NEW YORK, Aug. 18, 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.
Considering the Ingredients aspect, the global deodorant and
antiperspirant market is segmented into alcohol, aluminum,
antimicrobials, base/ carrier substances, conditioner &
moisturizer, fragrances, parabens & propellants, and others.
Among the aforementioned segments, alcohol ingredient segment is
expected to dominate the global market with over 35% revenue share
throughout the forecast period. Alcohol ingredient accounted for
US$ 427.0 Mn in 2014 and is
anticipated to reach a value of US$ 662
Mn by 2021 at a CAGR of 6.5%. Increasing demand for
deodorant and antiperspirant products with long lasting protection,
fragrance, and effective antibacterial activity is expected to
further propel the demand for this ingredient.
On the basis of region, Europe
dominated the global deodorant and antiperspirant ingredients
market in 2014 in terms of revenue contribution, followed by
North America and Asia-Pacific. Europe is expected to continue its dominance
with over 30% revenue share throughout the forecast period.
The report provides market revenue and volume for each application
segment under each geographical segment, as well as a country
segment.
The global deodorant and antiperspirant market in terms of regions,
application and product type are analysed in terms of Basis Point
Share to understand relative contribution by individual segments to
market growth. This detailed level of information is important for
identifying various key trends of the global deodorant and
antiperspirant ingredients market.
All the above sections, by product type, ingredients, and
geography provide the present scenario and the growth prospects of
the global deodorant and antiperspirant ingredients market for the
period 2015 to 2021. Given the characteristics of the market, we
triangulated the outcome of three different types of analyses,
based on the supply side, consumer spending, and economic envelope.
In addition, it is imperative to note that in an ever-fluctuating
global economy, we not only conduct forecasts in terms of CAGR but
also analyse on the basis of key parameters such as year-on-year
(Y-o-Y) growth to understand the predictability of the market and
to identify the right opportunities across the global market.
Furthermore, to understand key growth segments in terms of growth
of deodorant and antiperspirant ingredients, Persistence Market
Research has developed a Market Attractiveness Index on the basis
of product type, ingredients, and geography. The resulting index
should help to identify real market opportunities.
The final section of the report includes competitive landscape,
which provides report audiences a dashboard view, based on various
segments, the presence of various players in the global deodorant
and antiperspirant market, and key differentiators. This section is
primarily designed to provide clients with an objective &
detailed comparative assessment of key providers specific to a
market segment in the global deodorant and antiperspirant value
chain. Detailed profiles of companies are also included in the
scope of the report to evaluate their operations, expansions,
products, and sales channel strategies. Key players considered in
the global deodorant and antiperspirant market include Unilever
Company, Procter & Gamble, L'Oreal Company, Avon Product Inc.,
Shiseido, CavinKare Pvt. Ltd., Henkel AG & Company KGaA,
Beiersdorf AG, and Godrej Consumer Products Ltd.
Read the full report:
http://www.reportlinker.com/p04040019-summary/view-report.html
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