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Production Of Razor Blade (double Edge) | |
| Production of Razor Blade (Double Edge). Global Men's Grooming Market is estimated to be worth about 29.14 billion U.S. Dollars A razor blade is a blade used in a razor, typically a flat piece of metal with a sharp edge or edges used in a safety razor which is used to remove unwanted hair from the face or body. A razor is a bladed tool primarily used in the removal of unwanted body hair through the act of shaving. Kinds of razors include straight razors, disposable razor; the double-edged safety razor is a razor with a slant bar that can be used on both sides, with two open edges. The blade on the double-edged safety razor is slightly curved to allow for a smoother and cleaner shave. Indian men's grooming market will grow at a CAGR of 22% by 2020. This growth is mainly due to the rising need to look well groomed, increasing per capita income, and rapid urbanization. The demand for men's grooming market has seen a rise in the last few years because of increased consciousness of their looks among the male customer. Also as more than 50% of the population is under the age group of 30, the industry has huge local market. Moreover, rising urban middle class population, and improved distribution channels in tier II and tier III cities, are also expected to stimulate growth in the market through 2020. Men's grooming product can be divided into Bath & Shower products, Hair Care, Skin Care, Deodorants and Shaving products. Shaving products currently control the largest market share in terms of revenue in Indian men's grooming market. Indian shaving products market is expected to grow at a CAGR of 20% till 2020 and maintain its market share position even in 2020. India exported US$ 45.71 million worth of safety razor blades and the overall exported quantity was 4 million Kgs. in FY 2014-15. UAE, Singapore, Ghana, Nepal and Sudan were the top five nations importing Indian safety razor blades in 2014-15. India imported US$ 41.35 million worth of safety razor blades and the overall imported quantity was 1.30 million kgs. In FY 2014-15. Germany, China, Poland, Egypt and Mexico were the top five nations exporting safety razor blades to India in 2014-15. Indian men personal care market is moving beyond basic shaving products and demand for beard and skincare products is increasing among male consumers, said a few e-commerce companies today. "The men’s grooming market is going through a surge. The global Disposable Razor Blades Market valuation is expected to rise by 2025. The changing fashion trends and increasing emphasis on external appearances are expected to drive market demand from 2017 to 2025. Advances in razors and blades coupled with rising demand for female shaving products can bolster market growth from 2013 to 2025 (forecast period). Manufacturers in the industry are introducing blades with environment-friendly materials in order to provide a smooth shave. Blades are designed to be more flexible to cater to the contours of faces of men. Rise in disposable incomes of consumers and developments in blades can augur the market for disposable razor blades during the forecast period. Men’s grooming is expected to grow at a CAGR of 5% at constant 2016 prices over the forecast period, with sales set to reach INR105.5 billion in 2021. The expected continued strong performance of the Indian economy over the forecast period will help drive consumer income levels and spending. Consumers with increased disposable incomes over the forecast period are expected to shift from traditional blades to disposable razors and system razor sets. The worldwide disposable razor blades market is segmented by product, end user, and region. By products, the market is divided into single and double edge razor blades. End user segments in the market are categorized into male and female. Tags How to Start a Razor Blade Manufacturing Company, Double Edge Razor Blades, How Safety Razor is made, Shaving Razor Blade Manufacturing Project, Safety Razor Blades Industry, Razor Blade Production, Razor Blade Manufacturing Cost, Disposable Razor Manufacturing Process, Shaving Blade Manufacturing, Shaving Blade Manufacturing Plant, Shaving Blade Manufacture in India, Razor Blades Manufacture, Safety Double Edge Razor Blade Plan, Razor Blade Making, Manufacturing of Razor Blade, Razor Blade Company, Safety Razor, Disposable Razor Blades, Razor Blade Manufacturing Plant, How Double Edged Razor Blades are made? 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| Working capital: - | T.C.I: - |
| Return: 1.00% | Break even: N/A |
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