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Slide of the month - Razor blade market Africa

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Marc Zander
Marc Zander

Razor blade imports to Africa have grown over 10% annually over the past 5 years, with opportunities existing in the African grooming market. Data from the top 5 importing countries - South Africa, Nigeria, Algeria, Morocco, Egypt - shows razor blade imports increasing from 71.25 million euros in 2009 to 119.55 million euros in 2014.

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Slide of the month January 2016 Over 10% annual growth for razor blades in Africa. Various opportunities exist in the African grooming market. 23/03/2016 © africon GmbH 2016 1 71,25 84,372 85,537 102,638 106,082 119,557 0 20 40 60 80 100 120 140 2009 2010 2011 2012 2013 2014 Import of top 5 countries* in Africa over 5 years (in mio. Euro) mio € CAGR +10,91% Top 5 countries: South Africa, Nigeria, Algeria, Morocco, Egypt Source:Unctad(2016)

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Slide of the month - Razor blade market Africa

  • 1. Slide of the month January 2016 Over 10% annual growth for razor blades in Africa. Various opportunities exist in the African grooming market. 23/03/2016 © africon GmbH 2016 1 71,25 84,372 85,537 102,638 106,082 119,557 0 20 40 60 80 100 120 140 2009 2010 2011 2012 2013 2014 Import of top 5 countries* in Africa over 5 years (in mio. Euro) mio € CAGR +10,91% Top 5 countries: South Africa, Nigeria, Algeria, Morocco, Egypt Source:Unctad(2016)