Deodorant and Antiperspirant Ingredients Market to Observe Strong Development by 2026
The
deodorant and antiperspirant ingredients control sweating and body
odor. The deodorant and antiperspirant ingredients consist fragrance,
carriers, and anti-microbial agents. These ingredients provide
increased shelf life, moisture, and many more benefits. They are
widely utilized to prevent bacterial breakdown and control body
sweat. =Manufacturers are focusing on introducing innovative
products, to capture a larger share of the market. The demand for
deodorant and antiperspirant ingredients is increasing as consumption
of for personal care products and spend ability of people is rising.
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Report Overview @
An
upcoming Transparency Market Research report aims to present in-depth
information on the current and future trends of the global deodorant
and antiperspirant ingredients market. It would enable key
stakeholders in the market to gain proper insights into the growth
drivers and deterrents. The report would also provide a peek into the
competitive dynamics along with the opportunities and pitfalls in the
global deodorant and antiperspirant ingredients market.
Global
Deodorant and Antiperspirant Ingredients Market: Drivers &
Restraints
The
global deodorant and antiperspirant ingredients market is largely
driven by the growing demand of deodorant and antiperspirant products
among youth. The new and innovative ingredients, and lower cost of
these products compared to other substitutes are some factors
boosting the global deodorant and antiperspirant ingredient market.
Due to the usage of high-quality ingredients, new technologies, and
attractive packaging consumers are shifting to deodorants and
antiperspirants.
Deodorants
and antiperspirants contribute highest in terms of demand and share
the global deodorant and antiperspirants market as compared to other
product types. In terms of ingredients, alcohol accounted for the
largest market share in the global deodorant and antiperspirant
ingredients market. It is also anticipated to expand at a significant
rate in forthcoming years.
However,
growing concerns among consumers regarding possible health issues due
to some ingredients used in deodorant and antiperspirant products
could lower the demand. Moreover, growing environmental concerns
could also pose a challenge for the growth of the global deodorant
and antiperspirant ingredients market.
Nevertheless,
increase in urbanization and changes in lifestyle are expected to
create lucrative opportunities in the future.
Global
Deodorant and Antiperspirant Ingredients Market: Geographical Outlook
The
regional dynamics of the global travel retail market reveals that
Europe dominated the global deodorant and antiperspirant ingredient
market, followed by North America and Asia-Pacific. Europe is
expected to remain the dominant market with large revenue share
throughout the forecast period. Moreover, the efforts are made by the
investors of chemical and material sector of various regions to
introduce new fragrance with various quality. Growing urban and young
population are increasing the demand in Asia Pacific, which is also
expected to boost the market.
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Global
Deodorant and Antiperspirant Ingredients Market: Competitive
Landscape
The
global deodorant and antiperspirant ingredients market mark the
presence of top players such as Unilever Company, Procter &
Gamble, L’Oreal Company, Avon Product Inc., and Shiseido among
others. These players might identify a powerful growth strategy to
gain a strong foothold in the global deodorant and antiperspirant
ingredients market. Players may also take to organic business tactics
to attract new customers.
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