Natural Deodorants and Perfumes Market by application, Regional Analysis and Industry Growth by Forecast to 2027
Natural Deodorants and
Perfumes Market by application size is projected to reach approximately USD
19.7 Billion by 2025, at a CAGR of 8.4% from 2019 to 2025.
Market Dynamics
In recent years, the
Global Natural Deodorants and Perfumes Market by application has experienced rapid
growth. Natural deodorants and perfumes are growing in popularity among
Generation Z and millennials, who are drawn to brands that appear to be natural
and organic. The demand for organic body care products is also helping to boost
the market for natural deodorants and perfumes. Consumer appetite for
deodorants is being bolstered by evolving habits and a growing emphasis on
personal health across the world. The need of an increasing number of people to
have a pleasant body odor and to feel new during the day is driving demand for
deodorants in personal care routines. Deodorants are becoming more popular as a
result of the need to guard against perspiration and the resulting foul body
odor. Consumer preference for clean and organic personal care items is driving
demand for natural deodorants and perfumes. To gain popularity with customers,
deodorant manufacturers are concentrating on exotic fragrances as well as versatility
and long-lasting security. A significant factor driving the demand is the
rising prevalence of deodorant use by female consumers in developing and
developed regions.
Natural deodorants and
perfumes are free of additives and synthetic materials, and are made entirely
of naturally sourced ingredients. Public perception of toxic additives in
conventional deodorants, such as aluminum, parabens, phthalates, and propylene
glycol, as well as harmful petrochemicals in synthetic perfumes, is driving the
development of the natural deodorants and natural perfumes markets,
respectively. Market leaders are focusing on the launch of new brands with
statements such as eco-friendly deodorant, cruelty-free deodorant, safe
deodorant, and organic to meet changing consumer needs. The development of the
natural fragrance sector has created an opportunistic market for natural
deodorants and perfumes manufacturers. Demand development is being fueled by
initiatives taken by major players in the natural fragrance market. Natural
deodorant formulations are becoming more common because they help to preserve
the body's natural pH and moisture levels. Consumers with delicate skin are
increasingly turning to deodorants made with natural/botanical oils. The
concentration of marketers on youth is another development that is opening up
new avenues in the deodorant industry. This can be seen in recent advertisement
ads on deodorant scents and fragrances.
Key
Players
The
notable players of the market are The Procter & Gamble Company (US),
Unilever plc (UK), Kopari Beauty (US), Soapwalla (US), Kosé Corporation
(Japan), Ursa Major (US), Vapour Beauty, LLC (Mexico), A La Maison de Provence
(US), The Crystal (US), CORPUS (US), Skylar Body, Inc. (US), Phlur, Inc. (US),
IME Natural Perfumes (Australia), ONE SEED (Australia), and LURK, LLC (US).
Market Segmentation:
The market, based on product type, is segmented
into sprays, rollons, sticks, and others. Sprays has the highest market share
in 2018 and is expected to rise at the quickest rate over the estimated period.
Since spray deodorants and perfumes are easier to apply, the majority of
customers like them.
The industry has been divided into three categories
based on end-use: men, women, and unisex. During the forecast era, the women's segment
is expected to rise at the fastest pace. The sector is growing due to an
increase in the number of working women in developed countries, as well as
increased spending on natural and organic personal care goods.
The industry is divided into two types of delivery
channels: store-based and non-store-based. Store-based stores sell the bulk of
natural deodorants and perfumes. Supermarkets and hypermarkets, specialty
shops, and other stores make up this category. In 2018, supermarkets and
hypermarkets led the industry.
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Regional Analysis
In 2018, North America led the global natural
deodorants and perfumes industry, while a growing number of customers in the
region are drawn to brands that appear to be natural. In North America, the
United States is the largest market for natural deodorants and perfumes.
Natural claims brands accounted for about 3.4 percent of the US personal care
industry in 2017. With frequent product developments by many main players in
the US industry, this share is expected to grow rapidly during the forecast
period.
For the natural deodorants and perfumes industry,
Asia-Pacific is a new revenue source. The existence of a massive skin care
products industry in China, Japan, and South-East Asian countries provides an
opportunity for emerging players. The demand in the area is growing because
consumers are becoming more knowledgeable of natural ingredients.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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