Deodorant Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2030 | Adidas AG, Avon Products, Inc., Beiersdorf AG

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.

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Market Coverage

• The market number available for - 2023-2030

• 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, . 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

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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.

· 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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