Global Market Study on Deodorant and Antiperspirant Ingredients: Demand for Natural Fragrances to Witness Incline

Report Highlights

Deodorant and Antiperspirant Ingredients Market: Report Scope

This Persistence Market Research report examines the ‘Global Deodorant and Antiperspirant Ingredients Market’ for the period 2021-2031. The primary objective of the report is to offer updates on the advancements in the deodorant and antiperspirant ingredients industry, examine new products and business strategies undertaken by the various manufacturing companies, which are significantly transforming the global market.

This study analyses, estimates, and forecasts volume (MT) and value (US$) from the demand as well as supply perspective for the forecast period 2021–2031. The report also highlights the impact of various drivers and restraints in various regions, along with their impact during the forecast period.

The report starts with an overview of deodorant and antiperspirant market and is categorically split on the basis of product type, Ingredients, and geographies. Furthermore, the report covers the global deodorant and antiperspirant ingredients market performance in terms of value and volume based on each ingredient type, product type, region type, as well as key countries in this region.

Impact analysis of key growth drivers and restraints, based on the weighted average model is included in the report to better equip and arms clients with crystal clear decision-making insights.

Demand for deodorant and antiperspirant products is increasing significantly, especially among youngsters. Exponential growth in demand for deodorant and antiperspirant product by female consumers has been reported over the past few years, and it has also been observed that deodorant is one of the top five products used in daily grooming routines by female consumers.

Moreover, premium quality ingredients, attractive designs, and packaging are further driving deodorant and antiperspirant sales, thus driving demand for ingredients. Due to these factors, deodorant and antiperspirant ingredients are expected to reflect a significant increase in demand in the near future.

Five major types of deodorant and antiperspirant product types covered in this report include aerosol, roll-on, creams & wipes, and sticks & solids. By deodorant product type, the market is segmented into aerosol deodorants, roll-on deodorants, and creams & wipes deodorants, sticks & solids deodorants, and others.

By antiperspirant product type, the market is segmented into aerosol antiperspirant, roll on antiperspirant, sticks & solids antiperspirant and others.

Considering the Ingredients aspect, the global deodorant and antiperspirant market is segmented into alcohol, aluminum, antimicrobials, base/ carrier substances, conditioner & moisturizer, fragrances, parabens & propellants, and others. Among the aforementioned segments, alcohol ingredient segment is expected to dominate the global market.

Increasing demand for deodorant and antiperspirant products with long lasting protection, fragrance, and effective antibacterial activity is expected to further propel the demand for this ingredient.

On the basis of region, Europe dominated the global deodorant and antiperspirant ingredients market in 2021 in terms of revenue contribution, followed by North America and Asia-Pacific. Europe is expected to continue its dominance.

The report provides market revenue and volume for each application segment under each geographical segment, as well as a country segment.

The global deodorant and antiperspirant ingredients market in terms of regions, application and product type are analyzed in terms of Basis Point Share to understand relative contribution by individual segments to market growth. This detailed level of information is important for identifying various key trends of the global deodorant and antiperspirant ingredients market.

All the above sections, by product type, ingredients, and geography provide the present scenario and the growth prospects of the global deodorant and antiperspirant ingredients market for the period 2021 to 2031. Given the characteristics of the market, we triangulated the outcome of three different types of analyses, based on the supply side, consumer spending, and economic envelope.