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Deodorant Market Analysis and Future Growth Trajectories 2024 - 2031 | Avon Products, Inc., Beiersdorf AG

08-06-2024 12:34 PM CET | Consumer Goods & Retail

Press release from: CMI

Deodorant Market

Deodorant Market

Market Overview:

Deodorants help control or eliminate underarm odor from sweating. They come in various forms including sprays, roll-ons, sticks, and wipes. Deodorants are widely used for personal hygiene and occupational purposes.

Market Dynamics:

The deodorant market is witnessing high growth owing to expanding retail sector around the world. Easy availability of deodorants through various retail channels such as supermarkets, hypermarkets, convenience stores, and online retail websites is boosting the market growth. Furthermore, rising health and hygiene concerns among consumers is another key factor driving demand for deodorants. With increasing disposable income, consumers are willing to spend more on personal care and hygiene products to maintain odor protection, which is fueling the market expansion. Availability of organic and natural deodorants catering to the changing preferences of health-conscious consumers also plays a vital role in market growth.

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Deodorant Market Drivers: Growing Trend of Personal Care and Hygiene

One of the major drivers for the deodorant market is the growing trend of personal care and hygiene among individuals across the world. With increase in disposable incomes and standards of living, people are giving more importance to grooming and body odor control. Deodorants have become an essential commodity used on a daily basis by both women and men. Brands promote deodorants as necessary for maintaining professional and personal image in society. Urbanization has also resulted in hot and humid climatic conditions in many cities which raises the need for odor protection throughout the day. Stringent workplace hygiene policies mandate employees to curb body odor, further fueling sales.

Deodorant Market Opportunity: Emerging Economies

Emerging economies present a massive opportunity for the deodorant market owing to improving standards of living and focus on personal grooming. Countries like India, Indonesia, Brazil, South Africa and others are expected to drive future demand. These nations have young population bases rapidly adopting western lifestyles. Rising disposable incomes allow people to spend more on toiletry products that were once considered luxury purchases. Organized retail has proliferated, making a wider range of brands accessible even in small towns. International players have increased focus on these fast growing geographies through targeted marketing, affordable pricing and locally relevant products. Overall, the huge population base and lifestyle changes make emerging markets key for business expansion.

Deodorant Market Trend: Increasing Popularity of Natural Formulations

A major trend gaining ground in the deodorant market is the rising popularity of natural formulations made from plant-based ingredients without harsh chemicals. Consumers are becoming more environmentally and health conscious, driving demand for eco-friendlier personal care options. Natural deodorants satisfy this need effectively without comprising on performance. They contain extracts, essential oils and other organic components that fight odor-causing bacteria naturally. Popular natural/organic brands are challenging mainstream leaders with varied ranges. Even conventional brands are launching separate natural sub-lines catering to this significant consumer segment. Sustainability is an important consideration across age groups seeking toxin-free underarm care products.

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Top Companies Featured in This Report:

โ˜… Avon Products Inc.
โ˜… Beiersdorf AG
โ˜… Adidas AG
โ˜… CHANEL International B.V.
โ˜… Estรฉe Lauder Companies
โ˜… Shiseido Company
โ˜… Limited
โ˜… Yardley of London
โ˜… The Procter & Gamble Company
โ˜… Raymond Group
โ˜… Godrej Consumer Products Limited.

Market Segmentation:

By Product Type:

โ˜… Push-up Sticks
โ˜… Liquid Roll-ons
โ˜… Body Sprays
โ˜… Premium
โ˜… Mid-priced
โ˜… Low-priced
โ˜… Hypermarket & Supermarkets
โ˜… Specialty Stores
โ˜… Convenience Stores
โ˜… Online Stores
โ˜… Others (Departmental Stores and Others)

Key Regions/Countries Classified as Follows:

ยป North America (U.S., Canada, Mexico)
ยป Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
ยป Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
ยป South America (Brazil, Argentina, Rest of SA)
ยป Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

Trends in Navigation Keyword Market:

Increasing Demand: Notice a surge in demand for navigation keywords due to the widespread adoption of GPS-enabled devices and the need for precise mapping data.

Technological Innovations: Witness innovative breakthroughs enhancing the accuracy and reliability of navigation keywords, such as real-time traffic updates, 3D mapping, and augmented reality.

Tailored Solutions: Explore industry-specific navigation keyword solutions designed to meet the unique needs of automotive, aviation, and maritime sectors.

Integration with Advanced Technologies: Embrace the integration of navigation keywords with cutting-edge technologies like artificial intelligence and the Internet of Things, unlocking advanced functionalities.

Mobile Applications: Embrace the convenience and accessibility of navigation keywords through mobile applications, catering to the evolving needs of consumers.

Environmental Sustainability: Embrace environmentally conscious navigation keyword solutions that address issues like traffic congestion and air quality, promoting sustainable transportation options.

Report Highlights:

๐Ÿ“ˆ Examination of navigation keyword market share at both country and regional levels

๐Ÿ“ˆ Thorough analysis of the competitive landscape and emerging trends

๐Ÿ“ˆ Detailed review of product advancements, technological developments, drivers, and limitations

๐Ÿ“ˆ Strategic recommendations tailored for key business segments based on market insights

๐Ÿ“ˆ Valuable guidance for newcomers venturing into the navigation keyword market

Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/3616

Author Bio:

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

(LinkedIn: https://www.linkedin.com/in/alice-mutum-3b247b137 )

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Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Australia: +61-2-4786-0457
India: +91-848-285-0837

About Us

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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