Deodorant and Antiperspirant Ingredients Market Research Report 2021: Analysis by Regional Opportunities, Top Most Key Vendors, Types, Application and Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Deodorant and Antiperspirant Ingredients Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Deodorant and Antiperspirant Ingredients Market products.

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Moreover, amongst all the continents that used pesticides, Asia registered as the largest user of pesticides by attaining a share of 52.4% in the year 2018. It was followed by the Americas, Europe, Africa and Oceania with 32.3%, 11.6%, 2% and 1.7% respectively. The statistics also stated that China was the largest user of pesticides amongst all the nations worldwide, utilizing 1,763,000 tonnes of pesticides for agricultural use.

Deodorant and Antiperspirant Ingredients Market – Global Drivers, Restraints, Opportunities, Trends, and Forecast up to 2023

The deodorant and antiperspirant ingredients are the major additives in deodorants and antiperspirants. Deodorant and antiperspirant ingredients are fragrance, carriers, antimicrobial and others. These ingredients provide fragrance, increased shelf life, moisturization, and other functions to the deodorants and antiperspirants.

Research Methodology
The deodorant and antiperspirant ingredients market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped us in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:

Key Market Insights
Deodorant and antiperspirant ingredients are widely utilized to increase the shelf life, provide fragrance, to prevent bacterial breakdown and control body sweat. The manufacturers are focusing towards innovation to capture more of the market share. The demand for deodorant and antiperspirant ingredients is increasing owing to the increased demand for personal care products and increased ability to spend.

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Europe dominates the market currently and is also expected to grow during the forecast period due to intense demand. Asia Pacific is expected to accelerate in the market during the forecast period. Some of the prominent key players in the deodorant and antiperspirant ingredients market are Wacker Chemie, BASF, IFF, AkzoNobel, and Givaudan.

Types:
o Alcohol
o Fragrance
o Antimicrobial
o Aluminum Salt

Product:
o Aerosol Spray
o Roll On
o Stick & Gels
o Others

Geography:
o Asia Pacific
o North America
o Europe
o Rest of the World

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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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