Market Size of Asia-Pacific Deodorants Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.11 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Deodorants Market Analysis
Asia-Pacific Deodorants market is projected to grow at a CAGR of 4.11% during the forecast period 2020-2025.
- Increased working population spending an ample amount of time outdoor is demanding deodorants to keep their body fresh. The hot and humid seasonal climatic condition has primarily driven market growth.
- Convenient pack size and changing the use of deodorants among consumers have further fueled the market. Also, increasing expenditure on advertisement and promotion by key players is influencing the sales growth in the region.
APAC Deodorants Industry Segmentation
Asia-Pacific Deodorants market is segmented By Product Type, distribution channel, and geography. On the basis of product type, the market is segmented into Sprays, Roll-On, Sticks, Others. On the basis of the distribution channels, the market is segmented into Supermarkets and Hypermarkets, Convenience Stores, Pharmacies/Drugstore, Online Stores, Others. Based on geography, the report provides a regional analysis, which includes India, China, Japan, Australia, and Rest of Asia-Pacific.
| By Product Type | |
| Sprays | |
| Roll-On | |
| Sticks | |
| Others |
| By Distribution Channel | |
| Supermarkets and Hypermarkets | |
| Convenience Stores | |
| Pharmacies/Drugstore | |
| Online Stores | |
| Others |
| By Geography | |
| China | |
| Australia | |
| Japan | |
| India | |
| Rest of Asia-Pacific |
Asia-Pacific Deodorants Market Size Summary
The Asia-Pacific deodorants market is experiencing notable growth, driven by factors such as an increasing working population spending more time outdoors and the region's hot and humid climate. This demand is further fueled by the convenience of pack sizes and evolving consumer preferences. The market is characterized by a shift towards non-aerosol deodorants, with demographic factors playing a significant role in shaping consumer choices. While deodorant sprays are more commonly used by men, roll-on and stick deodorants are witnessing the fastest growth. The introduction of innovative formats and fragrances, along with heightened marketing efforts, has enhanced brand visibility and consumer awareness, particularly regarding the benefits of natural ingredients over artificial ones.
The competitive landscape of the Asia-Pacific deodorants market is dominated by multinational companies such as Procter & Gamble, Unilever, and L'Oreal, who are focusing on product innovation to meet diverse consumer needs. The market is also seeing increased competition from private label brands offering lower-priced alternatives. India stands out as a key market within the region, projected to surpass Australia in market size due to its large young population and rising disposable incomes. This growth is further supported by the increasing consumer interest in personal grooming and the necessity of deodorants in humid conditions.
Asia-Pacific Deodorants Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Sprays
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2.1.2 Roll-On
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2.1.3 Sticks
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2.1.4 Others
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2.2 By Distribution Channel
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2.2.1 Supermarkets and Hypermarkets
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2.2.2 Convenience Stores
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2.2.3 Pharmacies/Drugstore
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2.2.4 Online Stores
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2.2.5 Others
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2.3 By Geography
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2.3.1 China
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2.3.2 Australia
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2.3.3 Japan
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2.3.4 India
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2.3.5 Rest of Asia-Pacific
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Asia-Pacific Deodorants Market Size FAQs
What is the current Asia-Pacific Deodorants Market size?
The Asia-Pacific Deodorants Market is projected to register a CAGR of 4.11% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Deodorants Market?
Procter & Gamble Co., Unilever Plc, L`Oreal S.A., L'Occitane International SA and Beiersdorf Global AG are the major companies operating in the Asia-Pacific Deodorants Market.
