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Deodorants Market Size 2021: Industry Share, Trends, Growth and Forecast Till 2026
The global deodorants market grew at a CAGR of around 6% during 2015-2020. Looking forward, IMARC Group expects the global deodorants market to exhibit moderate growth during the next five years.
By: IMARC Group
Deodorant is a personal care product that inhibits or masks unpleasant odors. It is made using anti-microbial agents, fragrances, and alcohol-based carriers to prevent bacterial breakdown and control sweat production. Presently, it is commonly available in the form of aerosol, sprays, gels, roll-ons, wipes, and sticks across the globe.
Global Deodorants Market Trends:
The increasing consumer spending on personal grooming and hygiene products on account of inflating disposable incomes and rapid urbanization represents one of the key factors driving the market. Moreover, the introduction of personalized, premium, and exotic deodorants in an innovative range that can be used by individuals with sensitive skin is contributing to the market growth. Furthermore, market players are investing in advertising campaigns, such as celebrity endorsements, to improve their existing sales and profitability. This, along with the emerging online shopping trend due to the convenience offered, vast catalog, and fast shipping facilities, is creating a positive market outlook.
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Global Deodorants Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Adidas AG, Avon Products Inc. (Natura & Co.), Beiersdorf AG (maxingvest ag), Cavinkare Private Limited, Church & Dwight Co. Inc., Colgate-Palmolive Company, Este Lauder Companies, Godrej Consumer Products Limited, Henkel AG & Co. KGaA, Lion Corporation, L'Oral, The Procter & Gamble Company and Unilever Plc
The report has segmented the market on the basis on region, product type, distribution channel and packaging type.
Breakup by Product Type:
Breakup by Distribution Channel:
Breakup by Packaging Type:
Breakup by Region:
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