Global Deodorant Active Ingredients Market, Trends & Growth Opportunity, By Product Type (Roll-ons, Aerosols, Sticks & solids), By Ingredients (Alcohol, Antimicrobials, Aluminium, Paraben & Propellants, Fragrances, Base & Carrier Substances, Conditioners & Moisturizers, others), By Region and Forecast Till 2030.
Report ID : IR1001994 | Industries : Chemicals & Materials | Published On :June 2024 | Page Count : 240
Global Deodorant Active Ingredients Market, Trends & Growth Opportunity, By Product Type (Roll-ons, Aerosols, Sticks & solids), By Ingredients (Alcohol, Antimicrobials, Aluminium, Paraben & Propellants, Fragrances, Base & Carrier Substances, Conditioners & Moisturizers, others), By Region and Forecast Till 2030.
Global Deodorant Active Ingredients Market
The global deodorant active ingredients market was valued at USD 1.88 Bn in 2022 and is expected to expand to USD 3.40 Bn by 2030 at a CAGR of 5.46% during the forecast period 2023-2030.
Deodorants are personal grooming products that help manage, mask, or remove bad odor from the body. In recent years, awareness about personal hygiene is on the rise. People tend to sweat and emit odor with increased physical activity. The ingredients in a deodorant perform different functions. But people are cautious about the kind of ingredients that deodorants contain, as some ingredients are known to cause harm with long-term use.
Market Drivers
Rising awareness of personal hygiene and the availability of a broad range of products that can suit a variety of individual needs are the primary drivers of the deodorant active ingredients market. Deodorants provide a quick and easy way to address the problem of bad odor. This has incentivized many to choose deodorants over perfumes, which are costlier and last fewer hours. But a single application of deodorants is known to last for long hours.
Market Restraints
The harmful ingredients in deodorants are likely to impede their market growth. Many are aware of the harmful effects of ingredients, such as parabens and aluminium on the human body. This will lead to more and more people giving up certain deodorants in favor of more natural ones. Thus, the market for a few deodorant ingredients will significantly impede during the forecast period. However, the market for natural ingredients will rise.
Market Segmentation
The global deodorant active ingredients market is segmented by product types, such as roll-ons, aerosols, and sticks & solids. Further, the market is segmented by ingredients, such as alcohol, antimicrobials, aluminium, paraben & propellants, fragrances, base & carrier substances, conditioners & moisturizers, and others.
Regional Analysis
The North American market for deodorant active ingredients will hold a major share throughout the forecast period. The availability of a variety of deodorants, as well as the presence of natural deodorants with skin-friendly active ingredients will keep the region’s share ahead of the rest.
Europe and Asia Pacific are to witness significant growth during the projection period. With countries like Germany in Europe, and South Korea in Asia leading the personal care market, the introduction of a new range of products to fit the changing consumer preferences will help the growth of the active ingredients market.
Key Players
L’Oreal S.A., Unilever, Procter and Gamble, Avon Products Inc, CavinKare, Godrej Group, Beiersdorf AG, Estée Lauder Companies, Henkel AG & Co. KGaA, Adidas AG.
Market Taxonomy
By Product Type
• Roll-ons
• Aerosols
• Sticks & solids
By Ingredients
• Alcohol
• Antimicrobials
• Aluminium
• Paraben & Propellants
• Fragrances
• Base & Carrier Substances
• Conditioners & Moisturizers
• Others
By Region
• North America (USA, Canada, Mexico)
• Europe (Germany, France, UK, Rest of Europe)
• Asia Pacific (China, India, Japan, Rest of Asia Pacific)
• Latin America (Brazil, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa)
Global Deodorant Active Ingredients Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Deodorant Active Ingredients Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Deodorant Active Ingredients Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Deodorant Active Ingredients Market Share Analysis, By Product Type
5.3 Global Deodorant Active Ingredients Market Size and Forecast, By Product Type
5.3.1 Roll-ons
5.3.2 Aerosols
5.3.3 Sticks & solids
6 Global Deodorant Active Ingredients Market, By Ingredients
6.1 Y-o-Y Growth Comparison, By Ingredients
6.2 Global Deodorant Active Ingredients Market Share Analysis, By Ingredients
6.3 Global Deodorant Active Ingredients Market Size and Forecast, By Ingredients
6.3.1 Alcohol
6.3.2 Antimicrobials
6.3.3 Aluminium
6.3.4 Paraben & Propellants
6.3.5 Fragrances
6.3.6 Base & Carrier Substances
6.3.7 Conditioners & Moisturizers
6.3.8 Others
7 Global Deodorant Active Ingredients Market, By Region
7.1 Global Deodorant Active Ingredients Market Share Analysis, By Region
7.2 Global Deodorant Active Ingredients Market Size and Forecast, By Region
8 North America Deodorant Active Ingredients Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Deodorant Active Ingredients Market Share Analysis, By Product Type
8.3 North America Deodorant Active Ingredients Market Size and Forecast, By Ingredients
8.4 North America Deodorant Active Ingredients Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Deodorant Active Ingredients Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Deodorant Active Ingredients Market Share Analysis, By Product Type
9.3 Europe Deodorant Active Ingredients Market Size and Forecast, By Ingredients
9.4 Europe Deodorant Active Ingredients Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Deodorant Active Ingredients Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Deodorant Active Ingredients Market Share Analysis, By Product Type
10.3 Asia Pacific Deodorant Active Ingredients Market Size and Forecast, By Ingredients
10.4 Asia Pacific Deodorant Active Ingredients Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia
11 Latin America Deodorant Active Ingredients Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Deodorant Active Ingredients Market Share Analysis, By Product Type
11.3 Latin America Deodorant Active Ingredients Market Size and Forecast, By Ingredients
11.4 Latin America Deodorant Active Ingredients Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East Deodorant Active Ingredients Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Deodorant Active Ingredients Market Share Analysis, By Product Type
12.3 Middle East Deodorant Active Ingredients Market Size and Forecast, By Ingredients
12.4 Middle East Deodorant Active Ingredients Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Egypt
15.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market Share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 L’Oreal S.A.
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Unilever
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Procter and Gamble
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Avon Products Inc
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 CavinKare
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Godrej Group
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Beiersdorf AG
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Estée Lauder Companies
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Henkel AG & Co. KGaA
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Adidas AG
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies