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Most Profitable Industry Of Disposable Safety Razors | |
| The double-edged safety razor has two open edges and a slant bar that can be used on both sides. The double-edged safety razor's blade is slightly bent to provide a smoother, cleaner shave. With only a single blade and a plastic grip, the disposable razor quickly became a practical tool for innumerable men who loved the idea that they could get a short shave even safer than using a safety razor. The skin is less irritated while using a safety razor. Because it only has one blade, there aren't many opportunities to cut skin—unless you're particularly clumsy, of course. A safety razor also gives you greater dexterity than a disposable cartridge razor. The safety razor's design allows for minor angle modifications, which improves the quality of the shave. The basic design of disposable razors has evolved enough that they now come in blade cartridges, which effectively contain blades, under the notion that the more blades a razor has, the better shave it can deliver. 1. Cost Effective: While purchasing a double edged razor may appear to be costly at first, it is really cost effective in the long run when considering that the only thing you will need to purchase are the blades, which are actually less expensive than cartridge blades. 2. Balance: Because of the pivot, this razor maintains a steady viewpoint while shaving, making it the best because it is easier and faster to use. This is the most appealing element of it. 3. Convenience: While most people prefer to go the modern route, those who have chosen this old method of shaving have found it to be cost-effective and simple to use. 4. Time Management: If you value your time, it's time to ditch those pricey cartridges and embrace a double-edged razor, since research has proved that it is truly quite quick to use. Men's grooming industry demand has expanded in recent years as a result of growing male customer awareness of their appearance. Furthermore, because more than half of the population is under the age of 30, the industry has a large local market. Furthermore, the urban middle class population is growing. Through 2020, the market is predicted to rise due to enhanced distribution channels in tier II and tier III cities. Bath & Shower products, Hair Care, Skin Care, Deodorants, and Shaving goods are the different categories of men's grooming items. In terms of revenue, shaving products now hold the greatest market share in the Indian men's grooming sector. According to NOVONOUS, the Indian shaving products market is predicted to increase at a CAGR of 20% until 2020, while maintaining its market share. Entrepreneurs who invest in this project will be successful. Few Indian major players 1. Everkeen Blade Co. Ltd. 2. Gillette India Ltd. 3. Jindal Stainless Ltd. 4. Laser Shaving Products Pvt. Ltd. 5. Narang Medical Ltd. | |
| Plant capacity: Razor Blade for Safety Razors Pack of 5 pcs each: 57,600 Units per Day Steel Scrap: 500 Units per Day | Plant & machinery: 393 Lakhs |
| Working capital: - | T.C.I: Cost of Project: 815 Lakhs |
| Return: 58.00% | Break even: 28.00% |
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Information- One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
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- T.C.I is Total Capital Investment
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