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Deodorant and Antiperspirant Ingredients Market Poised to Expand at 6.7% CAGR During 2014-2021
by kedars · January 24 http://www.vegasgoldenknightsofficialsto...isa-jersey , 2019

Persistence Market Research (PMR) announces the release of its latest report titled, 鈥淕lobal Market Study on Deodorant and Antiperspirant Ingredients: Natural Ingredients Usage Set to Increase in Deodorant and Antiperspirant Manufacturing Throughout the Forecast Period鈥? According to the report, the global deodorant and antiperspirant ingredients market聽was valued at US$ 1,520 Mn in 2014 and is anticipated to reach US$ 2,390 Mn by 2021, registering a compound annual growth rate (CAGR) of 6.7% through the forecast period.

Global deodorant and antiperspirant ingredients market is largely driven by growing demand of deodorant and antiperspirant products by younger consumers. New and innovative ingredients http://www.vegasgoldenknightsofficialsto...sar-jersey , lower cost of deodorant products compared to other substitutes, enhanced performance of deodorant and antiperspirant products due to a usage of high-quality ingredients, new technologies, and attractive packaging are some major factors causing a shift in preference among younger consumers to purchase deodorants and antiperspirants. Aerosol deodorants and antiperspirants contribute highest in terms of demand and share the global deodorant and antiperspirants market as compared to other product types. In terms of ingredients, alcohol accounted for the largest market share in the global deodorant and antiperspirant ingredients market as compared to other ingredients, which is anticipated to expand at a significant CAGR of 6.5% over the forecast period. However http://www.vegasgoldenknightsofficialsto...ult-jersey , growing concerns among consumers regarding possible health issues some ingredients used in deodorant and antiperspirant products could cause, and growing environmental concerns could pose a challenge for the growth of the global deodorant and antiperspirant ingredients market.

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The global deodorant and antiperspirant ingredients market is segmented into deodorant type, antiperspirant type, deodorant and antiperspirant ingredients, and by geography.

By deodorant product type, the market is segmented into aerosol deodorants http://www.vegasgoldenknightsofficialsto...ill-jersey , roll on deodorants, creams & wipes deodorants, sticks & solids deodorants, and others. Among these segments, the aerosol deodorant segment is expected to account for 75.3% revenue share of the overall market by 2021. Furtherm
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