Deodorants Market Research Report on Strategies and Future Growth Factors with Competitive Analysis Report till 2022

Dublin, Ireland, 2018-Jul-19 — From being non-essential products, deodorants have emerged as an important part of daily lives of people, especially in the developed and developing economies. The demand for deodorants based on natural ingredients are gaining significant traction among consumers. A recent report by Fact.MR provides in-depth analysis of the global deodorants market for the forecast period 2017-2022, and offers key insights about future market direction. To Understand the Deodorants Market Industry Status worldwide, FactMR has included the latest Forecast report titled “Deodorants Market Research Report on Strategies and Future Growth Factors with Competitive Analysis Report till 2022: Deodorants Market in Middle East & Africa (MEA) will register the highest CAGR through 2022”, to its vast database.

The scope of FactMR’s report is to analyze the global deodorants market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Deodorant manufacturers, stakeholders, and suppliers in the global market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to products of deodorants.

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Deodorants are basically used to avoid odor from sweating of the body. In 1888, the first commercial deodorant, Mum – was invented and patented in Philadelphia (Pennsylvania) by an American inventor. Synthetic deodorants may cause irritation and encourage sensitization owing to components of the antiperspirant. This has necessitated the development of natural deodorants in order to eliminate the health-related side effects.

Consumers around the world are seeking deodorants with high performance and versatility, according to their requirements which range from basic fragrances to gaining specific beauty benefits. With youth-oriented products and celebrity scents gaining higher traction among consumers, deodorants have become an essential part of the people’s daily life. Manufacturers of fragrance products are utilizing a wide range of attractive designs, premium quality ingredients, and packaging in order to boost their product portfolio. These manufacturers are inclining their focus from metro cities to explore other markets which have huge potential for growth, with launches of a variety of affordable deodorants. In addition, rising living standards of people across developing economies, coupled with their fast-paced lifestyle have resulted into rapid adoption of personal care products, and thereby deodorants. These factors are expected to augment growth of the global deodorants market in the near future.

The global deodorants market is projected to witness an impressive expansion at 7.1% CAGR during the forecast period 2017 to 2022, according to a recent study by Fact.MR. Consumers across the globe are changing their lifestyle, and adopting different fragrances of deodorants. Exponential growth in demand for deodorants has been witnessed over the past few years, owing to robust adoption by female population in their daily grooming regime. In terms of revenues, the global market for deodorants is expected to surpass US$ 30,000 Mn by 2022-end.

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Hypermarkets are projected to remain dominant distribution channels for deodorants in the global market. Revenue from sales of deodorants in hypermarkets will continue to account for the largest share of the market throughout the forecast period. However, sales of deodorants through online distribution channels will register the fastest expansion through 2022.

Europe to Remain the Largest Market for Deodorants

Europe will continue to be the largest market for deodorants, in terms of revenues. The deodorants market in Europe is estimated to account for largest share of the market during the forecast period. Asia-Pacific excluding Japan (APEJ) is expected to be the second most lucrative region for growth of the deodorants market by 2022-end. In addition, sales of deodorants in Middle East & Africa (MEA) will register the highest CAGR through 2022.

Competition Tracking

Unilever PLC., The Procter & Gamble Company, Lion Corporation, Henkel AG & Co. KGaA, Colgate-Palmolive Company, Church & Dwight Co., Inc., CavinKare Pvt. Ltd., Beiersdorf Aktiengesellschaft, Avon Products, Inc., and Adidas AG are profiled as leading deodorants market players expected to remain active during the forecast period.

Table of Contents

Chapter 1. Global deodorants Market – Executive Summary. 11

Chapter 2. Global deodorants Market Overview. 13

2.1. Introduction. 13

2.1.1. Global deodorants Market Taxonomy. 13

2.1.2. Global deodorants Market Definition. 13

2.2. Global deodorants Market Size (US$ Mn) and Forecast, 2012-2022. 14

2.2.1. Global deodorants Market Y-o-Y Growth. 14

2.3. Global deodorants Market Dynamics. 14

2.3.1. Drivers. 14

2.3.2. Restraints. 14

2.3.3. Trends. 15

2.4. Supply Chain. 15

2.5. Cost Analysis. 15

2.6. List of Distributors. 15

2.7. Average Pricing Analysis. 15

2.8. Raw Material Sourcing Strategy and Analysis. 15

2.9. Key Participants Market Presence (Intensity Map) By Region. 16

Continued……………………

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