Deodorant Packaging Market Trends and Forecast
The future of the global deodorant packaging market looks promising with opportunities in the bottle, can, and tube & roll on markets. The global deodorant packaging market is expected to grow with a CAGR of 2.5% from 2024 to 2030. The major drivers for this market are growing consumer awareness towards personal hygiene and grooming, innovations in packaging design and sustainability efforts, and increasing demand for convenient and travel-friendly packaging formats.
• Lucintel forecasts that glass is expected to witness the highest growth over the forecast period.
• Within this market, tube & roll on is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States - Major deodorant brands like Dove and Old Spice introduce recyclable packaging to reduce environmental impact. Government initiatives promote sustainable packaging practices, aiming to achieve recycling targets. Companies set goals to use more post-consumer recycled materials in their packaging by partnering with recycling facilities.
India - FMCG giants like Hindustan Unilever and Godrej Consumer Products invest in eco-friendly deodorant packaging to align with governmentÄX%$%Xs Swachh Bharat Abhiyan. Targets set by companies to reduce single-use plastic usage, encouraging the use of biodegradable materials. Government pushes for sustainable packaging regulations to combat plastic pollution.
Germany - Deodorant manufacturers like NIVEA and Rexona introduce refillable packaging options to reduce plastic waste. Government incentivizes companies to adopt eco-friendly packaging through tax breaks and subsidies. Companies pledge to achieve carbon-neutral packaging by specific targets, aligning with the countryÄX%$%Xs environmental goals.
Brazil - Companies such as Avon and Natura launch deodorants in compostable packaging, supported by government initiatives to promote green technologies. Targets set by companies to minimize packaging waste through innovative designs and materials. Government regulations mandate the use of recyclable or biodegradable packaging materials to mitigate environmental impact.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Deodorant Packaging by Segment
The study includes a forecast for the global deodorant packaging by type, application, and region.
Deodorant Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Glass
• Metal
• Plastic
Deodorant Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Bottle
• Can
• Tube & Roll Ons
Deodorant Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Deodorant Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies deodorant packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the deodorant packaging companies profiled in this report include-
• Kaufman Container
• Berlin Packaging
• The Packaging Company
• Gerresheimer
• Pacific Bridge Packaging
• Intrapac International
• Aptar
Recent Development in the Deodorant Packaging Market
Unilever: Introduces aluminum-free deodorant packaging to meet consumer demand for more natural and sustainable products.
Procter & Gamble: Launches refillable deodorant packaging options as part of its sustainability commitment to reduce plastic waste.
LÄX%$%XOréal: Implements innovative aerosol technology to develop eco-friendly deodorant packaging with reduced environmental impact.
Beiersdorf: Partners with recycling facilities to increase the use of post-consumer recycled materials in its deodorant packaging, supporting circular economy initiatives.
Features of the Global Deodorant Packaging Market
Market Size Estimates: Deodorant packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Deodorant packaging market size by type, application, and region in terms of value ($B).
Regional Analysis: Deodorant packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the deodorant packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the deodorant packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for deodorant packaging market?
Answer: The global deodorant packaging market is expected to grow with a CAGR of 2.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the deodorant packaging market?
Answer: The major drivers for this market are growing consumer awareness towards personal hygiene and grooming, innovations in packaging design and sustainability efforts and increasing demand for convenient and travel-friendly packaging formats.
Q3. What are the major segments for deodorant packaging market?
Answer: The future of the deodorant packaging market looks promising with opportunities in the bottle, can, and tube & roll on markets.
Q4. Who are the key deodorant packaging market companies?
Answer: Some of the key deodorant packaging companies are as follows:
• Kaufman Container
• Berlin Packaging
• The Packaging Company
• Gerresheimer
• Pacific Bridge Packaging
• Intrapac International
• Aptar
Q5. Which deodorant packaging market segment will be the largest in future?
Answer: Lucintel forecasts that glass is expected to witness the highest growth over the forecast period.
Q6. In deodorant packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the deodorant packaging market by type (glass, metal, and plastic), application (bottle, can, and tube & roll ons), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Deodorant Packaging Market Market, Deodorant Packaging Market Market Size, Deodorant Packaging Market Market Growth, Deodorant Packaging Market Market Analysis, Deodorant Packaging Market Market Report, Deodorant Packaging Market Market Share, Deodorant Packaging Market Market Trends, Deodorant Packaging Market Market Forecast, Deodorant Packaging Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.