Key Market Indicators
Sales of deodorant are expected to reach around $48 million by 2026, up from $42 million in 2020. On average, the market has grown by 2.3% each year since 1999. The UK, Germany, and France were the leading countries in the ranking, followed by the US. Honduran import of deodorant is set to increase to over 3 million kilograms by 2026, up from 2.7 million kilograms in 2021. Since 1999, Honduran demand has grown by an average of 2.5% per year, with the country coming in at number 51 in 2021. The UK, Germany, and the US were the top countries by import volume. Honduran exports of deodorant are projected to reach nearly half a million kilograms by 2026, up from 421 thousand kilograms in 2021. Honduran supply has grown by an average of 4.3% each year since 1999, with the country coming in at number 46 in 2021. Germany, Italy, and Poland were the leading countries in the ranking.