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Deodorant Wipes Market Anticipates US$ 71 Million Valuation by 2032, Driven by 2.1% CAGR

04-17-2024 09:17 AM CET | Consumer Goods & Retail

Press release from: Fact.MR

Deodorant Wipes Market Anticipates US$ 71 Million Valuation

At a compound annual growth rate (CAGR) of 2.1%, the worldwide deodorant wipes market is expected to reach a valuation of around US$ 56 million in 2021 and surpass US$ 71 million by 2032. Wet wipe demand is expected to grow at a compound annual growth rate (CAGR) of 2% from 2022 to 2032.

Leading areas are probably going to receive the majority of the revenue contribution. particularly in North America and Europe, where cosmetics sales are rising.

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Deodorant wipes are a new player in the personal care market that has revolutionized how people deal with body odor when they are on the road. These handy, carry-along substitutes for conventional deodorants are becoming more and more popular in the market, providing customers with an efficient way to smell good all day. Let us examine the reasons that are contributing to the deodorant wipes market's rise and examine the emerging trends.

Convenience and portability are essential in the fast-paced world of today. Deodorant wipes provide a convenient substitute for conventional deodorants, enabling consumers to freshen up whenever and wherever they choose. These little wipes slide easily into pockets, gym bags, and handbags, making them perfect for on-the-go use during a hectic commute, following a workout, or while traveling.

Key Companies Profiled:
• Forever Fresh
• Johnson & Johnson
• Shiseido Company
• Fresh Body Co., Ltd.
• Kimberly-Clark
• Procter & Gamble (P&G)
• Svenska Cellulosa Aktiebolaget (SCA)

The rise of active lifestyles can be attributed to the growing emphasis on health and wellness among people. Consequently, there is a rising need for goods that meet the requirements of those who are busy and fitness fanatics. Deodorant wipes offer a practical way to stay fresh after a workout without having to tote around heavy deodorant bottles or take a shower.

Skin-Friendly formulae and Alluring Scent Profiles:

Deodorant wipes' skin-friendly formulae and alluring scent profiles are major contributors to their attractiveness. Producers are concentrating on creating wipes with energizing scents that keep consumers feeling energized all day. Wipes are also more widely available since they are often made with mild chemicals that are good for skin that is sensitive.

Environmental Considerations:

Consumer interest for sustainable personal care products is rising as they become more environmentally conscious. Wipes for deodorant, especially those composed of biodegradable materials, are a more environmentally responsible option than deodorants that come in plastic containers. Consumers who care about the environment are responding favorably to brands that emphasize sustainability, which is propelling the uptake of eco-friendly wipes.

Read More:
https://www.factmr.com/report/184/deodorant-wipes-market

Expansion of Product Offerings and Marketing Approaches:

In an effort to attract customers, the deodorant wipes market is seeing a boom in product innovation and marketing approaches. Manufacturers are launching new versions catered to particular tastes, like fragrances that are gender-neutral, products made with natural and organic materials, and formulas designed for various skin types. Furthermore, marketers are reaching a larger audience and generating awareness about their products with the use of strategic partnerships with celebrities and influencers.

Key Segments in Deodorant Wipes Industry Research:
• By Product :
o Wet Wipes
o Dry Wipes
• By Fragrance :
o Citrus
o Coconut
o Floral
o Lavender
o Others
• By Application :
o Dryness Relief
o Itch Relief
o Odour Prevention & Freshness
o Others
• By Distribution Channel :
o Modern Trade
o Drug Stores
o Convenience Store
o E-Commerce
o Other Retail Format
• By Region :
o North America
o Europe
o Asia Pacific
o The Middle East & Africa
o Latin America

The market for deodorant wipes is rising as customers emphasize sustainability, efficiency, and ease in their personal hygiene regimens. These wipes are an easy way to stay fresh while on the road thanks to their skin-friendly formulations, pleasant smells, and compact packaging. The deodorant wipes market is expected to develop and innovate even more in the years to come as producers continue to innovate and broaden their product offerings.

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We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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