Market Insights Consumer Beauty & Personal Care Personal Care

Deodorants - Iran

Iran

In 2024, the Deodorants market in Iran is projected to generate a revenue of €0.42bn.
It is anticipated that the market will experience an annual growth rate of 3.55%, as measured by the compound annual growth rate (CAGR) from 2024 to 2029.
When compared to other countries worldwide, in the United States leads in terms of revenue, with a staggering €5,364m in 2024.
In terms of per capita figures, each individual in Iran is estimated to generate €4.73 in revenue in 2024.
Despite cultural norms favoring modesty, the deodorant market in Iran is experiencing a surge in demand as personal hygiene becomes increasingly important.

Key regions: United Arab Emirates, Canada, Malaysia, Indonesia, Singapore

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.