Product Code: ETC302970 | Publication Date: Aug 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 Vietnam Razor Blade Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 14.53% in 2025, climbs to a high of 16.35% in 2027, and moderates to 14.82% by 2029.
The Razor Blade market in Vietnam is projected to grow at a exponential growth rate of 16.35% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Vietnam razor blade market caters to the grooming and personal care needs of consumers. With a growing focus on personal appearance and grooming, the market for razor blades has witnessed sustained demand. Both disposable and reusable razor blades are readily available in the market, providing options for consumers with different preferences and budgets. As lifestyles evolve and personal care becomes increasingly important, the razor blade market is poised for continuous growth.
The Vietnam razor blade market is experiencing growth driven by several factors. Firstly, grooming and personal care have gained importance in the lives of Vietnamese consumers, leading to increased demand for high-quality shaving products, including razor blades. Additionally, the influence of grooming trends and fashion styles from around the world has spurred the adoption of grooming routines that require reliable shaving tools. Furthermore, the expansion of e-commerce platforms and the availability of a wide range of grooming products online have made it easier for consumers to access razor blades, contributing to market growth. The market is also witnessing innovation in razor blade technology, which appeals to consumers seeking a superior shaving experience.
The Vietnam razor blade market faces its own share of challenges. One significant issue is the competition from low-cost, generic razor blades, which can put pressure on the prices of branded razor blades and affect profit margins. Maintaining product quality and ensuring the sharpness and safety of razor blades is crucial to prevent customer dissatisfaction and accidents. Razor blade manufacturers also need to keep pace with changing grooming and personal care trends, which can require adjustments to product designs and features. Distribution and retailing challenges include effective shelf placement and marketing strategies to capture consumer attention in a crowded market. Lastly, addressing sustainability concerns and the environmental impact of disposable razor blades is an emerging challenge, as consumers seek more eco-friendly shaving alternatives.
The razor blade market in Vietnam experienced fluctuations during the pandemic. With lockdowns and restrictions affecting personal grooming routines, there was a temporary decline in the demand for razor blades, particularly in the hospitality sector. Consumers turned to alternatives like electric shavers or embraced a more natural look. However, as restrictions eased and social activities resumed, the razor blade market witnessed a gradual recovery, with consumers returning to their grooming habits.
For the Vietnam razor blade market, leaders include Gillette (a brand of Procter & Gamble), Schick (a brand of Edgewell Personal Care), and BIC.
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 Vietnam Razor Blade Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Razor Blade Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Razor Blade Market - Industry Life Cycle |
3.4 Vietnam Razor Blade Market - Porter's Five Forces |
3.5 Vietnam Razor Blade Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Razor Blade Market Revenues & Volume Share, By Blade Material, 2021 & 2031F |
3.7 Vietnam Razor Blade Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Vietnam Razor Blade Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Razor Blade Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Vietnam |
4.2.2 Growing urban population leading to higher demand for grooming products |
4.2.3 Rising awareness about personal grooming and hygiene among Vietnamese consumers |
4.3 Market Restraints |
4.3.1 Intense competition from established razor blade brands in the market |
4.3.2 Price sensitivity of consumers in Vietnam |
4.3.3 Challenges in distribution and retail network in certain regions of Vietnam |
5 Vietnam Razor Blade Market Trends |
6 Vietnam Razor Blade Market, By Types |
6.1 Vietnam Razor Blade Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Razor Blade Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Razor Blade Market Revenues & Volume, By Single Edge, 2021-2031F |
6.1.4 Vietnam Razor Blade Market Revenues & Volume, By Double Edge, 2021-2031F |
6.2 Vietnam Razor Blade Market, By Blade Material |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Razor Blade Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.2.3 Vietnam Razor Blade Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.3 Vietnam Razor Blade Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Razor Blade Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 Vietnam Razor Blade Market Revenues & Volume, By Women, 2021-2031F |
6.4 Vietnam Razor Blade Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Razor Blade Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.4.3 Vietnam Razor Blade Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.4.4 Vietnam Razor Blade Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.4.5 Vietnam Razor Blade Market Revenues & Volume, By Online, 2021-2031F |
7 Vietnam Razor Blade Market Import-Export Trade Statistics |
7.1 Vietnam Razor Blade Market Export to Major Countries |
7.2 Vietnam Razor Blade Market Imports from Major Countries |
8 Vietnam Razor Blade Market Key Performance Indicators |
8.1 Average selling price of razor blades in Vietnam |
8.2 Consumer sentiment towards personal grooming products |
8.3 Adoption rate of online sales channels for razor blades in Vietnam |
8.4 Percentage of repeat purchases by customers |
8.5 Number of new product launches and innovations in the razor blade market in Vietnam |
9 Vietnam Razor Blade Market - Opportunity Assessment |
9.1 Vietnam Razor Blade Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Razor Blade Market Opportunity Assessment, By Blade Material, 2021 & 2031F |
9.3 Vietnam Razor Blade Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Vietnam Razor Blade Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Razor Blade Market - Competitive Landscape |
10.1 Vietnam Razor Blade Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Razor Blade Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |