Press release
Deodorants and Antiperspirants Market is Expected to Witness Healthy Growth at 5% CAGR through 2031
Deodorants and Antiperspirants Market
Key producing countries of deodorants and antiperspirants are the U.S., U.K. Germany, and France.
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Deodorants and antiperspirants are amongst the fastest-growing segments in the beauty & personal care industry. As these products serve the dual function of eliminating bad odor and imparting fragrance, a new breed of customers has been switching from perfumes to deodorants and antiperspirants. Taking advantage of this trend, manufacturers have started to position their products with more appealing fragrance.
Key Market Segments Covered
By Product
Deodorants
Deodorant Aerosol Sprays
Deodorant Roll-Ons
Deodorant Sticks and Solids
Deodorant Creams & Wipes
Antiperspirants
Antiperspirant Aerosol Sprays
Antiperspirant Roll-Ons
Antiperspirant Sticks and Solids
Antiperspirant Gels
By Fragrance
Floral Deodorants and Antiperspirants
Fruity Deodorants and Antiperspirants
Warm Deodorants and Antiperspirants
Woody & Earthy Deodorants and Antiperspirants
Fragrance-free Deodorants and Antiperspirants
By Consumer Orientation
Deodorants and Antiperspirants for Women
Deodorants and Antiperspirants for Men
Unisex Deodorants and Antiperspirants
By Sales Channel
Deodorants and Antiperspirants Sold through Modern Trade
Deodorants and Antiperspirants Sold at Drug Stores
Deodorants and Antiperspirants Sold at Convenience Stores
Deodorants and Antiperspirants Sold at Beauty Stores
Online Retail of Deodorants and Antiperspirants
Other Sales Channels
By Region
North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA
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Key Takeaways from Market Study
In 2020, North America and Europe together generated around 69% share of global revenue.
Deodorants accounted for over 65% of the global market in 2020.
Based on fragrance, deodorants and antiperspirants with floral fragrance are anticipated to be the most lucrative with a BPS of around 219.
Deodorants and antiperspirants for women are expected to garner an absolute dollar opportunity of US$ 11.6 Bn during the projection period, the highest expected among others.
In 2020, the deodorants and antiperspirants market generated over 1/3 of its revenues through modern trade.
Tier-1 companies such as Unilever Plc, Procter & Gamble Company, Colgate Palmolive, and Henkel AG & Co. KGaA together accounted for more than 51% of global revenue in 2020.
Some Notable Offerings by Fact.MR Report on Deodorants and Antiperspirants market:
• Fact.MR will provide you an analysis of the extent to which this Deodorants and Antiperspirants market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
• Fact.MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
• Also, this report will help you to identify any trends to forecast growth rates.
• The analyzed report will forecast the general tendency for supply and demand.
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Some of the Deodorants and Antiperspirants Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:
• Details regarding latest innovations and development in Deodorants and Antiperspirants and how it is gaining customer traction during the forecast period.
• Analysis about the customer demand of the products and how it is likely to evolve in coming years.
• Latest regulations enforced by government bodies and local agencies and their impact on Demand of Deodorants and Antiperspirants Market .
• Insights about adoption of new technologies and its influence on the Deodorants and Antiperspirants market Size.
• Overview of the impact of COVID-19 on Deodorants and Antiperspirants Market and economic disruptions caused by the pandemic.
• Evaluates post-pandemic impact on the Sales of Deodorants and Antiperspirants Market during the forecast period.
After reading the Market insights of Deodorants and Antiperspirants Report, readers can:
• Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
• Analyze key regions holding significant share of total Deodorants and Antiperspirants market revenue.
• Study the growth outlook of Deodorants and Antiperspirants market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use & supply side analysis of Deodorants and Antiperspirants market.
• Investigate the recent R&D projects performed by each market player & competitive analysis of Deodorants and Antiperspirants Market Players.
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Competitive Landscape
Fact.MR has profiled the following key deodorant and antiperspirant manufacturers in its report:
Unilever Plc
Procter & Gamble
Henkel AG & Company, KGaA
L'Oreal Company
Beiersdorf AG
Colgate Palmolive
Victoria’s Secret
Christian Dior SE
Forest Essentials
Marks and Spencer Group plc.
The Estée Lauder Companies Inc.
The Body Shop
Godrej Consumer Product Limited
Avon Products Inc.
CavinKare Pvt. Ltd.
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