Eastern Asia: Safety Razor Blade Market 2025

Safety Razor Blade Market Size in Eastern Asia

The East Asian safety razor blade market stood at $X in 2021, increasing by 3.1% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Safety Razor Blade Production in Eastern Asia

In value terms, safety razor blade production fell modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 29%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Safety Razor Blade Exports

Exports in Eastern Asia

Safety razor blade exports stood at X units in 2021, increasing by 13% on 2020. Over the period under review, exports, however, saw a abrupt slump. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, safety razor blade exports surged to $X in 2021. In general, exports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 38%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, China (X units) was the major exporter of safety razor blades, making up 71% of total exports. South Korea (X units) ranks second in terms of the total exports with a 20% share, followed by Japan (4.9%). Hong Kong SAR (X units) took a relatively small share of total exports.

China was also the fastest-growing in terms of the safety razor blades exports, with a CAGR of -1.4% from 2012 to 2021. Japan (-4.4%), South Korea (-7.7%) and Hong Kong SAR (-20.5%) illustrated a downward trend over the same period. China (+22 p.p.) significantly strengthened its position in terms of the total exports, while South Korea and Hong Kong SAR saw its share reduced by -5.2% and -16.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest safety razor blade supplying countries in Eastern Asia were China ($X), South Korea ($X) and Hong Kong SAR ($X), with a combined 91% share of total exports. These countries were followed by Japan, which accounted for a further 8.4%.

Japan, with a CAGR of -0.1%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per unit, picking up by 13% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2015 an increase of 25% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 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 Hong Kong SAR ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+19.1%), while the other leaders experienced more modest paces of growth.

Safety Razor Blade Imports

Imports in Eastern Asia

In 2021, purchases abroad of safety razor blades increased by 9.4% to X units for the first time since 2016, thus ending a four-year declining trend. Overall, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 13%. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, safety razor blade imports rose rapidly to $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable reduction. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units), distantly followed by Japan (X units), South Korea (X units) and Hong Kong SAR (X units) were the key importers of safety razor blades, together committing 98% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of +6.6%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest safety razor blade importing markets in Eastern Asia were China ($X), Japan ($X) and Hong Kong SAR ($X), together comprising 83% of total imports. These countries were followed by South Korea, which accounted for a further 15%.

In terms of the main importing countries, South Korea, with a CAGR of +4.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per unit, surging by 2.6% against the previous year. In general, the import price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2015 when the import price increased by 10%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Hong Kong SAR ($X per unit) and South Korea ($X per unit), while China ($X per unit) and Japan ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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