Asia: Safety Razor Blade Market 2025

Safety Razor Blade Market Size in Asia

In 2021, the Asian safety razor blade market increased by 13% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Safety Razor Blade Production in Asia

In value terms, safety razor blade production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the production volume increased by 13%. Over the period under review, production reached the peak level at $X in 2020, and then declined slightly in the following year.

Safety Razor Blade Exports

Exports in Asia

In 2021, shipments abroad of safety razor blades was finally on the rise to reach X units after two years of decline. Over the period under review, exports, however, showed a slight setback. The growth pace was the most rapid in 2017 with an increase of 13% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, safety razor blade exports expanded notably to $X in 2021. The total export value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2017 with an increase of 16% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from India (X units), China (X units) and Vietnam (X units), together resulting at 70% of total export. It was distantly followed by Turkey (X units), the United Arab Emirates (X units) and South Korea (X units), together creating a 23% share of total exports. Singapore (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Vietnam (with a CAGR of +41.5%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest safety razor blade supplying countries in Asia were China ($X), Vietnam ($X) and India ($X), with a combined 52% share of total exports.

Among the main exporting countries, Vietnam, with a CAGR of +46.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Asia amounted to $X per unit, picking up by 4.6% against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2013 an increase of 10% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the United Arab Emirates (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+7.4%), while the other leaders experienced more modest paces of growth.

Safety Razor Blade Imports

Imports in Asia

Safety razor blade imports soared to X units in 2021, with an increase of 22% compared with the previous year's figure. Overall, imports, however, showed a noticeable decrease. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, safety razor blade imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a slight reduction. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of safety razor blade imports in 2021 were the United Arab Emirates (X units), China (X units), Turkey (X units), Vietnam (X units), Nepal (X units), Japan (X units) and India (X units), together accounting for 65% of total import. South Korea (X units), Thailand (X units), Singapore (X units), Hong Kong SAR (X units), Bangladesh (X units) and Iraq (X units) held a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Bangladesh (with a CAGR of +43.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 38% of total imports. These countries were followed by the United Arab Emirates, Turkey, India, Hong Kong SAR, South Korea, Singapore, Iraq, Nepal, Thailand and Bangladesh, which together accounted for a further 47%.

Bangladesh, with a CAGR of +14.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per unit in 2021, picking up by 2.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2013 when the import price increased by 18%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while Nepal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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