The deodorant roll-on market was projected to be USD 7,165.40 million in 2023. By the end of 2024, the industry is likely to reach a valuation of USD 7,595.32 million. During the forecast period, the global market for deodorant roll-on is expected to register a 6% CAGR and reach a size USD 13,602.03 million by 2034.
Attributes | Details |
---|---|
Estimated Market Value in 2023 | USD 7,165.40 billion |
Expected Market Value in 2024 | USD 7595.32 million |
Expected Market Value in 2034 | USD 13,602.03 million |
Value based CAGR from 2024 to 2034 | 6% |
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
Focus on product formulations- There were notable innovations in the market, with companies launching innovative features and formulations. This improves the overall experience of the customer using deodorant roll-ons by using components that are kind to skin, having long-lasting effectiveness, and having distinctive smell profiles.
Packaging trends- The growing use of sustainable techniques, with an emphasis on environmentally friendly packaging, has been a noteworthy development in the market. Companies introduced innovative packaging and promoted sustainability as an integral selling factor for their roll-on products in response to consumer demands for ecologically conscious options.
Report Attributes | Details |
---|---|
Market Value in 2023 | USD 7,165.40 million |
The rapid expansion of online shopping sites allowed customers easy access to a wide selection of deodorant roll-on. Online retail channels made it simple to compare, read reviews, and make purchases, which helped the market grow as more people discovered the convenience of buying for personal care products online.
A surge in demand for long-lasting and efficient deodorant solutions was caused by the growing focus on personal hygiene around the world, particularly in the aftermath of public health concerns during the pandemic. During the historical period, the market experienced expansion due to the demand from consumers for goods that provide dependable odor prevention and encourage general cleanliness.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
The table below lists the top five nations expected to forecast prominent growth during the forecast period. India and China are predicted to have the maximum development among these nations.
Countries | CAGR from 2024 to 2034 |
---|---|
The United States | 5.90% |
The United Kingdom | 6.20% |
Germany | 6.40% |
China | 6.70% |
India | 7.10% |
Each of these countries have their own set of drivers that are propelling regional growth. They are:
The United States market for deodorant roll-on is likely to garner a 5.90% CAGR during the forecast period.
The deodorant roll-on market in the United Kingdom is poised to expand at a 6.20% CAGR from 2024 to 2034.
The Germany market for deodorant roll-on is poised to develop at a 6.40% CAGR during the forecast period.
The China market for deodorant roll-on is likely to expand at a 6.70% CAGR from 2024 to 2034.
The India deodorant roll-on market is poised to expand at a 7.10% CAGR during the forecast period.
The table below highlights how the organic deodorant roll-on is projected to take up a significant global market share. The female consumer segment is likely to garner a significant market share in 2024.
Category | Market share in 2024 |
---|---|
Organic Nature | 35.60% |
Female Consumer Orientation | 54.70% |
The organic segment is expected to acquire a market share of 35.60% in 2023. Organic deodorant roll-on is becoming more and more popular as people become more conscious of environmental and health issues.
With conventional deodorants containing potentially dangerous chemicals, consumers are increasingly turning to natural alternatives. The desire for sustainable living and growing eco-consciousness are what is driving the market towards vegan, organic, and plant-based options.
To appeal to ethical consumer ideals, organic deodorants frequently feature formulations free of cruelty. Organic deodorant roll-ons are becoming popular in the market owing to their emphasis on transparency in the sourcing of ingredients and manufacturing processes. This aligns with a broader societal movement towards sustainability, wellness, and ethical consumption.
Based on the consumer orientation, the female segment is anticipated to take up a significant global market share. In 2024, the female segment is likely to acquire a 54.70% global market share.
Women typically prefer deodorant roll-on more than men do due to things like skin sensitivity and scent preferences. Roll-ons are gentler to apply, better suited for skin that is more sensitive, and deliver longer-lasting freshness. Roll-ons target the sensitive underarm skin, which is generally more sensitive in women, and offer a smoother, more controlled application.
A wide variety of roll-on deodorants with floral, fruity, or subtle scents is available on the market, giving women the opportunity to select formulas that suit their own tastes. Since deodorant roll-ons are so easy to apply and have so many fragrance options, they are a popular choice for female consumers who value both efficacy and a customized smell experience.
Companies are offering new packaging solutions, such as biodegradable and refillable options, to achieve scalability in the global deodorant roll-on market. This is in line with the growing desire for sustainable practices. The use of artificial intelligence along with data analytics for customized advertising is becoming more popular.
In order to better connect with individual preferences, brands are using consumer data to customize product suggestions and advertising campaigns. These tactics not only support environmental sustainability but also improve customer engagement, which propels growth and scalability in a market where eco conscious customers and customized experiences are becoming more and more important.
Some of the prominent developments by the key companies in this domain are
Company | Key Developments |
---|---|
SALT OF THE EARTH LTD. |
|
Beiersdorf AG |
|
Attribute | Details |
---|---|
Projected market value in 2023 | USD 7,595.32 million |
Projected market value in 2033 | USD 13,602.03 million |
Forecast CAGR from 2024 to 2034 | 6% |
Forecast period | 2024 to 2034 |
Historical period | 2018 to 2023 |
Market analysis | Value in USD million |
Key regions covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East & Africa |
Key countries profiled | The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel |
Key market segments | Gender, Nature, Sales Channel, Region |
Key companies profiled | Kao Corporation; Henkel AG & Company; Church & Dwight; Revlon, Inc; L'Oreal S.A; Unilever; HELEN OF TROY; Procter & Gamble Co; Beiersdorf AG; Adidas AG |
The global deodorant roll-on market is expected to reach USD 7,595.32 million by 2023.
The global deodorant roll-on market is set to expand at a CAGR of 6% by 2033.
The global deodorant roll-on market is forecast to reach USD 13,602.03 million by 2033.
The organic segment is projected to attain a 35.60% share in 2023
The female segment is likely to acquire a 54.70% share in 2023.
Estimated Market Size 2023 | USD 2,048.8 million |
---|---|
Projected Market Size 2033 | USD 3,500 million |
CAGR from 2023 to 2033 | 5.5% |
Market Estimated Size (2023) | USD 59.4 Billion |
---|---|
Market Estimated Size (2033) | USD 101.3 billion |
Value CAGR (2023 to 2033) | 5.5% |
Explore Beauty & Wellness Insights
View ReportsThank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.