Reports Scope & Overview:
Antiperspirants and Deodorants Market Size was valued at USD 29.03 billion in 2022 and is expected to reach USD 43.55 billion by 2030, and grow at a CAGR of 5.2% over the forecast period 2023-2030.
The market is expanding as a result of people's increasing desire to keep themselves clean and hygienic. The use of sanitary goods by people is driving the growth of the antiperspirants and deodorants market. Everyone is becoming more conscious of cleanliness and a clean atmosphere each day. Deodorants and antiperspirants are used to get rid of body odor. But sweat has no odor and doesn't smell until bacteria start to ferment it. Our bodies naturally contain a variety of germs, and they also continually produce bacteria that react with sweat to produce an offensive stench that can be very potent. It could make the body stinky and dirty. People use this to protect themselves against it for hygiene reasons. The industry offers a wide variety of scented sticks and sprays, but these are distinct from them; the antiperspirants and deodorants market addresses odor and cleanliness.
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In the modern world, deodorants and antiperspirants are essential due of the increasing crowds in buses, trains, and other public spaces. Maintaining personal hygiene and controlling body odor are essential. They make the skin dry and sanitary by removing moisture from it.
As the use of sanitary goods rises, so do market trends for antiperspirants and deodorants. People are becoming more conscious of their skin and personal hygiene, as well as the unexpected shift in people's lifestyles that drives the industry. The value of the antiperspirant and deodorant market tends to rise as a result.
MARKET DYNAMICS
DRIVERS
More attention on maintaining hygiene and improving odor
Products that promote sustainability have a significant impact.
More people are choosing to use natural goods.
RESTRAINTS
High-cost product
Certain natural and organic goods' chemical components may also have an impact.
OPPORTUNITIES
Increasing use of environmentally friendly goods
Avoids harming the skin in any way
CHALLENGES
Areas and locales where hygiene and personal care are less prevalent
Recently, people become more aware of skincare products.
IMPACT OF COVID-19
Almost every industry in the world has suffered a setback in the last 18 months. This is due to various precautionary lockdowns and other restrictions imposed by governments around the world, which have caused huge delays in their manufacturing and supply-chain activities. The global antiperspirant and deodorant market is similar. Furthermore, consumer demand has reduced as people are now more focused on cutting non-essential expenses from their budgets as the outbreak has severely damaged the general economic condition of most people.
The aforementioned variables are predicted to have an impact on the global Antiperspirant and Deodorant market's revenue trajectory over the forecast period. As individual government authorities continue to ease these enforced lockdowns, the worldwide antiperspirant and deodorant market is projected to revive.
MARKET ESTIMATION:
By Product Form: Roll-ons, sprays, sticks, and a variety of additional antiperspirants and deodorants are all segmented in the antiperspirants and deodorants market. The market's growth is predicted to be boosted by the segment stick, which also has the highest CAGR. Between 2022 and 2030, the spray sector will develop at the quickest rate, expanding the Antiperspirants and Deodorants Market.
By ingredient: Alcohol, antimicrobials, conditioners and moisturizers, perfumes, paraben and propellants, and others make up the market.
By function: Aerosol sprays, creams, roll-on, and gel make up the global antiperspirant and deodorant market.
By Distribution Channel: The market is divided into two categories: store-based and non-store-based. The store-based section is divided into supermarkets and hypermarkets, convenience stores, and others; the store-based segment has a higher growth rate due to many in-store brand production and many different kinds of brands available in the region. However, because the spread of the epidemic has forced individuals to stay at home and work from home, they choose to rely on the online store, which has been expanding in popularity in recent years. Antiperspirants and Deodorants Market share is heavily influenced by distribution channels.
KEY MARKET SEGMENT:
By Foam type
Spray
Roll-On
Sticks and others
others
By ingredient type
Alcohol
Aluminum Salts
Antimicrobials
Fragrance
Skin Conditioners
Others
By Function type
Aerosol Sprays
Creams Roll-on and
Gel
others
By distribution
Household
Online Retail
Pharmacy
Cosmetic Discounters
Department and Discount Stores
Others
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Key Market Players
The Key Players are Unilever Company, Procter & Gamble, L’Oreal Company, Avon Product Inc, Shiseido, CavinKare Pvt. Ltd, Henkel AG & Company KGaA, Beiersdorf AG, Godrej Consumer Products Ltd. and Other Players
REGIONAL ANALYSIS
Asia Pacific, Europe, and North America make up the Antiperspirants and Deodorants Market. Canada, the United States of America, and Mexico make up the North American region once more. Germany, France, the United Kingdom, Italy, Spain, and other European countries make up the European region. Japan, India, China, New Zealand, Australia, and other Asian countries are divided into the Asia Pacific area South America, Africa, and the Middle East are likewise fragmented markets. Every region promotes market expansion based on usage; Asia Pacific is predicted to accelerate market growth due to a rise in the use of skincare products in that region. Furthermore, as the need for hygiene grows throughout all age groups, the market's growth rate tends to accelerate in different regions. The Antiperspirants and Deodorants Market is expected to develop due to the growing youth population and adoption of a new lifestyle.
REGIONAL COVEREGE:
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 29.03 Billion |
| Market Size by 2030 | US$ 43.55 Billion |
| CAGR | CAGR of 5.2% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By foam type (Spray , Roll-On, Sticks and others, others) • By Ingredient Type (Alcohol, Aluminum Salts, Antimicrobials, Fragrance, Skin Conditioners) • By Function Type (Aerosol Sprays, CreamsRoll-on , Gel, others) • By Distribution (Household, Online Retail, Pharmacy, Cosmetic) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Unilever Company, Procter & Gamble, L’Oreal Company, Avon Product Inc, Shiseido, CavinKare Pvt. Ltd, Henkel AG & Company KGaA, Beiersdorf AG, Godrej Consumer Products Ltd. |
| KEY DRIVERS | • More attention on maintaining hygiene and improving odor • Products that promote sustainability have a significant impact. • More people are choosing to use natural goods. |
| Restraints | • High-cost product • Certain natural and organic goods' chemical components may also have an impact. |
The antiperspirants and deodorants market be worth USD 43.55 billion by 2030.
The main drivers of the antiperspirant and deodorant market is growing concern for better odor and hygiene and consumers choose to utilize natural products.
Antiperspirants and Deodorants Market is divided into four segments and these segments are by Foam type, by ingredient type, by Function type, and by distribution.
The sub-segment of the Foam type of Antiperspirants and Deodorants Market are Spray, Roll-On, Sticks, and others
Manufacturer and service provider, research institutes, universities, private libraries, suppliers, and distributors.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Antiperspirants and Deodorants Market Segmentation, by Foam type
8.1 Spray
8.2 Roll-On
8.3 Sticks and others
8.4 others
9. Antiperspirants and Deodorants Market, by ingredient type
9.1 Alcohol
9.2 Aluminum Salts
9.3 Antimicrobials
9.4 Fragrance
9.5 Skin Conditioners
9.6 Others
10. Antiperspirants and Deodorants Market Segmentation, By Function type
10.1 Aerosol Sprays
10.2 CreamsRoll-on
10.3 Gel
10.4 others
11. Antiperspirants and Deodorants Market Segmentation, By distribution
11.1 Household
11.2 Online Retail
11.3 Pharmacy
11.4 Cosmetic Discounters
11.5 Department and Discount Stores
11.6 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1Unilever Company
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Procter & Gamble
13.3 L’Oreal Company
13.4 Avon Product Inc
13.5 Shiseido, CavinKare Pvt. Ltd
13.6 Henkel AG & Company KGaA
13.7 Beiersdorf AG
13.8 Godrej Consumer Products Ltd.
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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