Antiperspirants and Deodorants Market: Segmented By Form Type (Spray, Roll-On, Sticks and others): By Ingredient (Alcohol, Aluminum Salts, Antimicrobials, Fragrance and Skin Conditioners and Others): By Function (Aerosol Sprays, Creams, Roll-on, and Gel): By Distribution (Online Retail, Pharmacy, Cosmetic Discounters, Department and Discount Stores): Global Analysis by Market size, share & trends for 2020-2021 and forecasts to 2031
Antiperspirants and Deodorants Market to surpass USD 99423.16 million by 2031 from USD 77170.7 million in 2021 at a CAGR of 2.57% within the coming years, i.e., 2021-31.
Antiperspirants and Deodorant is a personal sanitation product applied to the body to prevent body odor. Antiperspirant prevents sweating by reducing wetness on the skin where perspiration-causing bacteria boom. Antiperspirants target the odor of the body and reduce sweating by affecting sweat glands. Antiperspirants are mainly applied to the underarms of the body, on the other hand, Deodorants are sprayed to the feet and other body parts. Deodorants and Antiperspirants are mostly confused as similar produces, but they both are different and application and function. Antiperspirants control sweating and odor whereas Deodorants only prevent body odor but are unable to control sweat.
The broad expansion, with increased awareness of hygiene, should enhance to the demand for Antiperspirants and Deodorants. The rising demand for such a friendly and convenience product and rising Disposable income of consumers in emerging countries are making the growth during the timeframe.
Antiperspirants and Deodorants Market is segmented by Ingredient type Alcohol, Aluminum Salts, Antimicrobials, Fragrance and Skin Conditioners, and Others. The Aluminum segment is projected to lead the global market, thus restraining bacterial growth and body odor. Usage of Antiperspirants and Deodorants that contain aluminum salts leads to disposition of Aluminum salts over the pores.
Based on Function Type the market is categorized as Aerosol Sprays, Creams, Roll-on, and Gel. Aerosol Sprays is the largest as well as fastest-growing product segment driven by ease of use. Aerosol Sprays are estimated to dominate this global market due to their easiness of working conditions and availability.
Growing Demand Among Youth
Major factor that will likely to boost the Antiperspirants and Deodorants Market growth in the forecast period is the growing demand for Antiperspirants and Deodorants Market is mostly by youth population. The rising demand for Antiperspirants and Deodorants by women is also projected to further boost the growth. Furthermore, it has been observed that deodorants are among the topmost product for everyday grooming by women buyers. These factors drive the Antiperspirants and Deodorants Market high.
Increasing Population and Rise in Disposable Income
Increasing population with rising in disposable income in developing economies such as China and India is estimated to drive the deodorants and antiperspirants market globally. Increasing disposable income allows the consumer to spend more on luxury goods, Antiperspirants and Deodorants being one among them. From being non-essential goods, Antiperspirants and Deodorants have appeared out as an essential products in today’s era.
Use Of Chemicals
Increase in concern among customers regarding the possible health issues due to some ingredients used in Antiperspirants and Deodorants products could lower the demand for these goods. Growth in environmental concerns could also pose a challenge for the global Deodorant and Antiperspirants for the global Antiperspirants and Deodorants ingredient market.
The world market for Antiperspirants and Deodorants Market has been severely affected by the outbreak of the COVID19 pandemic. The suspension of industrial activity affected the Antiperspirants and Deodorants Market due to weak consumer confidence, store closures, and depletion of consumer incomes. Global GDP has changed consumer behavior and reduced demand for Sports Equipment. To curb the spread of the coronavirus, the governments of several countries have imposed travel restrictions that severely affect the supply of raw materials for coffee makers. The market is projected to resume its business after the end of the curbs-on movement.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Antiperspirants and Deodorants Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. North America is estimated to contribute the largest share of the Antiperspirants and Deodorants Market during the forecast period. Rise in health concerns of consumers in the emerging countries estimated to fuel the North America Antiperspirants and Deodorants Market.
|Market size value in 2021||USD 77170.7 million|
|Revenue forecast in 2031||USD 99423.16 million|
|Growth Rate||CAGR of 2.57% from 2021 to 2031|
|Base year for estimation||2021|
|Quantitative units||Revenue in USD million and CAGR from 2021 to 2031|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Segments covered||Foam Type, Ingredient, Distribution, Application, and Region|
|Region scope||North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA)|
|Key companies profiled||Avon, Shiseido, Unilever Company, AKZO Nobel, Avon, BASF, Firmenich, Givaudan, IFF, L’Oréal, Revlon, Procter & Gamble, Wacker Chemie|
The Antiperspirants and Deodorants Market size was estimated at USD 77170.7 million in 2021 and is expected to reach USD 99423.16 million by 2031
Key players: Avon, Shiseido, Unilever Company, AKZO Nobel, Avon, BASF, Firmenich, Givaudan, IFF, L’Oréal, Revlon, Procter & Gamble, Wacker Chemie
Aluminum Salt are anticipated to hold the largest Antiperspirants and Aerosol Sprays Market.
Growing Demand Among Youth and Increasing Population and Rise in Disposable Income.
Antiperspirants and Deodorant is a personal sanitation product applied to the body to prevent body odor. Antiperspirant prevents sweating by reducing wetness on the skin where perspiration-causing bacteria boom. Antiperspirants target the odor of the body and reduce sweating by affecting sweat glands. Antiperspirants are mainly applied to the underarms of the body, on the other hand, Deodorants are sprayed to the feet and other body parts.
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