Press release
Leading Element Driving Change in the Deodorants Market in 2025: Increasing Demand For Personal Grooming Products Is Driving The Deodorant Market Driver
"How Are the key drivers contributing to the expansion of the deodorants market?The surge in the demand for personal grooming products is anticipated to fuel the expansion of the deodorants market in the future. Personal grooming products, designed to elevate personal aesthetics, hygiene and overall wellness, are witnessing a rise in demand as consumers focus on maintaining cleanliness, improving their looks, and incorporating self-care into their daily activities. Deodorant, as a crucial part of personal grooming products, aids in controlling body odor by restricting the proliferation of odor-causing bacteria and imparting a pleasant smell. As reported by the Bureau of Labor Statistics, a principal fact-finding agency for the Federal Government in the US, there was a substantial spending increase of 19.3% observed in 2021, followed by a 12.3% rise in expenditure on personal care products and services in 2022. Hence, the escalating demand for personal grooming products is propelling the growth of the deodorants market.
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What growth opportunities are expected to drive the deodorants market's CAGR through 2034?
The size of the deodorants market has experienced a robust growth in the previous years. The market is projected to escalate from $27.41 billion in 2024 to $29.3 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. The past growth in the market can be associated with altering social norms, impactful ad and marketing campaigns, growth in disposable income, fashion and lifestyle trends focusing on fitness, city expansion, rise in population, and a heightened consciousness about health and wellness.
Expectations are high for significant expansion in the deodorants market over the next few years. The projected growth is to $37.79 billion by 2029, with a compound annual growth rate (CAGR) of 6.6%. Several factors are contributing to the predicted growth, including rising demand for natural, sustainable formulations, increased consumer emphasis on personal cleanliness and health, innovative developments in product packaging and application methods, a focus on gender-neutral and inclusive product ranges, and the powerful role of e-commerce in influencing consumer habits. Key trends during the forecast period include a preference for antibacterial and antiperspirant deodorants, advancements in product formulation, creativity in packaging design and application convenience, a continuing focus on gender-neutral and inclusive products, and an expanding variety of scent options and formulations designed to cater to a wide array of consumer tastes and lifestyles.
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What are the emerging trends shaping the future of the deodorants market?
Leading firms in the deodorants market are concentrating on developing deodorant formulas that are skin-friendly and breathable, like antiperspirant technology, to provide improved sweat protection while also ensuring the skin remains healthy and comfortable. Antiperspirant technology is a term that encompasses the scientific mixes and methods utilized within antiperspirant goods to temporarily decrease or obstruct sweat production. For example, Degree, a deodorant brand from the United States, introduced its most recent product, the Degree Advanced Antiperspirant, in March 2022. This product features a groundbreaking 72-hour microtechnology that ensures continuous sweat and odor protection. Furthermore, Degree has unveiled the Degree Advanced Antiperspirant for both women and men, each equipped with innovative microtechnology that offers 72-hour protection from sweat and odor. This new line has been clinically demonstrated to form a stronger shield against sweat than traditional antiperspirants, removing the requirement for reapplication. Unilever, the owner of Degree, developed this technology and has secured 16 new patents for it.
Which growth-oriented segments of the deodorants market are leading the industry's development?
The deodorants market covered in this report is segmented -
1) By Product: Spray, Roll-On, Cream, Other Product
2) By Packaging Material: Metal, Plastic, Other Packaging Material
3) By Distribution Channel: Super markets Or Hyper markets, Convenience Stores, Pharmacies and Drug Stores, Online Retail, Other Distribution Channel
4) By End-User: Men, Women, Other End User
Subsegments:
1) By Spray: Aerosol Sprays, Pump Sprays
2) By Roll-On: Gel Roll-Ons, Liquid Roll-Ons
3) By Cream: Anti-Perspirant Creams, Natural Deodorant Creams
4) By Other Products: Sticks, Wipes, Powders
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What regions are leading the charge in the deodorants market?
Europe was the largest region in the deodorants market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the deodorants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the deodorants market?
Major companies operating in the deodorants market report are L'Oreal SA; Christian Dior SE; The Procter & Gamble Company; Unilever PLC; Adidas AG; Henkel AG & Co KGaA; Colgate-Palmolive Company; The Estée Lauder Companies Inc.; Kao Corporation; Co Inc.; Coty Inc.; Burberry Limited; Calvin Klein Inc.; Avon Products Inc.; Giorgio Armani SpA; Lion Corporation; Revlon Inc.; Godrej Consumer Products Limited; Beiersdorf AG; Benetton Group Srl; Cavinkare Private Limited; EO Products Inc.; Each & Every; Erbaviva LLC; Spirit Nest LLC
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What Is Covered In The Deodorants Global Market Report?
• Market Size Forecast: Examine the deodorants market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the deodorants market for a structured understanding.
• Key Players Overview: Analyze major players in the deodorants market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the deodorants market.
• Segment Contributions: Evaluate how different segments drive overall growth in the deodorants market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the deodorants market.
• Industry Challenges: Identify potential risks and obstacles affecting the deodorants market.
• Competitive Landscape: Review strategic developments in the deodorants market, including expansions, agreements, and new product launches.
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