logo
logo
Sign in

Antiperspirants Market Key Driver, Industry Challenge, Trend 2024

avatar
Pradeep Zende

The global antiperspirants and deodorants market is expected to exhibit a strong 3.5% CAGR over the forecast period, according to the latest research report from Market Research Future (MRFR). The global antiperspirants and deodorants market is mainly propelled by the growing demand from the antiperspirants and deodorants market from younger demographics. Younger demographics around the world are getting more and more affluent due to the increasing job availability in emerging regions. This has resulted in an increasing demand from the antiperspirants and deodorants market, among others. Increasing attention being paid to personal hygiene by youth demographics is likely to be a major driver for the antiperspirants and deodorants market over the forecast period.

Competitive Analysis:

Leading players in the global Antiperspirants market include Church & Dwight Co. Inc., CavinKare Pvt. Ltd., Benetton Group SRL, Godrej and Boyce Manufacturing Company Limited, L’Occitane International S.A., Colgate-Palmolive Company, Avon Products Inc., L’Oreal S.A., Beiersdorf AG, Kao Corporation, Coty Inc., Unilever plc, the Procter & Gamble Company, Nike Inc., and Henkel AG & Co. KGaA.

Leading players in the antiperspirants and deodorants market are likely to focus on developing a wide range of products in the coming years. Having a range of smells in the bag is likely to emerge as a major market growth driver over the forecast period. Having a wide product range allows a company to attract a wider range of audiences. Due to this, significant development efforts are also likely to be undertaken in the global antiperspirants and deodorants market in order to come up with new and innovative smells.

Segmentation:

The global antiperspirants and deodorants market is segmented on the basis of form, distribution channel, and region.

By form, the global antiperspirants and deodorants market is segmented into sprays, roll-on, sticks, and others. The sticks segment accounted for the largest share in the market in 2018. However, sprays are likely to dominate the global antiperspirants and deodorants market over the forecast period.

Get a FREE Sample Copy of Report: https://www.marketresearchfuture.com/sample_request/7918

By distribution channel the market is segmented into store based and non-store based. Store-based distribution is likely to be the major revenue generator over the forecast period. The demand for online selling of antiperspirants and deodorants is also likely to be a major driver for the antiperspirants and deodorants market over the forecast period.

Regional Analysis:

Asia Pacific is expected to dominate the global antiperspirants and deodorants market over the forecast period due to the growing volume of demand in the region. The increasing disposable income of youth demographics in Asia Pacific is likely to be a major driver for the global antiperspirants and deodorants market over the forecast period. Countries such as India, China, Thailand, Indonesia, and Korea are likely to present the market with significant growth prospects over the forecast period. The increasing presence of major players in the Asia Pacific region is also likely to be a major driver for the Asia Pacific market over the forecast period. Strong prospects for antiperspirants and deodorants in urban centers in emerging APAC economies are likely to remain the major driver for the antiperspirants and deodorants market over the forecast period. Changing lifestyles of consumers and the increasing spending on new, innovative personal grooming products in Asia Pacific is likely to be a major driver for the antiperspirants and deodorants market in the region over the forecast period.

Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/antiperspirants-and-deodorants-market-7918

North America is also likely to hold a strong share in the antiperspirants and deodorants market over the forecast period due to the growing demand for antiperspirants and deodorants from youth as well as older demographics. Rising awareness about personal grooming and odor masking has resulted in a growing demand for antiperspirants and deodorants in North America. Rising demand for innovative smells and packaging is likely to be a major feature of the antiperspirants and deodorants market in North America over the forecast period.

Europe is also likely to be a major regional market for the global antiperspirants and deodorants market due to the strong growth in Western Europe.

Note: Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]

collect
0
avatar
Pradeep Zende
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more