Key Market Indicators
Sales of deodorant are set to reach $69 million by 2026, down 2.8% annually from the 2020 high of $81 million. This market decline of 5.1% annually since then has seen the United Kingdom, Germany, and France occupy the top three positions. Portuguese deodorant import is set to reach 5.3 million kilograms by 2026, a year-on-year average growth rate of 1.8%. Since 1993, Portuguese demand has grown 1.2% annually, with the country at 28th place in 2021 behind Pakistan's 4.8 million kilograms. The UK, Germany, and US occupied the top three spots. Exports of Portuguese deodorant are predicted to reach 10.3 million kilograms by 2026, with a CAGR of 1.6%. Since 1993, Portuguese supply has dropped by 4.8% year on year, with the country at 19th place in 2021, behind the Philippines' 9.4 million kilograms. Germany, Italy, and Poland took the top three positions.