sujeet. imarcgroupGlobal Deodorants Industry: Key Statistics and Insights in 2024-2032
Deodorants Industry
Summary:
- The global deodorants market size reached USD 28.6 Billion in 2023.
- The market is expected to reach USD 41.2 Billion by 2032, exhibiting a growth rate (CAGR) of 4% during 2024-2032.
- Europe leads the market, accounting for the largest deodorants market share.
- Spray accounts for the majority of the market share in the product type segment due to their ease of application, quick-drying nature, and wide range of available fragrances.
- Supermarkets and hypermarkets hold the largest share in the deodorants industry.
- Plastic remains a dominant segment in the market.
- The rise in awareness about personal hygiene is a primary driver of the deodorants market.
- The increasing demand for compact, travel-friendly products is reshaping the deodorants market.
Industry Trends and Drivers:
- Rising Awareness of Personal Hygiene:
The growing awareness about personal hygiene is driving the demand for deodorants. As people become more health-conscious and concerned about body odor, they are increasingly seeking effective products to maintain cleanliness and freshness throughout the day. This heightened focus on hygiene is particularly notable in urban areas, where hectic lifestyles and social engagements necessitate personal grooming products. Additionally, campaigns and endorsements by healthcare organizations are helping spread awareness regarding the importance of using deodorants, making them a staple in daily grooming routines. The availability of a wide range of products catering to different skin types and preferences, including natural and organic options, further enhances their appeal.
- Product Innovation and New Fragrance Offerings:
The market is also driven by continuous product innovation. Brands are launching new variants with improved formulas, extended protection, and unique scents to attract a diverse user base. The inclusion of long-lasting fragrance technology, anti-stain properties, and skin-friendly ingredients are key trends. Deodorant manufacturers are increasingly targeting niche segments, such as eco-conscious consumers or those with sensitive skin, offering aluminum-free and hypoallergenic products. The introduction of gender-specific deodorants, which cater to distinct fragrance and packaging preferences, is supporting the market growth. These innovations enhance the overall customer experience, encouraging brand loyalty.
- Increasing Demand for Convenient and Travel-friendly Formats:
The rising demand for compact, travel-friendly products is bolstering the market growth. Individuals, especially frequent travelers and busy professionals, prefer deodorants that are easy to carry and use on-the-go. This demand is leading to the development of smaller-sized deodorants, sprays, and roll-ons that fit conveniently in bags or pockets. Additionally, brands are offering deodorant wipes and creams, which offer similar benefits while being more portable. These convenient formats cater to the needs of active users, ensuring freshness and confidence throughout the day without the hassle of carrying full-sized products.
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Deodorants Market Report Segmentation:
Breakup By Product Type:
- Sprays
- Roll-On
- Creams
- Gels
- Wipes
- Sticks
- Others
Spray represents the largest segment due to their ease of application, quick-drying nature, and wide range of available fragrances.
Breakup By Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Pharmacies
- Online Stores
- Others
Supermarkets and hypermarkets account for the majority of the market share as they offer a broad selection of brands and products, providing consumers with convenience and competitive pricing.
Breakup By Packaging Type:
- Metal
- Plastic
- Others
Plastic holds the biggest market share because it is lightweight, durable, and cost-effective for mass production and transportation.
Breakup By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Europe’s dominance in the deodorants market is attributed to the high user demand for personal care products and a strong focus on grooming and hygiene.
Top Deodorants Market Leaders:
The deodorants market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
- Adidas AG
- Avon Products Inc. (Natura & Co.)
- Beiersdorf AG (maxingvest ag)
- Cavinkare Private Limited
- Church & Dwight Co. Inc.
- Colgate-Palmolive Company
- Estée Lauder Companies
- Godrej Consumer Products Limited
- Henkel AG & Co. KGaA
- Lion Corporation
- L’Oréal
- The Procter & Gamble Company
- Unilever Plc
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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