Market Insights Consumer Beauty & Personal Care Personal Care

Shaving - United States

United States

The Shaving market in the United States generated revenue of US$4.08bn in 2024.
It is projected to grow annually by 1.43% (CAGR 2024-2029).
In comparison to other countries, in China leads in revenue generation, with US$6,378m in 2024.
When considering the total population, per person revenues of US$11.92 were generated in 2024.
"In the United States, the trend towards eco-friendly shaving products is on the rise, with consumers increasingly opting for sustainable alternatives such as bamboo razors and refillable blades."

Key regions: Canada, Indonesia, United States, United Kingdom, Singapore

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.