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France Deodorant Market Research Report, 2027

France Deodorant Market Research Report, 2027

Actual Market Research 30-11-2022 58 Pages Figures : 6 Tables : 19 Region : Europe Country : France Category : Consumer Goods & Services Beauty & Personal Care

The French deodorant market is worth hundreds of millions of euros and has grown steadily over the last few years. A particularly competitive market for deodorants is split between the world's leading cosmetics and consumer goods manufacturers (L'Oreal, Unilever, etc.) and private labels. Following Unilever's example, deodorant market participants are choosing compressed formats (25% lower carbon footprint, 25% lower aluminum, 50% lower propellant) to gain market share. France has a population of 67.5 million people, 32.67 million of whom are men and 34.83 million of them are women. The majority of the population, or 41.46 million people, are between the ages of 15 and 65. 12.83 million People live in rural areas compared to 54.67 million in metropolitan areas. According to the World Bank, France's GDP was 2.94 trillion USD, its inflation rate was 1.6%, and its per capita income was US$43,518.5. Due to increasing urbanization, growing population especially in adults is contributing factor to the growth of Deodorant Market in France. According to the research report, "France Deodorant Market Research Report, 2027,” published by Actual Market Research, the market is anticipated to rise by USD 0.17 Billion by 2027. Increasing demand for personal care products along with increasing female labor force participation is one of the key factors driving market growth. Additionally, the growing demand for novel and innovative fragrances and fragrance products among the crowd, especially millennials, is creating a positive Research Report for the market. Various product innovations, such as the development of natural deodorants and aluminum-free deodorants, are driving further growth. These variants are made with organic ingredients like activated charcoal, baking soda, coconut oil, essential oils, and flower extracts and use aesthetically pleasing green packaging to attract a wider consumer base. Therefore, aggressive promotional activities by manufacturers via various social media platforms and the prevalence of e-commerce retail channels are also contributing to the market's growth. Other factors such as increasing consumer spending capacity and rapid urbanization across the globe are expected to continue to drive the market. Ultimately, the deodorant market should move towards greater transparency, taking into account consumer groups' demands regarding product composition (e.g., aluminum salts). Consumers increasingly prefer products that do not contain ingredients that are harmful to their skin. Aluminum-free, alcohol-free, and ACH-free deodorants are different variations of deodorants that are gaining popularity among consumers. With increasing awareness of the negative health effects of aluminum salts in deodorants, there has been a surge in demand for these products, especially among women. Released deodorant. Additionally, this product has a 48 percent higher efficiency for moisture. Companies such as Nivea have also introduced aluminum-free deodorants. Based on product type, deodorant spray holds the largest share in the market due to higher demand for the products including features such as the ability to dry instantly, which in turn helps to avoid stains on clothes, while deodorant sticks are expected to have significant growth during the forecast period. Based on end users, the women's segment holds the largest market, while the men's segment is expected to grow more during the forecast period due to increasing participation in sports activities; these sportsmen are increasingly inclined towards using deodorants to avoid bad smell of sweating. On the basis of packaging material, plastic packaging holds the largest market share in the market and is expected to grow during the forecast period as plastic containers are considered to be durable which means that it can withstand a shock or a drop as compared to a material like glass or paper thus this quality acts as thriving factor for more demand for the product. Furthermore, due to its lower cost as compared to other raw materials, it is often chosen over other types of materials. Based on Distribution Channel, Offline segment leads the market which includes hypermarket/ Supermarkets, Convenience Stores, Specialty Stores, etc. The biggest hypermarkets and supermarkets in the France are Auchan, Carrefour, Intermarché, Leclerc, Monoprix, Super U, Lidl, and Aldi. Carrefour is one of the largest supermarket chains in the world. It has over 5,000 outlets across France, from smaller central stores to large, out-of-town hypermarkets. The Online segment is projected to expand at a remarkable CAGR over the forecast period, which can be attributed to increasing internet penetration rates across France. E-commerce platforms offer a wide range of products to their consumers at attractive discounts, and they provide multiple payment options such as net banking, debit cards, and credit cards, which are some of the important factors augmenting the segment's growth. Deodorants contain a variety of ingredients that can cause allergic reactions, including: B. Aluminum compounds, cyclomethicone, etc. are likely to act as market-limiting factors for deodorant growth in the forecast time. This factor will hinder the growth of the deodorant market. Moreover, the high price of the product is expected to slow down the market growth among budget-conscious consumers and limit the expansion of the deodorant market. This factor is expected to cast doubt on the growth rate of the deodorant market. Recent Development: • Nivea has launched new stress Protect deodorant claims to tackle stress-induced, as well as thermal, sweating, using an antibacterial formulation containing a zinc complex, said to work together to provide protection in stressful situations. Covid-19 Impact: The COVID-19 outbreak has adversely affected the growth of the deodorant market. Deodorants are personal hygiene products that help stop the growth of bacteria on skin and keep it fresh. During the pandemic, deodorants are not considered necessary products. Therefore, the demand for deodorants has decreased during the pandemic. The COVID-19 epidemic has forced countries into lockdowns, disrupting distribution and supply chains. Since deodorant is not a daily necessity, there were restrictions on imports and exports. How to produce new batches of deodorants has been a major challenge for companies due to disruptions in logistics, labor, and raw material supplies. Considered in this report • Geography: France • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • France Deodorant market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type • Spray • Roll on • Gel • Stick • Creams • Wipes • Others By Packing Materials • Metal • Plastic • Others By End User • Men • Women • Others By Distribution Channel • Offline • Online The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Deodorant industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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