The global deodorant market Size a dynamic and ever-evolving sector, was valued at USD 24.36 billion in 2022. It is projected to grow from USD 25.16 billion in 2023 to an impressive USD 37.44 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 5.57% over the forecast period. This robust growth trajectory is largely attributed to the increasing demand for deodorant products among individuals engaged in health-conscious activities such as cycling, yoga, and jogging.

Fortune Business Insights™ has provided an extensive research report titled “Deodorant Market, 2023-2030,” which delves into the various aspects driving the market’s expansion and offers a comprehensive analysis of the trends influencing the industry.

Key Players in the Deodorant Market

The deodorant market is characterized by the presence of several key players, including:

• Unilever PLC (U.K.)
• Procter & Gamble (U.S.)
• Beiersdorf AG (Germany)
• Henkel AG & Co KGaA (Germany)
• L'Oreal S.A. (France)
• Sky Organics (U.S.)
• Speick Natural Cosmetics (Germany)
• Truly's Natural Products (U.S.)
• Erbaviva (U.S.)
• Spirit Nest (U.S.)
• EO Products (U.S.)
• Elsa's Skincare (U.S.)

These companies play a pivotal role in shaping the market landscape through innovative product offerings and strategic initiatives.

Market Drivers and Restraints

Drivers

Growing Consciousness Associated with Personal Grooming