025-2031) | Outlook, Forecast, Industry, Value, Growth, Revenue, Companies, Share, Size, Analysis & Trends

South Korea Razor Market Highlights

Topics Covered in the South Korea Razor Market Report

The South Korea Razor Market report thoroughly covers the market by Segment, Distribution Channel, Blade Type, Consumer, and Type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

South Korea Razor Market Synopsis

The South Korea razor market is expected to experience steady growth due to increasing awareness about personal grooming and hygiene. This has led to a rise in demand for high-quality shaving products. However, the market faces challenges such as competition from alternative hair removal methods. Overall, the market shows promising potential for future growth.

According to 6Wresearch, the South Korea Razor Market size is expected to grow at a significant CAGR of 3% during the forecast period. One of the main drivers of growth in the South Korean razor market is the rising trend of male grooming. With changing societal norms and an increased focus on personal appearance, men are now investing more time and money into grooming themselves. This shift in attitude has resulted in a surge in sales of various grooming products, including razors. Another factor contributing to the growth of the razor market is increasing disposable income among consumers. The rise of social media and influencer culture has also played a role in driving the razor market in South Korea. The popularity of K-beauty influencers has influenced consumer preferences towards using premium grooming tools, including razors.

One major challenge that the market is facing is the increasing competition from electric or battery-operated razors. These newer forms of razors offer convenience and ease of use. Additionally, these types of razors are also perceived as more hygienic compared to traditional manual razors. Another challenge is the strict regulations and standards set by government agencies on personal care products. To ensure safety and quality, the government has stringent testing and approval processes for all grooming products, including razors. This causes delays and adds to the cost.

South Korea Razor Industry: Leading Players

One of the leading players in the razor market in South Korea is Gillette, a subsidiary of Procter & Gamble. The brand offers a wide range of razors and blades for both men and women and has established itself as a trusted and reliable choice among consumers. Another significant player is Schick, owned by Edgewell Personal Care Company. Schick offers innovative designs and advanced technology in their products, catering to various needs and preferences of consumers. Korean company Dorco is also a major player in the market, offering high-quality razors at affordable prices. Other notable players include Wilkinson Sword, Harry's Razor Company, and Feather Safety Razor Co.

South Korea Razor Market: Government Regulations

The razor industry in South Korea is subject to government regulations and initiatives that aim to ensure consumer safety and promote environmental sustainability. The Ministry of Food and Drug Safety regulates the production, import, and distribution of razors in the country, ensuring compliance with safety standards. The Korean Fair Trade Commission also monitors market competition to prevent anti-competitive practices among razor manufacturers. In terms of sustainability, the government has implemented regulations for the recycling and disposal of razor blades to reduce waste generation.

Future Insights of the Market

The razor market in South Korea is expected to continue growing due to factors such as increasing grooming habits among men, rising disposable income, and innovative product offerings from leading players. There has been a growing demand for eco-friendly razors made from sustainable materials, driving the market towards more sustainable practices. The rise of e-commerce and online shopping has also made it easier for consumers to access a wide range of razor products, further contributing to market growth.

Market Segmentation by Type

According to Ravi Bhandari, Research Head, 6Wresearch, the cartridge razors segment is witnessing steady growth due to their convenience and ease of use.

Market Segmentation by Segment

Based on the Segment, the premium segment within the razor market is experiencing the most growth, due to the increasing demand for high-quality and advanced razors.

Market Segmentation by Distribution Channel

In terms of the Distribution Channel, the online sales segment has seen a significant increase in recent years due to the convenience and ease of access it offers to consumers.

Market Segmentation by Blade Type

On the basis of Blade Type, the Stainless steel blades remain the most popular choice among consumers in South Korea, owing to their durability and affordability.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• South Korea Razor Market Outlook
• Market Size of South Korea Razor Market, 2024
• Forecast of South Korea Razor Market, 2031
• Historical Data and Forecast of South Korea Razor Revenues & Volume for the Period 2021-2031
• South Korea Razor Market Trend Evolution
• South Korea Razor Market Drivers and Challenges
• South Korea Razor Price Trends
• South Korea Razor Porter's Five Forces
• South Korea Razor Industry Life Cycle
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Cartridge Razors for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Disposable Razors for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Electric Razors for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Straight Razors for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Safety Razors for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Segment for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Mass for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Standard for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Premium for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Distribution Channel for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Supermarkets/Hypermarkets for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Department Stores for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Convenience Stores for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Online for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Blade Type for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Stainless Steel for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Carbon Steel for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Consumer for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Men for the Period 2021-2031
• Historical Data and Forecast of South Korea Razor Market Revenues & Volume By Women for the Period 2021-2031
• South Korea Razor Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Segment
• Market Opportunity Assessment By Distribution Channel
• Market Opportunity Assessment By Blade Type
• Market Opportunity Assessment By Consumer
• South Korea Razor Top Companies Market Share
• South Korea Razor Competitive Benchmarking By Technical and Operational Parameters
• South Korea Razor Company Profiles
• South Korea Razor Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Type

• Cartridge Razors
• Disposable Razors
• Electric Razors
• Straight Razors
• Safety Razors

By Segment

• Mass
• Standard
• Premium

By Distribution Channel

• Supermarkets/Hypermarkets
• Department Stores
• Convenience Stores
• Online

By Blade Type

• Stainless Steel
• Carbon Steel

By Consumer

• Men
• Women