Deodorants and Antiperspirants Market: Quantitative Market Analysis, Current and Future Trends

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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Deodorants and Antiperspirants Market – Scope of Report

A recently revised study by Fact.MR on the deodorants and antiperspirants market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of deodorants and antiperspirants.

The study also provides the dynamics that are responsible for influencing the future status of the market over the forecast period. A detailed assessment of value chain analysis, business execution, cost structure analysis, and supply chain analysis across regional markets has been covered in the report.

A list of prominent companies manufacturing deodorants and antiperspirants, along with their product portfolios, enhances the reliability of this comprehensive research study.

Report Summary

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of deodorants and antiperspirants across the globe.

A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of deodorants and antiperspirants during the forecast period. Price point comparison by region with global average price is also considered in the study.

Analysis on Market Size Evaluation

The market has been analyzed for each market segment in terms of volume (Mn Units) and value (US$ Mn).

Market estimates at global and regional levels for deodorants and antiperspirants are available in terms of “US$ Mn” for value and in “Mn Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global deodorants and antiperspirants market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include market forces analysis, which is expected to have a momentous influence on the growth of the deodorants and antiperspirants market during the forecast period.

Country-specific valuation on demand for deodorants and antiperspirants has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value and volume for emerging countries has also been included in the report.

In-depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of deodorants and antiperspirants, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the manufacturing of deodorants and antiperspirants has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

As per a revised report published by Fact.MR, the global deodorants and antiperspirants market is anticipated to exceed a valuation of US$ 25.7 Bn by 2021, and is expected to expand at a steady CAGR of around 5% over the forecast period of 2021 to 2031.

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 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.