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Deodorant Market Trends

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Report ID: 4151
Published Date: Aug 12, 2024
Report Format: PDF, PPT

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Deodorant Market Trends

Growth Drivers

Rising temperature and unhealthy lifestyle, leading to body odor
Growing demand and trends for scented products

Challenges

Products created with unfiltered chemical toxicity, leading to allergic reactions
Availability of counterfeit products
High cost of fragrant products, refraining price-conscious consumers from buying more

Deodorant Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	12.2%
Base Year Market Size (2023)	USD 25.74 billion
Forecast Year Market Size (2036)	USD 114.95 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Deodorant Market Size & Share, Growth Trends 2036

Author Credits: Parul Atri

Report ID: 4151
Published Date: Aug 12, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of deodorant is estimated at USD 28.25 billion.

Deodorant Market size was valued at USD 25.74 billion in 2023 and is poised to cross USD 114.95 billion by 2036, registering more than 12.2% CAGR during the forecast period i.e., between 2024-2036. Rising temperature and unhealthy lifestyle, leading to body odor, and growing popularity and trend for fragrances especially among young population will impel the market growth.

North America industry is anticipated to dominate majority revenue share by 2036, as manufacturers in the region deliver technologically advanced formulations and innovative packing concepts that attract consumers, who feel more empowered using them.

The major players in the market are Avon, Beiersdorf AG, Armani beauty (Giorgio Armani S.p.A), Calvin Klein, Unilever, L'Occitane International SA, Christian Dior (LVMH MoÃƒÂ«t Hennessy - Louis Vuitton), Procter & Gamble, Colgate-Palmolive Company, and others.

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