Deodorant Market to see Rapid Growth by 2028
The global deodorant market is projected to grow at a modest CAGR of 3.8% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes changing lifestyles and intensifying focus on personal hygiene. There has been a growth witnessed in spending on beauty and personal care products throughout the globe. Urbanization is leading to a modern lifestyle that has urged individuals to focus on themselves, thus more and more individuals are opting for various products including deodorants. Rising disposable income and the availability of a variety of products & organic and natural products are the major factors that have played an imperative role in the increased spending on deodorants across the globe. Hence, this is a major driving factor for the market. The deodorants market is also flourished by the launches of body sprays with new fragrances and scents in the personal care industry, especially in emerging economies.
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Further, the growing shift of consumers towards organic and natural personal care products due to fewer side effects is estimated to offer the growth of the market. Organic deodorant products are being developed with the combination of ingredients and raw materials extracted naturally without the involvement or the negligible amount of synthetic chemicals. Moreover, continuous product development through organic ingredients and increasing consumer spending on organic materials are gaining the market player’s attention for further product enhancement.
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· Market Coverage
· Market number available for – 2022-2028
· Base year- 2021
· Forecast period- 2022-2028
· Segment Covered- By Source, By Product Type, By Applications
· Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
· Inc., and others
Market Segmentation
Global Deodorant Market by Product Type
o Spray
o Roll-on
o Stick
o Others (Cream, Gel, Wipes)
Global Deodorant Market by Distribution Channel
o Supermarkets & Hypermarket
o Specialized Cosmetic Stores
o Online Channels
Regional Analysis
o North America
o US
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o ASEAN
o South Korea
o Rest of Asia-Pacific
o Rest of the World
Company Profiles
o Adidas AG
o Avon Products, Inc.
o Beiersdorf AG
o CavinKare Pvt. Ltd.
o Church & Dwight Co. Inc.
o EO Products
o Erbaviva LLC
o Henkel AG & Co. KGaA
o Lion Corp.
o L'Occitane International SA
o L'Oréal SA
o LVMH
o Nike Inc.
o Revlon Inc.
o Sky Organics
o Spirit Nest
o The Estee Lauder Co. Inc.
o The Procter & Gamble Co.
o Titan Co. Ltd.
o Truly's Natural Products
o Unilever PLC
o Vanesa Care Pvt. Ltd.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global deodorant market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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