Market Insights Consumer Beauty & Personal Care Personal Care

Shaving - Myanmar

Myanmar

In Myanmar, the revenue generated in the Shaving market is estimated to reach €192.50m in 2024.
It is projected to experience an annual growth rate of 2.80% (CAGR 2024-2029).
Comparing it on a global scale, in China leads the market with a revenue of €5,853m in 2024.
When considering the population, the per person revenue in Myanmar is calculated to be €3.50 in 2024.
Myanmar's traditional shaving methods using a straight razor are gaining popularity among younger generations seeking a more authentic grooming experience.

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

Marché

Région

Comparaison de régions

Monnaie

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.