The market size for personal deodorants and antiperspirants in the US has experienced significant variability over the past decade, with values ranging from $1.52 billion in 2012 to $2.07 billion in 2022. Key year-on-year trends reveal periods of robust growth, particularly in 2013 (9.45%) and 2015 (13.6%), followed by occasional contractions such as in 2016 (-2.05%) and 2020 (-4.03%). The compound annual growth rate (CAGR) over the past five years stands at a modest 1.32%, indicating a relatively stable market with minor fluctuations.
For the immediate future, expectations should focus on:
- Consumer shifts towards natural and organic products.
- Advancements in product formulas for enhanced efficacy and skin benefits.
- Growing demand for eco-friendly packaging and sustainable production methods.
- Impact of increased health and wellness awareness on purchasing decisions.
How does the United States rank in Personal Deodorants and Antiperspirants Market Size Value?
| # | 59 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 2,091,500,000 | 2023 | +0.93% | +0.98% | |
| 2 | 2 United Kingdom | 1,026,800,000 | 2023 | +1.06% | -1.85% | View data |
| 3 | 3 Germany | 779,790,000 | 2023 | -0.32% | -0.98% | View data |
| 4 | 4 France | 675,390,000 | 2023 | -0.52% | -1.07% | View data |
| 5 | 5 Spain | 454,760,000 | 2023 | +1.84% | -1.19% | View data |