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The global deodorants and fragrances market was valued at $37.9 billion in 2021, and is projected to reach $63.2 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031.
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Deodorants and fragrances are personal care and hygiene products that are primarily used to eliminate body odor or to help accentuate the natural scent of the body by adding a layer of complimentary scents. Fragrances range back to the ancient Egyptian and Mesopotamian civilizations and deodorants were first invented in the late 1800s. The use of deodorants and fragrances increased significantly in the mid-1990s due to a rise in public awareness and adoption of such products. Deodorants and fragrances are used daily by the majority of consumers across the world to smell fresh. These types of products may be purchased multiple times in a month, especially the spray variants, due to the volume and frequency of consumption by the users. Spray and roll-on deodorants are highly popular across the world, while stick deodorants are in demand in North America, and are slowly gaining popularity in Asia-Pacific and LAMEA. Brands such as Axe, Old Spice, Mitchum, and Dove are some of the most popular brands in the Deodorants and Fragrances industry and produce different types of deodorants and fragrances across various types and price points. Deodorants and Fragrances Market Download Report Sample
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/19115 Frontrunners in the industry- Estee Lauder Companies Inc., Procter & Gamble Co., PVH Corp., Loreal S.A., Groupe Rocher, Edgewell Personal Care Co, Revlon, Inc., LVMH GROUP, Unilever plc, giorgioarmani Deodorants and Fragrances Market Download Report Sample
Deodorants and Fragrances Market • The Deodorants and Fragrances Market is segmented on the basis of type, Distribution Channel and region. • By type • Women hold a larger share of the deodorants and fragrances market due to the greater availability of products catered towards women coupled with the purchase of many different types of deodorants and perfumes for different occasions and scenarios by women. The market for men is rapidly increasing with the introduction of new product lines for men along with new scents and packaging of products catered to appeal to men. • By Distribution Channel • Specialty channels of sale are the most beneficial modes of deodorant and fragrance purchase for consumers as these stores hold extensive knowledge of their products and are extremely capable of providing the consumer the best products depending on their needs and affinities. However, the ease of purchase and convenience of home delivery coupled with discounts available through online channels provide optimum growth opportunities for the online distribution channels. Download Report Sample
By Region • North America is the largest consumer of deodorants and fragrances due to the large consumer base who use such products regularly. Europe and Asia-Pacific are very close in terms of market share due to Europe’s preference for premium and luxury products and the massive population of the Asia-Pacific region, which is why the region is also expected to have the highest growth rate during the forecast period. • Purchase this Report (Price 4,871 USD for single user license): https://www.alliedmarketresearch.com/checkout-final/8ea219a339448b390da3fcc4c0161b99 • Key findings of the study • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the deodorants and fragrances market analysis from 2021 to 2031 to identify the prevailing deodorants and fragrances market opportunity. • The market research is offered aloong with information related to key drivers, restraints and opportunities. • Major countries in each region are mapped according to their revenue contribution to the global market. Deodorants and Fragrances Market Download Report Sample
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