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Deodorant Stick Market to grow at a CAGR of 7.1% during 2019 - 2027
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Latest Research Report on Deodorant Stick Market Expected to Grow a CAGR of 7.1% during 2019 - 2027 Feb 2020 Report Id : REP-GB-11044 Published On : Feb-2020 Category : Retail and Consumer Products www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights
About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitiveframework,and future markettrends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing– the perfect solutionfor our client. Research Capabilities Sector Coverage Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Social Media Research Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved
Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications# Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved
Deodorant Stick Market Analysis Latest Research Report on Deodorant Stick Market Expected to Grow a CAGR of 7.1% during 2019 – 2027 • The global deodorant sticks market is projected to reach a valuation of US$ 2.09 Bn in 2027, and is set to grow at a positive CAGR during the forecast period (2019 - 2027). As indicated by a new study by Future Market Insights (FMI), the deodorant sticks market is receiving impetus from rising consumer interest in grooming products. • "Prominent players in the global deodorant stick market are seeking various natural and ecolabel certifications to have a competitive edge in the market," opines the Future Market Insights study. Key Research Findings of FMI's Deodorant Sticks Market Study • Alcohol-free deodorant sticks are projected to grow at a higher CAGR on back of their longevity and sweat reduction properties. • Manufacturers are focusing on vegan, alcohol-free, skin-friendly, formulations which are free from aluminum. • Influential advertising for deodorant sticks with product information are projected to attract a larger consumer base. • Europe to remain in vanguard with high demand for cosmetics and personal care products. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved
Deodorant Stick Market Analysis Key Growth Drivers • Rising consumer interest in personal care and grooming products in urban areas of emerging economies will remain a major driver. • Promotional strategies for better product visibility will spur sales. • Adoption of natural and sustainable ingredients and packaging to heighten demand among millennials. Key Impediments • Concerns over use of synthetic ingredients in deodorant stick formulations will restrain market growth. • Concerns over potential allergies and reactions at the time of application will remain key challenge for manufacturers. Competition Structure Analysis - Deodorant Sticks Market Competition landscape of global deodorant sticks market will primarily remain influenced by investments in new offerings. Manufacturers are also pushing for penetration in the luxury business segment to expand market footprint. Major players will be seen targeting natural and eco-friendly ingredients to acquire an edge over competition. The trend will also be supported by use of sustainable packaging formats in the foreseeable future. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved
Deodorant Stick Market Analysis Some of the key participants in global deodorant sticks market that are profiled in Future Market Insight's report, include, The Estee Lauder Companies Inc., Knowlton Development Corporation, Unilever PLC., The Body Shop International Ltd., L’Oreal S.A., Lion Corporation, Procter & Gamble, Mandom Corporation, and the Colgate-Palmolive Company among others. Explore Future Market Insights' comprehensive coverage on, • Cosmetics ODM Market • Electric Toothbrush Market About the Report The report offers global, regional, and country level analysis of the latest industry trends impacting the deodorant stick market. The study provides compelling insights on the deodorant sticks market on basis of product types (with alcohol and alcohol-free), by packaging material (glass, metal, and plastic), by sales channel (retail stores, traditional retailers, and online retailing), across 30 countries spanning seven key regions (North America, Latin America, Europe, APEJ Oceania, Japan, and Middle East and Africa). SOURCE https://www.accesswire.com/576809/Sales-of-Deodorant-Sticks-to-Surpass-US-2-Bn-in-2027- Alcohol-free-Variants-to-Remain-Popular-on-Back-of-Consumer-Awareness-Says-Future-Market-Insights www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved
Deodorant Stick Market Analysis About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Contact: Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights Click here to Order a free sample www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved
To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved