What is a Deodorant?
Deodorant is one of the most important personal care products used by a consumer on a daily basis which is applied on the body to prevent body odor. Deodorants have antimicrobial agents that prevent body odor. As the consumers are increasingly opting for products that contain natural ingredients, deodorant manufacturers are reformulating the products to cater to their needs. Manufacturers are augmenting the basic functions of deodorants by adding antiperspirant and skin lightening features to it. Eco-friendly deodorants are to become the new go-to format for the industry.
Global Deodorant Market Competitive Landscape
The “Global Deodorant Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Avon Products, Beiersdorf, Colgate-Palmolive, Henkel, P&G, Unilever, and other prominent vendors. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Global Deodorant Market Outlook
In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
The Deodorant market is in high demand in developed regions like America and Western Europe. North America has the largest market of deodorant followed by the Asia Pacific. Key factors driving the growth of the segment are increased concern about hygiene among consumers, daily grooming routines among teenagers and white professionals and the need for multifunctional deodorants.
Exponential growth in demand of deodorants by female consumers is recorded in past few years. However, concerns related to toxicity of chemicals used in deodorants and their environmental impact are major restraining factors in the growth of the deodorant market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Deodorant Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Global Deodorant Market, By Type
• Roll on
Global Deodorant Market, By Channel
• Specialty Stores
• Drug stores/Pharmacies
Global Deodorant Market, By Geographic Scope
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia Pacific
• Latin America
• Rest of the World