Market has shown an exceptional penetration in countries such as the Brazil, Mexico and Argentina. Increased carbon emissions and fuel consumption is increasing the penetration in developed countries. In developing countries rising concern from government institutions towards releasing of CFCs from deodorants is creating opportunity for the Latin America deodorant market. s
According to Data Bridge Market Research the market for deodorants in Brazil has the highest market share followed by Mexico and Argentina as in Brazil the consumers are investing high amount of money on their personal care products. Market leader Church & Dwight Co., Inc accounts an estimated market share of approximately 10% to 12% in the Latin America. The company has gained outstanding sale through their product showcase programs in Brazil and Mexico. The company is engaged in manufacturing consumer packaged goods and leader in household consumer products and personal care industry increases its year on year revenue by 10%.
Trends Impacting the Market
Now the question is which other regions Church & Dwight Co., Inc, Wipro Limited and Colgate-Palmolive Company are targeting? Data Bridge Market Research has forecasted a large growth in Latin America deodorant market and the market leaders targeting Chile and Argentina o be their next revenue pockets for 2020.
The deodorants market is becoming more competitive every year with companies such as Church & Dwight Co., Inc, Wipro Limich and Colgate-Palmolive Company which are the market leaders for deodorants. The Data bridge market research new reports highlight the major growth factors and opportunities in the deodorant market.
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Latin America Deodorant Market is segmented on the basis of countries into Brazil, Argentina, Mexico, Chile and Rest of Latin America.
All country based analysis of the deodorant market is further analyzed based on further segmentation on the basis of type, the market is segmented into aerosol deodorant, roll-on deodorant, gel deodorant, invisible solid deodorant, solid deodorant, crystal deodorant, wipes deodorant, antiperspirant deodorant, unscented deodorant, stick deodorant and others. On the basis of ingredients, the market is segmented into alcohol, antimicrobials, paraben and propellants, glycol, oils, fragrance, natural ingredient, powder and others. On the basis of distribution channel, the market is segmented into discounters, e-commerce, departmental stores, supermarkets/hypermarkets, convenience stores, drug stores / pharmacies, warehouse clubs and other and on the basis of gender, the market is segmented into women, men, unisex and kids.
The deodorants are used to remove the body odor and sweat and keep the body clean and tidy. Increased concern towards harmful CFCs gases which is released from deodorants is raising the government concern and will impact the market on a wider range. Thus, market is witnessing strong products offering with improved market coverage.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report to know about more and exhaustive list of deodorants formula companies contact us https://www.databridgemarketresearch.com/toc/?dbmr=latin-america-deodorant-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
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, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Latin America Deodorant Market – Industry Trends and Forecast to 2027