Sales Revenue of Deodorants and Antiperspirants Market To Receive A Fillip Owing To Burgeoning Demand During Forecast Period 2022 – 2031 : FactMR

As per a revised report published by Fact.MR, the global deodorants and antiperspirants market is anticipated to exceed a valuation of US$ 25.7 Bn by 2021, and is expected to expand at a steady CAGR of around 5% over the forecast period of 2021 to 2031. Deodorants and antiperspirants are amongst the fastest-growing segments in the beauty & personal care industry. As these products serve the dual function of eliminating bad odor and imparting fragrance, a new breed of customers has been switching from perfumes to deodorants and antiperspirants. Taking advantage of this trend, manufacturers have started to position their products with more appealing fragrance.

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Key Market Segments Covered

  • By Product

    • Deodorants
      • Deodorant Aerosol Sprays
      • Deodorant Roll-Ons
      • Deodorant Sticks and Solids
      • Deodorant Creams & Wipes
    • Antiperspirants
      • Antiperspirant Aerosol Sprays
      • Antiperspirant Roll-Ons
      • Antiperspirant Sticks and Solids
      • Antiperspirant Gels
  • By Fragrance

    • Floral Deodorants and Antiperspirants
    • Fruity Deodorants and Antiperspirants
    • Warm Deodorants and Antiperspirants
    • Woody & Earthy Deodorants and Antiperspirants
    • Fragrance-free Deodorants and Antiperspirants
  • By Consumer Orientation

    • Deodorants and Antiperspirants for Women
    • Deodorants and Antiperspirants for Men
    • Unisex Deodorants and Antiperspirants
  • By Sales Channel

    • Deodorants and Antiperspirants Sold through Modern Trade
    • Deodorants and Antiperspirants Sold at Drug Stores
    • Deodorants and Antiperspirants Sold at Convenience Stores
    • Deodorants and Antiperspirants Sold at Beauty Stores
    • Online Retail of Deodorants and Antiperspirants
    • Other Sales Channels

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Key Takeaways from Market Study

  • In 2020, North America and Europe together generated around 69% share of global revenue.
  • Deodorants accounted for over 65% of the global market in 2020.
  • Based on fragrance, deodorants and antiperspirants with floral fragrance are anticipated to be the most lucrative with a BPS of around 219.
  • Deodorants and antiperspirants for women are expected to garner an absolute dollar opportunity of US$ 11.6 Bn during the projection period, the highest expected among others.
  • In 2020, the deodorants and antiperspirants market generated over 1/3 of its revenues through modern trade.
  • Tier-1 companies such as Unilever Plc, Procter & Gamble Company, Colgate Palmolive, and Henkel AG & Co. KGaA together accounted for more than 51% of global revenue in 2020.

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Key Country-wise Inclusions

  • US Deodorants and Antiperspirants Market
    • Canada Deodorants and Antiperspirants Markett Sale
    • Germany Deodorants and Antiperspirants Market Production
    • UK Deodorants and Antiperspirants Market Industry
    • France Deodorants and Antiperspirants Market
    • Spain Deodorants and Antiperspirants Market Supply-Demand
    • Italy Deodorants and Antiperspirants Market Outlook
    • Russia & CIS Market Analysis
    • China Deodorants and Antiperspirants Market Intelligence
    • India Deodorants and Antiperspirants Market Demand Assessment
    • Japan Deodorants and Antiperspirants Market Supply Assessment
    • ASEAN Deodorants and Antiperspirants Market Scenario
    • Brazil Deodorants and Antiperspirants Market Sales Analysis
    • Mexico Deodorants and Antiperspirants Market Sales Intelligence

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