Press Release

Organic Deodorant Market to Grow at 15% CAGR until 2022

Factors like rising awareness about the benefits of organic products, increasing per capita income and people becoming more health conscious are expected to drive the global organic deodorant market through 2022.

According to a TechSci Research report, “Global Organic Deodorant Market By Product Type, By Point of Sale, By Region, Competition Forecast & Opportunities, 2012–2022”, global organic deodorant market is projected to register a CAGR of over 15% during 2017 - 2022. The growth of organic deodorant market is propelled by factors like increasing demand for chemical free deodorants, rising per capita household disposable income, rapid urbanization, along with premiumization of personal care industry and increasing health awareness. In 2016, the growth in the organic deodorant market has been witnessed globally, owing to the rising concern towards the health hazards caused by conventional chemical deodorants. This factor presents the real opportunity for organic deodorant manufacturers, which are focussing on increasing their penetration developed as well as developing economies.

Browse 9 Tables and 98 Figures spread through 157 Pages and an in-depth TOC on "Global Organic Deodorant Market"

https://www.techsciresearch.com/report/global-organic-deodorant-market-by-product-type-spray-stick-roll-on-by-point-of-sale-supermarkets-hypermarkets-drug-store-pharmacies-specialty-stores-online-competition-forecast-opportunities/1031.html

 

EO® Products, Green Tidings, Sundial Brands LLC, Lavanila Laboratories, etc., are some of the leading players in the global organic deodorant market. These companies are expected to maintain their dominance during the forecast period as well. In terms of region, North America dominated the market with more than one-third of the global market share, in terms of value, in 2016. The region is expected to generate significant demand for organic deodorants and is anticipated to remain dominant through 2022.

According to the World Bank, the global internet user penetration has reached around 3.52 billion in 2016. Huge and expanding online consumers are expected to significantly spur demand for organic deodorants through online sales channel in the coming years. Moreover, according to World Bank, Global GDP per capita PPP stood at $ 12,784.99 in 2010 has reached $ 16,136.07 in 2016 and is further expected to rise in future, owing to improving economic conditions, expanding infrastructure and trade relations among different countries, globally. This is further anticipated to propel the demand for organic deodorants during the forecast period across the globe. Global organic deodorant market can be broadly categorized on the basis of product type, such as, stick, spray, roll on & others. The stick segment dominated the market in 2016, owing to constant product innovations in this market segment.

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“Rising focus of manufacturers on the development of organic deodorants which are free from parabens, petrochemical ingredients and hormone-disrupting chemical fragrances along with packaging innovations, and rising expenditure on personal hygiene products are few of the major factors responsible for steering the growth of organic deodorants, globally.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

 Global Organic Deodorant Market By Product Type, By Point of Sale, By Region, Competition Forecast & Opportunities, 2012–2022” has evaluated the future growth potential of global organic deodorant market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the global organic deodorant market.

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Relevant Reports

Global Organic Deodorant Market By Product Type (Spray, Stick & Roll On), By Point of Sale (Supermarkets/Hypermarkets, Drug Store/Pharmacies, Specialty stores, Online) Competition Forecast & Opportunities, 2012 – 2022

Consumer Goods and Retail | Oct, 2017

Factors like rising awareness about the benefits of organic products, increasing per capita income and people becoming more health conscious, etc., are expected to drive the global organic deodorant market through 2022.

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