Deodorant Stick Market | Where Should Participant Focus To Gain Maximum ROI | Exclusive Report

By Future Market Insights

Nowadays, consumers demand deodorant sticks with natural ingredients as they are becoming more conscious about the side-effects of the chemicals used in these products. These factors and intensely competitive landscape influence companies to offer products with enhanced qualities that do not irritate the skin. More than 1,200 patents for deodorants with natural ingredients are being filed every year which have led manufacturers to produce deodorant sticks with additional qualities using natural ingredients.

For instance, in 2018, Lume Deodorant Company launched all-natural deodorant sticks made with naturally-derived ingredients are aluminium-free, baking soda-free, cruelty-free, and naturally-scented. Projected to rise at a CAGR of ~7.1 between 2019 and 2027, Future Market Insights foresees stable growth for the market.

Request Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-11044  

Key Takeaways from the Deodorant Stick Market Study

• According to the report, manufacturers are strengthening their partnership in the high growth region and expanding their products offerings across the market. The companies’ focuses on building better and more influential advertisements for the deodorant stick products such as exclusive and clear information on package to attract more consumers, today the consumers are looking for more information on what they are applying. Hence, a package with information on particulars of the ingredients and benefits are highly preferred by the buyers.
• The companies are investing in innovation and development by offering products with better ingredients. They have started new product ranges such as vegan, free from aluminum salt, skin-friendly, alcohol-free, and many more.
• The Europe region is expected to retain its dominant position in the global deodorant stick market, due to high cosmetics and personal care demand and frequently use of deodorants as a daily grooming routine among male population in the region.
• Among product type, the alcohol-free segment is anticipated to show a relatively higher CAGR in the global deodorant stick market in the near future, as it reduces the formulation of sweat and offer long-lasting protection coupled with rapidly growing adoption of alcohol-free deodorants among customers with sensitive skin.

“Prominent players in the global deodorant stick market are seeking for various natural and ecolabel certifications such as USDA Organic certification, vegan and cruelty free certification, non-GMO, Ecocert certification, and Green Seal certification to have a competitive edge in the market” says an FMI analyst.

Growing consumer’s interest towards daily grooming products, especially among the urban population in emerging nations, is anticipated to propel demand for deodorant stick in the foreseeable future. Majority of the people in urban areas use deodorants as a part of their daily grooming routines.  Exposure to newer products as a result of peer association, and higher product visibility in urban areas are some factors expected to further drive demand for personal grooming products. Majority of the population in the BRIC region currently resides in urban areas. The urban population in BRIC is around 85%, 74%, 32%, and 54% in Brazil, Russia, India, and China respectively.

Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-11044 

Who is winning?

Some of the key players operating in the deodorant stick market are The Estée Lauder Companies Inc., Unilever PLC, L’Oréal S.A., Procter & Gamble, Beiersdorf AG, Colgate-Palmolive Company, Mandom Corporation, Lion Corporation, The Body Shop International Ltd., Knowlton Development Corporation, and others.

Several prominent market players are significantly introducing new products in the market to expand their product portfolio, market footprint, and enter into luxury business segment. Besides this, mergers and acquisitions often allows them to gain competitive advantage.

• In 2019, Lamazuna introduced a solid deodorant in an outer board box without other packaging/casing in an effort to be more eco-friendly. The product is also handmade, vegan, free from aluminum salt, and contains organic palmarosa essential oil.
• In 2017, Unilever introduced a personal care brand ‘Love Beauty and Planet’ in the U.S. This brand primarily offers deodorant sticks, shampoos, conditioners, and body washes with natural ingredients. The company claims that these products are free from harmful ingredients such as parabens. Additionally, the bottles used for packaging are 100% recycled plastic and are 100% recyclable.

Get Valuable Insights into Deodorant Stick Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global deodorant stick market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2027. The study divulges compelling insights on the deodorant stick market based on the product type (with alcohol and alcohol-free), packaging material (glass, metal, and plastic), sales channel (store based retailing {modern retailers and traditional retailers} and online retailing), and other sales channel across six major regions.

Get Customization in the Report, Enquire Now @ https://www.futuremarketinsights.com/customization-available/rep-gb-11044 

Explore FMI’s Extensive Coverage on Consumer Product Domain

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Blind & Shades Market: The blind & shades market is estimated at US$ 14.2 Bn in 2022 and is projected to expand at a CAGR of 4.4% during the forecast period from 2022 to 2029

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Corporate Headquarter

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

For Media Enquiries: press@futuremarketinsights.com

Website: https://www.futuremarketinsights.com/

Report: https://www.futuremarketinsights.com/reports/deodorant-stick-market

Press Release Source: https://www.futuremarketinsights.com/press-release/deodorant-stick-market

By Future Market Insights

Nowadays, consumers demand deodorant sticks with natural ingredients as they are becoming more conscious about the side-effects of the chemicals used in these products. These factors and intensely competitive landscape influence companies to offer products with enhanced qualities that do not irritate the skin. More than 1,200 patents for deodorants with natural ingredients are being filed every year which have led manufacturers to produce deodorant sticks with additional qualities using natural ingredients.

For instance, in 2018, Lume Deodorant Company launched all-natural deodorant sticks made with naturally-derived ingredients are aluminium-free, baking soda-free, cruelty-free, and naturally-scented. Projected to rise at a CAGR of ~7.1 between 2019 and 2027, Future Market Insights foresees stable growth for the market.

Request Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-11044  

Key Takeaways from the Deodorant Stick Market Study

• According to the report, manufacturers are strengthening their partnership in the high growth region and expanding their products offerings across the market. The companies’ focuses on building better and more influential advertisements for the deodorant stick products such as exclusive and clear information on package to attract more consumers, today the consumers are looking for more information on what they are applying. Hence, a package with information on particulars of the ingredients and benefits are highly preferred by the buyers.
• The companies are investing in innovation and development by offering products with better ingredients. They have started new product ranges such as vegan, free from aluminum salt, skin-friendly, alcohol-free, and many more.
• The Europe region is expected to retain its dominant position in the global deodorant stick market, due to high cosmetics and personal care demand and frequently use of deodorants as a daily grooming routine among male population in the region.
• Among product type, the alcohol-free segment is anticipated to show a relatively higher CAGR in the global deodorant stick market in the near future, as it reduces the formulation of sweat and offer long-lasting protection coupled with rapidly growing adoption of alcohol-free deodorants among customers with sensitive skin.

“Prominent players in the global deodorant stick market are seeking for various natural and ecolabel certifications such as USDA Organic certification, vegan and cruelty free certification, non-GMO, Ecocert certification, and Green Seal certification to have a competitive edge in the market” says an FMI analyst.

Growing consumer’s interest towards daily grooming products, especially among the urban population in emerging nations, is anticipated to propel demand for deodorant stick in the foreseeable future. Majority of the people in urban areas use deodorants as a part of their daily grooming routines.  Exposure to newer products as a result of peer association, and higher product visibility in urban areas are some factors expected to further drive demand for personal grooming products. Majority of the population in the BRIC region currently resides in urban areas. The urban population in BRIC is around 85%, 74%, 32%, and 54% in Brazil, Russia, India, and China respectively.

Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-11044 

Who is winning?

Some of the key players operating in the deodorant stick market are The Estée Lauder Companies Inc., Unilever PLC, L’Oréal S.A., Procter & Gamble, Beiersdorf AG, Colgate-Palmolive Company, Mandom Corporation, Lion Corporation, The Body Shop International Ltd., Knowlton Development Corporation, and others.

Several prominent market players are significantly introducing new products in the market to expand their product portfolio, market footprint, and enter into luxury business segment. Besides this, mergers and acquisitions often allows them to gain competitive advantage.

• In 2019, Lamazuna introduced a solid deodorant in an outer board box without other packaging/casing in an effort to be more eco-friendly. The product is also handmade, vegan, free from aluminum salt, and contains organic palmarosa essential oil.
• In 2017, Unilever introduced a personal care brand ‘Love Beauty and Planet’ in the U.S. This brand primarily offers deodorant sticks, shampoos, conditioners, and body washes with natural ingredients. The company claims that these products are free from harmful ingredients such as parabens. Additionally, the bottles used for packaging are 100% recycled plastic and are 100% recyclable.

Get Valuable Insights into Deodorant Stick Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global deodorant stick market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2027. The study divulges compelling insights on the deodorant stick market based on the product type (with alcohol and alcohol-free), packaging material (glass, metal, and plastic), sales channel (store based retailing {modern retailers and traditional retailers} and online retailing), and other sales channel across six major regions.

Get Customization in the Report, Enquire Now @ https://www.futuremarketinsights.com/customization-available/rep-gb-11044 

Explore FMI’s Extensive Coverage on Consumer Product Domain

Water Sink Market: The water sink market is estimated at US$ 45.9 Bn in 2022 and is projected to reach US$ 52.9 Bn by 2027, at a CAGR of 2.5% from 2013 to 2021

BB Cream Market: The BB cream market is estimated at US$ 3,745.4 Mn in 2022 and is projected to reach US$ 5,792.9 Mn by 2027, at a CAGR of 8.7% from 2013 to 2021.

Blind & Shades Market: The blind & shades market is estimated at US$ 14.2 Bn in 2022 and is projected to expand at a CAGR of 4.4% during the forecast period from 2022 to 2029

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Corporate Headquarter

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

For Media Enquiries: press@futuremarketinsights.com

Website: https://www.futuremarketinsights.com/

Report: https://www.futuremarketinsights.com/reports/deodorant-stick-market

Press Release Source: https://www.futuremarketinsights.com/press-release/deodorant-stick-market