Deodorants are versatile personal care products with multiple applications. They primarily combat body odor by inhibiting bacterial growth and neutralizing unpleasant smells. The advantages of deodorants include long-lasting freshness, sweat absorption, and skin protection. They often feature pleasant fragrances, providing a pleasant scent throughout the day. Some deodorants offer additional benefits like antiperspirant properties to control sweat, moisturizing effects for skin hydration, and hypoallergenic formulas for sensitive skin. Overall, deodorants enhance personal hygiene, confidence, and a sense of freshness.
According to Data Bridge Market Research, the Asia-Pacific Deodorant Market is USD 29,268.39 million in 2021 and is expected to reach USD 46,298.46 million by 2029. The market is expected to grow with a CAGR of 5.9% in the forecast period of 2022 to 2029.
“High requirement of deodorants amongst population boosts the market’s growth”
The high demand for deodorants among the population has significantly fueled the growth of the deodorant market. This increased requirement can be attributed to several factors, including rising awareness of personal hygiene, changing lifestyles, and the desire to combat body odor. Additionally, deodorants have become a daily essential for many individuals, contributing to sustained market growth. The expanding consumer base and the introduction of innovative products and fragrances have further stimulated the deodorant market's upward trajectory.
What restraints the growth of the Asia-Pacific Deodorant Market?
“High costs associated with manufacturing and marketing deodorant products restraints the market’s growth”
The growth of the deodorant market is hindered by the high costs associated with manufacturing and marketing deodorant products. These costs include raw materials, packaging, research and development, advertising, and distribution expenses. The increased production and operational costs ultimately translate into higher retail prices for consumers. As a result, some individuals may be deterred from purchasing deodorants due to affordability concerns. This price sensitivity can limit market expansion and impede the overall growth potential of the deodorant industry.
Segmentation: Asia-Pacific Deodorant Market
The Asia-Pacific deodorant market is segmented on the basis of product type, distribution channel, packaging material and end user.
- On the basis of product type, the deodorant market has been segmented into spray, creams, roll-on and others.
- On the basis of distribution channel, the deodorant market has been segmented into supermarkets/hypermarkets, convenience stores, pharmacies and drug stores, online retail and others.
- On the basis of packaging material, the deodorant market has been segmented into metal, plastic and others.
- On the basis of end user, the deodorant market has been segmented into men, women and others.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/asia-pacific-deodorant-market
The Prominent Key Players Operating in the Asia-Pacific Deodorant Market Include:
- Unilever (U.K.)
- Procter & Gamble (U.S.)
- Henkel AG & Co. KGaA (Germany)
- L'Oréal (France)
- Beiersdorf (Germany)
- group.loccitane (France)
- AVON PRODUCTS (U.K.)
- Elsa's Skincare (U.S.)
- SPEICK Natural Cosmetics (Germany)
- Weleda (Switzerland)
- Laverana GmbH & Co. KG (Germany)
- EO Products (U.S.)
- Indus Valley (India)
- Lavanila (U.S.)
- Sebapharma GmbH & CO. KG (Germany)
- Calvin Klein (U.S.)
- Burberry plc (U.K.)
- REVLON (U.S.)
- Dior (France)
- Giorgio Armani S.p.A (Italy)
Above are the key players covered in the report, to know about more and exhaustive list of Asia-Pacific deodorant market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Asia-Pacific Deodorant Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Asia-Pacific vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
