Press release
Deodorant Stick Market 2024-2030: Growth Path to USD 3.35 Billion at a 7.3% CAGR
๐๐๐จ๐๐จ๐ซ๐๐ง๐ญ ๐๐ญ๐ข๐๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐThe demand for personal care products, particularly deodorant sticks, has been driven by a heightened awareness of personal hygiene and grooming. Consumers are increasingly leaning towards products formulated with natural ingredients and fragrances. This shift is fostering the growth of alcohol-free deodorant sticks, a trend especially notable among women due to concerns about the negative effects of alcohol and other chemicals in personal care products.
The deodorant stick market is projected to represent 5% to 8% of global deodorant sales by 2030, buoyed by consumer preferences for products that offer long-lasting fragrance and natural formulations.
๐๐๐จ๐๐จ๐ซ๐๐ง๐ญ ๐๐ญ๐ข๐๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐
The Deodorant Stick Market was valued at approximately USD 2.04 billion in 2023 and is projected to expand significantly, reaching an estimated USD 3.35 billion by 2030. This growth corresponds to a CAGR of 7.3% from 2024 to 2030.
๐๐๐๐๐ฌ๐ฌ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ ๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ซ๐๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/request-sample/146847/
๐๐๐จ๐๐จ๐ซ๐๐ง๐ญ ๐๐ญ๐ข๐๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ
The Deodorant Stick market report offers a deep dive into the latest trends in sub-segments, revealing insights into revenue growth at local, regional, and scales. current trends within sub-segments, shedding light on revenue growth at local, regional, and levels. The report provides an inclusive view of the Deodorant Stick, it synthesizes qualitative and quantitative data. A full analysis of regional and sector-specific markets, including factors driving growth, limitations, potential opportunities, and obstacles, is essential for investors. Maximize Market Research Pvt Ltd has implemented a comprehensive research methodology to ensure the accuracy and reliability of the Deodorant Stick Market Report.
๐๐๐จ๐๐จ๐ซ๐๐ง๐ญ ๐๐ญ๐ข๐๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ข๐ฌ๐ข๐ง๐ ๐๐ญ๐๐ง๐๐๐ซ๐๐ฌ ๐๐ง๐ ๐๐ข๐ฌ๐ฉ๐จ๐ฌ๐๐๐ฅ๐ ๐๐ง๐๐จ๐ฆ๐
The increase in dual-income households globally has enhanced living standards and led to greater adoption of premium personal care items. Coupled with the influence of social media, these factors are contributing to higher sales of deodorant sticks, as consumers are exposed to trends emphasizing personal grooming.
๐๐ก๐ข๐๐ญ๐ฌ ๐ข๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐ซ๐๐๐๐ซ๐๐ง๐๐๐ฌ
A significant market trend is the growing preference for alcohol-free deodorant sticks. These products are seeing an 8.9% annual growth rate due to rising concerns over skin sensitivities and allergic reactions associated with traditional, alcohol-based deodorants. The use of natural ingredients such as eucalyptus, jasmine, and cocoa butter is attracting consumers seeking safer and more skin-friendly options.
๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ๐ข๐ง๐
Leading personal care companies have embraced digital marketing and strategic promotions to enhance brand visibility. This has spurred consumer interest in high-quality products and intensified competition among market players. Companies are increasingly focusing on crafting products with natural ingredients to meet consumer expectations and differentiate their offerings in a crowded market.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐๐ก๐๐๐ค:https://www.maximizemarketresearch.com/request-sample/146847/
๐๐๐จ๐๐จ๐ซ๐๐ง๐ญ ๐๐ญ๐ข๐๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐
With-Alcohol
Alcohol-Free
The alcohol-free segment is anticipated to dominate, driven by the rising popularity of natural grooming products. The adverse effects of alcohol-based products on sensitive skin are prompting consumers to choose deodorant sticks formulated with plant-based and organic ingredients.
๐๐ฒ ๐๐๐๐ค๐๐ ๐ข๐ง๐
Glass
Metal
Plastic
While the metal packaging segment currently leads the market, the glass packaging segment is projected to witness a higher CAGR during the forecast period. The increase in e-commerce, along with consumer preference for eco-friendly packaging, is propelling the demand for glass-packaged products.
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ : https://www.maximizemarketresearch.com/request-sample/146847/
๐๐๐จ๐๐จ๐ซ๐๐ง๐ญ ๐๐ญ๐ข๐๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
The North American market is expected to remain a major contributor to global market growth, primarily due to innovative packaging solutions and a strong culture of self-grooming. The United States stands out as the largest segment, benefiting from the presence of key market players who leverage marketing campaigns and product diversification. For instance, Dove's launch of a refillable deodorant in stainless-steel packaging in 2021 highlights the trend towards sustainable packaging solutions.
๐๐๐จ๐๐จ๐ซ๐๐ง๐ญ ๐๐ญ๐ข๐๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1.The Estรฉe Lauder Companies Inc. (U.S.)
2.Unilever PLC (U.K.)
3.L'Orรฉal S.A. (France)
4. Procter & Gamble (U.S.)
5.Beiersdorf AG (Germany)
6. Colgate-Palmolive Company (U.S.)
7. Mandom Corporation (Japan)
8. Lion Corporation (Japan)
9. The Body Shop International Ltd. (U.K.)
10.Knowlton Development Corporation (Canada)
๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง
The Deodorant Stick Market is poised for robust growth, propelled by rising consumer awareness, demand for natural products, and innovations in packaging and formulation. Companies that align their product offerings with these trends stand to gain a competitive edge. The market's development will continue to be shaped by consumer preferences for sustainability and personal well-being, setting the stage for substantial opportunities in the years to come.
๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐ญ๐จ ๐๐๐ข๐ง ๐๐๐๐ฉ๐๐ซ ๐๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/market-report/deodorant-stick-market/146847/
๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ:
๐๐ก๐ ๐๐ข๐ ๐๐ข๐๐ญ๐ฎ๐ซ๐: Market size, overview, and key points.
โข ๐๐ฎ๐ซ ๐ ๐จ๐๐ฎ๐ฌ: Specific areas, timeframe, and scope we'll explore.
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ: Who are the big businesses and up-and-comers?
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐: How much money is flowing in this market?
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐๐ค๐๐จ๐ฐ๐ง: Different types of products/services and their segments.
โข ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐ก๐๐๐ค: How easy (or tough) is it to compete in this market?
โข ๐๐ก๐จ'๐ฌ ๐๐ฎ๐ฒ๐ข๐ง๐ ?: Understanding the customer base and their needs.
โข ๐๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ข๐ฆ๐: Making informed choices in this market.
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐ข๐๐ญ๐ฌ: What's driving changes in the market?
โข ๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐จ๐จ๐ค: Emerging trends that will shape the market.
โข ๐๐ก๐ ๐๐๐ฅ๐ฅ๐๐ซ๐ฌ: Who are the major companies selling in this market?
โข ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Strengths and weaknesses of the key players.
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐จ๐๐จ๐ซ๐๐ง๐ญ ๐๐ญ๐ข๐๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Deodorant Stick?
What is the growth rate of the Deodorant Stick Market?
Who are the key players in the Deodorant Stick market?
Who are the leading companies and what are their portfolios in Deodorant Stick Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Deodorant Stick Market?
Which are the factors expected to drive the Deodorant Stick market growth?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by Different Segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
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
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ฎ๐ซ ๐๐จ๐ฌ๐ญ ๐๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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โฃ Global Blowfillseal Technology Market. https://www.maximizemarketresearch.com/market-report/global-blow-fill-seal-technology-market/28636/
โฃ Metal Recycling Equipment Market https://www.maximizemarketresearch.com/market-report/metal-recycling-equipment-market/146220/
โฃ Global Muscle Stimulator Market https://www.maximizemarketresearch.com/market-report/global-muscle-stimulator-market/54396/
โฃ Global Virtual Power Plant Market https://www.maximizemarketresearch.com/market-report/virtual-power-plan-market/14847/
โฃ Firewall as a Service Market https://www.maximizemarketresearch.com/market-report/firewall-service-market/2795/
โฃ US Electric Vehicle Market https://www.maximizemarketresearch.com/market-report/us-electric-vehicle-market/63467/
โฃ IP Phone Market https://www.maximizemarketresearch.com/market-report/global-ip-phone-market/55506/
โฃ Bentonite Market https://www.maximizemarketresearch.com/market-report/global-bentonite-market/25076/
โฃ Yoga Clothing Market https://www.maximizemarketresearch.com/market-report/yoga-clothing-market/147715/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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