2014-01-28 10:40:03 - Global Wet Shave Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global Wet Shave market is to grow at a CAGR of 6.88 percent over the period 2012-2016. The need for a smoother and closer shave is one of the key factors contributing to the market growth. The Global Wet Shave market has also been witnessing the introduction of battery-operated electric razors. However, replacement cartridges are expensive and this could pose a challenge to the growth of this market.
One of the key trends emerging in the Global Wet Shave market is the availability and demand for battery-operated razors. Battery-operated razors offer the dual advantage of a shaving and grooming device. It has a disposable blade and a battery-operated trimmer, which can be used to trim the beard. This razor can
be used both for clean shaving and styling purposes. The introductions of hybrid razors with dual advantages are expected to have a positive impact on the market, thereby contributing to the market growth during the forecast period.
One of the main drivers in this market is the smooth and closer shave achieved by wet shaving. With the introduction of multi-blade razors with lubricant stripes for a smoother shaving experience, the market is witnessing a huge demand for the latest cartridges and disposable razors.
One of the main challenges in this market is the high replacement cost of razor cartridges. With the evolving technology and the need for better grooming products, razor manufacturers are launching razors with more number of blades and lubricant stripes for smooth shaving, thereby increasing the cost of the product.
The key vendors dominating this space include Energizer Holdings Inc., Procter & Gamble Company, and SociÃ©tÃ© Bic SA. The other vendors mentioned are Edwin Jagger, Feather Safety Razor Co., Personna American Safety Razor Co., and Weber Razor LLC.
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