Global Deodorants Market Growth 2023-2029

Global Deodorants Market Growth 2023-2029

A deodorant is a substance applied to the body to prevent body odor caused by the bacterial breakdown of perspiration in armpits, feet, and other areas of the body. A subgroup of deodorants, antiperspirants, affect odor as well as prevent sweating by affecting sweat glands.

LPI (LP Information)' newest research report, the “Deodorants Industry Forecast” looks at past sales and reviews total world Deodorants sales in 2022, providing a comprehensive analysis by region and market sector of projected Deodorants sales for 2023 through 2029. With Deodorants sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Deodorants industry.

This Insight Report provides a comprehensive analysis of the global Deodorants landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Deodorants portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Deodorants market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Deodorants and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Deodorants.

The global Deodorants market size is projected to grow from US$ 3402.5 million in 2022 to US$ 4477.3 million in 2029; it is expected to grow at a CAGR of 4477.3 from 2023 to 2029.

Deodorants is a matured market in developed regions such as the US and Europe. In these markets, delivery of innovative products and an improved product mix play a vital role for manufacturers to increase their revenues. Producers are more or less compelled to offer innovative products that deliver quick, effective protection against odor and wetness. Deodorant producers have sought to generate sales growth by relying on product introductions on a continuous basis as well as product line extensions. Technologically advanced formulations and applications empower manufacturers to provide more innovative products that in turn attract deodorant customers. Overall, the personal care category is witnessing a strong growth trend as a result of the increasing focus of men towards grooming, hygiene and appearance. Male oriented products are growing briskly, surpassing the hitherto women dominated cosmetics and personal care market. With regard to fragrances, men choose deodorants over the luxurious perfumes preferred by females. This has provided a definite impetus to the overall sales of deodorants.

This report presents a comprehensive overview, market shares, and growth opportunities of Deodorants market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Solid Deodorant
Roll-on Deodorant
Crystal Deodorants
Deodorant Spray

Segmentation by application
Men
Women

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Procter & Gamble
Unilever
Henkel
Loreal
Nivea
Godrej
Amway
Clinique
A.P. Deauville
AXE
L’Occitane
Tom’s of Maine
Avon
Mitchum

Key Questions Addressed in this Report

What is the 10-year outlook for the global Deodorants market?

What factors are driving Deodorants market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Deodorants market opportunities vary by end market size?

How does Deodorants break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.