The demand for deodorants on the global market is directly correlated with the market value of deodorant packaging. Deodorant demand is anticipated to rise during the projected period due to an increase in the use of organic deodorants by teenagers and athletes and consumer hygiene awareness. The top market participants' significant product advancements will also boost future demand and supply for deodorant packaging. The public increased desire for cutting-edge perfumes and scented products, especially among millennials, is another factor contributing to the market's promising future.
Data Bridge Market Research analyses that the North America Deodorant Packaging Market, valued at USD 4,095.89 million in 2022, will reach USD 7,143.43 million by 2030, growing at a CAGR of 7.20% during the forecast period of 2023 to 2030.
"Increasing demand for recyclable packaging is expected to drive the market growth"
Going forward, the deodorant packaging market is anticipated to develop due to more severe rules requiring recycling packaging materials for deodorant packaging. To limit the number of plastics dumped in landfills, maintain efficient waste management, and promote sustainable business practices, governments worldwide are putting strict laws into place for using recyclable packaging materials. For instance, the Food Safety and Standards Authority of India (FSSAI) suggested using recycled plastic in January 2022 per Section 16(5) of the 2006 Food Safety and Standards Act. Hence, it is anticipated that demand for recyclable packaging will increase during the projection period as recycling regulations become more stringent.
What restraints the growth of the deodorant packaging market?
"Environmental issues associated with deodorant packaging"
Global environmental concerns are escalating, which will halt market expansion. Plastic's negative effects and detrimental consequences on the land and marine habitat are important concerning causes. Recycling plastic packaging due to its difficulty degrading will further hinder the market's expansion rate during the forecast period.
Segmentation: North America Deodorant Packaging Market
The deodorant packaging market is segmented on the basis of packaging type, shape, material, deodorant type, distribution channel, and end-user.
- On the basis of packaging type, the deodorant packaging market has been segmented into cans, sticks, tubes, roll ons, tins and others.
- On the basis of shape, the deodorant packaging market has been segmented into rectangular, square, cylindrical, oval, circle and others.
- On the basis of material, the deodorant packaging market has been segmented into plastic, metal, glass and others.
- On the basis of deodorant type, the deodorant packaging market has been segmented into aerosol deodorants, roll-on deodorants, gel deodorants, invisible solid deodorants, solid deodorants, crystal deodorants, wipes deodorants, antiperspirant deodorants, unscented deodorants, stick deodorants and others.
- On the basis of distribution channel, the deodorant packaging market has been segmented into b2b/direct sales, supermarkets/hypermarkets, e-commerce, specialty stores, convenience stores and others.
- On the basis of end user, the deodorant packaging market has been segmented into men and women.
Regional Insights: North America is expected to dominate the deodorant packaging market
U.S. is expected to dominate the market and is expected to grow significantly because of the growing desire among end users for the deodorant packaging region. Moreover, increasing demand for deodorant among consumers will further boost the growth of the deodorant packaging market in this region.
Recent Developments: Deodorant Packaging Market
- In 2020, Berlin Packaging announced the acquisition of Vinkova B.V., a producer of glass packaging that expands the glass selections of businesses in northern Europe. The announcement helped the business gain more customers, which resulted in higher sales.
- In 2021, Unilever's Dove brand unveiled its first refillable deodorant. The refillable deodorant is made of durable stainless steel. Alcohol and metal are not present in this odor.
- In 2021, Secret Derma+ Antiperspirant, a deodorant produced by female dermatologists with skincare properties to lessen underarm discoloration and irritation, was introduced by Procter and Gamble under the Secret brand.
To know more about the study, visit https://www.databridgemarketresearch.com/reports/north-america-deodorant-packaging-market
The Prominent Key Players Operating in the Deodorant Packaging Market Include:
- IMS Packaging Limited (China)
- Kaufman Container. (U.S.)
- Berlin Packaging (U.S.)
- The Packaging Company (U.S.)
- Gerresheimer AG (Germany)
- Pacific Bridge Packaging (U.S.)
- IntraPac International LLC (U.S.)
- AptarGroup, Inc. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of deodorant packaging market companies, contact: https://www.databridgemarketresearch.com/contact
Research Methodology: North America Deodorant Packaging Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
