Deodorant and Antiperspirant Market Was Valued at US$ 29121.00 Mn in 2021 - Coherent Market Insights

Global Deodorant And Antiperspirant Market is estimated to be valued at US$ 29121.00 Million in 2021, according to the Global Deodorant And Antiperspirant Market Report, By Product Type ((Antiperspirant (Aerosol, Sticks or Solid Antiperspirants, and Roll on) and Deodorant (Aerosol, Sticks or Solid Antiperspirants, Roll On, and Cream & Wipe Deodorants)), By Region (North America, Latin America, Asia Pacific, Europe, Middle East & Africa), published by Coherent Market Insights.

Global deodorant and antiperspirant market was valued at US$ 29121.00 Million in 2021. Deodorant and antiperspirant market is expected to register a CAGR of 5.67 % over the forecast period (2022–2030), to reach US$ 47756.10 Million by 2030.

Deodorant and antiperspirants are used to control body odor. They are classified into personal care products are widely used around the globe for control the growth of bacteria and body sweat. Deodorant helps in reducing unpleasant body odor and antiperspirant helps in reducing the perspiration through the use of a pore-blocking agent.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/deodorant-and-antiperspirant-market-4690

 Key Trends and Analysis of the Global Deodorant and Antiperspirant Market:

• Aluminum-free deodorant and antiperspirant products along with skin nourishment products are gaining traction in the market. This ongoing trend is playing a significant role in developing the market growth of the deodorant and antiperspirant. For instance, in January 2019, Dove announced the launch of its first aluminum-free deodorant. The new line, comes in four scents (Pomegranate & Lemon Verbena, Cucumber & Green Tea, Coconut & Pink Jasmine, and Blue Fig & Orange Blossom).
• Increasing disposable income of consumers coupled with the improving lifestyle of consumers of developing regions is contributing to the deodorant and antiperspirant market growth. Increasing urban population is another major factor augmenting the demand for personal care products such as deodorant and antiperspirant.

Key Takeaways of the Global Deodorant and Antiperspirant Market:

• Global deodorant and antiperspirant market was valued at US$ 29121.00 Million in 2021. Deodorant and antiperspirant market is expected to register a CAGR of 5.67 % over the forecast period (2022–2030), to reach US$ 47756.10 Million by 2030.
• New product launches, merger & acquisitions, strategic partnership, expansion, and research & development activities for the For instance, Nivea Whitening deodorant, a popular brand marketed by Beiersdorf, consists of Cyclomethicone to provide skin smoothening and whitening effects. Thus, the introduction of such high-quality ingredients in deodorants and antiperspirants is augmenting the market growth.