Global Deodorants and Antiperspirants Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global Deodorants and Antiperspirants Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz. The global deodorants and antiperspirants market report has been segmented on the basis of types, product, and region.
Global Deodorants and Antiperspirants Market: Overview
Deodorant is useful for applying to the body parts for preventing the body odor which is caused by breaking down perspiration in major body parts including armpits, feet, and other areas of the body. On the other hand, antiperspirants are the sub category of deodorant. The Deodorants and antiperspirants contain ingredients which are useful in controlling sweating safely and effectively. These are similar to deodorants but it has different functioning and applications. Antiperspirants is helpful in controlling sweating and body odor in two steps. Firstly, it helps in preventing sweat from reaching out the skin surface and secondly aids in eliminates the bacteria that causes body odor and deodorant only prevents body odor, but cannot control the sweat. These deodorants and antiperspirants contain has one similarity that is they both contain fragrance that is helpful in keeping body odor away from the body.
Global Deodorants and Antiperspirants Market: Dynamics
Increasing disposable income and changing lifestyle coupled with growing population are the major factors driving growth of the global deodorants and antiperspirants market. In addition, increasing demand for youth-oriented products and increasing celebrity scents coupled with growing markets are other factors fueling growth of the target market. However, growing awareness with respect to health and safety among consumers is one of the major factor hampering growth of the target market.
Furthermore, increasing demand for personal care products and increasing ability to spend are some of the factors expected to drive the growth of the global deodorants and antiperspirants market.
However, raw materials which are used for making these deodorants and antiperspirants are fluctuating is a factor expected to hamper growth of the global deodorants and antiperspirants market.
Global Deodorants and Antiperspirants Market: Segment Analysis
On the basis of types, alcohol segment dominates the global market in terms of revenue and anticipated maintain its position in the near future. As there is a demand in for these deodorants is the factor expected to drive of the growth of this segment in the target market.
On the basis of product, aerosol spray segment dominates the global market in terms of revenue and anticipated maintain its position in the near future.
Global Deodorants and Antiperspirants Market: Regional Analysis
Currently, market in North America accounts for major share in terms of revenue and is expected to lucrative growth over the forecast period. Increasing demand for deodorants coupled with increasing disposable income which allows the customers to spend more on many luxury products as these products plays key role especially in US are some factors expected to drive growth of the target market in the region. Asia Pacific market in anticipated to witness fastest growth in terms of revenue in the near future. Increasing domestic demand for deodorants and antiperspirants from the emerging markets of China and India is one of the factor fueling growth of the target market in Asia Pacific region. Europe also accounts major share in terms of revenue. Furthermore, market in Latin America anticipated to witness average growth over the forecast period, followed by Middle East and Africa in the global market.
Global Deodorants and Antiperspirants Market Segmentation:
Segmentation by types
- Aluminum Salt
Segmentation by product:
- Aerosol Spray
- Roll On
- Stick & Gels
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Unilever Company
- The Procter & Gamble Company
- L'Oréal S.A.
- Avon Product Inc.
- Shiseido Company, Limited
- CavinKare Pvt. Ltd.
- Henkel AG & Company KGaA
- Beiersdorf AG
- Godrej Consumer Products Ltd.
- Revlon, Inc.
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