Global Deodorant Wipes Market indicating Industry Size, Demand, Trends and Forecast till 2022

Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of deodorant wipes market. The study is titled as “Deodorant Wipes Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global deodorant wipes market.

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Due to the increasing concerns regarding health and hygiene amongst the consumers the market for deodorant wipes is experiencing a steady growth throughout the world. Also, deodorant wipes are getting popular in different regions of the world due to the fact that they provide freshness and a feeling of refreshment. They are also gaining popularity for cleansing the armpits by preventing the spread of bromhidrosis-causing bacteria. Due to the fast paced lifestyle of the present times, consumers want convenience in all the products they buy and want to use such kind of products that save both their time & energy, and aid in their ‘on-the-go’ lifestyle. That is why the use of deodorant wipes is increasing as they provide the ways and means to get refreshed easily without having to spend a lot of time. Presently, deodorant wipes are available in a wide variety of fragrances like coconut and lavender amongst others. In addition, consumers of today are very much concerned about environmental protection, and hence they prefer to buy such kind of wipes that are easily biodegradable and have least adverse effect on the environment.

According to Fact.MR, the global deodorant wipes market is slated to touch a value of nearly US$ 920 Mn in the year 2022 and grow at a moderate CAGR during the assessment period.

3 Forecast Highlights on Global Deodorant Wipes Market

1. As per the forecast of Fact.MR, the dry wipes segment is slated to touch a value of nearly US$ 290 Mn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The dry wipes segment is estimated to account for nearly one-third of the revenue share of the product type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.

2. As per the forecast of Fact.MR, the coconut fragrance type segment will reach a value of nearly US$ 180 Mn in the year 2017. This represents a moderate CAGR growth during the forecast period. The coconut fragrance type segment is estimated to account for more than one-fifth of the revenue share of the fragrance type segment in the year 2017 end and is expected to lose market share by the end of the year 2022.

3. As per the forecast of Fact.MR, the dryness relief segment is slated to reach a value of nearly US$ 300 Mn in 2022. The dryness relief segment is expected to lose some market share by the end of the year 2022. The largest share is contributed by the Europe region in the dryness relief segment.

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Global Sales of Wet Wipes Poised to Touch a Value of Nearly US$ 630 Mn by 2022-end

As per the forecast of Fact.MR, the wet wipes segment is expected to reach a value of nearly US$ 630 Mn in the year 2022. This represents a moderate CAGR during the forecast period of 2017-2022. Wet wipes segment is expected to account for more than two-third of the revenue share of the product type segment by the year 2017, and is expected to lose market share by the end of the year 2022.

Citrus Fragrance Wipes to Exhibit a CAGR of 5.3% through 2022

As per the forecast of Fact.MR, the citrus fragrance type segment is slated to touch a figure of nearly US$ 260 Mn in the year 2022. This represents a CAGR of 5.3% during the assessment period from 2017 till the year 2022. This segment is expected to gain market share by the end of the year 2022. The citrus fragrance type segment is expected to account for nearly one-fourth of the revenue share of the fragrance type segment by the year 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global deodorant wipes market through 2022, which include Johnson & Johnson, Procter & Gamble, Kimberly-Clark, Svenska Cellulosa Aktiebolaget SCA, Shiseido Company Limited, Mandom Corporation, Nice-Pak Products, Rock line Industries and Diamond Wipes International.

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This release was published on openPR.