Deodorant and Antiperspirant Ingredients: Introduction

  • Deodorant and antiperspirant ingredients control sweating and body odor. They consist of fragrance carriers and anti-microbial agents. These ingredients provide increased shelf life, moisture, and many more benefits to products. They are widely used to prevent bacterial breakdown and control body sweat. Manufacturers are focusing on introducing innovative products to capture a larger share of the market. Demand for deodorant and antiperspirant ingredients is increasing, as consumption of personal care products and disposable of the people are rising.

Key Drivers and Restraints of Global Deodorant and Antiperspirant Ingredients Market

  • The global deodorant and antiperspirant ingredients market is largely driven by the rise in demand for deodorant and antiperspirant products among the youth. The new and innovative ingredients, and lower cost of these products compared to other substitutes are factors boosting the global deodorant and antiperspirant ingredients market. Consumers are increasingly using deodorants and antiperspirants due to the usage of high-quality ingredients, new technologies, and attractive packaging.
  • Increase in concerns among consumers regarding the possible health issues due to some ingredients used in deodorant and antiperspirant products could lower the demand for these products. Growth in environmental concerns could also pose a challenge for the global deodorant and antiperspirant ingredients market.

Deodorant and Antiperspirant Ingredients: Type Segment

  • In terms of type, the global deodorant and antiperspirant ingredients market can be segmented into alcohol, fragrance, anti-microbial, aluminum salt, and others
  • The alcohol segment is expected to account for significant share of the global deodorant and antiperspirant ingredients market during the forecast period. It is anticipated to be followed by the fragrance segment.
  • The anti-microbial segment is likely to expand at a rapid pace during the forecast period, due to the expansion of the personal care products industry around the globe

Deodorant and Antiperspirant Ingredients: Product Segment

  • In terms of product, the global deodorant and antiperspirant ingredients market can be divided into aerosol spray, roll-on, stick/gels, and others
  • The aerosol spray segment is estimated to expand at a rapid pace during the forecast period. It is projected to be followed by the roll-on segment.
  • The stick/gels segment is likely to expand at a healthy CAGR during the forecast period, owing to the increase in usage of convenient products

COVID-19 Impact on Deodorant and Antiperspirant Ingredients Market

  • On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 213 countries and territories around the world.
  • Several governments and private sector businesses are operating at a limited capacity or have ceased operations completely due to recent events surrounding the COVID-19 pandemic
  • Manufacture of various consumer goods and other products across the globe has come to a halt due to the unavailability of raw materials, shortage of labor, etc. This is expected to hamper the deodorant and antiperspirant ingredients market.

Europe to Dominate Deodorant and Antiperspirant Ingredients Market

  • In terms of region, the global deodorant and antiperspirant ingredients market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Europe dominated the deodorant and antiperspirant ingredients market in 2020. This trend is anticipated to continue during the forecast period owing to the higher consumption of fragrance products in the region. The deodorant and antiperspirant ingredients market in Asia Pacific is anticipated to expand at a rapid pace owing to the increase in demand for deodorant and antiperspirant ingredients among the young population in emerging countries such as India.

Key Manufacturers Operating in Global Deodorant and Antiperspirant Ingredients Market

The global deodorant and antiperspirant ingredients market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global deodorant and antiperspirant ingredients market include:

  • Unilever Company
  • Shiseido
  • AkzoNobel
  • Avon
  • BASF
  • Firmenich
  • Givaudan
  • IFF
  • L’Oreal
  • Procter & Gamble
  • Revlon
  • Wacker Chemie

Global Deodorant and Antiperspirant Ingredients Market: Research Scope

Global Deodorant and Antiperspirant Ingredients Market, by Type

  • Alcohol
  • Fragrance
  • Anti-microbial
  • Aluminum Salt
  • Others

Global Deodorant and Antiperspirant Ingredients Market, by Product

  • Aerosol Spray
  • Roll-on
  • Stick/Gels
  • Others

Global Deodorant and Antiperspirant Ingredients Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
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  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Deodorant Antiperspirant Ingredients Market