Global Market Study On Deodorant And Antiperspirant Ingredients: Natural Ingredients Usage Set To Increase In Deodorant And Antiperspirant Manufacturing Throughout The Forecast Period, Persistence Market Research
LONDON, Nov. 24, 2016 /PRNewswire/ -- This Persistence Market Research report examines the 'Global Deodorant & Antiperspirant Ingredients Market' for the period 2015-2021. The primary objective of the report is to offer updates on the advancements in the deodorant and antiperspirant ingredients industry, examine new products and business strategies undertaken by the various manufacturing companies, which are significantly transforming the global market. This study analyses, estimates, and forecasts volume (MT) and value (US$) from the demand as well as supply perspective for the forecast period 2015-2021. The report also highlights the impact of various drivers and restraints in various regions, along with their impact during the forecast period. The report starts with an overview of deodorant and antiperspirant market and is categorically split on the basis of product type, Ingredients, and geographies. Furthermore, the report covers the global deodorant and antiperspirant ingredients market performance in terms of value and volume based on each ingredient type, product type, region type, as well as key countries in this region. Impact analysis of key growth drivers and restraints, based on the weighted average model is included in the report to better equip and arms clients with crystal clear decision-making insights. Demand for deodorant and antiperspirant products is increasing significantly, especially among youngsters. Exponential growth in demand for deodorant and antiperspirant product by female consumers has been reported over the past few years, and it has also been observed that deodorant is one of the top five products used in daily grooming routines by female consumers. Moreover, premium quality ingredients, attractive designs, and packaging are further driving deodorant and antiperspirant sales, thus driving demand for ingredients. Due to these factors, deodorant and antiperspirant ingredients are expected to reflect a significant increase in demand in the near future. Five major types of deodorant and antiperspirant product types covered in this report include aerosol, roll-on, creams & wipes, and sticks & solids. By deodorant product type, the market is segmented into aerosol deodorants, roll-on deodorants, creams & wipes deodorants, sticks & solids deodorants, and others. Among these segments, aerosol deodorant is projected to account for 75.3% share of the overall market by 2021. By antiperspirant product type, the market is segmented into aerosol antiperspirant, roll on antiperspirant, sticks & solids antiperspirant and others. The aerosol antiperspirant segment is largest in terms of market value and is expected to register highest CAGR of 4.4% between 2015 and 2021 owing to its easy to use characteristic.