Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the Deodorant Wipes Market during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2028, and key prospects over the forecast period 2028. The insights and analytics on the Deodorant Wipes Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.
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Wet wipes are preferred by most of the consumers as they provide the right pH balance coupled with and inhibits the growth of microbes. Thus, they are a suitable prevention measure which results in high demand growth for wet wipes. The sales of wipes however are currently hampered due to the closure of retail stores as well as stoppage of e-commerce deliveries amid stringent lockdowns. For instance, in the U.S., the retail industry registered plummeting sales of 8.7% in March 2020, the biggest decline since 1992. Such a huge slump in the retail industry is expected to impact sales of wet deodorant wipes. However, post recovery, the demand for deodorant wipes is expected to increase marginally. Owing to the aforementioned facts, wet wipes are expected to grow at a value CAGR of 1.9% and are anticipated to hold more than 73% share of the global deodorant wipes market by the end of the forecast period.
Dryness & Itch Relief Poised to be Market Stimulating Applications
The outbreak of COVID-19 has resulted in a remarkable drop in the sales and has posed a serious threat of dormancy in the global deodorant wipes market in the near future. However, in the long run, the demand for deodorant wipes are projected to leapfrog. Soaring temperatures and high pollution levels in urban areas are leading to widespread skin dryness and itchiness which is giving impetus to the demand for deodorant wipes. On back of these factors, dryness relief, and itch- relief application segments are expected to grow at value CAGRs of 1.5% & 2.2% respectively and poised to hold more than 62% share of the global market combined.
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The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The Deodorant Wipes Market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.
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Some important questions that the Deodorant Wipes Market report tries to answer exhaustively are:
- Key strategic moves by various players in the Deodorant Wipes Market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares
- Which strategies will enable top players in the Deodorant Wipes Market to expand their geographic footprints
- Which new business models are expected to change the course of growth of key regional markets in near future
- Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants
- Which products segments have in recent years have seen new, lucrative application areas
Benefits of Fact.MR Study
Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.
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