Deodorant Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted March 1, 2024 by mansi3210

Deodorant Market is projected to grow at a modest CAGR of 3.8% during the forecast period.

 
Deodorant Market is projected to grow at a modest CAGR of 3.8% during the forecast period. 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.

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. 

To Request a Sample of our Report on Deodorant Market:  https://www.omrglobal.com/request-sample/deodorant-market

Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- By Product Type and Distribution Channel

Regions Covered- North America, Europe, Asia-Pacific, Rest of the World

Competitive Landscape- Adidas AG, Avon Products, Inc., Beiersdorf AG, Church & Dwight Co. Inc., Henkel AG & Co. KGaA, Lion Corp., L'Oréal SA, LVMH, Nike Inc., Revlon Inc., Unilever PLC, and among others

 Deodorant Market – Segmentation

By Product Type

Spray
Roll-on
Stick
Others (Cream, Gel, Wipes)
Building-based Deodorant
Shipping Container-based Deodorant

By Distribution Channel

Supermarkets & Hypermarket
Specialized Cosmetic Stores
Online Channels

A full Report of Deodorant Market is Available @  https://www.omrglobal.com/industry-reports/deodorant-market

Deodorant Market – Segmentation by Region 

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Adidas AG
Avon Products, Inc.
Beiersdorf AG
CavinKare Pvt. Ltd.
Church & Dwight Co. Inc.
EO Products
Erbaviva LLC
Henkel AG & Co. KGaA
Lion Corp.
L'Occitane International SA
L'Oréal SA
LVMH
Nike Inc.
Revlon Inc.
Sky Organics
Spirit Nest
The Estee Lauder Co. Inc.
The Procter & Gamble Co.
Titan Co. Ltd.
Truly's Natural Products
Unilever PLC
Vanesa Care Pvt. Ltd.

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 About Orion Market Research

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Categories Business , Industry , Manufacturing
Last Updated March 1, 2024