Feb 8, 2019   SOURCE: BusinessWire

Deodorant and Antiperspirant Ingredients: Global Market Outlook, 2019-2023; Dominated by BASF, Givaudan, Nouryon, Symrise, and Wacker Chemie - ResearchAndMarkets.com

The "Global Deodorant and Antiperspirant Ingredients Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The deodorant and antiperspirant ingredients market will register a CAGR of over 6% by 2023.

Increasing demand for male grooming products to drive market growth

The male grooming product sector is a lucrative market, and deodorants and antiperspirants are among the popular products in this segment.

The popularity of male grooming products has increased as men are increasingly using them as a part of their daily grooming routine. The male grooming product sector in developed countries, specifically in the US and the UK, is growing at a steady pace.

Increasing concerns about hygiene among consumers

Deodorants help in preventing body odors, whereas antiperspirants help stop or dry up perspiration. Deodorants help control the growth of the bacteria that can cause bad smells. They also mask the smell with the help of a scented perfume present in the product formulation.

Consumers are becoming more conscious about personal hygiene and are increasingly purchasing deodorants and antiperspirants to control their sweat and body odor. This will fuel the growth of the global deodorant and antiperspirant ingredients market.

Side effects of deodorant and antiperspirant ingredients

The increasing awareness among consumers regarding the side effects of chemical and synthetic ingredients used in deodorant and antiperspirant products is a key challenge faced by the global deodorant and antiperspirant ingredients market. Some ingredients used in deodorant and antiperspirant products can cause undesirable side effects on consumers.

Competitive Landscape

The market appears to be fragmented, and with the presence of several companies including Symrise and Wacker Chemie, the competitive environment is quite intense.

Key Players

  • BASF
  • Givaudan
  • Nouryon
  • Symrise
  • Wacker Chemie

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY INGREDIENTS

  • Comparison by ingredients
  • Alcohol - Market size and forecast 2018-2023
  • Aluminum salt - Market size and forecast 2018-2023
  • Fragrance - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by ingredients

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

  • Demand for multifunctional deodorants
  • Increasing adoption of organic and natural ingredients
  • Increasing demand for male grooming products

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BASF
  • Givaudan
  • Nouryon
  • Symrise
  • Wacker Chemie

For more information about this report visit https://www.researchandmarkets.com/research/dmd37q/deodorant_and?w=4