New York, NY, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Antiperspirant and Deodorant Market by Function (Aerosol Spray, Cream, Roll-On, and Gel), by Ingredient (Alcohol, Antimicrobials, Conditioner & Moisturizer, Fragrances, Paraben & Propellants, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024”. According to the report, the global antiperspirant and deodorant market was valued at around USD 69,843 million in 2017 and is expected to reach approximately USD 92,707 million by 2024, at a CAGR of around 4.12% between 2018 and 2024.
Deodorants and antiperspirants are typically similar products but vary in their purpose and use. Antiperspirants regulate body odor and sweating in two steps. Initially, they stop sweat to get into the skin and then eradicate the microorganisms that cause body odor, as it comprises antimicrobial mediator as its key component. Deodorants are alcohol-based sprays that help in fighting body odor and use hops as antimicrobials. Antiperspirants are a subgroup of deodorants. Antiperspirants and deodorants both comprise elements that can regulate sweat and body fragrance carefully.
Browse through 35 Tables & 21 Figures spread over 110 Pages and in-depth TOC on “Global Antiperspirant and Deodorant Market: By Type, Size, Share, Applications, Manufacturers, Analysis and Forecast, 2017—2024”.
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The major factor likely to drive the global antiperspirant and deodorant market growth in the upcoming years is the growing demand for antiperspirants and deodorants, particularly by the youth population. The rapidly growing demand for deodorants and antiperspirants by women is anticipated to further boost the global antiperspirant and deodorant market in the future. Furthermore, it has been witnessed that deodorants are among the topmost product for everyday grooming by women buyers. Superior quality elements, eye-catching designs, and wrapping are some supplementary factors that are projected to further fuel the global antiperspirant and deodorant market over the forecast timeframe.
The global antiperspirant and deodorant market are segmented based on function and ingredient. Based on function, the antiperspirant and deodorant market is categorized into aerosol spray, cream, roll-on, and gel. Aerosol sprays are expected to dominate this global market due to their ease of use. On the basis of the ingredient, the global deodorant and antiperspirant market includes alcohol, antimicrobials, conditioner and moisturizer, fragrances, paraben and propellants, and others. The alcohol segment is anticipated to gain a significant value share over the forecast time period, owing to the growing need and demand for deodorants and antiperspirants that have a pleasant fragrance, are long-lasting, and have active antibacterial properties.
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By region, the global antiperspirant and deodorant market includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The North American antiperspirant and deodorant market is expected to grow substantially over the forecast time period, owing to increase market penetration and widespread use of deodorant and antiperspirant products. The presence of leading key players in this region, such as Henkel, Kao Corporation, L'Oréal, and Procter & Gamble, is likely to drive the region’s antiperspirant and deodorant market in the upcoming years.
In Europe, the antiperspirant and deodorant market is anticipated to be driven by the rising demand for deodorants as an everyday product for grooming, particularly by women buyers, in the future. Superior quality elements, eye-catching designs, and wrapping are some supplementary factors that are projected to further fuel the European antiperspirant and deodorant market over the forecast timeframe.
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The Asia Pacific antiperspirant and deodorant market is likely to be driven by rising health awareness and aspiration to stay and look fit to increase outdoor and sports activities. This, in turn, is likely to boost the antiperspirant and deodorant market in the Asia Pacific region. Another factor that is anticipated to drive this region’s antiperspirant and deodorant market in the upcoming years is the rising disposable income of the population, particularly in emerging countries, such as China and India.
In the Latin American and the Middle Eastern and African region, the antiperspirant and deodorant market is projected to show a sluggish growth over the forecast period. This can be attributed to the low need and demand for deodorants and antiperspirants in both the regions.
Browse the full “Antiperspirant and Deodorant Market by Function (Aerosol Spray, Cream, Roll-On, and Gel), by Ingredient (Alcohol, Antimicrobials, Conditioner & Moisturizer, Fragrances, Paraben & Propellants, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024” Report at https://www.zionmarketresearch.com/report/antiperspirant-and-deodorant-market
Some key players of the global antiperspirant and deodorant market, such as Unilever, Cavinkare, Adidas, Nike, Procter & Gamble, Godrej, and Garnier, among others.
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This report segments the global antiperspirant and deodorant market into:
Global Antiperspirant and Deodorant Market: Function Analysis
- Aerosol Spray
- Cream
- Roll-On
- Gel
Global Antiperspirant and Deodorant Market: Ingredient Analysis
- Alcohol
- Antimicrobials
- Conditioner and Moisturizer
- Fragrances
- Paraben and Propellants
- Others
Global Antiperspirant and Deodorant Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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