Press release
Antiperspirant and Deodorant Market size was valued at USD 3.96 Bn. in 2023 and the total Antiperspirant and Deodorant revenue is expected to grow by 4.3percentage from 2024 to 2030
Forecast Increase in Revenue:Antiperspirant and Deodorant Market size was valued at USD 3.96 Bn. in 2023 and the total Antiperspirant and Deodorant revenue is expected to grow by 4.3percentage from 2024 to 2030, reaching nearly USD 5.32 Bn.
Antiperspirant and Deodorant Market Overview:
The Antiperspirant and Deodorant market is experiencing steady growth, with its value reaching approximately USD 3.96 billion in 2023. Forecasts indicate a growth rate of 4.3% annually from 2024 to 2030, potentially bringing the market to USD 5.32 billion. This market encompasses products designed to control or eliminate body odor through deodorization and antibacterial action, and antiperspirants that reduce perspiration using aluminum or zirconium-based compounds. The market's growth is driven by innovation across product types, consumer preferences, and regional trends, particularly in emerging markets.
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Drivers in the Antiperspirant and Deodorant Market:
The primary driver of growth in the Antiperspirant and Deodorant market is the rising consumer preference for natural and organic personal care products. Increasing awareness about the potential health risks associated with synthetic chemicals, such as aluminum in antiperspirants, is leading consumers to seek out safer, more natural alternatives. Additionally, growing urbanization and the increasing importance of personal grooming, especially among men in developing regions, are further propelling market expansion.
Antiperspirant and Deodorant Market Trends:
A significant trend in the Antiperspirant and Deodorant market is the shift towards natural and eco-friendly products. Consumers are becoming more conscious of the ingredients in their personal care products, leading to a rise in demand for deodorants and antiperspirants formulated with natural ingredients like aloe vera, cucumber, and green tea. Additionally, there is a growing trend towards gender-neutral products and innovative delivery formats such as sprays, creams, and wipes, catering to a broader audience and diverse consumer needs.
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Antiperspirant and Deodorant Market Opportunities:
Opportunities in the Antiperspirant and Deodorant market are largely driven by the post-pandemic resurgence in demand for personal grooming products. As consumers return to social and professional settings, there is an increased focus on personal hygiene and grooming, creating a favorable environment for market growth. Additionally, the growing middle class in emerging markets, with their increasing disposable incomes, presents a significant opportunity for companies to expand their presence in these regions by offering a wider range of products tailored to local preferences and needs.
What is Antiperspirant and Deodorant Market Regional Insight?
Regionally, the Antiperspirant and Deodorant market is well-established in developed countries like the United States and Europe, where product innovation and portfolio diversification are key strategies for maintaining market share. However, the most significant growth is expected in emerging markets, such as Asia-Pacific and Latin America, where rising disposable incomes, urbanization, and increasing consumer awareness about personal grooming are driving demand. In particular, the male grooming segment is expanding rapidly in these regions, contributing to the overall growth of the market.
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Segmentation Analysis of the Antiperspirant and Deodorant Market
by Product
1. Antiperspirant
2. Deodorant
by Fragrance
1. Floral Deodorants and Antiperspirants
2. Fruity Deodorants and Antiperspirants
3. Warm Deodorants and Antiperspirants
4. Woody & Earthy Deodorants and Antiperspirants
5. Fragrance-free Deodorants and Antiperspirants
by Sales Channel
1. Drug Stores
2. Convenience Stores
3. Beauty Stores
4. Online Retail
5. Other
Who is the largest manufacturers of Antiperspirant and Deodorant Market worldwide?
1. Church and Dwight
2. Unilever
3. Verdan Sarl
4. Shiseido
5. Estee Lauder
6. McNroe
7. Yardley of London
8. Christian Dior
9. Hypermarcas
10. Revlon
11. Tom's of Maine
12. Vini Group
13. Lion
14. Beiersdorf
15. Godrej Consumer Products
16. Kao
17. TTK Healthcare
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Key Offerings:
Past Market Size and Competitive Landscape
Antiperspirant and Deodorant Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Antiperspirant and Deodorant Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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