Natural Deodorants Perfumes Market Summary
As per Market Research Future Analysis, the Global Natural Deodorants and Perfumes Market was valued at USD 12.04 Billion in 2023 and is projected to grow from USD 13.0634 Billion in 2024 to USD 23.130 Billion by 2032, with a CAGR of 7.40% during the forecast period. The growth is driven by increasing consumer awareness of natural products, the popularity of organic deodorants, and rising disposable incomes, particularly among women. The market is characterized by a strong preference for spray deodorants, which accounted for 45% of market revenue, and a significant share from store-based distribution channels, generating 60% of total income. The Asia-Pacific region is expected to dominate the market due to urbanization and rising demand for high-quality products.
Key Market Trends & Highlights
Key trends driving the Natural Deodorants and Perfumes market include:
- Spray deodorants dominate the market, accounting for 45% of revenue.
- Women lead the consumer segment, driven by rising disposable incomes and health awareness.
- Store-based distribution channels generate 60% of market income.
- Asia-Pacific is projected to be the largest market due to urbanization and changing lifestyles.
Market Size & Forecast
2023 Market Size | USD 12.04 Billion |
2024 Market Size | USD 13.0634 Billion |
2032 Market Size | USD 23.130 Billion |
CAGR | 7.40% |
Major Players
Key players include Unilever, Procter & Gamble, Kopari Beauty, Ursa Major, Soapwalla, ONE SEED, and ME Natural Perfumes.